Operational Risk Governance Manager (VP)

Morgan Stanley
Morgan Stanley

Budapest, Hungary

Posted on Jul 17, 2026

Shape Risk Governance. Drive Meaningful Change.

Join Morgan Stanley’s Firm Risk Management (FRM) team and play a key role in strengthening non-financial risk governance across a global organization. As an Operational Risk Governance Manager, you will lead risk oversight, governance, and reporting activities while partnering with stakeholders across Risk, Operations, Compliance, and Business Management to enhance the Firm’s risk management framework.

This is an excellent opportunity for professionals with a background in Risk Management, Operational Risk, Controls, Governance, Audit, or Compliance who want to influence strategic decision-making, lead cross-functional initiatives, and make a visible impact in a dynamic international environment.

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:

  • Lead the execution and continuous enhancement of the non-financial risk governance framework across Firm Risk Management

  • Oversee key risk programs, including Risk Assessments, Issues & Actions Management, Operational Risk Incidents, and Control Governance

  • Identify emerging risk themes, perform targeted analysis, and provide actionable recommendations to senior stakeholders

  • Deliver impactful risk reporting and insights that support informed decision-making and strengthen risk awareness

  • Represent FRM in firmwide risk forums and contribute to the evolution of risk management practices

  • Partner with Risk, Compliance, Audit, and Business teams to promote a strong risk and control culture

  • Lead, mentor, and develop team members while driving high-quality execution and continuous improvement

What you'll bring to the role:

  • 5+ years of experience in Risk Management, Operational Risk, Governance, Compliance, Internal Audit, or Controls

  • Strong understanding of risk governance frameworks and non-financial risk management practices

  • Experience managing regulatory or audit-related reviews and stakeholder interactions

  • Excellent communication, analytical, and stakeholder management skills

  • Proven ability to lead projects, influence outcomes, and drive change across organizations

  • A collaborative mindset with a passion for building effective governance and risk management practices

Why join us?

  • Take on a highly visible role with exposure across multiple risk disciplines

  • Influence the evolution of risk governance within a leading global financial institution

  • Partner with senior stakeholders and contribute to strategic risk initiatives

  • Lead meaningful projects with firmwide impact

  • Grow your career in a collaborative, international environment that values leadership, innovation, and continuous development

#AMS #LI-JL1 #BPDBA #LI-hybrid

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.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser.

Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.