Head of Risk Capital Oversight, Executive Director

Morgan Stanley is seeking an Executive Director for the Capital Risk Management team, based in New York. The team, part of Firm Risk Management, is an independent second line of defense function responsible for providing oversight, review, and effective challenge of the Firm's capital management framework. The successful candidate will lead the Capital Risk Management team accountable for review of the Firm's and U.S. Banks' capital policies, capital framework and associated metrics, stress testing and recovery and resolution planning capital components. They will drive continuous improvement in how capital risk is assessed, communicated, and challenged, partnering closely with Finance, Treasury, and first line Capital teams.

Primary Responsibilities:

• Lead independent second line review and effective challenge of Firmwide and U.S. Bank capital policies, frameworks, and governance, including assessing alignment with regulatory requirements and internal risk appetite
• Provide second line oversight of internal and regulatory capital stress testing, including review of frameworks, key assumptions, sensitivities, and results
• Oversee independent review of capital considerations within Recovery and Resolution Planning, including assessing recovery actions under stress
• Establish and maintain a robust second line monitoring framework for key capital utilization metrics, identifying emerging risks and themes
• Prepare clear, concise materials and responses to information requests from senior management and regulatory authorities
• Represent Capital Risk Management in senior governance forums and regulatory interactions, contributing to examinations, ongoing supervisory dialogue, and executive-level materials
• Stay abreast of global regulatory capital rules and relevant business developments
• Lead a team of capital risk professionals, enhancing the consistency, rigor, and scalability of the capital second line of defense function

Experience Required:

• Deep experience in regulatory capital, capital planning, and/or stress testing within a large, complex financial institution
• Strong understanding of U.S. regulatory capital rules, Basel frameworks, and capital governance expectations
• Demonstrated ability to operate effectively in a second line of defense role, providing independent and credible challenge while partnering constructively with first line teams
• Proven leadership experience, with the ability to engage senior management, governance committees, and regulators
• Strong analytical capability, with the ability to interpret complex capital metrics, stress testing results, and scenarios and translate them into clear risk insights
• Excellent written and verbal communication skills, including experience preparing management- and regulator-facing materials
• Highly organized and detail-oriented, with the ability to think strategically, manage complex projects and competing priorities, and deliver results in a fast-paced environment
• 10+ years of relevant experience in a similarly complex financial institution

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 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.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser.

Expected base pay rates for the role will be between $165,000 and $275,000 year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background.  Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background.  Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.