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Operational Risk Manager

Resource Solutions
Job LocationGlasgow
EducationNot Mentioned
SalarySalary negotiable
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypeContract, full-time

Job Description

Team Profile:Shared Service and Banking Operations delivers industry leading operational solutions by aligning the right functions, people, processes and tools into ten core disciplines offering tailored client service levels that are efficient, controlled and compliant with regulation. Our core disciplines include: Asset Servicing, Cash Management, Client Data Management, Global Banking Services, Loans Servicing, Network Management, Payments (Wireless and Disbursements), Reconciliations, Settlements and International Tax Utility. International Tax Utility (ITU) helps senior management and its individual business units manage the Firms Tax risk by owning and driving forward the Operational Tax Control framework. Maintaining and enhancing the internal operating processes, the division is crucial to safeguarding the Firms franchise, proactively identifying and reporting on all in scope Tax risks. Glasgow ITU consists of 4 teams with 30 staff who perform a number of control / operational functions over a variety of taxes generated by trading activities across multiple divisions including Equity and Derivatives Trading. The team are responsible for 20 Vendor staff (eClerx) who provide support to the processing teams in Glasgow.Primary Responsibilities:

  • Support of the month end sub ledger account reconciliation process.
  • Reviewing risk items with tax impacts and drive remediations.
  • Assist with risk and regulatory reporting requirements.
  • Support the enhancement of the tax control framework.
  • Review of operation wide risk incidents for potential tax impacts and process improvements.
  • This is not an exhaustive list and tasks and responsibilities may change to maintain our high levels of service.
    • Skills Required:
  • High regard for attention to detail, accuracy & quality with strong communication skills
  • Ability to provide clear, concise information on risk, impact and resolution
  • Highly committed, dynamic & self-motivated with professional outlook
  • Ability to grasp detailed concepts quickly
  • Able to critically analyse data and present to management
  • Proactive team player who promotes sharing of knowledge
    • Skills Desired:
  • Basic awareness of tax concepts
  • Awareness of operational risk platform
  • Project management
  • Advanced Excel skills
    • Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise 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. Required skills
  • implementation and governance of the operational risk framework

    • Keyskills :
    implementation and governance of the operational risk framewk

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