U.S. Banks Conduct Risk Analyst

Morgan Stanley (“MS”) is a global financial services firm that conducts its business through three principal business segments—Institutional Securities, Global Wealth Management via Wealth Management (WM), and Asset Management. WM’s network includes approximately 15,000 Financial Advisors with total client assets of over $1.5 trillion. WM provides comprehensive financial advice and services to its clients including brokerage, investment advisory, financial and wealth planning, credit and lending, deposits and cash management, annuities, retirement, and trust services.

Morgan Stanley Private Bank, National Association (“Bank” or “MSPBNA”) provides deposit and lending products and services to serve the needs of Wealth Management clients and seeks a Conduct Risk Analyst as part of the Bank’s First Line Operational Risk Organization.  The Conduct Risk Analyst will perform day-to-day oversight of Bank employees to identify and monitor for potential conduct risk activity. The Conduct Risk Analyst will report to the Bank’s Conduct Risk Officer and will be based in the Purchase (NY) location.

Key Responsibilities

• Conduct daily and periodic monitoring activities and maintain accurate metrics and reporting

• Escalation of potential internal policy violations and conduct related concerns for secondary review and handling

• Monitor and prepare periodic reporting on Conduct Risk related activities for the Bank’s First Line Operational Risk Organization

• Assist with ad-hoc requests from the Bank’s Conduct Risk Office to support various Bank Conduct Risk initiatives, proactively identifying risks and ensuring appropriate supervision

Requirements

• Strong organization skills with the ability to execute in a fast-paced, high-demand environment while balancing multiple priorities

• Ability to work both independently and with team members under tight deadlines

• Strong analytical and problem-solving skills (critical thinking ability)

• Excellent written and verbal communications skills, attention to detail and strong time management skills

• Proficiency in MS Office applications (e.g., Word, Excel, PowerPoint, SharePoint)

Qualifications:

• Bachelor’s Degree or higher

• 1-3 years of experience in operational risk management, banking and lending product risk advisory, or internal audit is preferrable

• Understanding of the Financial Services industry (e.g. Private Banking, Retail Banking or Wealth Management) is preferrable

• Knowledge of lending and deposit product risks including risks related to residential mortgages, securities-based lending, and deposits a plus

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years.  Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser.

Expected base pay rates for the role will be between $58,000 and $115,000 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 is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background.  Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.