U.S. Banks Field Operational Risk Officer - Assistant Vice President

Purchase, NY$85k–$140kPosted Jun 24, 2026
Our Insights Personal Finance Market Trends Technology & Disruption Sustainability Diversity & Inclusion What We Do Wealth Management Investment Banking & Capital Markets Sales & Trading Research Investment Management Morgan Stanley at Work Sustainable Investing Inclusive Innovation About Us Core Values Leadership History Locations Diversity Sustainability Giving Back Technology Careers Students & Graduates Experienced Professionals LanguageEnglishFrench Single PositionView All JobsHybridU.S. Banks Field Operational Risk Officer - Assistant Vice PresidentPurchase, New York, United States of America No longer accepting applications.Employment TypeFull timeJob LevelProfessionalYou are required to review the Firm’s Mobility Guidelines on careerhub/ prior to submitting your application to ensure you understand and abide by your obligations under the Firm policy.JOB LEVELAssistant Vice PresidentTIERNAMorgan Stanley (“MS”) is a global financial services firm that conducts its business through three principal business segments—Institutional Securities, Global Wealth Management via Wealth Management (WM), and Asset Management. WM’s network includes approximately 15,000 Financial Advisors with total client assets of over $1.5 trillion. WM provides comprehensive financial advice and services to its clients including brokerage, investment advisory, financial and wealth planning, credit and lending, deposits and cash management, annuities, insurance, retirement and trust services. Morgan Stanley Private Bank, National Association (“Bank” or “MSPBNA”) provides deposit and lending products and services to serve the needs of Wealth Management clients and seeks a Field Operational Risk Officer as part of the Bank’s First Line Operational Risk Organization.  The Field Operational Risk Officer will perform offsite risk monitoring, and onsite education and training of the operational and compliance risks related to the banking and lending activities of Private Bankers and Financial Advisors within the Field Operational Risk Officers’ dedicated region.  The Field Operational Risk Officer will report to the Bank’s Head of Field Risk and will be based in the Purchase (NY) location.The Field Operational Risk Officer will be expected to:Serve as the Bank’s in-field primary resource concerning operational risks related to cash management and lending products and servicesEducate, advise and provide guidance to the field on questions and issues pertaining to products and services offered by the BankPartner with, and leverage firm-wide monitoring groups and tools to oversee cash management and lending activities conducted by employees of the Bank in WM branches, to help ensure compliance with all applicable regulatory rules and all Firm and Bank policies and proceduresConduct daily and periodic monitoring activities and maintain accurate metrics and reporting for U.S. Banks Senior ManagementContribute to the preparation of senior management presentation materialsCreate/Maintain/Own applicable field risk policies, procedures, and control libraries pertaining to the U.S. Banks field risk programTrack and monitor risk indicators and conduct timely escalation of emerging issues to senior managementPrepare and summarize results of offsite monitoringAssist with ad-hoc and annual risk, vetting requests from various partners across Morgan StanleyWork collectively with Field and Bank management to identify, monitor, control and address operational risk-related issuesPartner with and leverage the Firm and Bank’s Operational Risk Team frameworks and programsContribute to the preparation of senior management presentation materialsTravel Expected: 0-15%The Field Operational Risk Manger should have:Bachelor’s Degree or higher5+ years of experience in operational risk management, business management, legal/compliance, banking and lending product risk...

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