Risk / Policy Mgmt (Technology Management) : Job Level - Vice President

Full time

Vice President

Mar 26, 2025

VP - Risk Capital, Capital Framework 2nd Line of Defense
Company Profile
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.
Department Profile
The cornerstone of Morgan Stanley's risk management philosophy is the execution of risk-adjusted returns through prudent risk-taking that protects Morgan Stanley's capital base and franchise.

Morgan Stanley's Risk Management Department provides independent oversight of the Firm's business activities, material market and idiosyncratic stresses; identifying, measuring, monitoring, advising, challenging and controlling risks generated by the Firm's market-making and banking activities.
Background on the Position
Morgan Stanley is seeking a Vice President for the Capital Framework 2nd Line of Defense (CF2L) within Firm Risk Management (FRM), based in New York. CF2L is an independent review function in the Risk Capital team. CF2L assesses the overall effectiveness of the Firm's capital policy and framework, including key considerations, capital planning and governance. The function is complementary to other second line of defense functions that cover model and process validation. A successful candidate for this role will assess key areas of capital planning, including the Capital Policy, Recovery and Resolution Planning, and Stress Testing. The role involves working with a variety of stakeholders and control groups across the organization. The candidate will report to an Executive Director in FRM.
Primary Responsibilities
> Lead assessments of Firm and entity capital frameworks and provide recommendations with respect to capital elements for key areas of capital planning, including:
o Internal capital targets and triggers, and capital distribution framework
o Capital monitoring framework and effectiveness
o Key capital elements of Stressed Capital Planning, with a focus on Balance Sheet, PPNR and AOCI processes
o Capital elements of Recovery and Resolution Planning, with a focus on stress scenario, recovery actions, capital planning and governance
> Document CF2L reviews, including summary memoranda and detailed supporting materials
> Develop content and present on CF2L outcomes to stakeholders, management, a range of committees and regulators
> Participate in interpretations of regulatory requirements for capital elements
> Support CF2L management in developing the Team's operational procedures, annual review plans and monitoring its implementation Experience and Skills required
> Understanding of Finance and Capital fundamentals, including capital ratios, capital actions and reporting
> Detailed understanding of evolving regulatory capital requirements and guidance, preferably at a similarly complex institution
> Quantitative/analytical background (e.g. finance, accounting, economics, etc.)
> Experience working on cross-functional projects
> Strong interpersonal and communication skills, written and verbal
> Attention to detail and ability to prioritize projects and workload
> Self-motivator and team player who brings a can-do approach
> Experience with the current and evolving regulatory requirements in a similarly complex institution in Finance area, process and governance expectations
> Familiarity with assessing capital adequacy
> Prior experience with Recovery or Resolution planning

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.

We're committed to bringing passion and customer focus to the business.

Expected base pay rates for the role will be between $120,000 and $200,000 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's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).