Risk And Control - Associate - Core Services

Mumbai, IndiaPosted Jun 29, 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 JobsHybridRisk And Control - Associate - Core ServicesMumbai, Maharashtra, India 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 LEVELAssociate (Professional)TIERP2We're seeking someone to join our team as an Associate in Firmwide Operations division to oversee the Risk and control operations of core reconciliations. The specialist accomplishes this through internal risk metric reporting, incident management, InfoSec/system entitlement program and department/internal reviews of testing & audits. In the Operations division, we partner with business units across the Firm to support financial transactions, devise and implement effective controls and develop client relationships. This is an Associate position within Core Services, which is responsible for performing and managing product-agnostic and centralized operational services across several businesses and products. Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.What you'll do in the role: Ensure all reconciliation processes are supported by documented, current, and compliant proceduresDrive improvements in control design and execution efficiencyEnsure alignment with regulatory requirements and internal policies Collaborate with internal teams (Risk, Finance, Operations) and global stakeholdersParticipate in risk forums / governance meetings and present issue summariesCommunicate key developments, exceptions, and risks proactively to managementProvide structured updates on BAU performance and project deliverables Identify automation and process enhancement opportunities within reconciliationsSupport transformation initiatives (e.g., system migrations, control standardization)Contribute to improving operating models, efficiency, and scalability of reconciliation processesWhat you'll bring to the role:Strong analytical and problem-solving capability, Strong Excel skills inclusive of large data management, Pivots and formulas such as VLOOKUP'sHigh attention to detail with focus on accuracy and control discipline. Effective communication and stakeholder management skillsStrong time management and ability to work in high-pressure environments. Proactive mindset with ownership and accountability for outcomesUnderstanding of operational risk and control frameworks. Ability to identify, escalate, and remediate control gapsExperience in exception management, root cause analysis, and issue tracking. Focus on governance, process discipline, and regulatory complianceKnowledge of financial products (Equities, Fixed Income, Commodities). Familiarity with reconciliation platforms / operational systemsAwareness of regulatory environments impacting client assets and reconciliationsStrong adherence to control framework and zero control breaches. Improved turnaround time for exception resolutionEnhanced quality and consistency of vendor deliverables Successful delivery of control enhancements and automation initiativesWHAT YOU CAN EXPECT FROM MORGAN STANLEY: At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them...

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