Morgan Stanley Risk and Control Manager salaries in Mumbai

Likes

1.Great to join if you are early in your career. 2. Salary & Increments are fine.

Dislikes

They follow a very rigid hierarchy structure. Seniors make opinions based on the views from their 1 downs. You can have all the valid points in the world but no one will take your opinion if you are a junior. 2. Too much importance is given if something is said by an onshore personal. Valid points are not a consideration then.

Likes

Pay and perks are good.

Dislikes

Mid level managers in model risk management are incompetent, incapable of doing any hands on. Senior management cannot tolerate criticism No work ethics. Credit is often not given to the deserving person. Promotions are manipulated for personal propaganda.

Likes

Salary and pay standards are good. The policy and procedure work is organised and helpful.

Dislikes

Hypocrisy on the culture values quoted and practiced. The usa counterparts are very random in their behavior. No sense of team ownership. Indian staff is treated like a contract labour. This can very specific to my experience, so don't generalize.

Likes

Yhey give you good package if you are onroll, but if you are on contract then don't expect much.

Dislikes

If you are in probation, the HR does not listen to your side if your probation is extended. In my case & colleague, our probation was extended from 3 months to 6 months, after that instead of confirming probation they gave us reason that performance is not satisfactory even working hard & extending shifts. We were asked yo leave the firm, & HR does not have any role in it. They do not take part in it, once decision is made by manager. They don't put you in any other process, but simply ask to leave. Me & my colleague we both joined with a time difference of 2 weeks & both of us were not confirmed & asked to leave. Work culture is not good. Feedback & training was not give properly. Just a organisation for its name but policy are worst.

Likes

High exposure to onshore team. Decent bonus payout. US MNC culture so beyond a point professionalism is adhered.

Dislikes

Highly incompetent VPs and Top management. Wrong hires across top management. No visibility for team expansion. High disregard to women when it comes to maternity or otherwise. But large emphasis on diversity, highly contradictory.