Operational Risk Associate – Risk & Control Self-Assessment (RCSA) Quality Assurance (QA)

  • Competitive
  • Shanghai, Shanghai Shi, China
  • Permanent, Full time
  • Morgan Stanley
  • 20 Jan 18 2018-01-20

See job description for details


Morgan Stanley’s Operational Risk Department (ORD) is looking to hire one (1) full-time Associate based in Shanghai, China. This role will provide support for facilitation and execution of the Firm’s global Risk & Control Self-Assessment (RCSA) Program, which is the first point of coordination for the businesses for Operational Risk RCSA initiatives and management, and provides an interface for consistent communication, assists in identifying, managing and prioritizing risks and mitigation. The role is also an integrated part of global ORD’s Data Analytics function.

The selected individual will require working closely with teams at all levels of the organization within ORD, including frequent communication with the Global RCSA Coverage team in New York/London with regards to status reporting, review and discussion of QA findings, analysis and emerging themes.

Specific responsibilities would include but are not limited to:

· Perform quality assurance of Key Control designation and assurance in according with defined procedures and standards

  • Build and execute analytics and metrics supporting Key Controls program
  • Perform quality assurance of new control instances creation and approval and assessment in CILA and CAM
  • Data analysis and reporting
  • Support Internal Audit and Regulatory requests with accurate data and documentation
  • Provide input for IT developments of key RCSA initiatives
  • Review and improve current reporting and analysis processes
  • Design and operate a meaningful management reporting, including year-end RCSA results analysis
  • Collaborate with other work streams within ORD e.g. Scenario Analysis, Coverage and Reporting teams


Qualifications:

  • More than 3 years of working experience in international financial institutions or consulting firms; experience in executing/managing Risk and Control Assessments is an advantage

· Bachelor’s degree required; economics, finance, business or another analytical discipline preferred. Master’s degree a plus

· A solid understanding of operational risk management concepts such as risk assessments, scenario analysis, loss events etc. is required

· A general understand of regulatory capital frameworks, such as Basel 2 and Basel 3

· Sound Excel and PowerPoint skills and a strong capability in visual representation of information and data, advanced VBA skill a plus
  • Strong analytical skills and attention to details

· Excellent English communication skills, both verbal and written

· Strong organization skills with the ability to multitask and prioritize; ability to work under pressure and to tight deadlines;

· Strong interest in financial services and risk management

· Ability to work in a team environment

· Flexible and self-motivated