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Operational Risk Business Coverage, Vice President - Legal and Compliance Division's Operational Risk Department

Morgan Stanley Tokyo, Japan
Posted 27 days ago Permanent Competitive
About the Firm

Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in 42 countries, the firm's employees serve clients worldwide including corporations, governments, institutions and individuals. For further information about Morgan Stanley, please visit www.morganstanley.com.

About the Division

The Firm has a robust Operational Risk Management Framework designed to identify and assess significant operational risks and ensure appropriate mitigation actions are undertaken. The Framework is deployed across Business Units, Infrastructure Groups and Control Functions globally. The Framework is based upon a Three Lines of Defence model within which ORD operates as Second Line of Defence, providing independent oversight and challenge to the management of operational risk across the Firm.

About the Role

The role will reside within the Legal and Compliance Division's Operational Risk Department. Operational Risk refers to the risk of financial or other loss, or potential damage to a firm's reputation, resulting from inadequate or failed internal processes, people, systems, or from external events (e.g., transactional error, fraud, cyber attack, etc.) impacting the full scope of its business activities, including revenue-generating activities and infrastructure groups. Given the nature and breadth of operational risk, operational risks are managed at multiple levels e.g., Firmwide, as well as Regional, Business Unit, Infrastructure Group, Control Function and Legal Entity. We are looking for a senior talent to join the Japan Operational Risk Coverage team, with coverage responsibilities for Japan businesses as well as a focus on Fixed Income division across Asia. The role will be based in Tokyo reporting to the Head of Japan Operational Risk and co-reporting to Head of Asia Operational Risk Coverage in Hong Kong.

Key Responsibilities
  • Enhance / build solid client relationships with key individuals relevant to designated coverage responsibilities.
  • Develop in-depth understanding of the business and operational risks within designated coverage areas.
  • Assist the divisions in highlighting their Key Operational Risks and management of risk levels against designated risk tolerance limits at a divisional and Firm level.
  • Carry out deep dives into material operational risk events (internal and external) and analyses of thematic and emerging operational risks.
  • Assist in the enhancement of the Operational Risk programme and embedding of the framework and standards.
  • Assist in reporting to Boards and Committees.
Qualifications, Skills & Requirements
  • Candidate should have a minimum of 7 years of relevant working experience, having worked directly in Sales & Trading functions or a supporting infrastructure unit.
  • Native Japanese speaker / fluency in English
  • Prior experience in risk management, or other risk/control-based roles is preferred.
  • Confidence to take ideas forward and to challenge the 1st line.
  • Proven ability to anticipate and identify risks and effective mitigants.
  • Strong organizational skills with the ability to multitask and prioritize; ability to work under pressure and against tight deadlines.
  • Ability to communicate in concise and precise manner.
  • Ability to work in a team environment, build and maintain a network of stakeholders throughout the firm.
  • Good understanding of banking regulation, especially relating to operational risk management is highly desirable.
Why Morgan Stanley?
  • A career with Morgan Stanley means being part of an inclusive culture that encourages diverse perspectives, innovation, and cross-collaboration to bring value to our clients. You'll find passionate people from all walks of life working together to make the world a little better every day.
  • W e invest in the growth and success of our people through mentorship and development programs, as well as abundant opportunities to connect with peers and senior leaders through employee-driven networks and volunteer activities.
  • We invest in the growth and success of our people through mentorship and development programs, as well as abundant opportunities to connect with peers and senior leaders through employee-driven networks and volunteer activities.
  • Morgan Stanley is an equal opportunity employer. Our goal is to build and support a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. We are committed to support special needs or reasonable accommodations necessary to enable you to work comfortably and effectively.
- Discover our Japan Offerings : https://www.morganstanley.co.jp/ja/people/working-at-morgan-stanley
- Discover our Global Offerings : https://www.morganstanley.com/people/experienced-professionals

Our Commitment to Japan

Everything we do at Morgan Stanley is guided by our five core values: do the right thing, put clients first, lead with exceptional ideas, commit to diversity and inclusion, and give back. Since opening a representative office in Tokyo in 1970, we have been one of the largest and most active foreign financial firms in Japan providing investment banking, sales & trading, real estate, and investment management services.

Our People (English) : https://www.morganstanley.com/articles/who-we-are

Our People (Japanese) : https://www.morganstanley.co.jp/ja/people
Job ID  3248913
ABOUT COMPANY
Hong Kong
68000 Employees Investment Banking / M & A
Morgan Stanley has earned a worldwide reputation for the excellence of its advice and execution in financial markets. With offices in more than 41 cou...
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