Finance - Manager, Asia Regional Coverage, Third Party Program Management
Type: Full Time
Internal Number: 16466358
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethics. Morgan Stanley can provide a superior foundation for building a professional career ??- a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
About Third Party Program Management
The Third Party Program Management (TPPM) group is a dedicated First line of Defense (LoD) function within Reengineering & Expense Management (REM) and the Finance division, established to more effectively manage risks associated with Morgan Stanley's use of internal and external Third Parties to provide goods and services. TPPM is part of REM alongside Accounts Payable and Firmwide Sourcing.
TPPM's key objectives are:
-Enable a firm-wide Third Party Risk Management (TPRM) program based in 1st LoD -Implement a firm-wide TPRM strategy, processes and tools -Execute due diligence and ongoing monitoring -Implement clear, consistent information and reporting to identify, measure, monitor and manage firm-wide risks -Maintain compliance with regulatory requirements
Role: Manager, TPPM Asia Regional Coverage Location: Hong Kong Reports to: Vice President, TPPM Asia Deputy Regional Lead Scope: Third Party risk management, including outsourcing for Asia
The role will be responsible for supporting the TPPM Asia Deputy Regional Lead to facilitate implementation and enforce consistent compliance with the Firm's TPRM Framework in the region. In this role the successful candidate will support Morgan Stanley's Business Units and support functions to manage Third Party risks and maintain all Third Party arrangements in compliance with the Firm's internal policies, external rules and relevant regulations on all aspects of the Third Party and outsourcing risk management. Specific responsibilities include: -Acts as a point of contact on all aspects of Third Party and outsourcing risk management in the region -Supports Morgan Stanley's Business Units and support functions in managing Third Party risks in accordance with the Firm's TPRM Framework, coordinating with other functional and regional TPPM team as required; partner with 2LoD, including Legal and Compliance departments, as required -Supports the Asia Deputy Regional Lead with communication efforts and building strong stakeholder engagement model to promote the TPPM in the region and support the firmwide change management -Creates monthly/quarterly reporting packs for Third Party Governance Committee (TPGC) and Asia Pacific Outsourcing Governance Committee (AP OGC) meetings -Identifies and escalates risk issues or material change and ensure these are reported to the Deputy Regional Lead and other TPPM stakeholders as required -Develops a good understanding of the Firm's operations, outsourcing environment, industry knowledge and regulatory changes in Asia, particularly in Hong Kong, Singapore, Japan, Australia, India, China, Taiwan, South Korea and Indonesia -Prepares status updates and collates management information required for the Deputy Regional Lead to monitor the effectiveness of TPPM initiatives in the region -Supports training delivery with respect to BU roles and responsibilities and TPPM processes (i.e., appropriate supporting groups, inventory/tracking, strategy, etc.) in Asia -Builds solid working relationships with Business Unit stakeholders to promote awareness of the TPPM and the Firm's TPRM Framework in Asia