The position available is a Professional level position within the Institutional Securities Group Management team, specifically within the Central Risk Team (CRT). CRT is responsible for the regulatory supervision program for the Institutional Securities Group (ISG). The individual will be required to work with senior members of the businesses within ISG and associated control functions, including Legal, Compliance and Technology Risk. The individual will be responsible for reviewing ISG activities to help ensure compliance with applicable rules and regulations governing the Firm's activities, as well as adherence to internal policies, procedures, standards and controls.
Responsibilities include:
• Interacting with ISG supervisors and other business leaders, with regard to supervisory issues, including exceptions, violations, and obtaining sign-offs
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• Monitoring existing control frameworks and / or improving these or creating new control frameworks if none exist
• Reviewing sales and trading exception reports on a daily basis and maintaining records of these reviews, e.g., TRACE Late Surveillance, Reg Reporting, CFTC SWAP AP Surveillance
• Surveillance focus will be on developing, reviewing, and providing quality assurance analysis of Reg Reporting controls
• Liaising with Compliance Surveillance teams to review escalations and assist in the disposition of market abuse surveillance alerts
• Identifying, designing, testing, and implementing new control / exception reports to ensure that the Firm keeps pace with the evolving Regulatory environment
• Leading and participating in projects related to the overall ISG risk management framework, as well as the information security programs
• Helping to ensure that ISG activities satisfy applicable legal, regulatory and Firm requirements
• Reviewing and interpreting Firm and ISG-specific policies and procedures for application to the business
• Establishing and maintaining relationships and working closely with ISG supervisors, ISG Risk Management, Technology, Operations and Compliance
• Providing backup coverage and quality assurance overview of other team members
• Assisting with annual parameter tunning reviews
Experience / Skills Required:
• 3-5 years' experience in the Financial Services industry with a background in Compliance, Risk Management, Operations, Internal Audit or other relevant control functions
• Curiosity and a desire to learn new concepts, processes, products and regulations
• Strong motivation-be a self-starter with a positive outlook and desire to solve problems
• Strong analytical skills with an ability to understand complex processes and workflows
• Sound judgment and an ability to identify and escalate issues effectively and appropriately
• Exceptional organizational skills and a high degree of attention to detail
• Solid understanding of applicable rules and regulations
• Strong project management skills
• Excellent oral and written communication skills to clearly articulate objectives, requirements, risks and issues
• An understanding of and strong focus on the mechanics of a control environment, including escalation and risk-related issues
• Ability to thrive in a fast-paced environment, handling multiple tasks simultaneously in a timely and effective manner
• Proven ability to take ideas forward and to challenge others with integrity and maturity
• Proficiency in data analytics and visualization tools such as Tableau is a plus
• Fixed Income and/or Equity surveillance background is a plus
• FINRA Series 7 & 24 Licenses are a plus
Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.
It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
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.
Expected base pay rates for the role will be between $100,000 and $145,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.
It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).