Non-Financial Risk & Controls Specialist

Morgan Stanley is a leading global financial services firm providing investment banking, securities, wealth management and investment management services worldwide.

We are looking for a Non-Financial Risk & Controls Specialist to join our Budapest team and contribute to a global program focused on identifying, assessing and strengthening the way non-financial risks are managed across the Firm.

This is an opportunity for someone with experience in risk management, internal controls, audit, compliance or risk consulting who enjoys combining analytical work with stakeholder engagement and wants to gain exposure to a broad range of risks within a global financial institution.

What will you be doing?

You will work with teams across Morgan Stanley to understand how different areas of the business identify and manage their non-financial risks and controls.

Your responsibilities will include:

• Partnering with business, risk and control teams to identify and assess non-financial risks and associated controls
• Supporting the execution of risk and control assessments across different areas of the Firm
• Reviewing risk assessments and challenging whether risks and controls have been appropriately identified and evaluated
• Analyzing risk and control data to identify trends, gaps, emerging issues and areas requiring further attention
• Working with stakeholders to investigate issues, understand root causes and support effective remediation
• Providing practical guidance to teams on risk assessment methodologies, standards and expectations
• Monitoring progress across risk programs and escalating potential delivery or control issues when appropriate
• Preparing clear analysis, reports and presentations for senior stakeholders and governance forums
• Collaborating with colleagues across Operational Risk, Compliance, Financial Crime Risk, Technology and other control functions
• Contributing ideas to improve risk processes, reporting, data analysis and the overall control environment

What we're looking for:

• We are interested in candidates who have approximately 3-4 years of relevant professional experience in financial services, consulting or another regulated environment.
• Hands on experience working with enterprise risk programs, particularly risk, process, and control assessment and validation programs.
• Understanding of the financial services regulatory environment, with a focus on Operational, Compliance, and/or Financial Crimes Risk.
• Excellent communication skills, both verbal and written; ability to tailor communication to technical and non-technical audiences.
• Capacity to prioritize in a fast moving, constantly changing environment, to handle multiple tasks simultaneously, and work under fast-paced working environment.
• Advanced Excel knowledge and Data analysis skills; experience working with large data sets, including deconstructing data sets and/or their associated queries.
• Highly motivated self-starter able to work independently while collaborating and coordinating as part of a global program.
• An undergraduate degree (B.A., B.S., or equivalent) required

What will help you succeed?

• Experience with risk assessments, controls testing, control validation, audit or similar risk and control activities
• Strong analytical and problem-solving skills
• Confidence working with data and identifying patterns or inconsistencies
• Good Excel skills and experience working with larger datasets
• The ability to communicate clearly with stakeholders from different professional backgrounds and levels of seniority
• Confidence asking questions and constructively challenging existing processes or assessments
• Strong organizational skills and the ability to manage multiple priorities
• A collaborative mindset and the ability to work effectively in an international environment
• University degree or equivalent qualification

What can you expect from the role?

You will gain exposure to a broad range of non-financial risks across a global financial institution, rather than focusing on one narrow risk area.

The role provides an opportunity to develop expertise across risk management, controls, data analysis and governance, while working with stakeholders across different businesses and control functions

#LI-KP1 

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.

Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

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.