Morgan Stanley
FID, Regulatory and Audit Engagement - Analyst/Associate
Morgan Stanley, New York, New York, United States, 10001
Job Opportunity At 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. The firm's employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries. The Firm is seeking an Analyst or Associate for its U.S. Business Control Unit (BCU) team, focused on regulatory, audit engagement, and compliance testing assessments across all Fixed Income Business Units, in addition to coordinating the implementation of new regulatory control requirements and remediation activities. BCU within the Fixed Income Division (FID) is the function that manages non-trading risk these include, but are not limited to, operational risk, compliance/conduct, regulatory & audit, sales/product governance, transactional risk. 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. Primary Responsibilities
Coordinate, develop and present business unit responses to requests and inquiries from regulators and auditors / internal testing groups Prepare formal tracking, status updates, metrics and other reporting for various regulatory, audit and testing items Facilitate governance committees, continuous monitoring, and ad hoc meetings as needed Assist in the business unit implementation of new or amended regulatory requirements Assist with tracking and remediation of regulatory, audit and testing findings Own and manage distinct implementation and remediation projects from start to finish Facilitate responses to risk management situations requiring immediate attention or escalation Qualifications
Highly motivated self-starter with the ability to work under pressure and prioritize competing deadlines Ability to effectively manage various projects and deadlines, including tracking and coordinating responses to complex regulatory and audit requests with minimal oversight Exceptional organizational skills and a high degree of attention to detail Ability to assemble reporting on critical issues and deliver to senior stakeholders Ability to work on challenging assignments in a dynamic environment, synthesize information, gather relevant facts, and reach logical conclusions Excellent written and oral communication skills, as well as the ability to present ideas concisely and tailor messaging to various stakeholders 2-5 years of related work experience, with a background in financial services regulations, compliance, and/or risk management functions, as well as familiarity with Fixed Income products, preferred Strong Microsoft Excel and PowerPoint skills 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. Expected base pay rate for the role will be between $65,000 and $125,000 for Analyst, and $85,000 to $140,000 for Associate, 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. 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. The Firm is seeking an Analyst or Associate for its U.S. Business Control Unit (BCU) team, focused on regulatory, audit engagement, and compliance testing assessments across all Fixed Income Business Units, in addition to coordinating the implementation of new regulatory control requirements and remediation activities. BCU within the Fixed Income Division (FID) is the function that manages non-trading risk these include, but are not limited to, operational risk, compliance/conduct, regulatory & audit, sales/product governance, transactional risk. 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. Primary Responsibilities
Coordinate, develop and present business unit responses to requests and inquiries from regulators and auditors / internal testing groups Prepare formal tracking, status updates, metrics and other reporting for various regulatory, audit and testing items Facilitate governance committees, continuous monitoring, and ad hoc meetings as needed Assist in the business unit implementation of new or amended regulatory requirements Assist with tracking and remediation of regulatory, audit and testing findings Own and manage distinct implementation and remediation projects from start to finish Facilitate responses to risk management situations requiring immediate attention or escalation Qualifications
Highly motivated self-starter with the ability to work under pressure and prioritize competing deadlines Ability to effectively manage various projects and deadlines, including tracking and coordinating responses to complex regulatory and audit requests with minimal oversight Exceptional organizational skills and a high degree of attention to detail Ability to assemble reporting on critical issues and deliver to senior stakeholders Ability to work on challenging assignments in a dynamic environment, synthesize information, gather relevant facts, and reach logical conclusions Excellent written and oral communication skills, as well as the ability to present ideas concisely and tailor messaging to various stakeholders 2-5 years of related work experience, with a background in financial services regulations, compliance, and/or risk management functions, as well as familiarity with Fixed Income products, preferred Strong Microsoft Excel and PowerPoint skills 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. Expected base pay rate for the role will be between $65,000 and $125,000 for Analyst, and $85,000 to $140,000 for Associate, 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. 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).