Managing Director, Technology Solution and Risk Management - Parametric

ABOUT MORGAN STANLEY
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in more than 41 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals. For further information about Morgan Stanley, please visit ;br>
ABOUT PARAMETRIC
Parametric is part of Morgan Stanley Investment Management, the asset management division of Morgan Stanley. We partner with advisors, institutions, and consultants to build portfolios focused on what's important to them and their clients. A leader in custom solutions for more than 30 years, we help investors access efficient market exposures, solve implementation challenges, and design multi-asset portfolios that respond to their evolving needs. We also offer systematic alpha and alternative strategies to complement clients' core holdings.

This role is part of Parametric's hybrid working model, which includes working in the office 3 days a week and choosing to work remotely or in the office the remaining days of the week.

ABOUT THE ROLE
The Managing Director, Technology Solution and Risk Management is responsible for the teams that design effective technology-centric solutions and manage technology risks in the organization. The Managing Director is responsible for designing effective, technology-centric processes and solutions that span across the platform that are efficient and support multiple asset classes and investment styles. The role will work with investors across asset classes as well as technology leaders to identify business priorities and design technology flows that improve business processes while increasing consistency across the technology platform. In this role, the Managing Director will develop the appropriate software strategy, striking a balance between: (1) Alignment with the growth objectives of the business; (2) Integrating Parametric disparate investment system processes; and (3) Designing strategic efficient and scalable solutions. Additionally, the Managing Director is responsible for working with Morgan Stanley integration, risk and audit partners on processes that identify, assess and mitigate potential risks associated with the use of technology in the organization.

This role encompasses several key teams in Parametric technology, including the Platform Solution Management (PSM) team, Technology Risk and Audit Support, Application Support and Automation Engineering, and Business Continuity and Disaster Recovery team.

Each of the teams under the Managing Director's purview is led by an Executive Director who reports directly to the Managing Director. These Executive Directors are responsible for the day-to-day operations and strategic direction of their respective teams, ensuring alignment with the overall objectives set by the Managing Director. This structure allows the Managing Director to focus on overarching strategic initiatives and cross-functional integration, while the Executive Directors manage the execution of specific projects and initiatives within their domains. This leadership model fosters a collaborative environment where each team can leverage its expertise to contribute to the organization's success.

Below is an overview of each team, highlighting their specific roles and contributions to the organization's technology and risk management strategy.

The Platform Solution Management (PSM) team at Parametric:

• Is responsible for defining and enabling cross platform business solutions that meet the needs of clients over time. Solutions are products, services or systems that provide value to the client, whether internal or external to the PPA enterprise.
• Sitting at the intersection of business, clients and technology, the team collaborate with multiple departments to understand solution context and define the solution vision, intent, roadmap and capability set.
• This team manages changes to the solution vision or roadmap based on enterprise objectives and strategy
• The Technology PMO sits within this team and is responsible for technology execution and delivery

Members of the PSM team are responsible for working skillfully across the organization to produce

• Solution Vision, which entails defining:
  • what we are solving for
  • end-to-end user/customer journey or lifecycle
  • personas, their skills and needs
  • high level outline of a solution that addresses their needs
• Solution Intent (in collaboration with Business Architecture function), which entails defining:
  • nomenclature for data and capabilities required to meet business objectives, this is critical to establish common language across business and technology
  • capability roadmap as well as migration paths and milestones when going from current state to future state
  • overall non-functional requirements that are key metrics required for new system to capture and track
• Align technology design with target operating model (business, operations) that complement evolution in systems
• Execution planning, dependency tracking and risk mitigation for development

The Technology Risk Management and Technical Integration teams at Parametric encompass the following functions and teams:

• Technology Risk and Audit Support
• Application Support and Automation Engineering
• Business Continuity and Disaster Recovery

Members of the Technology Integration, Risk and Audit Support team drive the following activities:

• Risk Identification: work with Morgan Stanley partners to recognize potential threats and vulnerabilities within the technology infrastructure, including hardware, software, networks, and data.
• Risk Assessment: work with Morgan Stanley partners in evaluating the likelihood and potential impact of identified risks, often using a framework to prioritize which risks require the most immediate attention.
• Risk Mitigation: Develop and implement strategies to reduce or eliminate the identified risks, such as implementing security controls, updating systems, and training staff.
• Monitoring and Review: work with Morgan Stanley partners to continuously monitor the effectiveness of risk management strategies and make adjustments as needed, ensuring ongoing protection against evolving threats.
• Ensure alignment with the parent company's technology and operational governance framework, policies, and standards.

