Vendor Program Management AVP - New York City, NY, United States - Morgan Stanley

Description

Morgan Stanley is a global financial services firm that conducts its business through three principal business segments—Institutional Securities, Wealth Management, and Asset Management.

The Analyst/Associate position is with Morgan Stanley Bank, NA and Morgan Stanley Private Bank, National Association (US Banks) on the US Banks Vendor Program Management Team.

Description:

The Vendor Program Management Assistant Vice President position is responsible for supporting the US Banks Internal Vendor Program Management Office and reports into a US Banks Vendor Program Management Officer.

The program's framework consists of the following areas of responsibility:

• Ensure key regulatory requirements, particularly Regulation W, are adhered to for the Bank's Affiliate Service Level Agreements
• Ensure key regulatory guidance, particularly the Office of the Comptroller of the Currency (OCC) Bulletin on Third Party Relationships, are adhered to for the Bank's Third-Party Vendor Relationships and Agreements
• Lead weekly, monthly, and quarterly committees and sub-committees related to the internal Affiliate Vendor Management Programs
• Actively lead and partner across organizations in the development, implementation, and sustainability of an Affiliate Workflow tool that will help automate and enhance current manual processes
• Provide oversight of internal Affiliate Vendor lifecycle management, including agreement creation, cost and service levels, periodic risk monitoring, and contract termination
• Partner with, and leverage, Firm-wide monitoring groups and tools to oversee Vendor Management activities conducted by employees of US Banks' affiliates or through the services of external third parties
• Provide oversight and training to ensure adherence to the Bank's Vendor Management Policies and Procedures

Prepare and present results of monitoring assessments, identified and remediation operational risks, and escalation of issues to senior bank management QualificationsRequired Skills/Experiences:

• Bachelor's Degree in Finance, Business Administration, Accounting, Economics, or a related discipline.
• Experience in Vendor Management, Operational Risk Management, and Regulation W.
• Experience in a Bank with knowledge of US Banking regulations
• 5+ years of experience with proven ability in leading dynamic teams
• Ability to chair meetings with senior management and communicate across a matrixed organization
• Strong organizational, project management and reporting skills.
• Ability to work both independently and with team members, under tight deadlines. Expected base pay rates for the role will be between $85,000 and $130,000 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.

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).


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