Vendor Program Management Associate

Vendor Program Management Associate

Morgan Stanley | New York, NY, 10007, US

Posted a month ago

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Morgan Stanley is a global financial services firm that conducts its business through three principal business segments: Institutional Securities, Wealth Management, and Asset Management. The Analyst position is with Morgan Stanley Bank, NA and Morgan Stanley Private Bank, National Association (US Banks) on the US Banks Vendor Program Management Team.


The Vendor Program Management Associate position is responsible for supporting the US Banks Vendor Program Management Office. The programs framework consists of the following areas of responsibility:

* Provide coordination of the Affiliate Service Level Agreement (SLA) management program, including agreement drafting, periodic cost and service level reviews, meeting minute reviews, and Bank Committee presentations
* Actively lead and partner across organizations in the development, implementation, training and sustainability of a Cloud governance framework
* Plan, perform and follow-up the Cloud data compliance process with the application owners in the context of the Cloud Governance Framework as a prerequisite for the application migrations to Cloud
* Engage with technical process owners to understand technical process steps and guide development of standards, procedures and controls in alignment with policy and the Cloud Governance framework
* Assist with day-to-day support for the Bank's direct and indirect vendors, including the vendor lifecycle from on-boarding, contract reviews, periodic monitoring, risk assessments, expense management and termination
* Ensure appropriate governance of policies and procedures, and the Banks framework adherence to key Office of the Comptroller of the Currency (OCC) regulatory requirements, including Regulation W and Bulletin 2013-29 on Third-Party Relationships
* Support the Vendor Program Manager Officers in weekly, monthly, and quarterly Committees and Sub-Committees related to the Affiliate and Third Party Vendor Management Programs
* Forge relationships across divisions, including Information Technology, Legal & Compliance, Operations, Finance, etc.
* Interfacing with Bank regulators and participating in regulatory discussions


* Bachelors degree in Finance, Business, Information Sciences or other related field
* 1-3 years of relevant experience in risk management, documentation and governance in the financial services industry is a plus
* Strong sense of ownership, accountability, and entrepreneurial spirit
* Strong project management, organization, communication, and analytical skills
* Ability to manage ambiguity and bring focus with recommendations on solving tactical and strategic challenges
* Ability to work in a fast paced environment, both independently and as part of a team, and under strict deadlines
* Strong at identifying key control points within a process, and then provide assessment of the preventative and detective controls
* Strong interpersonal skills - freely develops networks, builds consensus, prioritizes effectively, and develops alliances across organizations
* Familiar with IT in general and Cloud technologies, specifically SaaS, PaaS, IaaS, Public & Private Cloud

This role requires that all successful applicants be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccinations within 3 days of commencement of employment.