Department Profile
The EMEA Legal and Compliance Department is charged with day-to-day oversight and coordination of the Firm's compliance with core regulatory requirements covering all businesses including Institutional Sales and Trading (fixed income, commodities and equities), Investment Banking, Global Capital Markets, Research and Investment Management across the EMEA region.

Team Profile
Regulators and exchanges continue to enhance their monitoring and oversight of the financial sector. One outcome of these enhancements is that requests for information from regulatory bodies have increased in number, scope and complexity. Morgan Stanley has established a dedicated regulatory enquiries function to coordinate the Firm's response to these requests.

The focus of the role will be to work closely with a senior team member and the function head, collaborating with stakeholders across the Firm, to review and respond to requests from regulators and exchanges pertaining to EMEA business lines for trading and other information.

Additionally, part of the role will be supporting the EMEA Institutional Securities Group Trade Surveillance team in executing parts of the trade surveillance program. This program covers designing, implementing and operating a range of automated surveillance controls to detect and report market abuse and other misconduct risks across the Firm's businesses.

What you will be doing:
Reporting functionally to the EMEA Head of Regulatory Enquiries (London-based), the successful candidate will be based in Glasgow.
- Review and respond promptly to enquiries related to the EMEA Institutional Securities and Investment Management business units.
- Ensuring all enquiries are recorded in the central repository.
- Work closely with colleagues in Trade Surveillance (located in Glasgow, London and offshore) to perform risk management due diligence on enquiries.
- Overseeing or conducting the daily surveillance of equities, derivatives, fixed income and commodities trading to monitor for compliance with regulatory and exchange requirements.
- Resolving escalated alerts appropriately and promptly, documenting results clearly and escalating possible exceptions as appropriate, including reporting STORs to the UK FCA or other competent authorities as required.
- Assisting in the delivery of surveillance related projects or initiatives.
- Conduct data analysis and work closely with colleagues in business-line Compliance coverage, Operations and Technology to understand trading flows in order to respond to detailed queries.
- Draft clear and concise tailored responses to bespoke, sometimes complex, requests.
- Liaise with regulators and exchanges to clarify requests and communicate responses.
- Ensure responses to enquiries are managed and sent in a timely manner.
- Support offices in other EMEA countries on enquiries received from local regulators.
- Coordinate with senior stakeholders in Business Control Unit, Compliance Management, Legal, Regulatory Relations and Global Financial Crimes to escalate significant matters as appropriate.
- Assist in the production and enhancement of MI reporting.
- Assist in the delivery of ad-hoc projects or initiatives.

What we're looking for:
- Excellent communication skills; able to communicate clearly, concisely and effectively, both in person and in writing, to a range of stakeholders at all levels.
- Strong organisation, prioritisation and well-developed execution skills; capable of managing competing deadlines and prioritising a varied workload.
- Excellent attention to detail.
- Strong analytical skills; experience of analysing large data sets to identify patterns, potential anomalies and other exceptions.
- Able to build strong working relationships with key stakeholders across Compliance, Legal, and Business Control Unit, including staff based in other offices/countries.
- Ability to work well in a team as well as autonomously to meet regulatory deadlines; proven ability to succeed as part of a team operating from multiple locations.
- Working knowledge of a range of asset classes and associated rules and regulations.
- Risk identification; able to assess the context and specifics of a matter to determine whether it may present broader concerns.
- Natural sense of curiosity and willingness to question the information provided to deliver a challenge process and ensure responses are complete and accurate.
- Enthusiasm and aspiration to learn and develop.
- Degree educated (or overseas equivalent).
- Experience using third party trade surveillance tools (e.g. Nasdaq Trade Surveillance, Actimize) and market data vendors (e.g. Bloomberg, Reuters Eikon).

Where will you be working?

This role is based in 122 Waterloo Street, Glasgow.

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.

Internal Applicants:

Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal.

Equal opportunities statement:

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize 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.