Market Risk and Business Service Officer

POSITION SUMMARYThe Market Risk and Business Service Officer is a Market leader responsible for integrating risk leadership, supervisory execution, and service excellence across the Market. Located onsite within the market, reporting to the Associate Regional Risk and Business Service Officer, the role sets clear expectations for how work is performed in the Market, ensures consistent application of controls and supervisory practices, drives a client-first culture of guardianship and is the single point of contact for escalated Risk and Service matters.This role is a critical “operating executive” for the Market—responsible not only for managing risk and service performance, but also for modernizing how the Market operates. The role actively simplifies workflows, standardizes routines, reduces rework, and improves speed and quality of execution. A key expectation is to identify and implement productivity improvements through technology, including automation and AI-enabled tools (where appropriate and approved), while maintaining strong governance, documentation, and adherence to firm policies and supervisory requirements—aligned to the broader regional modernization and efficiency agenda.Success is measured by strong client outcomes, consistent supervisory execution, reduced incidents and repeat findings, improved audit readiness, and measurable improvements in efficiency, turnaround time, and employee experience.DUTIES AND RESPONSIBILITIESLeadership and Team ManagementLead the Market’s integrated risk and service organization; set priorities and deliver consistent outcomes across the Market.Directly lead and develop a team of Risk Officers, Business Service Officers, and Service Managers, reinforcing accountability, coaching, and performance expectations.Establish and maintain a strong culture of client-first service and guardianship; reinforce consistent behaviors and standards.Ensure appropriate supervisory coverage and support effective supervisory planning within the Market; escalate needs and risks appropriately.Modernization and Efficiency (Market Operating Model)Simplify and standardize Market operating routines to reduce friction for field teams and clients (clear roles, consistent workflows, fewer handoffs).Identify and execute opportunities to improve efficiency and quality (e.g., elimination of duplicative steps, improved queue management, automation of repeatable tasks).Support responsible use of AI-enabled capabilities (where appropriate) to improve triage, documentation quality, exception management, and insight generation—ensuring controls, approvals, and governance are followed.Risk, Controls, and Supervisory ExecutionOversee execution of supervisory and risk routines (conduct, sales practice, operational and supervisory risk); ensure timely escalation and resolution of issues.Drive strong control discipline and documentation standards; reinforce “audit-ready” practices in day-to-day execution.Partner with the Market Executive to manage and solution escalated risk issues, is a key partner to the Special Investigations Unit (SIU) and HR. Present the status of risk matters to senior Risk Governance committees and senior risk stakeholders.Manage and track against defined budgets (e.g., compensation, T&E) Lead Market readiness for audits/exams/branch reviews; partner with regional and central teams on issue management, remediation, and sustainment.Communication and PartnershipServe as a key partner to Market leadership to align priorities, resolve issues, and continuously improve the client and employee experience.Cascade regional/national policy changes, priorities, and best practices; ensure adoption and consistent execution.Build strong relationships with HR and key partners to support talent development, headcount needs, and performance management.Operational OversightMaintain a disciplined management cadence (metrics, issue logs, operational reviews) to drive performance and continuous improvement.Support approvals and escalations as required; apply sound judgment and ensure appropriate risk and control considerations.EDUCATION, EXPERIENCE, KNOWLEDGE, AND SKILLSEducation/ExperienceBachelor’s degree or equivalent education/experience required; advanced degree preferred.Significant leadership experience in risk, supervision, service, and/or business controls within a complex field organization.Licenses/RegistrationsActive registrations consistent with senior leadership expectations (e.g., Series 7 and applicable supervisory/principal registrations; Series 63/65/66 as applicable; other licenses as required).Knowledge/SkillsProven ability to lead managers and execute through multiple layers.Strong knowledge of supervisory practices, risk and controls, and regulatory expectations; strong judgment and escalation discipline.Strong change management capability, with demonstrated ability to modernize operating models and improve efficiency using technology (including AI/automation where appropriate).Excellent communication and stakeholder management skills; comfort influencing senior partners and leading large, geographically dispersed organizations.Ability to travel within the Region and to corporate offices as needed.REPORTING RELATIONSHIPSReports to: Associate Regional Risk and Business Service OfficerDirect reports: Market Business Service Officers, Business Service Officers, Senior Risk Officers, Risk Officers, Service ManagersWHAT 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 into your browser.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: .Employment Type:Full timeJob Level:Vice PresidentPosted Date:Sep 04, 2026ATS Job Description Test:Department:Complex Business Service