Vice President, Third Party Risk Management

We're seeking someone to join our team at the Vice President level, supporting Third Party Due Diligence within the Global Third-Party Program Management team. This position plays an integral role in leading complex project delivery, guiding assessment teams, driving change management, and advancing continuous improvement initiatives that strengthen the Firm's ability to assess operational disruption, oversee resilience standards, and mitigate risk across external vendors.

In the Corporate Services division, we empower our businesses by creating collaborative workplace solutions and commercial services that enhance the employee and client experience, while optimizing the value of our sourcing and third-party lifecycle to enable the Firm to do-and-win business.

Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

What you'll do in the role:
- Manage end-to-end project plans, milestones, dependencies, risks, and deliverables for program initiatives, ensuring timely execution and transparent reporting
- Lead change management efforts, including process redesign, stakeholder adoption, implementation planning, and communications to support enhancements to the due diligence assessment process
- Lead, coach, and enable assessment team members to achieve personal and program-level objectives while fostering accountability, collaboration, and a high-performance operating model
- Be a culture carrier for the Assessment function's objectives and purpose. Play a key role in building and harboring strong relationships with strategic stakeholders across the Firm supporting transparency of our role and helping to inform expectations
- Identify, prioritize, and deliver continuous improvement initiatives that increase quality, consistency, efficiency, and scalability across the due diligence assessment program
- Serve as a subject matter expert by interpreting risk and control issues and providing guidance on related observations
- Present findings to management and governance bodies, including preparing clear and concise responses to compliance and regulatory requests
- Prepare executive and regulator level presentations and supporting materials at both a Strategic and Technical level of detail to address specific requests about the program
- Review and update key process documentation such as Policies, Procedures, Desktop Guidance and instructional and guidance materials.

What you'll bring to the role:
- Proven experience leading high-performing Third-Party Risk Assessment teams, including coaching, prioritization, workload management, and quality oversight
- Bachelor's degree in: Business Administration, Risk Management, or a similar field
- A minimum of 10+ years of experience leading team operations, assessments and / or major projects preferably for a Risk function and / or at a Financial Firm
- Professional qualifications from industry standard institutions such as ISACA is a plus
- Demonstrated project management expertise, including governance, planning, execution, risk and issue management, dependency tracking, and senior stakeholder reporting
- Financial industry experience especially focused on Business Continuity / Disaster Recovery Controls and risk methodologies
- Strong drive for Change Management execution with the ability to influence stakeholders, embed new ways of working, and foster a culture of accountability, quality, and continuous improvement
- Ability to build and sustain relationships with individuals at all levels of the organization and manage global stakeholders.
- Dynamic individual with the ability to switch context quickly and work on multiple streams of work simultaneously with high attention to detail.
- Experience preparing clear, concise responses and briefing materials for regulatory affairs, compliance inquiries, governance forums, and senior management audiences.

 

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.

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Expected base pay rates for the role will be between $130,000 and $182,500 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.

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