Assistant Vice President Vendor Program Management
New York, New York
Employer: Morgan Stanley
Industry: Operational Risk
Salary: $80000 - $125000 per year
Job type: Full-Time
Morgan Stanley is a global financial services firm that conducts its business through three principal business segments-Institutional Securities, Wealth Management, and Asset Management. The Analyst/Associate position is with Morgan Stanley Bank, NA and Morgan Stanley Private Bank, National Association (US Banks) on the US Banks Vendor Program Management Team.
Summary
The Vendor Program Management Assistant Vice President position is responsible for supporting the US Banks Vendor Program Management Office and reports into a Bank Vendor Program Management Officer. The program's framework consists of the following areas of responsibility:
• Actively support in the development, implementation, training, refinement and sustainability of a vendor governance framework, including cloud
• Advise Business Units and other stakeholders in their due diligence assessments and activate the relevant downstream subject matter experts to assess risk mitigation
• Monitor vendor risks on a continuous basis and produce reporting and escalate elevated risk
• Assist with day-to-day support for the Bank's direct and indirect vendors, including the vendor lifecycle from on-boarding, contract reviews, periodic monitoring, risk assessments, expense management and termination
• Ensure appropriate governance of policies and procedures, and the US Bank's framework adherence to key Office of the Comptroller of the Currency (OCC) and FFIEC regulatory requirement
• Support the Vendor Program Manager Officers in weekly, monthly, and quarterly Committees and Sub-Committees related to the Affiliate and Third Party Vendor Management Program
• Forge relationships across senior leadership of the Bank, cross-divisions, including Information Technology, Legal & Compliance, Operations, Finance, etc.
This role will be located at our New York Plaza location and will require in office attendance 3 days/week, where you will be in the office with your teammates to learn, grow, and collaborate in person.
Qualifications:
Required Skills:
• Bachelor's degree in Finance, Business or other related field
• 3-5 years of relevant experience in risk management, documentation and governance in the financial services industry is a plu
• Familiar with Information Technology risks in general and Cloud technologies specifically (SaaS, PaaS, IaaS, Public & Private Cloud)
• Demonstrate a basic understanding of various compliance and regulatory areas (e.g. FFIEC, NIST)
• Strong sense of ownership, accountability, and entrepreneurial spirit
• Strong project management, organization, communication, and analytical skill
• Ability to manage ambiguity and bring focus with recommendations on solving tactical and strategic challenge
• Ability to work in a fast paced environment, both independently and as part of a team, and under strict deadline
• Strong at identifying key control points within a process, and then provide assessment of the preventative and detective control
• Strong interpersonal skills - freely develops networks, builds consensus, prioritizes effectively, and develops alliances across organization
• Strong written and oral communication skills will be important for this role as effective communication of our role to IT, the business units, regulators, and our vendors is critical
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).
Summary
The Vendor Program Management Assistant Vice President position is responsible for supporting the US Banks Vendor Program Management Office and reports into a Bank Vendor Program Management Officer. The program's framework consists of the following areas of responsibility:
• Actively support in the development, implementation, training, refinement and sustainability of a vendor governance framework, including cloud
• Advise Business Units and other stakeholders in their due diligence assessments and activate the relevant downstream subject matter experts to assess risk mitigation
• Monitor vendor risks on a continuous basis and produce reporting and escalate elevated risk
• Assist with day-to-day support for the Bank's direct and indirect vendors, including the vendor lifecycle from on-boarding, contract reviews, periodic monitoring, risk assessments, expense management and termination
• Ensure appropriate governance of policies and procedures, and the US Bank's framework adherence to key Office of the Comptroller of the Currency (OCC) and FFIEC regulatory requirement
• Support the Vendor Program Manager Officers in weekly, monthly, and quarterly Committees and Sub-Committees related to the Affiliate and Third Party Vendor Management Program
• Forge relationships across senior leadership of the Bank, cross-divisions, including Information Technology, Legal & Compliance, Operations, Finance, etc.
This role will be located at our New York Plaza location and will require in office attendance 3 days/week, where you will be in the office with your teammates to learn, grow, and collaborate in person.
Qualifications:
Required Skills:
• Bachelor's degree in Finance, Business or other related field
• 3-5 years of relevant experience in risk management, documentation and governance in the financial services industry is a plu
• Familiar with Information Technology risks in general and Cloud technologies specifically (SaaS, PaaS, IaaS, Public & Private Cloud)
• Demonstrate a basic understanding of various compliance and regulatory areas (e.g. FFIEC, NIST)
• Strong sense of ownership, accountability, and entrepreneurial spirit
• Strong project management, organization, communication, and analytical skill
• Ability to manage ambiguity and bring focus with recommendations on solving tactical and strategic challenge
• Ability to work in a fast paced environment, both independently and as part of a team, and under strict deadline
• Strong at identifying key control points within a process, and then provide assessment of the preventative and detective control
• Strong interpersonal skills - freely develops networks, builds consensus, prioritizes effectively, and develops alliances across organization
• Strong written and oral communication skills will be important for this role as effective communication of our role to IT, the business units, regulators, and our vendors is critical
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).
Created: 2024-05-07
Reference: 3249227
Country: United States
State: New York
City: New York
ZIP: 10036
Similar jobs:
-
Senior Program Manager
Northwell Health in New York, New York💸 $70470 - $116870 per year -
Program Manager
Safran in Lancaster, New York💸 $100000 per year -
Program Manager
Circor in Hauppauge, New York💸 $97000 - $135000 per year -
Manager, Strategy & Planning, Program Execution
Cisco Systems Inc in New York, New York -
Position Manager (Personnel Program Development Specialist Level 1), HR Administration/Lincoln
NYC Health Hospitals in New York, New York -
Principal Program Manager - External Fulfillment, AFT External Fulfillment
Amazon in New York, New York💸 $111100 per year -
Program Management Specialist
Apex Systems in Orient Point, New York -
IT&S Program Manager - Genesys Contact Center
Northwell Health in Melville, New York💸 $112800 - $197200 per year -
Registered Nurse Clinical Program Manager
Northwell Health in Plainview, New York💸 $94000 - $150000 per year -
Manager Operations Program Support
Metropolitan Transportation Authority in New York, New York💸 $90908 - $119317 per year -
Program Manager IV
Apex Systems in New York, New York💸 $70 - $80 per hour -
Senior Vice President Program Executive (Facility Management)
Metropolitan Transportation Authority in New York, New York -
Program Manager, Monetization Product Testing
Meta in New York, New York -
Clinical Research Program Manager
Northwell Health in Lake Success, New York💸 $62250 - $100130 per year -
Associate Program Manager
Northwell Health in Melville, New York💸 $58540 - $92650 per year -
Senior Program Manager
AECOM Technology Corporation in New York, New York💸 $180000.00 per year -
Interdisciplinary Program Manager
U.S. Army Corps of Engineers in Buffalo, New York -
Program Manager Digital Transformation
Insight Global in New York, New York -
Technical Program Manager, Privacy Sandbox
Google in New York, New York -
Program Manager
Circor in Hauppauge, New York💸 $97000 - $135000 per year