Vice President - Risk Management Compliance and Monitoring- México CityJob Number:3232734POSTING DATE: Sep 14, 2023PRIMARY LOCATION: Americas-Mexico-Distrito Federal-Mexico CityEDUCATION LEVEL: Bachelor's DegreeJOB: Credit RiskEMPLOYMENT TYPE: Full TimeJOB LEVEL: Vice PresidentDESCRIPTIONFirm Risk ManagementFirm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, model and other risks.Background of the PositionThe role will reside within the Firm Risk Management's Risk Department (Unidad para la Administracion Integral de Riesgos UAIR) which is a team dedicated to the implementation and maintenance of Integral Risk Management processes in accordance with regulatory and Firm's requirements.The strategic activities that need to be accomplished are the implementation of the local Risk Management Annual Plan in coordination with Risk Specialists (who are based in different MS offices), timely reporting of discretionary and non-discretionary risks at the broker dealer as per regulatory requirements, risk monitoring and continuous vigilance of discretionary and non-discretionary risks and the address of Internal/External Audits and/or Regulatory Exams related to Morgan Stanley Mexico Risk Management.Primary Responsibilities- Monitor and escalation of Credit, Market, Liquidity, and non-discretionary risks issues, limits and risk tolerance levels, as well as the implementation of corrective actions, in coordination with Risk Specialists- Perform governance activities, maintain local policies, procedures and monitor compliance of regulatory risk management requirements- Preparation of periodic Risk Monitoring reports and maintenance of risk management policy manuals, risk limits and tolerance levels, risk-related financial information and risk metrics models and methodologies for Risk Committee reviews- Partner with internal stakeholders to ensure that relevant regulations from CNBV (Comision Nacional Bancaria y de Valores), Banco de Mexico and/or other regulators are implemented in a timely manner- Establish and monitoring of Risk Management SLAs (Service Level Agreement) in coordination with Risk Specialists and provide support to broker dealer's Senior ManagementQUALIFICATIONSExperience- Bachelor's degree (Preferable in Finance, Economics, Law, Mathematics, Statistics, Actuarial Sciences, Engineering or related field of study)- Experience in governance, policy, procedure and compliance with risk management regulatory requirements and working knowledge of financial markets- Programming skills are highly desirable (Excel VBA, R)- Excellent problem-solving and analytical skills- Organized and able to adhere to tight deadlines- Strong communications skills (English and Spanish)- Ability to work effectively in a collaborative environment- Previous experience in Market, Liquidity, Credit or Operational Risk Management function at a Financial Institution, Regulator, Consulting or Audit Firm (desirable)- Completed or working towards CFA, FRM or any other related designations (desirable)FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views.
