U.s. Banks Operational Risk Vice President

DescriptionMorgan 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. SummaryResponsible for supervising and executing the internal controls testing program within the first line Operational Risk Management team covering Morgan Stanley Private Bank, NA and Morgan Stanley Bank, NA. This position will assist in oversight of the team responsible for the evaluation of the adequacy and effectiveness of Bank related internal controls, to include remediation of control deficiencies cited by internal or external examinations. Responsibilities• Perform annual validation scoping exercise and present final scope and test plan to senior management • Supervise and review the preparation of workpapers, schedules, and summaries documenting testing of key controls identified by Bank management• Vet issues and observations with management and ensure appropriate documentation and escalation• Verify remediation of self-identified control deficiencies, internal audit findings, Matters Requiring Attention (MRAs), etc. in line with Bank and Program guidance • Proactively manage the control testing program to the project plan and communicate roadblocks or delays as appropriate• Track and report key project milestones and metrics to senior management, Board and regulators as needed • Identify and implement enhancements to the Bank Validation Program as function matures• Support ad-hoc Bank management initiatives in collaboration with second and third lines of defense QualificationsRequirements• Bachelor's degree in Accounting, Finance, Economics, or related field is required• 8+ years relevant experience in relevant experience in public accounting, internal audit or similar risk / testing function, minimum of five years in financial services• Strong oral and written communication skills• Strong analytical and problem-solving skills and is a quick learner• Ability to build and maintain professional relationships with key stakeholders/process owners• Working knowledge of key US banking regulations • Working knowledge of data, application, IT general and end user computing controlsPreferred Qualifications• CPA, CIA or CISA designation strongly preferredExpected base pay rates for the role will be between $120,000 and $180,000 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.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: Other