Complex Products Risk Officer (CPRO) - Listed Derivatives & FX Forwards, Assistant Vice President

The Complex Products Risk (CPR) team provides centralized oversight of Equity/Index Options, Futures, and FX Forwards activity—helping ensure best‑in‑class supervision aligned to internal risk standards, controls, and policies. What you’ll do Partner directly with Financial Advisors and Market leadership, supporting HNW / UHNW clients to address complex product risks, position concerns, and remediation actions in a timely, client‑sensitive manner. Translate complex product activity and exceptions into actionable guidance and escalation recommendations. Communicate clearly and effectively with a wide range of stakeholder groups—including Financial Advisors, Branch/Complex Management, Local Risk Officers, Compliance, Legal, Operations, and senior Risk leadership—tailoring message, details, and urgency to the audience. Ensure adherence to Firm policies, supervisory standards, and internal controls, in alignment with applicable CFTC, NFA, FINRA, SEC, and exchange regulations. Partner with stakeholders across Wealth Management (Risk, Compliance, Legal, Supervision, Operations, Branch/Complex leadership) to resolve items requiring escalation. Provide Branch/Market management with clear, regular updates on emerging risks, patterns, and key themes. Build awareness and adoption of CPR’s supervisory expectations, processes, and controls through proactive stakeholder engagement. Product Coverage Responsibilities Equity/Index Options Supervision Conduct risk reviews of options strategies; drive communication and remediation for at‑risk accounts. Evaluate strategy‑related risk concerns. Monitor for exercise and assignment risk. Provide oversight of FLEX options positions. Conduct communications reviews and options trading activity reviews for relevant supervisory partners. Futures Supervision Perform front‑to‑back futures supervisory oversight across onboarding and ongoing monitoring (account opening/principal approvals, active account reviews, bridge account eligibility, periodic NFA Bylaw 1101 review). Execute trade and position surveillance and controls (trade blotter reviews, position limits management, start‑of‑day/end‑of‑day positions‑at‑risk monitoring, supervision of EFP/EFS/EOO and block trading). Manage risk limit governance and exceptions (pre‑trade risk limit administration, trading limit approvals/escalations, hedge spot month exemption reviews, trading exceptions). Oversee documentation, communications, and reporting (voice recording/VRCS requests and playback reviews, third‑party research reviews, expirations/transfers oversight, updates to Branch/Complex management). FX Forwards Supervision Provide onboarding and ongoing supervisory oversight, including new account reviews/principal approvals and periodic program reviews. Execute trading surveillance and manage limits and exception management. Support trading limit approvals/escalations; manage sales credit adjustments and ECP/sales credit exceptions. What success looks like You surface meaningful risk themes early, connect the dots across products/processes, and drive issues through to closure. You deliver high‑quality, defensible documentation and elevate with strong judgment and clarity. You become a trusted partner to supervisory and business leadership—bringing commercial perspectives and solutions. You improve the program over time by spotting patterns and strengthening controls and processes. What we’re looking for Experience in risk management, supervision, compliance, operations, or a related control function in a regulated financial services environment. Working knowledge of relevant regulatory expectations (CFTC/NFA, FINRA/SEC, exchange rules). Highly analytical, curious and detail‑oriented investigator with strong problem‑solving skills. Demonstrated ability to identify issues and emerging trends, develop practical end‑to‑end solutions, manage complex workstreams independently, and prioritize effectively to deliver high‑quality results within tight deadlines. Exceptional written and verbal communication skills, with the ability to tailor messaging to the audience, drive alignment, and elevate matters with sound judgment and urgency when appropriate. Why this role Impact: Help build and evolve a centrally managed supervisory program for complex products within Wealth Management. Visibility: Partner closely with Branch/Complex leadership and cross‑functional teams. Growth: Build deep expertise across products, regulations, and front‑to‑back processes. Ownership: Run investigations end‑to‑end and meaningfully influence outcomes. Qualifications / Licensing Active Series 7 and Series 9/10 preferred. Strong consideration for candidates also registered as Series 3, Series 4, and/or Series 24. Pay and Benefits NY – Expected base pay rates for the role will be between $85,000 and $140,000 per year at the commencement of employment. Compensation may also include commission earnings, incentive compensation, discretionary bonuses, and other Morgan Stanley sponsored benefit programs. IL – Salary range for the position: $85,000 – $140,000 per year. Successful candidate may be eligible for an annual discretionary incentive compensation award and participation in the relevant business unit’s incentive compensation plan. Benefits include medical, prescription drug, dental, vision, health savings account, dependent day‑care savings account, life insurance, disability and other insurance plans, paid time off (including sick leave, parental leave and 20 vacation days annually), 10 paid holidays, 401(k), short/long‑term disability, and other special perks. Equal Opportunity Employer 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. For more information, visit #J-18808-Ljbffr Morgan Stanley