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3rd Party Risk Resilience Lead - Investment Management - Vice President

Morgan Stanley

New York New York United States of AmericaStaffH-1B sponsor company
Sign in to applyVerified 1h ago
Location
New York New York United States of America
Work model
On-Site
Level
Staff
H-1B history
39 approvals (FY2023)
Posted
1d ago

About this role

Morgan Stanley Investment Management (MSIM) is seeking an experienced Vice President / Executive Director to lead its Third-Party Risk and Resilience function. This individual will oversee MSIM's compliance with Firm third-party risk management policies, procedures, and standards, as well as resilience obligations, while driving strong partnership and collaboration across business, technology, operations, and Firmwide stakeholder groups. The Third-Party Risk & Resilience Lead will direct third-party risk and resilience oversight for MSIM, with particular focus on third-party services which support critical business processes, outsourcing arrangements, third-party incidents, regulatory-driven initiatives, and remediation of control gaps. The role is accountable for ensuring appropriate governance, documentation, testing, reporting, escalation, evidence, and issue closure across all third-party risk and resilience obligations. The successful candidate will lead a team responsible for executing third-party risk program requirements and resilience obligations, delivering first-line governance across the full third-party lifecycle including risk assessment, ongoing monitoring, issue management, resilience planning, testing, governance, and reporting. Candidates should bring at least 10 years of relevant experience, with a demonstrated ability to lead a function, manage competing priorities across a team, influence within a matrixed organization, provide credible challenge, and drive execution through a practical, collaborative approach.

Key Responsibilities

Leadership & Operating Model Lead the MSIM Third-Party Risk and Resilience function, including management of a team responsible for governance, reporting, issue management, Contingency and Exit Plan (CP/EP) execution, testing coordination, and stakeholder engagement. Set priorities, allocate work, and oversee deliverables to ensure the team meets Firm requirements and MSIM business needs on time and to a consistent standard. Support enhancement of the MSIM third-party risk and resilience operating model, including roles and responsibilities, escalation paths, reporting standards, and evidence expectations. Serve as MSIM's lead point of contact for third-party risk and resilience matters, partnering closely with Service Owners, Third-Party Program Management, Operational Risk, Business Unit Risk Officers (BUROs), Legal, Compliance, and other Firm stakeholders. Third-Party Lifecycle Governance Oversee governance across the full third-party risk lifecycle including service selection, due diligence, inherent risk assessment, criticality determination, ongoing monitoring, issue remediation, risk acceptance, termination, and offboarding. Partner with Service Owners to ensure execution of required vendor management activities, including service validations, meeting minutes, training, and ongoing monitoring. Review and approve new or modified service records and criticality ratings where required; support accurate maintenance of firm tooling including iShield, Third-Party Application Inventory (TAI), Service Provider Risk Level (SPRL), and related resilience data sources. Resilience & Contingency Planning Own the creation, maintenance, and ongoing governance of Resilience Plans for critical or regulatory in-scope third-party services which includes Contingency Plans (CPs) for temporary provider disruptions and Exit Plans (EPs) for permanent provider transitions. Manage the end-to-end CP/EP lifecycle, including refreshes, approvals, evidence collection, and testing coordination, while evaluating plan quality and associated risk. Lead operational mapping and dependency identification across critical third-party services, documenting dependencies among business processes, applications, vendors, data flows, recovery requirements, and exit strategies. Lead incident preparedness for critical third-party services, including documented response actions for vendor failure scenarios and Incident

3rd Party Risk Resilience Lead - Investment Management - Vice President at Morgan Stanley, New York New York United States of America | Yoinka