Vice President TPPM EMEA Regional

Job Number:

3231759

DESCRIPTION

About us:

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethics. Morgan Stanley can provide a superior foundation for building a professional career — a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

About Third Party Program Management

The Third-Party Program Management (TPPM) group is a dedicated first line of defence function within Reengineering & Expense Management (REM) and the Finance division, established to more effectively manage risks associated with Morgan Stanley's use of internal and external Third Parties to provide goods and services. TPPM is part of REM alongside Accounts Payable and Firm wide Sourcing.

TPPM's key objectives:

• Enable a firm wide Third-Party Risk Management (TPRM) program based in first line of defence
• Implement a firm wide TPRM strategy, processes, and tools
• Execute due diligence and ongoing monitoring
• Implement clear, consistent information and reporting to identify, measure, monitor and manage firm-wide risks
• Maintain compliance with regulatory requirements

About the Role:

Role: Vice President, TPPM EMEA Regional Coverage

Location: London, UK

Reports to: Executive Director, TPPM EMEA Regional Lead

Scope: Third Party Risk Management

• Support Morgan Stanley’s Business Units in identifying and managing Third Party risks in accordance with the Firm’s TPRM framework, coordinating with other functional and regional TPPM teams as required
• Develop and maintain regional Third-Party risk management procedures in adherence with regulations, policies, and standards
• Monitor and assess Business Units’ adherence to policies, standards, and procedures
• Identify and escalate risks and issues for resolution, escalating to the Regional and Global Head as appropriate, and work with the Businesses and Support Functions to investigate, manage and mitigate
• Design and produce risk reporting for senior management and governance committees
• Design and implement enhancements to the Third-Party risk management framework to address new requirements, identified improvements and thematic issues
• Track, investigate and report on Third Party incidents and events which impact or pose a risk to Morgan Stanley, coordinating with global TPPM teams and impacted Business Units
• Review proposed new, and changes to existing, outsourced services and partner with Business Units to ensure required procedures are followed standards are met
• Contribute to a strong leadership presence in the region by establishing, prioritising and coordinating Third Party related projects; driving continuous improvements to the controls and efficiency of processes; and supporting Third Party risk and outsourcing related dialogue and reporting to regulators
• Oversee the EMEA TPPM Risk and Reporting team, reviewing achievements against defined metrics to assess effectiveness of the organization
  
  

QUALIFICATIONS

• Experience in Global Banking or Financial Services organizations, preferably in roles relating to Internal control and risk management
• High level of proficiency in Microsoft Excel, proven ability to work with large volumes of data
• Strong analytical capabilities along with the ability to translate data analysis into actions and results for Senior Management
• Excellent English writing skills with ability to flex messaging to audience is required
• Strong project management skills, including ability to coordinate with cross-functional teams across the globe with varied backgrounds and skills
• Excellent communication and presentation skills and proven ability to effectively interact with team members, Business Units, and peers, earning their trust and establishing credibility
• Strong understanding of regulatory requirements for managing Third Party and outsourcing risk in Financial Services organizations is a must
• Experience in developing and maintaining process and procedural documentation is a must
• Bachelor’s degree or equivalent combination of training and experience
• Strong proficiency in Microsoft PowerPoint and Word is a must
• Ability to work in a global team environment, building and maintaining a network of contacts and coordinating with a large number of stakeholders