Director, Information and AI Governance

About Morgan Stanley

Morgan Stanley is a leading global financial services firm offering a wide range of investment banking, securities, investment, and wealth management services. The Firm's employees serve clients worldwide from more than 1,200 offices in 43 countries, assisting in the management of legal, regulatory, and franchise risk within the Legal & Compliance division.

What You'll Do as a Director, Information and AI Governance

As a Director, Information and AI Governance in New York, New York, you will play a crucial role in implementing Morgan Stanley's Information and Data Compliance program, with a primary focus on Artificial Intelligence/Machine Learning (AI/ML) governance. Your responsibilities will include:

• Helping implement the Information and Data Compliance program, focusing on AI/ML governance.
• Advising on applicable governance processes, controls, policies, and procedures, ensuring they meet regulatory requirements.
• Reviewing, drafting, and providing support for new and existing policies and procedures.
• Supporting the Firm's responses to relevant exams, regulatory inquiries, and enforcement actions.
• Helping develop and conduct regulatory training for employees, including instruction on regulatory changes.
• Keeping abreast of industry trends, emerging risks, and monitoring regulatory focus areas to inform internal stakeholders.
• Helping define and implement the Firm’s adoption of AI and Gen AI strategies.
• Helping establish and implement the governance framework for the onboarding, testing, and ongoing monitoring of AI and Gen AI models.
• Helping establish a risk-based framework for the review and signoff of Gen AI use cases by Control Functions in AI Governance.
• Coordinating the review process of AIML use cases by relevant control functions.
• Performing periodic monitoring checks to ensure adherence to governance policies and procedures.
• Collaborating with Compliance testing groups.
• Communicating relevant AI governance updates and developments to senior management in a timely and actionable manner.

Telecommuting is permitted up to two (2) days per week.

What You'll Bring To The Role

To succeed in this position, you will need a strong background in risk management and compliance, specifically with a focus on AI and data governance:

• A Master’s degree in Enterprise Risk Management, Finance, or a closely related field of study.
• Two (2) years of experience in a position such as Director, Information and AI Governance, Director, Risk/Policy Management, or a closely related occupation.
• Two (2) years of experience in each of the following areas:
• Providing oversight of regulatory mandates around Compliance and Risk governance, including NIST frameworks and Regulator rules and notifications.
• Performing assessment of Risks and Control environment.
• Developing Key Performance Indicators and metrics.
• Performing advanced data analysis to create senior governance committee reports.
• Providing advice and guidance to the business and control functions on governance and oversight structure.
• Creating reporting guidance and cadence to satisfy business and control functions' responsibilities around timely communication and escalation of issues.
• Performing periodic monitoring checks to ensure business and control functions are adhering to governance policies and procedures.
• Defining roles and responsibilities for various Lines of Defense to prevent, manage, and mitigate risks.
• Driving senior management reporting and materials.
• Collaborating with stakeholders and partner functions to execute risk management principles, tolerance, and mandate.

What You Can Expect From Morgan Stanley

At Morgan Stanley, we raise, manage, and allocate capital for our clients, helping them achieve their goals. Our values – client-first approach, integrity, innovative ideas, commitment to diversity and inclusion, and giving back – guide our daily decisions. You will find an opportunity to work alongside bright, supported, and empowered individuals in a collaborative environment fueled by diverse backgrounds. We offer attractive and comprehensive employee benefits and perks and ample opportunities for career growth within the firm.

Key skills/competency

• AI/ML Governance
• Data Compliance
• Regulatory Affairs
• Risk Management
• Policy Development
• NIST Frameworks
• Gen AI Strategies
• Stakeholder Collaboration
• Data Analysis
• Compliance Testing