Market Risk Strategic Change Manager - Vice President

DescriptionMorgan StanleyMorgan 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. The talent and passion of our people is critical to our continued success as a firm. Together, we share four core values rooted in integrity, excellence and strong team ethic: 1. Putting Clients First2. Doing the Right Thing3. Leading with Exceptional Ideas4. Giving BackMorgan Stanley is committed to helping its employees build meaningful careers and we strive to be a place for people to learn, achieve and grow. Firm Risk ManagementFirm Risk Management (FRM) enables Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, operational, model and other risks. Our mission is to serve as the follow roles: · Independent agent to set consistent principles and disciplines for risk management · Strategic advisor to Firm management for setting risk appetite and allocating capital · Industry leader to influence and meet regulatory standards You will collaborate with colleagues across FRM and the Firm to protect the Firm's capital base and franchise, advise businesses and clients on risk mitigating strategies, develop tools and methodologies to analyze and monitor risk, contribute to key regulatory initiatives and report on risk exposures and metrics to enable informed and strategic decision-making. Through thoughtful analysis and clear communication we are best able to bring our ideas to the table and improve the Firm. Firm Risk Management values diversity and is committed to providing a supportive and inclusive workplace for all employees.Firm Risk Management's unique franchise promotes: · Flat, flexible and integrated global organization· Collaboration and teamwork· Credible, independent decision-making· Organizational influence· Creative and practical solutions· Meritocratic and diverse culture Department ProfileThe cornerstone of Morgan Stanley's risk management philosophy is the execution of risk-adjusted returns through prudent risk-taking that protects Morgan Stanley's capital base, liquidity and franchise. The Risk Management Division is responsible for the independent identification, analysis, reporting and escalation of all market, credit and operational risk exposures arising from Morgan Stanley business activities, acting independently of business management and providing an effective challenge process. Within the Market Risk Department ("MRD"), the Strategic Change team delivers change management initiatives across large stand-alone projects, strategic infrastructure programs, tool development as well as facilitating small change BAU enhancements. Primary ResponsibilitiesThis individual will be responsible to deliver value creation through Strategic Change. The role encompasses projects including internal model enhancements, FRTB development, Data and Risk Framework enhancements and improvements to end user tooling. Change programs involving technology deliverables will be executed in an Agile manner, so the ideal candidate will have familiarity with delivering Strategic Change using this approach. The ideal candidate will be responsible for:- Engaging Senior Stakeholders continuously and escalating and resolving issues as they arise- Gathering requirements and managing the project on-boarding process- Identifying synergies between programs to minimize delivery time and maximize adoption- Developing detailed project plans and track delivery against the plans- Managing internal and external dependencies across initiatives, including working closely with Risk Managers, Product Owners, Front Office Strats and a variety of IT teams to manage interdependencies - Briefing senior management on program/project status, including blockers and key decisions requiredQualificationsSkills Required- Self-motivated risk management professional with an interest in delivering Strategic Change solutions to enable effective risk management- Strong experience in project management, ideally within a Market Risk change program- Good understanding of key Market Risk concepts (eg. traded products, VaR, stress testing, risk/limit management).- Significant experience in scoping, developing and prioritizing plans for both tactical and strategic initiatives- A solid understanding of mechanisms to track and communicate performance and value realization on investment - Ability to identify, monitor and manage project risks, issues and dependencies, and agree appropriate solutions with sponsors and key stakeholders- Excellent verbal and written communication skills- Strong influencing skills to achieve alignment up and down the organization- Experience with and training on project management disciplines such PRINCE2 Practitioner or PMP Certification is a plus- Bachelors or Master's Degree in a Finance related discipline Expected base pay rates for the role will be between $110,000 and $190,000 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.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).Job Field: Market Risk