Morgan Stanley
Equity - Prime Brokerage Compliance Professional
Morgan Stanley, New York, New York, us, 10261
Equity - Prime Brokerage Compliance Professional
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 ethics. 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. Department Profile: Professionals within Legal and Compliance provide a wide range of services to our business units. They might help to structure a complex and sensitive cross-border transaction; advise on a new product introduction; develop a training program or defuse an investor dispute. They preserve the firm's invaluable reputation for integrity and protect the firm from sanctions through policies and procedures that meet regulatory requirements around the world. They also strive to maintain cooperative relationships with governmental policy makers and the regulatory and self-regulatory agencies that govern the firm's businesses. Background on the Team: The Global Compliance Department manages a Firmwide Compliance Risk Management program, including compliance risks that transcend business lines, legal entities and jurisdictions of operation. Group Overview: The Sales and Trading Compliance Group in Institutional Securities Group (ISG) Compliance advises and assists the Firm's Sales and Trading Division in establishing, implementing and enforcing sales and trading practices. The Group is responsible for reviewing business, compliance and supervisory processes and practices. The Group will coordinate, recommend, and execute plans to address potential issues, fulfill regulatory obligations and promote best practices. Primary Responsibilities
Provide compliance coverage and support for our Prime Brokerage, Securities Lending and Fund Administration businesses. Collaborate with experts throughout the Legal and Compliance Department and across the Morgan Stanley enterprise. Provide regulatory guidance to Prime Brokerage employees, supervisors, management, risk, technology and other relevant stakeholders. Regularly meet with employees and supervisors / management to identify and assess risks and remediate issues. Review, create, update and implement policies and procedures, including written supervisory procedures (WSPs). Respond to internal and regulatory requests, including inquiries, reviews, tests, audits and exams. Design and deliver training on firm policies and regulatory topics. Actively monitor regulatory developments and trends. Take appropriate action to ensure the business is aware of and can comply with new or amended regulations. Evaluate transactional trends and patterns for potential escalations to relevant personnel. Skills Required (Essential)
1-5 years of related experience in a Compliance, Legal or Regulatory role Ability to effectively review and analyze data/situations and apply judgment to resolve issues in a timely manner Strong desire to learn, work well as part of a team, while also working independently Proficient in time management and able to initiate and manage projects Bachelor's degree required Expected base pay rates for the role will be between $90,000 and $155,000 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).
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 ethics. 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. Department Profile: Professionals within Legal and Compliance provide a wide range of services to our business units. They might help to structure a complex and sensitive cross-border transaction; advise on a new product introduction; develop a training program or defuse an investor dispute. They preserve the firm's invaluable reputation for integrity and protect the firm from sanctions through policies and procedures that meet regulatory requirements around the world. They also strive to maintain cooperative relationships with governmental policy makers and the regulatory and self-regulatory agencies that govern the firm's businesses. Background on the Team: The Global Compliance Department manages a Firmwide Compliance Risk Management program, including compliance risks that transcend business lines, legal entities and jurisdictions of operation. Group Overview: The Sales and Trading Compliance Group in Institutional Securities Group (ISG) Compliance advises and assists the Firm's Sales and Trading Division in establishing, implementing and enforcing sales and trading practices. The Group is responsible for reviewing business, compliance and supervisory processes and practices. The Group will coordinate, recommend, and execute plans to address potential issues, fulfill regulatory obligations and promote best practices. Primary Responsibilities
Provide compliance coverage and support for our Prime Brokerage, Securities Lending and Fund Administration businesses. Collaborate with experts throughout the Legal and Compliance Department and across the Morgan Stanley enterprise. Provide regulatory guidance to Prime Brokerage employees, supervisors, management, risk, technology and other relevant stakeholders. Regularly meet with employees and supervisors / management to identify and assess risks and remediate issues. Review, create, update and implement policies and procedures, including written supervisory procedures (WSPs). Respond to internal and regulatory requests, including inquiries, reviews, tests, audits and exams. Design and deliver training on firm policies and regulatory topics. Actively monitor regulatory developments and trends. Take appropriate action to ensure the business is aware of and can comply with new or amended regulations. Evaluate transactional trends and patterns for potential escalations to relevant personnel. Skills Required (Essential)
1-5 years of related experience in a Compliance, Legal or Regulatory role Ability to effectively review and analyze data/situations and apply judgment to resolve issues in a timely manner Strong desire to learn, work well as part of a team, while also working independently Proficient in time management and able to initiate and manage projects Bachelor's degree required Expected base pay rates for the role will be between $90,000 and $155,000 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).