Executive Director - Market Risk COO

Overview

Firm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, operational, model and other risks. The Executive Director - Market Risk COO role sits in FRM Market Risk. Market Risk Management Division (MRD) independently identifies, analyses, reports and escalates market risk across EMEA, providing robust challenge to the business.

Primary Responsibilities

• Partner with the EMEA & UK Head of Market Risk to set and drive the department's operating agenda, governance and execution discipline.
• Create crisp leadership materials (business plans, offsites, townhalls, Board and senior management updates).
• Lead and coordinate priority change across MRD (strategic initiatives, regulatory deliverables, remediation).
• Own delivery of the EMEA MRD Non Financial Risk Assessment (NFRA), aligning with global and regional partners.
• Manage the Budapest MRD COO team; connect execution across the global MRD COO network.
• Run the people agenda; workforce planning, onboarding/offboarding, training, talent development and headcount governance.
• Own audit readiness and control testing; drive timely, sustainable closure of findings.
• Strengthen the MRD policy and procedures framework to keep pace with business, regulatory and operating model change.
• Own the EMEA MRD outsourcing framework, ensuring governance, oversight and regulatory compliance.
• Own EMEA MRD budget planning, forecasting and cost discipline.
• Lead Business Continuity planning for the region, meeting firmwide standards and local requirements.
• Act as EMEA MRD Security Officer, maintaining entitlements and access controls within the market risk governance framework.

Qualifications

Experience Bachelor's degree (or equivalent). 5+ years in risk management/COO, preferably within market risk or a front office risk function. Proven self starter with strong judgment; comfortable operating with ambiguity and driving outcomes. Excellent communication and stakeholder management across senior risk, business and control partners. Highly structured and detail oriented; able to translate complexity into clear, concise outputs (advanced Microsoft Office skills). Strong prioritisation in a fast paced environment, balancing multiple senior driven deliverables.

Certifications & Regulatory Requirements

Certified Persons Regulatory Requirements: If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible Work Statement

Flexible working opportunities are available. Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Benefits and Compensation

We offer attractive and comprehensive benefits and perks in the industry. Ample opportunity to move within the business for those who show passion and grit in their work.

Equal Employment Opportunity

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents. For more information, please visit: