Sr. Associate Operational Risk - Fixed Income Division Division: Fixed Income Division Job Title: Sr. Associate Location: Mumbai Job Level: Full time Company Profile Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture. Department Profile The Fixed Income Division is comprised of Interest Rate and Currency Products, Credit Products and Distribution. Professionals in the Division assess and actively manages risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets. The Commodities Division is a market leader across a broad range of commodities markets, with expertise in areas including client risk management, financing solutions and investor products Sales & Trading From the largest global institutions to innovative new hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instruments including stocks, bonds, derivatives, foreign exchange, and commodities. Our professionals provide liquidity and content to clients around the world, actively assessing and managing risk, trading securities, and planning and executing transactions in the fast-changing markets. As the needs of our clients become increasingly complex, we often develop customized solutions. Background on the Team The FID Ops Risk team is involved in number of activities that include Operational Risk Incident Reporting, BCP, Risk and Control Self-Assessment (RCSA), Control Testing and Validation, Reporting, conducting, and monitoring various committees. The team is also involved in activities that are run globally. The team covers UK and Partly US hours. Primary Responsibilities The role will require a fast-learning, dynamic, proactive, and self-motivated person to assist the team in: Assist with data collection, compilation, system extracts. Work with seniors within the team on raising access and entitlement requirements. Following specified procedures for different applications throughout the day and ensuring delivery within established SLAs. Maintain procedures database for reference. With respect to the Risk Control Self-Assessment (RCSA) / CILA Controls/ ORI events- TIRED and RECAP assisting with data extracts, data comparison, gathering materials as required. Assisting with follows ups and closure of triggers with respect to the FID Ops Risk system. Performing and executing the Risk Control Self-Assessment (RCSA) for the Fixed Income Division globally. Closely monitor Front line errors/Ops Risk incidents and record the same appropriately in TIRED and RECAP systems. Be SPOC for Business Continuity Planning for FID vertical; draw out testing plans. Put together operational risk committee decks (global) Perform validation of control triggers and closely monitor key controls. Raise report enhancement requests in forums. Work with seniors to ensure SOP's/ processes are in place for the team.