Division:Investment Management

Job Title:Vendor Oversight Associate

Location:Mumbai

Job Level:Associate

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.

Department Profile

Morgan Stanley Investment Management (MSIM), together with its investment advisory affiliates, has $1.46 trillion in assets under management or supervision as of December 31, 2023. Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, service, and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations, and individuals worldwide.

Background on the Team

We are looking for career-minded professionals with global perspective to join the Mumbai based Investment Management’s Global Risk & Analysis Non-Financial Risk team as an Associate. The role will be responsible for governance of Third-Party relationships and activities related to the onboarding and ongoing monitoring of Third-Party Services throughout their lifecycle. A successful candidate has experience in or knowledge of third-party risk processes and risk assessment.

In addition to the responsibilities laid out below, the successful candidate will play a support role in delivering projects, ranging from short-term strategic assessments to large-scale change risk initiatives.

Primary Responsibilities

· Direct and facilitate for the Business Unit, to ensure, all divisional suppliers with services in scope for Third Party Risk Management are logged completed and updated in Firm risk assessment platforms.

· Collaborate with stakeholders in the design and implementation of tooling to support the Non-Financial Risk teamandassist in the development of procedures and documentation.

· Assist with the review vendors for the divisions the third-party preselection process framework and onboarding of services into Firm tooling.

· Oversee and enforce divisional compliance with Firm third-party requirements as Third-Party Single Point of Contact. This is inclusive of issue tracking and remedial efforts, providing feedback for ongoing improvement, and supporting other initiatives.

· Assist in the implementation and coordination of divisional third-party strategy in conjunction with business including developing procedures and processes.

· Assist with providing Program training provided to new Service Owners and the change control process for changes to third-party program processes/procedures, systems and reporting or data.

· Coordinates with the Firm Due Diligence Groups and Control Groups to confirm that appropriate due diligence and risk assessments and ensure remedial actions are complete.

· Liaise with owner as needed to close open items including resolving any procedural exceptions or breaches by ensuring active contracts exists.

· Develop and provide reporting to provide visibility into status of active Third-Party Services as well of services undergoing onboarding or termination.

· Assist with coordination of significant Third Party-related incidents as required.**

· Assist with enhancements and innovation efforts for both NFR reporting and priority management.Partner with our broader NFR team to align on stakeholder communication, resolve conflicts and manage risk, issue, and dependency escalations.__

Skills desired

· 3 - 5 years of relevant experience in financial services industry, or other highly regulated industries

· Excellent communication and presentation skills and proven ability to effectively interact with team members, clients, and peers, earning their trust and establishing credibility.

· Experience in vendor management/supplier management and Third-Party supplier management or related risk experience preferred.

· Ability to analyse data, extract key information and craft a risk view for presentation to senior management.

· Ability to be flexible, adjust to changing priorities and unforeseen events, and proactively adjust strategy and approach.

· Exceptional project management skills

· Proficiency in MS Office and related applications (PowerPoint, Excel, Word)

· Bachelor’s degree or equivalent combination of training and experience

· Change management/PMO experience is a plus.

/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./

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Job: *Asset/Investment Management

Title: *Associate - Vendor Oversight (Investment Management) *

Location: Non-Japan Asia-India-Maharashtra-Mumbai (MSA)

Requisition ID: 3254867