MSWM Operational Risk:

The Morgan Stanley Wealth Management (MSWM) Operational Risk group is responsible for overseeing the operational risk and control framework across the Wealth Management business unit. This team partners with Business Risk and Control groups throughout the organization to execute independent risk monitoring functions, implement control processes and procedures, report operational losses, manage various audit and compliance exams, organize the annual Risk and Control Self-Assessment (RCSA) and coordinate recent operational risk programs in partnership with the business as well as Firm Operational Risk Management.

Key Responsibilities will include, but not limited to the following:

This role will challenge the status-quo to uncover and realize efficiencies, accept accountability for persistent improvement, and leverage our broad spectrum of expertise to detect unknown control gaps through a robust testing program.

Specific duties within the WM Operational Risk team will include:




- Define and execute test scripts across a wide variety of Wealth Management functions; targeting key controls that mitigate inherently critical risks
- Identify opportunities for operational improvement and assist with corresponding change management activities, including root cause analysis, issue and action plan definition, requirements development, etc.
- Support a variety of operational risk management initiatives and special projects, including issue and action plan tracking, incident management, business activity monitoring, management reporting, audit inquiry response, targeted remediation support, etc.
- Support preparation of monthly, quarterly and annual metrics based on team activities and corresponding communication with key stakeholders
- Identify opportunities for internal team efficiency gains and support the development and maintenance of team procedures, risk management tools and data repositories

Qualifications:

A successful candidate will understand

📌 Operational Risk (Mumbai)
🏢 Morgan Stanley
📍 Mumbai