Company Profile
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries.
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. Morgan Stanley 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.
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Department Profile
From global institutions to hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instrument in all the world's financial markets. Morgan Stanley professionals use our network and technology to provide liquidity and sophisticated analysis, to manage risk and execute reliably in the fast-changing markets.
Morgan Stanley's Institutional Equity Division (IED) is a world leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. Our broad and deep client relationships, market-leading platform and intellectual insights enable us to be a world-class service provider to our clients for their financing, market access and portfolio management needs.
Primary Responsibilities
Operational Risk:
- Manage the risk and control self-assessment (RCSA), including performing key control validation.
- Manage business process mapping and conduct policy updates.
- Prepare governance meeting materials and monthly risk metrics.
- Support business unit projects to create, enhance or develop procedures/protocols.
- Assist in managing IED's operational risk management framework, including proposing processes and innovative solutions to address risk issues, risk incident collection and reporting.
- Monitoring existing control frameworks, improving these, and designing, testing, and implementing new controls, as needed, to ensure the Firm keeps pace with the evolving regulatory environment.
Operational Resiliency:
- Manage and maintain business continuity plans and annual testing requirements.
- Track disaster recovery and technology recovery plans.
- Conduct vendor runbook for critical third parties.
Technology Risk:
- Partner with the Strat organization to remediate technology hygiene metrics.
- Monitor and improve existing control frameworks, including the design, testing, and implementation of new controls.
- Support adherence to Firm technology policies and procedures, including metrics compliance, hygiene requirements, policy compliance, and disaster recovery obligations.
- Enhance periodic reporting to increase transparency to senior management.
- Develop and implement risk-based remediation plans to prioritize critical remediation items.
Trader Mandate:
- Investigate and resolve product reference issues.
- Handle daily exception monitoring.
Audit / Regulatory:
- Oversee the Division's OpenPages Issues and Action Plans, including providing effective review and challenge on remediation items, ensuring deadlines are met, and reporting status updates.
- Liaise with senior management and other stakeholders to evaluate and respond to external and internal information requests from regulators, Audit, and Compliance.
- Drafting Senior Management presentation material for quarterly audit and external regulator meetings.
- Assist with the tracking and coordination of internal audit exams deliverable list to collate responses.
Essential Requirements
- Chartered Accountant or Master's in Business Management
- Professional with 8 - 10 years background in Compliance, Risk Management and / or Trading Support focusing on sales and trading issues.
- Knowledge of Equities markets, understanding of applicable regulatory rules and regulations.
- An understanding of and strong focus on the mechanics of a control environment, including escalation and risk-related issues.
- Strong written and verbal communication skills.
- Strong analytical and reasoning skills. Ability to work independently as well as a Team Player.
- Effective management and leadership skills.
- Strong project management skills. Ability to identify and escalate issues effectively and appropriately.
- Proven ability to take ideas forward and to challenge others with integrity and maturity.
- Proficiency in MS Office applications (Word, Excel, PowerPoint).
- Enthusiasm to volunteer or lead planning and organizing in events held by the department and firm.
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 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. 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. There's also ample opportunity to move about the business for those who show passion and grit in their work.
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.