Cyber, Privacy & Resilience Legal Counsel – Vice President

Senior Legal Counsel – Cyber, Technology & Operational Resilience

Shape the legal response to some of the most important technology risks facing financial services

Cybersecurity, operational resilience, data and emerging technologies are transforming financial services and the regulatory environment around them.

We are looking for an experienced lawyer to join our Cyber, Privacy & Resilience Legal team in Budapest, advising across EMEA on complex and fast-evolving cyber, technology, resilience and data matters.

This is a high-impact opportunity for a lawyer who enjoys solving complex problems, working with senior stakeholders and turning regulation into practical business solutions. You will have the opportunity to advise on major regulatory developments, including DORA, NIS2, operational resilience and emerging AI regulation, as well as support the Firm through significant cyber and technology incidents.

You do not need to be a specialist in every area from day one. If you bring strong experience in financial services or another highly regulated environment and have built expertise across several of these areas, we would like to hear from you.

What you’ll do in the role:

As a senior member of the team, you will:

• Advise businesses and senior stakeholders across EMEA on cybersecurity, technology, operational resilience, privacy, data and fraud-related legal matters.
• Provide practical legal guidance on evolving regulation, including DORA, NIS2, UK/EU data protection requirements, operational resilience and emerging AI regulation.
• Play a key legal role during cybersecurity, information security, fraud and operational incidents, advising on regulatory notifications, communications, liability and regulatory engagement.
• Partner with colleagues across Technology, Cybersecurity, Risk, Compliance, Privacy and business teams to turn complex regulatory requirements into workable solutions.
• Support strategic technology and regulatory-change initiatives, including emerging technologies and AI.
• Advise on the collection, use, sharing and transfer of client and employee information, including cross-border data transfers, localisation and banking secrecy requirements.
• Support regulatory investigations, information requests and other complex data-related matters.
• Help shape the Firm’s approach to new and evolving technology and resilience risks across EMEA.

What you'll bring to the role:

We are interested in experienced lawyers who can bring strong legal judgment, commercial thinking and confidence working with senior stakeholders.

You are likely to have:

• Qualification as a lawyer/attorney in Hungary or another relevant jurisdiction, with significant post-qualification experience.
• Experience in financial services or another highly regulated sector, either in-house, in private practice or within a regulatory environment.
• Strong knowledge in one or more areas such as cybersecurity, operational resilience, technology regulation, financial regulation, privacy/data protection or digital regulation.
• Familiarity with regulatory frameworks such as DORA, NIS2, FCA/PRA Operational Resilience requirements and/or GDPR.
• Experience advising on cyber, security or operational incidents, or a strong understanding of incident response and regulatory notification requirements.
• The ability to translate complex regulatory requirements into clear, concise and practical advice.
• Confidence engaging with senior stakeholders and working across legal, technology, risk and business teams.
• Strong written and verbal English communication skills.
• Knowledge of the EU AI Act, ICT risk, outsourcing/cloud regulation, fraud regulation or similar emerging areas would be an advantage.
• An IAPP qualification or technical knowledge of information security would also be valuable, but is not essential.

Why join us?

This is an opportunity to take on a genuinely international and evolving legal remit from Budapest, working at the intersection of law, financial services and technology.

You will gain exposure to:

• complex and high-profile cyber and operational incidents;
• evolving European technology and resilience regulation;
• emerging areas including AI and digital regulation;
• senior stakeholders across an international organisation; and
• multidisciplinary teams spanning Legal, Technology, Cybersecurity, Risk and Compliance.
• You will join a collaborative environment where your expertise and judgment can have a visible impact.

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.

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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.

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