Associate - Privacy Program Support - Wealth Management (Wealth Management)

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 team in the Privacy Risk Department. This individual will report the Vice President of Data Use Assessments & Transfers. The team performs privacy assessments for WM and governs cross entity consumer data sharing transfers. The individual will perform functions to support continuous review of privacy questionnaires and data sharing. The individual will challenge the status-quo to uncover and realize efficiencies and work to enable consistent improvement.

Key Responsibilities

• Drive privacy implementation strategy for mergers & acquisitions, data integration, and cross selling work streams in partnership with internal stakeholders
• Identify and manage improvement of processes requiring enhancements that mitigate risk in the business and build efficiency
• Manage the inventory of WM consumer data uses, inter-affiliate and cross border sharing and transfer instances and disposal plans
• Identify applications and vendors processing consumer data processing that need to be aligned with the required Privacy controls
• Maintain proficiency with internal tools to support the Data Use Assessment framework
• Closely partner with internal stakeholders to appropriately identify privacy risks and associated controls for remediation and escalation
• Support preparation of monthly, quarterly, and annual metrics based on team activities and corresponding communication with key stakeholders
• Succinctly communicate ideas, recommendations, articulate purge results to business and influence decision making at the level of Senior Leadership
• Review, update, and maintain relevant privacy supervisory procedures
• Identify opportunities for internal team efficiency gains and support the development and maintenance of team procedures, risk management tools and data repositories
  
  

Qualifications - External

Required Skills:

• Experience in Financial Services, preferably within privacy risk disciplines (e.g., privacy impact assessments, data & process mapping, individual rights)
• Strong project management skills with the ability to work independently (candidate should be self-motivated with strong analytical and problem-solving skills)
• Ability to work in a small team environment, build and maintain a network of contacts and coordinate with many stakeholders
• 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 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
  
  

Preferred Skills

• Familiarity with privacy laws and regulations
• Data Privacy Risk or Operations background with ability to apply privacy principles
• Relevant professional certifications such as CIPM, etc.
• Good project management skills with the ability to manage multiple work stream
  
  

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.

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 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.

We're committed to bringing passion and customer focus to the business.

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.

Coverage for Audit Jobs

• Monday to Friday from 12:00PM to 9:00PM India time with flexibility on standard working hours for time sensitive matters.
• Periodic evening calls with US and EMEA Internal Auditors and auditees.