Third Party Risk Management, Director, Third Party Risk Management

Morgan Stanley

  • Mumbai, Maharashtra
  • Permanent
  • Full-time
  • 1 month ago
We’re seeking someone to join our team at a Director (P3) to be responsible for supporting the ongoing development, implementation, and management of the Firms third party risk management program.In the Corporate & Enterprise Services division, we provide solutions that enable Morgan Stanley’s workforce, across our global workplace locations, to effectively and efficiently work in the service of our clients. This is a Director position within 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:Site Oversight & Coordination:Manage the establishment, modification and decommissioning of ODC sites across assigned locationsServe as the primary point of contact for site-level issues, escalations, incident management, and ODC governanceSupport internal business units, vendors and Third Party Program Management (TPPM) teams in ensuring appropriate infrastructure coveragePartner with vendor and MS IT teams to track and manage infrastructure assets through ODC lifecycleManage all aspects capacity planning including seat utilization, scalability and future space forecastingPartner with Technology to ensure ODC steady state and future readinessLiaison between Technology and vendors to ensure issue resolution and decisionsChair periodic vendor or project meetings involving internal teams and third-party partnersOversee ODC infrastructure health including physical security, power, connectivity, and seatingTechnology Design Awareness:Understand network topology, server connectivity, and data flow dependencies within ODC environmentsIdentify gaps or risks in infrastructure or network design and work with relevant teams to resolve them proactivelyOnsite assessments:Plan and conduct onside ODC assessments, aligned with the Firm's risk and control standardsIdentify deficiencies, track remediation progress, and report results to senior stakeholdersThird Party Risk and Compliance:Ensure ODCs adhere to Firm mandated control frameworks and regulatory/compliance requirementsCoordinate with third party vendors and internal control teams (e.g., Legal, Risk, BCM, Infosec) to close gaps Metrics, Reporting and Automation:Prepare regular reports, dashboards, and presentations for senior managementMaintain ODC health indicators, audit dashboards, and inspection trackers using Excel and PowerPointUnderstanding of data visualization tools (Power BI, Tableau) to enhance reporting and analyticsRepresent the region in global ODC forums and participate in process improvement initiatives.Business Continuity:Monitor ODC site readiness for business continuity and disaster recoverTrack and report real-time impact of external events (e.g., elections, strikes) on ODC deliveryWhat you'll bring to the role:Bachelor's degree in engineering, IT, Operations, or related field7+ years of experience in managing IT/infrastructure operations, vendor oversight, or risk managementStrong understanding of third-party governance. Offsite delivery models, and site level operationsHands-on experience in performing audits or risk assessments, familiarity with risk frameworks is a plusProficiency in Microsoft Excel and PowerPoint for reporting, tracking and executive communicationWorking knowledge or exposure to PowerBI or Tableau is an added advantageExcellent coordination, problem-solving and stakeholder engagement skillsWillingness to travel to multiple ODC locations as neededPreferred Certifications:CISA, CISM or any risk/compliance related certificationITIL or equivalent service management certificationWHAT YOU CAN EXPECT FROM MORGAN STANLEY:We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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.Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.

Morgan Stanley