Members of the Application Support and Automation Engineering team drive the following activities:

• Application Support and Incident Response: Facilitate application releases and monitor production performance of applications. Function as an L1/L2 point of escalation for all systems related questions. Manage established procedures for responding to production incidents, minimizing damage, and restoring normal operations. This team is global in nature with time zone coverage spanning N. America, Europe and Asia
• Automation Engineering: is responsible for identifying and responding to process improvement, development, enhancements and support of automation processes across Parametric.

Member of the Business Continuity and Disaster Recovery team drive the following activities:

• Develop, implement, and maintain the organization's Business Continuity, Disaster Recovery (BC/DR), ensuring alignment to broader parent policy and governance, alignment to industry best practices and regulatory requirements.
• Creates and modifies guidelines, planning documents, budgetary requirements, risk assessments and incident metrics and risk matrices.
• Assess and monitor the resilience of third-party vendors and service providers critical to business operations.
• Develop and enforce vendor management frameworks, ensuring alignment with contractual obligations, performance metrics, resilience standards corporate policies, regulatory requirements and standards.

• Oversee the incident management framework, ensuring rapid identification, escalation, and resolution of all S3+ incidents - to include physical life safety, cyber, and technology.
• Collaborates with Morgan Stanley business continuity resilience Fusion partners.
• Acts as the senior leader during major incidents, driving effective communication and resolution to minimize business disruption.
• Perform root-cause analysis (RCAs) post-incident to identify trends and implement preventative measures.

PRIMARY RESPONSIBILITES

• Engage with stakeholders at affiliated companies on strategic technology integrations, risk and audit efforts.
• Engage with external clients on technology collaboration and integration efforts.
• Map out overall business process flows for technology platform across Core Services, Investments and Digital.
• Work with Portfolio Managers and Traders internally to identify ways to streamline their current investment process.
• Help development teams like Digital or Core-platform accelerate projects including specifying data flows for data related to risk and analytics.
• Participate in the leadership of the Technology & Operations team as we aim to increase employee engagement, enablement, diversity and inclusion.
• Work closely with Parametric's technology team to ensure that the investment team's technology initiatives are closely aligned with the firm's broader strategic technology initiatives.
• Ensures that software solutions remain integrated, efficient, and appropriate for a highly regulated industry.
• Understand and guide effective implementation and adherence to SOX controls, legal regulations, and compliance requirements; seeks input and guidance when needed
• Ensure all areas of direct responsibility operate consistently within the context of the corporate mission and strategic plan.
• Ensure Parametric technology teams are operating within policy
• Ensure Parametric has a robust and risk controlled operating environment as it applies to continuity of operations
• Ensure Parametric provides 24X7 support for Parametric's technical environment including all custom built and third party tools in use

JOB REQUIREMENTS

• Bachelor's degree in Computer Science
• 15+ years of experience, preferably within the asset management industry, with a strong understanding of Fixed Income, Derivative, and Equity assets, along with a deep understanding of related risk and analytics.
• 10+ years engaging with compliance, controls and or regulatory bodies to manage the risk broadly for a technology organization
• 10+ years of experience working closely with technology teams to deliver, scalable enterprise solutions for the Asset Management Industry.
• 10+ years of experience engaging with senior leadership internally as well as at external clients to understand client needs, define solutions and manage ongoing strategic relationships.
• Experience supervising and guiding teams in technology product management and/or business analysis to define technology solutions.
• Proven track record of becoming a subject matter expert in areas related to current assignments.
• Strong leadership skills including:
  • Vision and strategy
  • Influencing and consensus building
  • Communication
  • Total quality commitment
  • Ownership and accountability
  • Project management
• Successful track record of development and implementation of an innovative strategic vision and plans, and competence in building strategies to deliver technology to meet business goals and objectives. Ability to transform strategy into plans and delivery.
• A creative, self-confident self-motivator with a "can do" orientation, along with the ability to function both independently and as a member of a team. Can work well in a fast paced entrepreneurial environment.
• Passionate, forward thinking and creative individual with high ethical standards and integrity.
• Ability to collaborate and partner as a business professional. The ability to facilitate, gain compromise and/or consensus within diverse teams.
• Assertiveness balanced with a sensitivity toward and concern for people. The ability to create strong work ethics and committed teams, foster open dialogue, and promote individual and team success.
• Superior written and verbal communication skills in customer and internal environment.

Parametric believes each member of our organization makes a significant contribution to our success. That contribution should not be limited by the assigned responsibilities. Therefore, this job description is designed to outline primary duties and qualifications. It is our expectation that every member of our team will offer his/her/their services wherever and whenever necessary to ensure the success of our client services.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients - helping them reach their goals. We do it in a way that's differentiated - and we've done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work.

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Salary range for the position: $300,000 - $400,000/Yr. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit's incentive compensation plan, which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 30 Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings.

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).