Job ref no.: CT3119652-01#0683

Vice President, TPPM Asia Regional Coverage

Morgan Stanley

About Third Party Program Management

The Third Party Program Management (TPPM) group is a dedicated First line of Defense (LoD) function within Reengineering & Expense Management (REM) and the Finance division, established to more effectively manage risks associated with Morgan Stanley's use of internal and external Third Parties to provide goods and services. TPPM is part of REM alongside Accounts Payable and Firmwide Sourcing.

TPPM's key objectives are:
Enable a firm-wide Third Party Risk Management (?TPRM?) program based in 1st LoD
Implement a firm-wide TPRM strategy, processes and tools
Execute due diligence and ongoing monitoring
Implement clear, consistent information and reporting to identify, measure, monitor and manage firm-wide risks
Maintain compliance with regulatory requirements

The Position
Role: Vice President, TPPM Asia Regional Coverage
Location: Hong Kong
Reports to: Executive Director, TPPM Asia Regional Lead
Scope: Third Party risk management , including outsourcing for Asia



The role will be responsible for working directly with the Executive Director, TPPM Asia Regional Lead to facilitate implementation and enforce consistent compliance with the Firm's TPRM Framework in the region. In this role, the successful candidate will lead Regional Coverage Managers to support Morgan Stanley's Business Units and support functions to manage Third Party risks and maintain all Third Party arrangements in compliance with the Firm's internal policies, external rules and relevant regulations on all aspects of the Third Party and outsourcing risk management.

Specific responsibilities include:

  • Acts as a point of contact on all aspects of Third Party and outsourcing risk management in the region
  • Supports Morgan Stanley?s Business Units and support functions in managing Third Party risks in accordance with the Firm's TPRM Framework, coordinating with other functional and regional TPPM teams as required; partner with 2LoD, including Legal and Compliance departments, as required
  • Supports the Asia Regional Lead in partnering with other TPPM global, regional and functional leads to: (i) ensure global Framework is fully embedded across the region; (ii) oversee the Firm?s adherence with global and regional regulatory requirements and industry best practices (iii) share regional best practice
  • Drives the communication efforts and builds a strong stakeholder engagement model to promote the TPPM in the region and support the firmwide change management on behalf of the Regional Lead
  • Participates in Third Party Governance Committee (TPGC) and Asia Pacific Outsourcing Governance Committee (AP OGC)
  • Works with the Asia Regional Coverage Managers to identify and escalate risk issues or material change to the Regional Lead and other TPPM stakeholders as required
  • Maintains an in-depth understanding of the Firm's operations, outsourcing environment, industry knowledge and regulatory changes in Asia, particularly in Hong Kong, Singapore, Japan, Australia, India, China, Taiwan, South Korea and Indonesia; keep the global team apprised of Asia perspectives
  • Identifies and manages inter-dependencies with local initiatives, including Recovery and Resolution Planning and Operational Resilience, with an objective to leverage and consolidate people, process and technology components to optimize risk management in both BAU and resolution
  • Supports the Regional Lead in review and measuring Asia team?s achievements against defined metrics to assess effectiveness of the organization
  • Delivers training with respect to BU roles and responsibilities and TPPM processes (i.e., appropriate supporting groups, inventory/tracking, strategy, etc.) in Asia
  • Builds solid working relationships with Business Unit stakeholders to promote awareness of the TPPM and the Firm's TPRM Framework in Asia

The successful candidate will have good experience in Third Party and outsourcing risk management roles for Banking or Financial Services organizations. More specifically, qualifications ought to include:

  • 7+ years of experience in working with global teams in a fast-paced environment with a demonstrated ability to meet goals and deadlines
  • 5+ years? experience in Third Party and outsourcing risk management in Banking or Financial Services organizations
  • Good understanding of Third Party and outsourcing risk regulatory landscape in Asia (incl. Hong Kong, Singapore, Japan, Australia, India, China, Taiwan, South Korea and Indonesia) is required
  • Strong organization skills with the ability to multitask and prioritize; ability to work under pressure and to tight deadlines
  • Strong project management skills, including ability to coordinate with cross-functional teams with varied backgrounds and skills
  • Proven ability to lead, influence, train, coach, motivate others and demonstrated ability to enforce accountability to drive results
  • Excellent communication and presentation skills and proven ability to effectively interact with team members, clients, and peers, earning their trust and establishing credibility
  • High energy level, intelligence, maturity and unquestionable integrity with a team orientation
  • Proficient in Microsoft Word, Excel and PowerPoint
  • Master's degree or equivalent combination of training and experience
  • Proficiency in English; Mandarin and/or Japanese would be an advantage

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More job information
Job ref no. CT3119652-01#0683
  • N/A
Job Function
Employment Term
  • Full-time
  • 12 years
Career Level
  • Senior management level
  • Master's degree