Product Governance - Wealth Management (Manager/Senior Manager)

Morgan Stanley
Sydney, Australia
24 Jun 2022
16 Jul 2022
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
About The Company
Morgan Stanley is a global financial services firm and a market leader in investment banking, securities, investment management and wealth management services. With offices in more than 43 countries the people of Morgan Stanley are dedicated to providing our clients the finest thinking, product and services to help them achieve even the most challenging goals.

About The Division
This role sits within the Australian Wealth Management Risk Team and the key function is to assist managing, overseeing and developing the Product Governance and Suitability Risk Frameworks for the firm, as well as identifying, escalating and managing Product and Suitability Risks.

About The Role
• Assist in the management, analysis and development of the Product Governance framework.
• Assist in analysing, assessing and supervising Product and Suitability Risk for the Firm.
• Assisting with new business initiatives and product approvals.
• Co-ordination and maintenance of the Approved Product List.
• Analysis and due diligence of client books of proposed new FA hires.
• Reviewing and approving new products as part of the Capital Markets Committee.
• Management of suitability reviews of various products.
• Ongoing review and performance of tasks relating to compliance with the Product Governance Policy of the business.
• Contribute to and assist with the Product & Investment Risk Committee as a member of the committee.
• Ensure standardisation and consistency in risk management policies and procedures applicable across the business relating to product and suitability risk.
  • You need to sign in to save