Enterprise Non-Financial Risk - COO Team VP at Morgan Stanley Baltimore, MD

OverviewThe Non-Financial Risk (NFR) organization is seeking a Vice President to support the NFR Chief Operating Office (COO). This position sits within the NFR Management Team, responsible for personnel and financials management, financial transparency, cost governance, and business‑aligned decision support across the NFR organization. The successful candidate will lead initiatives that expose cost levers, shape demand, and enable business units to make informed investment decisions.ResponsibilitiesMaintain the financial health of the NFR organization while responding to new challenges, including developing the annual budget and forecasts, managing vendor engagements and managing the hiring pipelineLead budgeting, forecasting, and financial planning processes in partnership with NFR Management, COO teams and LCD OperationsManage annual budget and liaise with the LCD Operations COO team proactively to address new risks or changes in business priorities that may impact NFR financials and organizationOversee monthly financial performance reporting, including budget vs. actuals, estimates, and technology expense targets, ensuring accuracy and actionable insightsExecute group's vendor strategy by partnering with sourcing on bid process, reviewing task orders, on-boarding onshore / offshore consultants & tracking engagements to completionManage & implement group's location strategy commitmentsPartner with recruiting & hiring managers to manage open requisitions & offer approvalsMaintain transparency on the state of the organization through metrics, project plans, and status reportsCreate and develop executive-level presentations for meetings with NFR and LCD Operations leadership and define business cases to drive key initiativesCollaborate with a varied group of colleagues in NFR and LCD Operations globallyServe as a trusted advisor to the NFR COO and CAO, Business Managers, and LCD partners, providing insights on cost drivers, recovery mechanisms, and financial implicationsDrive automation, standardization, and data quality improvements to reduce manual effort and strengthen the integrity of cost transparency reportingEstablish reporting frameworks that elevate visibility of NFR costs and enable granular budget accountabilityQualificationsExcellent communication skills providing clear, actionable guidance to senior NFR stakeholdersCollaborative and self-starter approach; strong execution and judgmentProfessionalism and ability to navigate an organization with various stakeholders with different competing prioritiesAbility to articulate risk and impact to various audiences, and create plans to mitigate those risksAdvanced analytical and problem-solving skills to support strategic financial decision makingHigh accountability and judgment, demonstrated through ownership of budgeting, forecasting, and reporting with exceptional attention to detailStrong strategic alignment capability, able to present clear financial insights and influence decisions in governance forumsDemonstrated innovation and continuous improvement mindset, proactively enhancing automation, standardization, and data qualityStrong risk awareness and controls, with the ability to identify, assess, and mitigate financial or operational risksStrong Excel and PowerPoint skills; Financial services experience a plusMinimum of 8 years of relevant experience, preferably at a large/complex financial institution or government/regulatory bodyAdditional informationSalary range for the position in Maryland: $95,000 to $165,000 per year. The successful candidate may be eligible for an annual discretionary incentive compensation award and may participate in the relevant business unit’s incentive compensation plan, which may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Life Insurance, Disability and other plans, Paid Time Off, holidays, 401(k), and other perks. Morgan Stanley is an equal opportunity employer committed to building a diverse workforce. Our recruiting efforts reflect a culture of inclusion where individuals are hired, developed, and advanced based on their skills and talents. #J-18808-Ljbffr