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    Greg Fried

    Managing Director, Head of HR Operations at Morgan Stanley

    Professional Background

    Greg Fried is a highly accomplished professional with over twenty years of extensive experience in the field of Human Resources Operations, Compensation, and Workforce Analytics. His impressive career has been predominantly rooted in the financial services industry, where he has held numerous key positions, showcasing his expertise and leadership abilities.

    Currently serving as the Managing Director and Global Head of HR Operations at Morgan Stanley, Greg has successfully led HR Operations and Shared Services functions that encompass a wide range of critical areas. His responsibilities include overseeing US Payroll, Deferred Compensation Operations, Talent Acquisition, HR Compliance Operations, Performance Management, Learning Operations, and much more. Under his guidance, these functions have experienced significant improvements in efficiency and production.

    One of Greg's notable achievements in his role has been the management of a global workforce comprising 120 professionals, including a sizeable 40-person office in Bangalore, India. This leadership role has enabled him to cultivate a diverse and dynamic team, ensuring that their needs are met while steering the organization toward its strategic goals.

    In his pursuit of operational excellence, Greg has re-engineered various business processes, focusing on reducing headcount while simultaneously improving efficiency. His forward-thinking approach has led to substantial expense reductions by evaluating and implementing a global workforce strategy, which involved establishing an office in a low-cost location and making strategic decisions regarding outsourcing and insourcing multiple business processes. This proactive mindset has proven invaluable in navigating the complex landscape of human resources in today’s rapidly changing business environment.

    Additionally, Greg has played a pivotal role in managing compensation expenses and analytics for all segments of Morgan Stanley. His oversight of the Year End compensation and promotion process has ensured that the organization remains competitive and fair in its compensation practices.

    Greg is also known for his innovative approach to designing and implementing compensation plans. These plans include a variety of structures, such as commission-based incentives, revenue targets, global sales plans, and performance-based targets that do not directly tie to revenue. His ability to create tailored compensation strategies has not only motivated employees but has also aligned their performance with the organization’s goals.

    In a testament to his commitment to data-driven decision-making, Greg has successfully designed and built a newly created Data Governance and Business Intelligence team. This initiative reflects his understanding of the importance of utilizing data to inform strategic HR operations and enhance the overall performance of the organization.

    Education and Achievements

    Greg Fried's educational background is as impressive as his professional achievements. He holds a Master of Business Administration (M.B.A.) with a concentration in Finance and Business Management from Fordham University. This advanced degree has equipped him with a robust understanding of financial principles and management strategies, which he has effectively applied throughout his career.

    Greg also obtained a Bachelor’s degree in Industrial and Labor Relations from Cornell University, a program renowned for producing leaders in the field of HR and labor relations. This foundational education has provided him with essential insights into the dynamics between employers and employees, enabling him to address complexities with acumen and strategic foresight.

    Professional Affiliations

    Throughout his career, Greg has been an integral part of Morgan Stanley, holding various esteemed positions. His trajectory within the company includes:

    • Managing Director and Global Head of HR Operations
    • Former Managing Director, Head of Business Unit Compensation and Workforce Analytics
    • Former Executive Director, Head of Investment Management and Wealth Management Compensation
    • Former Executive Director, Head of Wealth Management Compensation and Workforce Analytics
    • Former Vice President, Head of Infrastructure Compensation and Workforce Analytics
    • Former Vice President, Wealth Management Compensation and Workforce Analytics
    • Former Professional, Wealth Management Compensation and Workforce Analytics

    Prior to his time at Morgan Stanley, Greg also contributed his expertise at Capco as a Manager of US Compensation and Benefits, as well as at OSG Ship Management, Inc, where he served as a Compensation, Benefits, and HRIS Analyst. These prior roles have further enriched his experience and solidified his reputation as a leader in human resources and compensation management.

    Achievements

    Greg Fried's extensive body of work is marked by a series of significant achievements that have significantly impacted organizations and teams. His impressive track record at Morgan Stanley encompasses a range of accomplishments within human resources operations, including:

    • Successfully leading a global HR operations team, enhancing operational efficiency and performance through strategic workforce management.
    • Implementing innovative workforce strategies that have reduced costs and improved service delivery across multiple business processes.
    • Designing and executing a comprehensive compensation strategy that aligns with organizational objectives while also being competitive within the financial services industry.
    • Spearheading the creation and development of a Data Governance and Business Intelligence team, allowing for a streamlined approach to data management and analytics within HR operations.

    Greg Fried's dedication to excellence and his vast expertise position him as a prominent figure within the human resources space, particularly in the financial services sector. His multifaceted career, marked by leadership, innovation, and strategic insight, exemplifies the qualities of a true industry leader.

    Related Questions

    How did Greg Fried develop his expertise in Human Resources Operations within the financial services industry?
    What innovative strategies did Greg Fried implement to enhance HR Operations at Morgan Stanley?
    In what ways has Greg Fried contributed to optimizing compensation plans for employees at Morgan Stanley?
    How has Greg Fried's education from Fordham University and Cornell University influenced his career in HR and Compensation?
    What challenges has Greg Fried faced while managing a global workforce and how did he address them?
    Greg Fried
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    Location

    Woodmere, New York, United States