Morgan Stanley

Director - Privacy Risk (Wealth Management)

Posted On

Oct. 24, 2024

Location

Mumbai, Maharashtra

Experience Level

Freshers/Experienced

Job Type

Permanent

Apply By

Jan. 29, 2025

Job Description

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 42 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.

Division Profile:

Wealth Management Risk is responsible for identifying, measuring, and managing the current and emerging risks of the WM division and, in coordination with WM's Business Control Units and Second Line Risk Management and Compliance, implementing control processes and procedures to mitigate risk consistent with WM's risk appetite and governance framework.

Position Summary:

Wealth Management (WM) Privacy Risk is responsible for driving privacy implementation strategies and governance for the WM business line. The team is looking for a professional to join the Privacy Risk Department and report to the Executive Director for Privacy Framework & Change Management. This role will focus on the Firmwide Purge Program in accordance with data lifecycle management and retention policies. It will include data analysis to assess scope and impact, execution management, and stakeholder engagement.

Key Responsibilities:

- Track and manage acceleration dependencies and timelines for stakeholder purge workstreams

- Perform data analysis to prioritize purge patches and validated execution with reconciliation reports, and track remediation activities to completion

- Establish strong working relationships with partners across business units and Wealth Management functions to support alignment of Wealth Management Strategic Initiatives

- Engage with development squads, internal Subject Matter Experts, and other functional teams to deliver required processes and privacy infrastructure capabilities

- Work with all functional disciplines impacted by projects to ensure end-to-end planning is comprehensive and results met are aligned to the stated goals of the project

- Support preparation of monthly, quarterly, and annual metrics based on privacy rules management activities and corresponding communication with key stakeholders

- Succinctly communicate ideas, recommendations, articulate results to business and, influence decision making at the level of Senior Leadership

- Review, update, and maintain relevant privacy supervisory procedures by documenting requirements and process flows for enhancements to batch jobs, volume testing, and perform user acceptance testing

Required Skills:

- Strong project management skills with the ability to work independently (candidate should be self-motivated with strong analytical and problem-solving skills)

- Solid interpersonal skills, including written and verbal communication, are required

- Ability to design and develop presentations to conceptualize results, and present them clearly and concisely for key stakeholders and Senior Management

- Strong organizational skills with the ability to multitask, prioritize and work under pressure and to tight deadlines and excels at planning and time management

- Strong analytical and problem-solving skills (critical thinking ability)

- Expertise in all MS Office tools, including Power Point, Excel, Project, and Visio

- Bachelor's degree required

Preferred Skills:

- Financial Industry experience with Data Privacy Risk or Operations background and ability to apply privacy principles

- Relevant professional certifications such as CIPM, etc

- Good project management skills with the ability to manage multiple work streams

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