Morgan Stanley ("MS") is a global financial services firm that conducts its business through three principal business segments-Institutional Securities Group ("ISG"), Global Wealth Management via Wealth Management ("WM"), and Asset Management. WM's network includes approximately 15,000 Financial Advisors with total client assets of over $1.5 trillion. WM provides comprehensive financial advice and services to its clients including brokerage, investment advisory, financial and wealth planning, credit and lending, deposits and cash management, annuities, insurance, retirement and trust services.

The U.S. Banks- Morgan Stanley Private Bank, National Association ("MSPBNA") and Morgan Stanley Bank, N.A. ("MSBNA") provide cash management and lending products and services to serve the needs of WM & ISG clients. The U.S. Banks seek a Vice President ("VP") to join the Deposits and Cash Management Business Control Unit team. The VP will report into the Head of the Deposits and Cash Mgmt BCU. He or she will support the operational risk program for banking products and services.

The VP U.S. Banks Business Control Unit Officer will be responsible for the following:

Key Responsibilities:

Deposits and Cash Management Business Control Unit:

• Execute the Deposits & Cash Management first line of defense (FLOD) oversight and monitoring program

• Identify measure, monitor and report emerging risks while executing oversight and monitoring of the Deposits and Cash Management program

• Collaborate with stakeholders to confirm comprehensive and consistent practices are followed to allow for a successful oversight program that proactively manages risk

• Manage the identification and assessment of risks and controls related to the Deposits and Cash Management busine

• Attend assigned management meetings to monitor products and services operational risk

• Confirm thorough action plans are created to mitigate risk identified within products and services with owners and due dates in internal tracking system

• Confirm effective management metrics/MIS are in place to adequately identified risk to manage across products and service

• Prepare corporate governance risk reporting/MIS for area of responsibility

• Track deliverables to ensure deadlines are met

• Implement written procedures for area of responsibility to ensure consistency and compliance with regulatory and Bank expectation

• Comply with Firm and Bank policies and procedure

• Manage, coach and support direct report(s) if applicable

• Participate in Bank and Firm event

• Additional duties as assigned

• Limited travel may be required

Qualifications:

Required Experience:

• Minimum 6-8 years of professional experience in financial services industry; preferably in risk management, finance, compliance, or audit.

• Bachelor's Degree in Finance, Accounting, Economics (Preferred)

• Banking experience (Preferred)

Skills required:

• 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 investigative problem-solving abilitie

• 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.

• Strong project management and reporting skills.

• Proficient with Microsoft Office products.

Expected base pay rates for the role will be between $120,000 and $180,000 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)