Taxonomist, Morgan Stanley, New York NY
Posted April 4, 2014
Job Number:
: 3021092
Posting Date
: Apr 3, 2014
Primary Location
: Americas-United States of America-New York-New York
Education Level
: Bachelor’s Degree
Job
: Operational Risk
Employment Type
: Full Time
Job Level
: Associate
Morgan Stanley’s Operational Risk Department (ORD) is looking to hire a full-time Associate based in New York. The ORD is responsible for partnering with the Business Units and other functional areas as the first line of defense for operational risk management. The ORD is considered the delivery arm of operational risk for the Firm.
The selected individual will be responsible to act as a facilitator for the Taxonomy project. The Taxonomy project is an effort to create a standardized inventory of critical processes, risks and controls across the the firm. This position will require working with business areas at all levels across the Firm, including frequent communication with Business Unit Risk Management, as well as coordination between the Operational Risk Department and Internal Audit, Legal and Compliance, Finance, and regional (Americas, EMEA, Asia ORD) counterparts.
Specific responsibilities would include:
• Perform analysis to understand the current taxonomy, and interact with stakeholders to refine and build out the next generation of the taxonomies
• Resolve issues and assist in the development/definition of the next generation taxonomy
• Coordinate meetings with subject matter experts to elicit feedback/changes to the taxonomy
• Document changes
• Liaise with the Stakeholders to communicate changes and manage data governance
• Coordinate activities, including mapping to secondary taxonomies, enrichment of taxonomies, and abiding by guiding principles
• Handle ambiguity, manage complex processes, and escalate issues as necessary
• Drive team to meet deadlines and deliver top-quality, detailed work product
– Prior experience working in a financial service or consulting firm a plus.
– Advanced knowledge of Microsoft applications such as Project, Power Point, Excel and Word
-Excellent oral and written communication skills and a proven ability to work in a fast-paced and high-pressure environment.
– Ability to actively and proactively engage with key stakeholders (i.e., not afraid to speak up).
-Exceptional organizational skills, a high degree of attention to detail and a penchant for getting to the root cause of an issue.
-Analytical, creative, problem solving mindset. Flexibility is a key element, as the role will require the ability to understand and react to changes in priorities.
-Self-starter execution focused.