Morgan Stanley

Director - Business Resilience Risk Manager - (Wealth Management)

Posted On

April 7, 2025

Location

Mumbai, Maharashtra

Experience Level

Freshers/Experienced

Job Type

Permanent

Apply By

May 7, 2025

Job Description

Description - External
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 Assistant Vice President position is with Morgan Stanley Bank, NA and Morgan Stanley Private Bank, National Association (US Banks) on the U.S. Banks' Resilience Team.

Description: The U.S. Banks' Resilience Team has a key requirement for a Business Resilience Risk Manager in Mumbai to work as part of the existing North America team to support strategic Planning program development and fulfilment of internal and external planning and testing requirements. The team focuses on driving continued enhancement to the Banks' Business Continuity Planning standard to ensure the impact of potentially disruptive incidents can be responded to robustly and promptly in alignment with business objectives and regulatory expectations. The function is also responsible for program governance and reporting, and development and support of Business Continuity tooling and transition of enhancements into production.

The Assistant Vice President position is responsible to:

Provide subject matter expertise to both enhance and expand existing programs around Business Continuity Planning and the testing of Business Continuity Plans to ensure that, during a business disruptive incident all Business Units will be able to recover and perform critical business processes and limit the impact of the incident to the Banks. A successful candidate will be responsible for the implementation of these enhancements by working closely with stakeholders from across the organization.

Primary Responsibilities:

> Drive Business Continuity Planning program requirements by providing guidance and direction to assigned Business Unit Stakeholders to ensure their Business Continuity Plans are in accordance with the Banks' Business Continuity Management Policy and Procedures

> Ensure assigned Bank owned and Banks' Supporting Business Continuity Plans are updated, tested, and signed off in accordance with the Banks' Business Continuity Management Policy

> Provide Business Continuity Planning tool training as required

> Perform enhanced quality assurance of Banks' Supporting Business Continuity Plans on an ongoing basis and document findings for Business Unit Stakeholders

> Assist the team in enhancing, formalizing and standardizing the business planning process

> Coordinate periodic reviews and tests of established plans and procedures, reporting findings to management and making recommendations for improvements as needed

> Coordinate monthly reporting collation and distribution for program governance and monitoring purposes

> Engage with senior management and participate in governance committees to effectively drive the Business Resilience program

> Actively drive and support local, regional, and global managed projects as required

> Interact with country management to provide guidance, coordination and support during a disruptive event, including escalation, communication and documenting lessons learned

> Support and participate in 3rd party vendor testing table-top exercises Skills Required:
> 5+ years of professional experience in a Business Continuity Planning Role
> Understanding of existing and emerging regulatory requirements on the financial sector regarding Business Continuity and Operational Resilience
> Understanding of industry best practices pertaining to Business Continuity Planning and Testing
> Excellent communication skills (written, verbal and presentation) with the ability to articulate program enhancements to key stakeholders
> Strong relationship building and influencing skills
> Self-motivated, proactive, and calm under pressure
> Excellent English fluency (verbal & written) is required.
> PC skills: Microsoft applications (Outlook, Excel, PowerPoint, and Word)
> Certified Business Continuity Professional (CBCP) certification or similar is a plus
> Risk Management, or Technical background a plus

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.

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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