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

Morgan Stanley
Boston, NY
Job Description
Role Overview

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.

What You Will Do

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. 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.

Why It Might Be a Fit

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.

Requirements

  • Minimum of 10 years of relevant experience in third-party risk management, operational resilience, operational risk, business controls, vendor management, outsourcing governance, business continuity, or a related discipline.
  • Financial services experience required; asset management experience preferred.
  • Experience leading a function, team, or cross-functional program, including setting priorities, managing deliverables, and driving accountability.
  • Strong understanding of third-party risk lifecycle management, operational resilience, criticality assessment, issue management, risk acceptance, operational mapping, incident preparedness, and testing governance.
  • Ability to interpret policies, procedures, standards, and expectations, and translate them into practical business requirements.
  • Strong relationship management skills, with the ability to partner across business, risk, control, technology, operations, and Firmwide teams; influence without direct authority; and provide credible challenge.
  • Strong analytical and written communication skills; experience supporting audit, compliance review, or management review activity preferred.
  • Experience with vendor risk management tools and resilience data sources preferred, including iShield, TAI, and SPRL.

Benefits

  • Comprehensive employee benefits and perks in the industry
  • Ample opportunity to move about the business for those who show passion and grit in their work
  • Expected base pay rates for the role will be between $150,000 and $225,000 per year at the commencement of employment
  • Commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs
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