POSITION SUMMARY:

The Risk Officer is responsible for a wide variety of supervisory, compliance, and risk functions. In conjunction with the Senior Risk Officer, the Risk Officer has accountability for maintaining a consistent controlled environment through adherence of business ethics and practices and adherence to all applicable Federal, State and Local laws, Morgan Stanley Wealth Management policies, and other regulations. Then the Risk Officer keeps the Senior Risk Officer informed of significant matters. The Risk Officer role is a non-revenue sharing position that reports to the Senior Risk Officer.

DUTIES and RESPONSIBILITIES:

Surveillance and Supervision

Primary responsibility for all risk, supervisory, and compliance function for respective branch location(s)Facilitates any supervisory inquiry or process that requires escalation from the Senior
Risk Officer and/or the Regional Risk OfficerFocuses on business ethics and regulatory and compliance practicesProvides coaching and guidance on policies and procedures in order to promote risk awareness and a compliant environmentEnsure proper procedures are in place to ensure that approvals are handled appropriately and timely

Risk Management/Compliance/Legal

Monitors and implements procedures to manage all facets of risk, including data securityFacilitates regular and consistent communication of Morgan Stanley Wealth Management policies and other regulationsLiaises with the Legal and Compliance Division with customer complaints and litigationTogether with the Market Manager and Senior Risk Officer, ensures appropriate supervisory coverage is maintained at all timesOversees responsibilities outlined in the Branch Supervisory Manual, as well as new policies to ensure the Complex has procedures in placeSupports in the preparation for and response to audits, and ensures that any audit findings are appropriately responded to and remediatedWorks with Market Manager and Senior Risk Officer to monitor people risk, and ensures appropriate action is takenResponsible for proactive client contact in determining suitability and managing riskActive involvement with the region regarding matters presented to the Credit CommitteePrimary source for intelligence on risk in regard to clients and FAs

Administrative

Works closely with Special Investigation Unit on any Human Resources issues as related to risk and compliance.Together with the Senior Risk Officer facilitates the training on Morgan Stanley Wealth Management compliance policies and procedures.Assists in the review and on boarding of FA recruitsPOSITION SUMMARY:

The Risk Officer is responsible for a wide variety of supervisory, compliance, and risk functions. In conjunction with the Senior Risk Officer, the Risk Officer has accountability for maintaining a consistent controlled environment through adherence of business ethics and practices and adherence to all applicable Federal, State and Local laws, Morgan Stanley Wealth Management policies, and other regulations. Then the Risk Officer keeps the Senior Risk Officer informed of significant matters. The Risk Officer role is a non-revenue sharing position that reports to the Senior Risk Officer.

DUTIES and RESPONSIBILITIES:

Surveillance and Supervision

Primary responsibility for all risk, supervisory, and compliance function for respective branch location(s)Facilitates any supervisory inquiry or process that requires escalation from the Senior
Risk Officer and/or the Regional Risk OfficerFocuses on business ethics and regulatory and compliance practicesProvides coaching and guidance on policies and procedures in order to promote risk awareness and a compliant environmentEnsure proper procedures are in place to ensure that approvals are handled appropriately and timely

Risk Management/Compliance/Legal

Monitors and implements procedures to manage all facets of risk, including data securityFacilitates regular and consistent communication of Morgan Stanley Wealth Management policies and other regulationsLiaises with the Legal and Compliance Division with customer complaints and litigationTogether with the Market Manager and Senior Risk Officer, ensures appropriate supervisory coverage is maintained at all timesOversees responsibilities outlined in the Branch Supervisory Manual, as well as new policies to ensure the Complex has procedures in placeSupports in the preparation for and response to audits, and ensures that any audit findings are appropriately responded to and remediatedWorks with Market Manager and Senior Risk Officer to monitor people risk, and ensures appropriate action is takenResponsible for proactive client contact in determining suitability and managing riskActive involvement with the region regarding matters presented to the Credit CommitteePrimary source for intelligence on risk in regard to clients and FAs

Administrative

Works closely with Special Investigation Unit on any Human Resources issues as related to risk and compliance.Together with the Senior Risk Officer facilitates the training on Morgan Stanley Wealth Management compliance policies and procedures.Assists in the review and on boarding of FA recruits

Qualifications - External

Education and/or Experience

Bachelor’s degree required or equivalent education or experiencePrevious industry experienceActive Series 7, 8 (or 9 and 10), and 63, 65 (or 66)Other licenses as required for role or by management

Knowledge/Skills

Knowledge of SEC, FINRA and Firm Compliance Policies and ProceduresEffective written and verbal communication skillsStrong attention to detailAbility to prioritize and resolve market problems and escalate as necessaryAbility to identify issues and trends in order to anticipate change and provide recommended comprehensive solutions and remediesEvidence of strong leadership capabilities or previous supervisory experienceAbility to organize and prioritize workflow and assignments in a deadline oriented environmentAbility to interact with Financial Advisors and clientsExcellent judgment and the ability to be discreet in all mattersStrong work ethic

Reports to:

Senior Risk OfficerMorgan 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).

Qualifications - External

Education and/or Experience

Bachelor’s degree required or equivalent education or experiencePrevious industry experienceActive Series 7, 8 (or 9 and 10), and 63, 65 (or 66)Other licenses as required for role or by management

Knowledge/Skills

Knowledge of SEC, FINRA and Firm Compliance Policies and ProceduresEffective written and verbal communication skillsStrong attention to detailAbility to prioritize and resolve market problems and escalate as necessaryAbility to identify issues and trends in order to anticipate change and provide recommended comprehensive solutions and remediesEvidence of strong leadership capabilities or previous supervisory experienceAbility to organize and prioritize workflow and assignments in a deadline oriented environmentAbility to interact with Financial Advisors and clientsExcellent judgment and the ability to be discreet in all mattersStrong work ethic

Reports to:

Senior Risk OfficerMorgan 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).false