IED Non-Market Risk, Senior Manager

Job Description

Non-Market Risk, Senior Manager, Institutional Equity Division

Timings: between 7am to 5pm IST, Region: Asia

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 ethics.  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

From global institutions to hedge funds, investors come to Morgan Stanley for Sales, Trading, and market-making services in almost every type of financial instrument in all the world’s financial markets. Morgan Stanley professionals use our network and technology to provide liquidity and sophisticated analysis, to manage risk and execute reliably in the fast-changing markets.

Morgan Stanley’s Institutional Equity Division (IED) is a world leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. Our broad and deep client relationships, market-leading platform and intellectual insights enable us to be a world-class service provider to our clients for their financing, market access and portfolio management needs.

Global Markets Group is the offshoring arm of Morgan Stanley’s Sales & Trading businesses in India. It covers functions across IED ranging from those associated with sales, trading, analytics, strats to risk management.

What you’ll do in the role:

• Execute and lead activities within the Non-Market Risk Mumbai team, integrate new processes, strengthen existing ones, standardize processes, and deliver greater automation.
• Act as a primary liaison in short‑term or long‑term engagements, supporting seamless knowledge transfer, stakeholder alignment, and process stabilization.
• Enhance existing control frameworks and design new ones where gaps exist.
• Review and monitor internal policy and procedural breaches, assess risk, investigate, identify solutions, educate and escalate as necessary.
• Solve cross‑functional problems by working effectively within and beyond the Risk Management department.
• Get involved in regional risk projects and enhancements.
• Assist in migrating onshore activities to local team.
• Produce management reports to highlight risk issues, trends, thematic matters, new regulatory changes amongst others.
• Build strong partnerships and work with regional and global IED Risk Management, Central Risk, Technology, Operations, Finance, and Compliance.
• Oversee open issues and drive timely corrective measures by responsible parties.

What you’ll bring to the role:

• Masters in Business Management (IIMs/ Tier-1 institutions preferred); Undergraduate Degree (IITs/ Tier-1 institutions preferred).
• Chartered Accountant / CFA / FRM.
• Professional with 7 - 9 years’ relevant experience in Risk Management, Compliance or Trading Support/Operations focusing on Sales & Trading activities. Should be able to demonstrate a strong understanding of Risk Management and Controls.
• Should be able to demonstrate atleast 2 years of team management experience in terms of appropriate work allocation, performance feedback and expectations management.
• Experience with deep‑dive investigations (such as risk, fraud, compliance, AML, operational deficiencies), root‑cause analysis, and evidence‑based findings.
• Meaningful onsite / onshore / international experience partnering with Front Office, Risk, Finance, Technology, and Compliance leadership, with the credibility to operate as a trusted advisor in high‑visibility forums.
• Knowledge of Equities markets, understanding of applicable regulatory rules and regulations.
• An understanding of and strong focus on the mechanics of a control environment, including escalation and risk-related issues.
• Strong written and verbal communication skills. Ability to communicate risk issues clearly to Senior management, Salespersons and Traders; encourage open dialogue and deliver effective challenges.
• Ability to prioritize and multitask between various ad-hoc queries, projects, and daily business activities.
• Demonstrates exceptional analytical and reasoning skills, adaptable to both independent and team environments.
• Strong stakeholder management. Ability to drive projects independently.
• Strong project management skills, including managing competing priorities, influencing senior stakeholders, and delivering sustainable outcomes across functions and regions.
• Ability to identify and escalate issues effectively and appropriately.
• Exceptional organizational skills and high degree of attention to detail.
• Proven ability to take ideas forward and to challenge others with integrity and maturity.
• Proficiency in Advanced Excel, MS Office (Excel, PowerPoint, Word), and AI tools.

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.

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 opportunity employer committed to building and maintaining a workforce that is diverse in experience and background.  Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

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

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.