Asia Wealth Management, Business Control Unit - Operational Risk – Director, Hong Kong

We’re seeking someone to join our team as a Business Control Unit - Operational Risk – Director.

In the Wealth Management division, we help people, businesses and institutions build, preserve, and manage wealth so they can pursue their financial goals.

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:

• Oversee operational risk in accordance with the Firm’s framework, including risk reporting, analytics, and top risk identification.
• Lead annual Risk and Control Self Assessments to ensure risks are identified, assessed, monitored, and reported.
• Manage the Legal Entity Outsourcing program, including certification, inventory, and risk reporting.
• Supervise incident management, including data collection, analysis, and tracking of issues and actions.
• Support the Regional Business Unit Information Security Officer with entitlement reviews, incident analysis, and segregation of duties.
• Facilitate regulatory inquiries, internal audits, and compliance testing.
• Conduct thematic reviews to enhance controls and mitigate risks.
• Coordinate Operational Risk related governance committees and forums.
• Oversee business continuity planning and crisis management in line with HKMA operational resilience requirements.
• Ensure consistency in risk management policies and procedures for Wealth Management.
• Collaborate with Legal, Compliance, Operations, Credit, Tax, FCG, and IT to identify and mitigate business risks.
• Act as a contact for Information Security, Conflicts, and wall crossing matters.
• Drive process re-engineering projects to reduce residual risk and improve efficiency.
• Perform independent reviews to ensure alignment with regulatory expectations.
• Prepare trend analysis and escalation reports for senior management.

What you’ll bring to the role:

• 7+ years’ experience in banking, risk management, or control functions
• Excellent analytical, investigative, and problem-solving skills
• Excellent verbal and written communication
• Proficiency in English
• Prior experience in a similar control/risk function (preferred)
• Cantonese and Mandarin proficiency (preferred)

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 89 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.  To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

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 89 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.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize 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.