Morgan Stanley Logo

Morgan Stanley

Operational Risk – Fraud & Incident Management, U.S. Banks, Associate, Wealth Management

Reposted 3 Hours Ago
Be an Early Applicant
In-Office
Mumbai, Maharashtra, IND
Mid level
In-Office
Mumbai, Maharashtra, IND
Mid level
Support first-line incident and fraud risk management for U.S. Banks by performing incident analysis, maintaining compliance with operational risk policies, producing metrics and reports for senior management and regulators, and collaborating across stakeholders to ensure consistent oversight and quality assurance.
The summary above was generated by AI

About Us:

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

The U.S. Banks Incident & Fraud Risk Management Team is seeking an Associate (AS) who will report to the U.S. Banks Incidents and Fraud Risk Management Officer and will be responsible for supporting first line of defense risk management activities related to incident management. This role will directly support and interact with the Banks' business lines and will engage with shared service organizations that provide services to the Banks.

Key Responsibilities:

  • Perform incident analysis to identify and confirm incidents applicable to the Banks and support First Line Bank Business Risk team to perform quality assurance review.
  • Support Bank Risk governance forums and working groups through providing metrics and insight on key operational risk areas.
  • Support First Line Bank Business Risk team to maintain and report compliance with the Firm's Operational Risk Incident Policy.
  • Generate timely and accurate reporting for senior management, committee, and regulatory consumption.
  • Collaborate with stakeholders and across all three lines of defense to confirm comprehensive and consistent practices are followed to allow for a successful oversight program that proactively manages and assesses operational risk.

Qualifications/Skills required:

  • Bachelor's degree in business management, finance, or other related field.
  • Minimum 4-5 years of professional experience preferably in Fraud & Incidents, Operational Risk, and/or financial services.
  • Demonstrate an understanding of various risk management frameworks and requirements.
  • Ability to work in a fast-paced, high-demand environment, both independently and as part of a team, under tight deadlines and with the ability to manage multiple priorities concurrently, efficiently, and effectively.
  • Attention to detail, strong analytical, quantitative, and investigative problem-solving abilities; with the ability to make actionable recommendations.
  • Strong interpersonal, verbal, and written communication skills, making presentations to an internal audience, and interacting positively with management and colleagues.
  • Proficiency with data analytic platforms, specifically Tableau.
  • Strong proficiency with Microsoft Office products, specifically Excel and PowerPoint.

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.

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.

Morgan Stanley Mumbai, Maharashtra, IND Office

WeWork, Level 22 & 23, Oberoi Garden City Off W.E. Highway, Goregaon (E), Mumbai, India, 400 063

Similar Jobs

Mid level
Financial Services
Manage end-to-end broking operations for equity and currency derivatives (F&O), including trade contracting, confirmations, clearing, settlement, reconciliations, reporting, and exception management. Monitor margins and positions, coordinate with clients, exchanges, custodians and banks, investigate breaks, prepare operational and regulatory reports, respond to queries, and drive root-cause fixes and process improvements to enhance straight-through processing.
Top Skills: AlteryxBseExcelMicrosoft WordNseTableauUipath
An Hour Ago
Remote or Hybrid
India
Entry level
Entry level
Fintech • Professional Services • Consulting • Energy • Financial Services • Cybersecurity • Generative AI
As an ML Engineer, you will design, experiment, and deploy AI/ML models, evaluate their performance, and leverage Python and SQL.
Top Skills: PythonPyTorchScikit-LearnSQL
2 Hours Ago
Easy Apply
Hybrid
Easy Apply
Mid level
Mid level
Artificial Intelligence • Cloud • Information Technology • Machine Learning • Software
Own full-cycle recruiting for assigned roles: source passive candidates, screen, interview coordination, coach hiring managers, negotiate offers, ensure compliance, and deliver a positive candidate experience while meeting performance metrics.

What you need to know about the Mumbai Tech Scene

From haggling for the best price at Chor Bazaar to the bustle of Crawford Market, the energy of Mumbai's traditional markets is a key part of the city's charm. And while these markets will always have their place, the city also boasts a thriving e-commerce scene, ranking among the largest in the region. Driven by online sales in everything from snacks to licensed sports merchandise to children's apparel, the local industry is worth billions, with companies actively recruiting to meet the demands of continued growth.

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account