New York, New York, United States of America
9 hours ago
Operational Resilience Project Manager – Associate P3

Company Profile:

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Department Profile:

The Firm Resilience Function owns the identification and resilience for the Firm’s key business services and coordinates operational resilience efforts across the Firm. Firm Resilience works with Legal and Compliance to interpret regulatory guidance on operational resilience and is responsible for advising Business Units on standards and implementation. The function also works with Regulatory Relations and the Business Units to review and respond to regulatory requests and prepare for regulatory exams touching on operational resilience.

As a member of our team, you will be in a unique position to interact with people and teams globally across different businesses and functions, working on topics that have a direct impact on the operational stability of the Firm.

Core Responsibilities:

This position will report directly to the Global Head of Resilience Planning with responsibility for a wide range and constantly changing set of initiatives.  The operational resilience and business continuity space is the subject of constant regulatory change with ever increasing expectations.  Dynamically changing threats, climate change, cyber attacks, etc demand that the Firm’s Enterprise programs evolve and adapt in kind.  This requires numerous and parallel “change the bank” initiatives that need detailed planning, socialization, and coordination.  Managing these projects with an aim for eventual adoption to Business as usual activities is a complex task and places extreme demands on the resource pool that must deliver the work.  The candidate will have to learn and work across a myriad of complex business units, technology, and global governance space while building, managing , reporting and ensuring delivery of multiple parallel efforts.  These initiatives requires the preparation of compelling documentation for a variety of audiences and must be tailored for each.  This includes regulators across the globe.     The successful candidate will be responsible for the implementation of these enhancements by working closely with stakeholders from across the global organization and the overall Firm Resilience team.

Primary Responsibilities:

Assist in managing projects that are needed to address new regulations, audit requirements, and the evolving operational resilience landscape.  Incorporate into the existing Resilience enterprise programs.  Detailed analysis is required to develop change the bank initiatives requiring planning for changes to policy, procedures, resourcing, tooling and adoption plans eventually into BAU resilience programs to fully embed those changes.  Data driven decision making is fundamental to success.Assist in the development and synchronization of these projects that often span Morgan Stanley’s global programs though at times must be tailored for regional requirements.  Role requires high levels of socialization, explanation, and coordination.  The effort to synchronize efforts both within the organization but also in partnership with the rest of the Firm for adoption is complex work to achieve stakeholder buy in and SME input is critical to the role’s success.Lead the collecting and annual uplift of training and awareness requirements across Resilience Planning and ensuring updates are made as needed to required training in the Firm’s HR training tool, cornerstone.  Ensure requirements are gathered, products quality controlled and final approvals obtained for refresh or new materials created.  Assist in the management and reporting of related budget/expenses for training.Synchronize and serve as principal liaison with the multiple teams across the Firm that steadily require Requests for Information, responses to audits, and regulatory exams as required.  This role will require frequent and time sensitive development of products to explain Firm programs and respond to detailed data requests by regulators.  This information must be curated expertly and carefully examined before submission often with extreme tight timelines.  The ability to take complex concepts and technical information and tell the story in a clear and compelling manner is critical for this role Collaborate with professionals that span a wide range of expertise and lead working groups to problem solve utilizing a disciplined methodology.  From that problem solving effort design and deliver proposals and project plans with clearly stated options with data driven cost/benefit analysis for senior leader decision making.  Be able to represent the work clearly to demanding stakeholder groups across the globe.Assist in synchronizing the change the bank projects with simultaneously run the bank activities and help with the prioritization and management of the myriad of deliverables with a set resource pool.Create and develop enhanced reporting capabilities across the spectrum of previously stated tasks to enable decision makingSupporting the development and maintenance of the Business Service Resilience Framework, including policies, procedures and program plansCollaborating with departments across the Firm, such as Operational Risk, Operations and Technology, to implement the Business Service Resilience Framework (e.g., development of severe but plausible scenarios that will be tested to measure resilience of the Firm’s Key Business Services)Identifying or supporting the development of solutions for strategic changes required for resilience and opportunities for efficiencies across related programsTimely and accurate reporting of resilience management information

Required:

Minimum Bachelor's DegreeStrong leadership and project management skillsExcellent English fluency (verbal & written) is requiredExcellent communication skills (written, verbal and presentation) with the ability to articulate program enhancements to key stakeholdersStrong relationship building and influencing skillsSelf-motivated, proactive, and calm under pressurePC skills: Microsoft applications (Outlook, Excel, PowerPoint, and Word)Some planning and resilience experienceExceptional organizational skills with the ability to work successfully across multiple priorities and conflicting deadlines while producing quality results and deliverablesExceptional analytical skills with the ability to identify and assess risks and issues through critical thinking while developing possible solutionsWe especially value candidates who offer innovative ideas and help increase the efficiency of our business

Beneficial:

Certified Business Continuity Professional (CBCP) certification or similar is a plusUnderstanding of existing and emerging regulatory requirements on the financial sector regarding Business Continuity and Operational Resilience

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

Expected base pay rates for the role will be between $110,000 and $150,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).

Confirm your E-mail: Send Email