Vendor Program Management Associate

Description - External

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.

Description

The Vendor Program Management Analyst/Associate 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:

• Strong interpersonal skills - freely develops networks, builds consensus, prioritizes effectively, and develops alliances across organizations
• Support issues remediation and program enhancements
• Bachelor’s degree in Finance, Business or other related field
• Demonstrate a basic understanding of various compliance and regulatory areas (e.g. FFIEC)
• Strong written and oral communication skills will be important for this role
• Strong sense of ownership, accountability, and entrepreneurial spirit
• Ability to work in a fast paced environment, both independently and as part of a team, and under strict deadlines
• Actively lead and partner across organizations in the development, implementation, and sustainability of third party cloud governance and risk management
• Monitor and advise stakeholder on third party due diligence assessments and activate the relevant downstream subject matter experts to assess risk mitigation
• 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
• Strong at identifying key control points within a process, and then provide assessment of the preventative and detective controls
• Provide assistance to ad-hoc projects including those related to inventory management, business and product mapping, metrics and reporting and third-party privacy matters
• Advanced Microsoft Excel, data analysis and project management skills
• Ensure appropriate governance of policies and procedures, and the Bank’s framework adherence to key Office of the Comptroller of the Currency (OCC) and FFIEC regulatory requirements
• Ability to manage ambiguity and bring focus with recommendations on solving tactical and strategic challenges
• 3-5 years of relevant experience in risk management, documentation and governance in the financial services industry is a plus
• Strong project management, organization, communication, and analytical skills
• Support the Vendor Program Manager Officers in weekly, monthly, and quarterly Committees and Sub-Committees related to the Affiliate and Third Party Vendor Management Programs
• Familiar with IT in general and Cloud technologies specifically (SaaS, PaaS, IaaS, Public & Private Cloud)

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).

Expected base pay rates for the role will be between $70,000 USD and $100,000 USD 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.

Posting Date

Jun 5, 2023

Primary Location

Americas-United States of America-New York-New York

Education Level

Bachelor's Degree

Job

Wealth Management

Employment Type

Full Time

Job Level

Associate