Vendor Management Program Associate
Posted on: 5 Jun 2023
New York, New York
Job Description
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:
• 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
• Support issues remediation and program enhancements
• 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
• Provide assistance to ad-hoc projects including those related to inventory management, business and product mapping, metrics and reporting and third-party privacy matters
• 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
• 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
QUALIFICATIONS
• Bachelor’s degree in Finance, Business or other related field
• 3-5 years of relevant experience in risk management, documentation and governance in the financial services industry is a plus
• Familiar with IT in general and Cloud technologies specifically (SaaS, PaaS, IaaS, Public & Private Cloud)
• Advanced Microsoft Excel, data analysis and project management skills
• Demonstrate a basic understanding of various compliance and regulatory areas (e.g. FFIEC)
• Strong sense of ownership, accountability, and entrepreneurial spirit
• Strong project management, organization, communication, and analytical skills
• Ability to manage ambiguity and bring focus with recommendations on solving tactical and strategic challenges
• Ability to work in a fast paced environment, both independently and as part of a team, and under strict deadlines
• Strong at identifying key control points within a process, and then provide assessment of the preventative and detective controls
• Strong interpersonal skills - freely develops networks, builds consensus, prioritizes effectively, and develops alliances across organizations
• Strong written and oral communication skills will be important for this role
Morgan Stanley
New York, New York
Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Europe, the Middle East, Africa, and Asia. The company operates through Institutional Securities, Wealth Management, and Investment Management segments. The Institutional Securities segment offers capital raising and financial advisory services, including services related to the underwriting of debt, equity, and other securities, as well as advice on mergers and acquisitions, restructurings, real estate, and project finance.
This segment also provides sales and trading services, such as sales, financing, prime brokerage, and market-making services in equity and fixed income products consisting of foreign exchange and commodities; corporate loans, commercial mortgage lending, and asset-backed lending; financing for sales and trading customers; and investment and research services. The Wealth Management segment offers various financial services and solutions covering brokerage and investment advisory services, financial and wealth planning services, annuity and insurance products, securities-based lending, residential real estate loans and other lending products, and banking and retirement plan services to individual investors and small to medium-sized businesses and institutions.
The Investment Management segment provides various investment strategies and products comprising equity, fixed income, liquidity, and alternative/other products to defined benefit/defined contribution plans, foundations, endowments, government entities, sovereign wealth funds, insurance companies, and third-party fund sponsors and corporations through a network of institutional and intermediary channels. Morgan Stanley was founded in 1924 and is headquartered in New York, New York.
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IndustryBanking/Financial Services
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No. of Employees60,469
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Website
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Jobs Posted52
