Third Party Risk Management (AVP equivalent)

Third Party Risk Management, Director (AVP equivalent)
Glasgow
JR034995

We're seeking someone to join our team as a Director (AVP equivalent) to provide enterprise oversight of the Firm's Third Party Risk Management (TPRM) Framework. This role is responsible for the design, governance, and continuous improvement of global third-party risk standards, ensuring alignment with the Firm's risk appetite, policies, and regulatory obligations across the third party lifecycle.

In the Corporate Services division, we empower our businesses by creating collaborative workplace solutions and commercial services that enhance the employee and client experience, while optimizing the value of our sourcing and third-party lifecycle to enable the Firm to do-and-win business. This is a Director level position within the Third Party Risk Management, which specializes in identifying, analyzing, and managing risks presented to a company as a result of working with external parties / vendors.

Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

What you'll do in the role:

Own and maintain the global Third Party Risk Management framework, standards, and procedures, ensuring consistent application across regions and business lines.

Define, monitor, and enhance key risk indicators (KRIs), thresholds, and management information used to oversee third party risk.

Drive quality assurance, issue management, and continuous improvement activities to ensure consistent, defensible risk outcomes.

Translate evolving global regulatory expectations into scalable, practical program and control enhancements.

Partner with regional and functional stakeholders to balance centralized governance with jurisdiction specific requirements.

Support internal audits, regulatory exams, and reviews through strong documentation, evidentiary traceability, and timely issue remediation.

Lead cross functional initiatives to simplify processes, enhance control maturity, and improve efficiency across the third party lifecycle.

What you'll bring to the role:

At least 6 years' relevant experience would generally be expected to find the skills required for this role

Strong knowledge of third party risk management, operational risk, or related risk frameworks within large, complex organizations.

Experience designing, implementing, and overseeing global risk frameworks and governance models.

Ability to interpret regulatory requirements and translate them into practical, scalable controls.

Strong analytical skills with the ability to assess risk trends and quality of outcomes.

Effective communicator with experience engaging senior stakeholders across regions and functions.

Ability to operate effectively in complex, international environments.

Experience in third party risk management, operational risk management, or a related control function.

Background in financial services or similarly regulated industries preferred.

Experience supporting audits, regulatory exams, and internal reviews.

Bachelor's degree or equivalent practical experience.

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.

Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

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 .