MS Wealth Management (MSWM) Operational Risk – Associate

Morgan Stanley
August 4, 2019
Baltimore, MD
Job Type


The Morgan Stanley Wealth Management (MSWM) Business Infrastructure Risk team is responsible for approximately 28,000 Wealth Management professionals by ensuring that a robust business and technology control infrastructure is in place. The Business Infrastructure team assists with policy and procedures, information security, systems oversight, vendor management, business continuity planning, and firm wide risk procedures and initiatives.

Key Responsibilities will include but not limited to the following:

  • Maintain and continuously develop the Firm’s Entitlement Management program including Access/Entitlement Management application clean-up and entitlement mapping initiatives.
  • Coordinate and communicate with Technology, Information Risk, and various Wealth Management business groups to ensure that the appropriate information security controls are in place.
  • Conduct reviews of IT systems and related security processes/supporting infrastructure, identify potential control gaps and appropriate solutions.
  • Participate in various internal reviews and readiness examinations to ensure the business is adequately prepared for all audit, compliance and regulatory reviews.
  • Perform analysis by leveraging various data analytics tools/applications, the results of which will then be presented for senior management and utilized firm wide reporting.
  • Report risk management issues and internal control deficiencies to ensure that issues and appropriate corrective action plans are in place.
  • Ensure that operational risk incidents are properly tracked, resolved, and recorded via the central incident management system.
  • On a daily basis, seek to prevent data leakage as well as identify instances of unauthorized disclosures of confidential information all of which could result in reputational, regulatory & financial damage to the firm. 


  • Knowledge of the financial services industry; preferably in the Wealth and Investment Management areas, finance, operations, and technology.
  • Approximately 2-4 years of professional experience.
  • Prior internal audit experience with a strong understanding of the IT process, risk, and control frameworks (e.g., COBIT 5, ITIL). Prior experience of testing application and information technology controls.
  • Strong project management skills with the ability to work independently under adequate management supervision. The candidate needs to be self-motivated with strong analytical and problem-solving skills.
  • Excellent oral and written communication skills, as the role involves a high amount of interaction with senior management across multiple divisions, including Business, Technology, and Firm Control organizations (e.g. Compliance & Legal)
  • Strong working knowledge of MS Office (Microsoft Word, Excel, PowerPoint).
  • Series 7 & 66 licensing preferred but not required.
  • CPA/CISA preferred but not required.

Company Description

Morgan Stanley mobilizes capital to help governments, corporations, institutions and individuals around the world achieve their financial goals. For over 75 years, the firm’s reputation for using innovative thinking to solve complex problems has been well earned and rarely matched. A consistent industry leader throughout decades of dramatic change in modern finance, Morgan Stanley will continue to break new ground in advising, serving and providing new opportunities for its clients.

Morgan Stanley is committed to maintaining the first-class service and high standard of excellence that have always defined the firm. At its foundation are four core values — putting clients first, doing the right thing, leading with exceptional ideas and giving back — that guide its more than 55,000 employees in 1,200 offices across 43 countries.

Related Jobs