Department Profile

Legal and Compliance

Legal & Compliance Division (LCD) comprises of Legal, Compliance, Global Financial Crimes and Regulatory Relations.
The Legal Department provides guidance, requirements, and procedures for understanding and complying with the laws, regulations and Firm policies that apply to our businesses.
The Global Compliance Department identifies applicable Compliance Obligations and maintains a Firmwide Compliance Risk management program, including Compliance Risks that transcend business lines, legal entities and jurisdictions of operation.
Global Financial Crimes is responsible for the development and governance of the Firms financial crime prevention efforts across all regions and business units. Global Financial Crimes is comprised of the Anti-Money Laundering (AML), Sanctions, Anti-boycott, Anti-Corruption (ACG), Government, and Political Activities Compliance (GPAC) programs.
The Global Regulatory Relations Group (GRRG) is responsible for strategic and centralized management of the supervisory activities of Morgan Stanleys regulators and related developments globally, with a focus on regulatory reviews and examinations and continuous monitoring activities. GRRG serves as the central point of contact for the regulatory staff responsible for supervisory activities at Morgan Stanley entities and for timely reporting to Firm management and other governance or management bodies, as appropriate, on those relationships and supervisory processes, including areas of significant regulatory focus or concern.

LCD Center of Excellence Mumbai (LCDCoE) is a part of Morgan Stanleys Global In-house Center, which provides global support to LCD and is an integral part of Firm and LCD strategyPrimary Responsibilities

The candidate will have several areas of responsibility including, but not limited to, the following:
Executing compliance tests (audits) on topics assigned by EMEA Compliance Testing team
Analysis of regulations and internal policies/rules for each test topic
Conducting tests related to transactions and other documentation for compliance with the relevant regulations and policies/rules
Conducting / participating in walkthroughs / interviews with business employees responsible for a particular area
Ensuring detailed documentation of test work-papers
Drafting reports on tests completed
Responding to test quality assurance queries from regional Compliance Testing teams
Identification of areas requiring attention or findings and assessment of relative risk
Presentation of findings and recommendations to Compliance Managers in the Regional Compliance Testing Teams
Helping to follow-up on review findings until resolution

Skills required (essential)

The ideal candidate will have 8+ years audit experience at a financial institution
Excellent communication skills - written and oral.
Experience in Compliance Testing or Internal Audits
Experience in interpreting laws or regulations
Excellent time management skills, attention to detail and ability to execute tasks within tight deadlines
Ability to facilitate meetings among stakeholders with diverse points of view
Good interpersonal skills and ability to work effectively with colleagues across regions and Business Units
Has the ability to perform data analysis

Skills desired
Has the ability to effectively handle a fast-paced environment and successfully meet established deadline requirements
Ability to research and resolve issues independently while working across teams to acquire information
Be self-motivated and must have the ability to work independently
Knowledge of global markets / market regulations / investment banking functions
Industry qualifications - CA / CPA / CIA or similar certification

Coverage

Monday to Friday from 11.30AM to 8.30PM. Coverage is dependent on business needs so flexibility on required finish time or full days coverage may be required during some Indian holidays.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talents.