Operational Risk refers to the risk of financial or other loss, or potential damage to a firm’s reputation, resulting from inadequate or failed internal processes, people, systems, or from external events Operational Risk
Department (ORD) within FRM is responsible for supporting various components of the Operational Risk Framework including Risk Assessment, Monitoring, Analytics, Reporting, Quality Assurance, Governance, Process Validation etc They also provide change management support and develop automation solutions for analytics and reporting of operational risk information to management
Risk Data & Strategy (RD&S) team within FRM is responsible for the development and promotion of data standards, governance, and monitoring of the Risk Data Domains to evidence compliance with Risk Data Policy and the BCBS 239 Principles RD&S provides strategic partnership across Firm Risk to enhance Risk Data management.
The team is responsible for creating and maintaining the Global Risk Data Policy, and for reviewing proposed country, legal entity or risk domain specific Risk Data policies or procedures to ensure congruency and alignment across FRM
Risk Analysis and Reporting is a critical component of FRM, responsible for performing detailed risk analysis, creating comprehensive risk reporting and designing and implementing strategic reporting solutions
Morgan Stanley is looking for Any Graduate profile candidates.