JobMesh

VP, Third Party Risk Officer

Morgan Stanley · US

Non-Financial Risk Organization Overview : The second- line Non-Financial Risk NFR organization includes the Compliance, Global Financial Crimes, and Operati...

Job description

Non-Financial Risk Organization Overview: The second- line Non-Financial Risk NFR organization includes the Compliance, Global Financial Crimes, and Operational Risk departments and provides a single, comprehensive, and consistent second-line view of these non-financial risks. Non-Financial Risk encompasses risks which are not financial in nature, and could have a potential economic, reputational, regulatory, financial reporting, or client impact from (i) failed or inadequate processes, data, or controls; ii) infrastructure or environmental factors; or iii) intentional or inadvertent actions of employees or external parties. The second-line NFR organization partners with the first-line business units to advise, train, manage, report, identify, analyze, and escalate non-financial risks. Team Overview: The role is part of the Operational Risk Department (ORD) which is comprised of teams based in New York, Baltimore, London and Budapest and is responsible for the implementation and management of the operational risk framework across all business and infrastructure functions globally. Within ORD, coverage of our business and infrastructure divisions is achieved via division specific co...