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Morgan Stanley is a global financial services firm that maintains significant market positions in each of its business segments— Institutional Securities, Wealth Management, and Investment Management. Morgan Stanley, through its subsidiaries and affiliates, provides a wide variety of products and services to a large and diversified group of clients and customers, including corporations, governments, financial institutions, and individuals. Institutional Securities provides a variety of products and services to corporations, governments, financial institutions, and ultra-high net worth clients. Wealth Management provides a comprehensive array of financial services and solutions to individual investors and small to medium-sized businesses and institutions covering: financial advisor-led brokerage and investment advisory services; self-directed brokerage services; financial and wealth planning services; workplace services including stock plan administration; annuity and insurance products; securities-based lending, residential real estate loans and other lending products; banking; and retirement plan services.

Our U.S. bank subsidiaries, Morgan Stanley Bank N.A. (“MSBNA”), Morgan Stanley Private Bank, National Association (“MSPBNA”), collectively, (“the U.S. Banks”) accept deposits, provide loans to a variety of customers, including large corporate and institutional clients as well as high to ultra-high net worth individuals, and invest in securities. Lending activity recorded in the U.S. Bank Subsidiaries from the Institutional Securities business segment primarily includes Secured lending facilities and Commercial real estate loans. Lending activity recorded in the U.S. Bank Subsidiaries from the Wealth Management business segment primarily includes Securities-based lending, which allows clients to borrow money against the value of qualifying securities, and Residential real estate loans.

The New Product Approval (“NPA”) evaluation and execution process and the Product Change Management Program (“PCMP”) are integral parts of the U.S. Banks’ risk governance frameworks to prudently manage the non-financial and financial risks associated with identifying, documenting, tracking, escalating, and reporting Business Unit product change proposals for existing Bank products or services or offering a brand-new product or service.

The U.S. Banks Business Risk New Product Approval AVP will be responsible for the following:

Job Responsibilities:

• Provide analytical and documentation support for the 1LOD Operational Risk New Product and Product Change Management Committee Quorum Member. • Work with management and risk partners covering various Bank strategic initiatives and existing product change management due diligence which may include deep dive reviews of the end-to-end process being proposed by the Banks business units. • Aid the business to understand the requirements from risk perspective on operational readiness. • Collaborate with the businesses and other stakeholders in the development of process maps to map inherent risks to their mitigating controls, including updates to the Risk and Control Assessments (RCSA) • Track the various in-flight programs and status of operational risk due diligence across all NPA and PCM proposals. • Facilitate conversations across quorum areas where there are interdependencies to ensure alignment and accurate documentation of risk capture (e.g., Vendor Risk, Privacy, Info Sec, Reg W, Model Risk, and Dual Officer programs). • Conduct analysis to consider the impacts of the strategic initiatives from a thematic perspective to ensure appropriate considerations on risk impact and metrics, including open issues and incidents. • Collaborate with stakeholders and across 1st and 2nd Lines to confirm comprehensive and consistent practices are followed to allow for a successful oversight program that proactively manages and assesses operational risk. • Attend and participate in relevant management meetings and committees. • Aid in the implementation of written procedures for area of responsibility to ensure consistency and compliance with regulatory and Bank expectations. • Collaborate with stakeholders and across all three lines of defense to confirm comprehensive and consistent practices are followed to allow for a successful product execution.

* * Experience: •Minimum of 5 years of professional risk management experience in financial services industry; preferably in a highly regulated environment. •Experience in operations, finance, compliance, or audit is a plus. •Bachelor’s Degree in; Finance, Economics, or Business is preferred. •Project Management expertise is a plus. *Required Skills: *

•Ability to work in a fast-paced, high-demand environment, both independently and as part of a team, under tight deadlines and with the ability to manage multiple priorities concurrently, efficiently, and effectively. •Attention to detail, strong analytical, quantitative, and problem-solving skills. •Strong interpersonal, verbal, and written communication skills; capable of clear and concise writing, making presentations to an internal audience, and interacting positively with upper management, colleagues, and clients. •Risk management experience including governance, reporting, policy procedure review, audit/regulatory support. •Strong project management and reporting skills. •Excellent verbal and written communication skills, presentation skills and the ability to influence and interact with senior members of the Bank. •Strong sense of ownership and accountability; is willing to be fungible and has an entrepreneurial spirit. •Proficient use of Microsoft Office Suite of products including Excel, Word, and PowerPoint. Expected base pay rates for the role will be between $80,000 and $125,000 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.

*Expanded legislation requires that roles that sit in other state locations, but report to a manager in NY, must have the above language included in postings with the pay scale reflective appropriately to the location where the role will be sitting. 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).

Job: *Operational Risk

Title: Assistant Vice President U.S. Banks Business Risk New Product Approval

Location: New York-New York

Requisition ID: 3252194

Other Locations: Americas-United States of America-New York-Purchase