FID Business Control Unit Analyst / Associate (Frankfurt / Paris)

About Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. We can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Role & Team Overview:

FID is looking for an analyst/associate level professional to join FID BCU (Business Unit Control) for Continental Europe. The role will be based in either Frankfurt or Paris.

The Business Control Unit (BCU) within the Fixed Income Division (FID) is the function that manages non-trading risk, including the Division's non-financial risk (NFR). These NFRs include, but are not limited to, operational risk, compliance/conduct, regulatory & audit, sales/product governance, transactional risk. The BCU's purpose is to engage in the identification, assessment, monitoring, reporting, and mitigation of such risks consistent with Firm guidelines with respect to the legal entities and jurisdictions in which FID operates. The role is expected to provide advice, decision-making and action with respect to certain transactions and other matters that have a relevant FID risk element. As a front office risk management team, FID BCU partners with our FID business stakeholders, the ISG Central Risk Team, as well as the infrastructure groups and second line control functions to establish and maintain an effective risk management program that is appropriately tailored to FID's risk profile. The team has a global presence including in New York, London, Hong Kong, and Tokyo.

What will you be doing?

• The focus is on FID NFR in Europe, particularly Paris and Frankfurt FID sales and trading activities and European regulatory compliance.
• Provide support to the FID BCU team in Continental Europe to run and monitor control processes for non-financial risks, including:
• Support the desks to stay compliant with internal risk and regulatory framework (EUC Inventory, Outsourcing, Trader Mandates).
• Support monitoring and contribute to the enhancement of conduct surveillance controls.
• Support on any other internal processes as required (e.g. transaction reporting stamping).
• Maintain the EU continental FID Business Continuity Plans (BCPs) and support the desks during BCP testing
• Contribute and maintain existing outsourcing relationships on a day-to-day basis and work closely with the Central Outsourcing Compliance Officer to improve/update the processes as required.
• Contribute to and co-ordinate cross-functional workstreams related to non-financial risks, as required.
• Resolve ad hoc risk-related queries from the sales and trading desks .

Skills that will help you in the role:
• Experience with meeting critical deadlines, as well as tracking and driving execution.
• Ability to balance multiple priorities in a fast-changing environment.
• A skilled and confident communicator, both written and verbal, who is able to work with a range of internal and external stakeholders .
• A result-oriented problem solver attitude.
• Strong attention to detail and organization skills.
• Professionalism, sensitivity, sound judgment, discretion and strong work ethic.

Qualifications required:
• Previous control experience is a strong plus.
• Must be a self-starter and able to work collaboratively in a small team.
• Bachelor's degree required.
• Proficiency with Excel and other Microsoft applications such as Word and PowerPoint
• English fluent.

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 by clicking here .

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. #LI-KF1

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.

We're committed to bringing passion and customer focus to the business.

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 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.