U.S. Banks Conduct Risk Analyst

Company Overview

Morgan 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, retirement, and trust services.

About the Role

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 Conduct Risk Analyst as part of the Bank’s First Line Operational Risk Organization. The Conduct Risk Analyst will perform day-to-day oversight of Bank employees to identify and monitor for potential conduct risk activity. The Conduct Risk Analyst will report to the Bank’s Conduct Risk Officer and will be based in the Purchase (NY) location.

Key Responsibilities

• Conduct daily and periodic monitoring activities and maintain accurate metrics and reporting.
• Escalate potential internal policy violations and conduct-related concerns for secondary review and handling.
• Monitor and prepare periodic reporting on Conduct Risk related activities for the Bank’s First Line Operational Risk Organization.
• Assist with ad-hoc requests from the Bank’s Conduct Risk Office to support various Conduct Risk initiatives, proactively identifying risks and ensuring appropriate supervision.

Requirements

• Strong organization skills with the ability to execute in a fast-paced, high-demand environment while balancing multiple priorities.
• Ability to work independently and with team members under tight deadlines.
• Strong analytical and problem-solving skills (critical thinking ability).
• Excellent written and verbal communication skills, attention to detail, and strong time management skills.
• Proficiency in MS Office applications (e.g., Word, Excel, PowerPoint, SharePoint).

Qualifications

• Bachelor’s Degree or higher.
• 1–3 years of experience in operational risk management, banking and lending product risk advisory, or internal audit is preferred.
• Understanding of the Financial Services industry (e.g., Private Banking, Retail Banking, or Wealth Management) is preferred.
• Knowledge of lending and deposit product risks, including risks related to residential mortgages, securities-based lending, and deposits is a plus.