Director, Third Party Risk Management

About the role

We're seeking someone to join our team as a Director level, supporting Third Party Due Diligence within the Global Third-Party Program Management team. This position plays an integral role in strengthening the Firm's ability to assess potential operational disruption and oversee overseeing resilience standards and risk mitigation across external vendors.

In the Corporate Services division, we empower our businesses by creating collaborative workplace solutions and commercial services that enhance the employee and client experience, while optimizing the value of our sourcing and third-party lifecycle to enable the Firm to do-and-win business.

Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

What you'll do in the role

• Collaborate with Technology, Business Units, and Suppliers to evaluate suppliers' implementation of controls and policies as detailed in questionnaire responses and provided evidence provided
• Drive and support change management and further enhancement and streamlining of the assessment process
• Lead continuous improvement initiatives to the due diligence assessment program
• Serve as a subject matter expert by interpreting risk and control issues and providing guidance on related observations
• Present findings to management and governance bodies, including preparing clear and concise responses to compliance and regulatory requests
• Escalate and manage proactive stakeholder engagement
• Review and update key process documentation such as Policies, Procedures, Desktop Guidance and instructional and guidance materials
• Support and enable the team to achieve success in their pursuit of personal and program level objectives

What you'll bring to the role

• Bachelor's degree in: Business Administration, Risk Management, or Business Continuity/Resilience
• A minimum of 10 years of experience in Information Security, Cybersecurity, Business Continuity and / or risk and control assessments in the financial services industry
• Professional qualifications from industry standard institutions such as ISACA is a plus
• Exceptional Project Management skills and execution mindset
• Experience in and strong understanding of relevant Industry Standards (NIST, CCM, CRI etc.)
• Knowledge of best practices and certifications (e.g. CRI, ISO certifications, SSAE/SOC reports etc.)
• Experience in managing / leading high performing Third Party Risk Assessment teams
• Financial industry experience especially focused on Business Continuity / Disaster Recovery Controls and risk methodologies
• Strong leadership skills with the ability to drive change and foster a culture of accountability excellence
• Ability to build and sustain relationships with individuals at all levels of the organization and manage global stakeholders
• Dynamic individual with the ability to switch context quickly and work on multiple streams of work simultaneously with high attention to detail

Additional information

The position's work location will be 1445 Ross Ave, Dallas, TX 75202 at a future date. The role may begin remotely until the office location becomes available. In-Person interviews will be required for the role.

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.

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Pay and benefits

Expected base pay rates for the role will be between $108,000 and $147,000 per 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.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.