EMEA Third Party Programme Management

Education Level: Bachelor's Degree

Job Level: Director

Description

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.

Team Overview

The Third Party Program Management (TPPM) group is a dedicated First line of Defense (LoD) function within Reengineering & Expense Management (REM) and the Finance division, established to more effectively manage risks associated with Morgan Stanley’s use of internal and external Third Parties to provide goods and services. TPPM is part of REM alongside Accounts Payable and Firmwide Sourcing.

TPPM’s key objectives are:

• Enable a firm-wide Third Party Risk Management (TPRM) program based in 1st LoD
• Implement a firm-wide TPRM strategy, processes and tools
• Execute due diligence and ongoing monitoring
• Implement clear, consistent information and reporting to identify; measure, monitor and manage firm-wide risks
• Maintain compliance with regulatory requirements

Primary Responsibilities

The role will be responsible for supporting the TPPM EMEA Regional Lead to facilitate implementation and enforce consistent compliance with the Firm’s TPRM Framework in the region. In this role the successful candidate will support Morgan Stanley’s Business Units and support functions to manage Third Party risks and maintain all Third Party arrangements in compliance with the Firm’s internal policies, external rules and relevant regulations on all aspects of the Third Party and outsourcing risk management.

Specific responsibilities include:

• Acts as a point of contact on all aspects of Third Party and outsourcing risk management in the region
• Develops and implements enhancements to the Firm’s TPRM Framework, working alongside other groups such as Compliance, Operational Risk and Legal, and partners with the Business Units and support functions to embed changes
• Supports Morgan Stanley’s Business Units and support functions in managing Third Party risks in accordance with the Firm’s TPRM Framework, coordinating with other functional and regional TPPM teams as required
• Supports the Regional Lead with communication efforts and building strong stakeholder engagement model to promote the TPPM in the region and support the firmwide change management
• Creates monthly/quarterly reporting packs for Third Party Governance Committees
• Identifies and escalates risk issues or material change and ensure these are reported to the Regional Lead and other TPPM stakeholders as required
• Develops a good understanding of the Firm’s operations, outsourcing environment, industry knowledge and regulatory changes in EMEA
• Prepares status updates and collates management information required for the Regional Lead to monitor the effectiveness of TPPM initiatives in the region
• Supports training delivery with respect to BU roles and responsibilities and TPPM processes (i.e., appropriate supporting groups, inventory/tracking, strategy, etc.) in EMEA
• Builds solid working relationships with Business Unit stakeholders to promote awareness of the TPPM and the Firm’s TPRM Framework in EMEA

Qualifications

Skills Required

The ideal candidate will have the following skills & qualifications:

• Experience in building relationships with, influencing and affecting change across multiple business areas
• Experience in Third Party / outsourcing risk management or related experience, for example with risk management, governance or regulatory compliance frameworks, gained at an investment banking institution / financial services organisation or a background in management consulting
• A track record of rapidly acclimating to a fast-paced and dynamic environment
• Basic understanding of outsourcing and Third Party risk regulatory landscape in EMEA is preferred but not essential
• Strong organization skills with the ability to multitask and prioritize; ability to work to tight deadlines
• Strong project management skills, including ability to coordinate with cross-functional teams with varied backgrounds and skills
• Excellent communication and presentation skills and proven ability to effectively interact with team members, clients, and peers, earning their trust and establishing credibility
• High energy level, intelligence, maturity and unquestionable integrity with a team orientation
• Ability to work in a global team environment, building and maintaining a network of contacts and coordinating with a large number of stakeholders
• Proficient in Microsoft Word, Excel and PowerPoint
• Bachelor’s degree or equivalent combination of training and experience

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talents.

For further information, and to apply, please visit our website via the “Apply” button below.