# Non-Financial Risk Assessment Associate at Morgan Stanley

Morgan Stanley is hiring a Non-Financial Risk Assessment Associate in Budapest, Hungary. Level rates it Little AI ●○○○; you can [apply on Morgan Stanley](https://jobsbylevel.com/go/c36e0a86-9e2f-41a9-a8d0-e3461e786717?utm_medium=ai-agent).

AI Level 1, AI centrality 36 out of 100. Budapest, Hungary.

## Details

- Company: [Morgan Stanley](https://jobsbylevel.com/companies/morgan-stanley)
- AI level: AI Level 1 (score 36 out of 100)
- Location: Budapest, Hungary
- Posted: October 30, 2026
- Apply: https://jobsbylevel.com/go/c36e0a86-9e2f-41a9-a8d0-e3461e786717?utm_medium=ai-agent
- Free CV review for this job: https://jobsbylevel.com/cv-review?job=non-financial-risk-assessment-associate-at-morgan-stanley-f5892c

## Description

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. 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. Team Profile The Non-Financial Risk Assessment (NFRA) team is responsible for designing, implementing, and maintaining the Firm’s framework for identifying, assessing, and managing non-financial risks. We ensure robust controls are in place to mitigate risks and protect the firm’s reputation and clients. The team partners closely with business units, technology, and risk functions to drive a culture of risk awareness and continuous improvement. The team monitors compliance with minimum standards, provides guidance, training, and support throughout the execution process. In addition, the team co-ordinates completion of the independent risk management review and challenge process. To perform this role successfully, a high level of interaction is required with business areas at all levels of the organization, and internally across Operational, Compliance and Financial Crimes risk. What you'll do in the role: NFRA Program Leadership and Oversight: Facilitate the execution of the firm’s NFRA program, working with business unit and infrastructure teams in the first and second line of defense to ensure consistent execution of the NFRA and compliance with minimum standards. Provide clear guidance, training, and support to users on the NFRA methodology and process. NFRA Program Management: Own key aspects of NFRA program management, including stakeholder engagement, communication of expectations, and delivery timelines. Actively monitor progress, identify execution risks, and escalate issues to ensure timely and effective completion of the NFRA. Risk Identification and Assessment: Collaborate with stakeholders to identify, assess, and document non-financial risks, ensuring that risk exposures are understood and appropriately managed. Quality Assurance and Issue Resolution: Conduct and support independent quality assurance reviews of risk assessments and controls. Identify and escalate thematic issues as needed and partner with stakeholders to drive timely remediation. Data Analysis and Reporting: Analyze risk and control data to identify trends, emerging risks, and control gaps. Prepare insightful reports and presentations for senior management and governance forums. Policy and Framework Enhancement: Contribute to the ongoing development and enhancement of NFRA policies, procedures, guidance, and training materials. Cross-Functional Collaboration: Work closely with cross-functional teams (Operational Risk, Compliance, Financial Crimes, Technology, and other NFR teams) to ensure alignment and successful delivery of risk and control programs. Continuous Improvement: Identify opportunities to strengthen the risk and control environment, leveraging data analytics, process improvements, and industry best practices. What you'll bring to the role: 2-3 relevant years of financial services experience; Big 4/Risk Consulting experience also considered. Hands on experience working with enterprise risk programs, particularly risk, process, and control assessment and validation programs. Strong technical understanding of the financial services regulatory environment, with a focus on Operational, Compliance, and/or Financial Crimes Risk. Excellent communication skills, both verbal and written; ability to tailor communication to technical and non-technical audiences. Capacity to prioritize in a fast moving, constantly changing environment, to handle multiple tasks simultaneously, and work under fast-paced working environment. Advanced Excel knowledge and Data analysis

The description is cut here. Read the full offer: https://jobsbylevel.com/jobs/non-financial-risk-assessment-associate-at-morgan-stanley-f5892c

Source: https://jobsbylevel.com/jobs/non-financial-risk-assessment-associate-at-morgan-stanley-f5892c

## Cite this page

Level. https://jobsbylevel.com/jobs/non-financial-risk-assessment-associate-at-morgan-stanley-f5892c.

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