Senior Institutional Risk Officer

The Senior Institutional Risk Officer is responsible for a wide variety of supervisory, compliance, and risk functions related to the Institutional Infrastructure Solutions (IIS) Market. In conjunction with the Market Executive and other Institutional Risk Officers within the Market, the Senior Institutional Risk Officer has accountability in the Market for maintaining a consistent control environment through adherence of business ethics and practices and adherence to all applicable Federal, State and Local laws, Morgan Stanley Wealth Management policies, and other regulations.

The Senior Institutional Risk Officer keeps the Market Executive and other senior business leaders informed of significant matters within the Market and must determine when the Market Executive, other Branch Managers within the Market and/or Head of Institutional Risk Officers should be directly involved.

Duties and Responsibilities Surveillance and Supervision Primary responsibility for all risk, supervisory, and compliance functions for the Market Communicates and facilitates any supervisory inquiry or process that requires escalation from the Market to the Head of Institutional Risk Officers Focuses on business ethics and regulatory and compliance practices

Provides the coaching and guidance on policies and procedures in order to promote risk awareness and a compliant environment within the Market Ensures proper procedures are in place to ensure that approvals are handled appropriately and timely

Manages the Institutional Risk Officers within the Market to ensure consistent supervisory practices

Ensures procedures are in place for self-audits.

Risk Management/Compliance/Legal Monitors and implements procedures to manage all facets of risk, including data security, across the Market Facilitates regular and consistent communication of Morgan Stanley Wealth Management policies and other regulations

Liaises with the Legal and Compliance Division with customer complaints and litigation

Together with the Market Executive and Institutional Risk Officers, ensures appropriate supervisory coverage is maintained at all times across the Market as required by Firm policy

Oversees all responsibilities outlined in the Branch Supervisory Manual, as well as new policies to ensure the market has procedures in place

Is responsible for the preparation for and response to audits, and ensures that any audit findings are appropriately responded to and remediated

Works with Market Executive and Institutional Risk Officers to monitor people risk, and ensures appropriate action is taken

Primary source for intelligence on risk in regard to clients and FAsActive involvement with margin and credit decisions

Administrative

Works closely with Special Investigation Unit on any Human Resources issues as related to risk and compliance

Together with the Institutional Risk Officers in the Market, facilitates the training of all personnel on Morgan Stanley Wealth Management compliance policies and procedures

Runs or assists with various projects as needed

Education and/or Experience Bachelor’s degree required or equivalent education or experience

Previous industry experience

Active Series 7, 8 (or 9 and 10), and 63, 65 (or 66)
Knowledge/Skills Knowledge of SEC, FINRA and Firm Compliance Policies and Procedures Effective written and verbal communication skills

Strong attention to detail

Ability to prioritize and resolve complex problems and escalate as necessary

Ability to identify issues and trends in order to anticipate change and provide recommended comprehensive solutions and remedies

Evidence of strong leadership capabilities or previous supervisory experience

Ability to organize and prioritize workflow and assignments in a deadline oriented environment

Ability…