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Institutional Equities - Regulatory Control Group - Vice President
Morgan Stanley
New York, NY, United States
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Description
Description:
The position available is a Vice President level position within the Institutional Equity Risk Management team, specifically within the Regulatory Control Group (RCG). RCG is responsible for the overall supervisory program and information security platform for the Institutional Equity Division (IED). The individual will be required to work with senior members of the businesses and associated control functions, such as Legal, Compliance and Technology Risk. The individual will be responsible for reviewing IED sales and trading desk activities to ensure compliance with applicable rules and regulations governing the Firm, as well as adherence to internal standards, controls and policies.
Responsibilities Include:
• Interacting with IED supervisors, traders and sales people with regard to supervisory issues and exceptions;
• Solving problems for the desk by effectively influencing and utilizing resources across teams outside of the Risk Management function;
• Supervising the review of sales and trading exception reports for quality assurance on a periodic basis and maintaining records relating to these reviews, some examples include Best Execution, Market Manipulation, Manning, Reg. SHO and Frontrunning;
• Leading efforts to migrate level one review of exception reports and entitlements processes offshore;
• Improving and monitoring existing control frameworks and / or creating new control frameworks if none exist;
• Leading projects related to the supervisory platform and the information security program;
• Mentoring and providing guidance to RCG analysts and associates on the desk with projects and problem solving;
• Identifying opportunities for process efficiencies and implementing corresponding solutions within the team as well as teams external to RCG;
• Helping ensure that IED sales and trading activities satisfy all pertinent legal, regulatory and Firm requirements;
• Writing, reviewing, and interpreting Firm as well as IED specific policies and procedures for the business;
• Identifying, designing and implementing new control / exception reports to ensure that the Firm keeps pace with the evolving Regulatory environment;
• Establishing relationships and work closely with IED supervisors, IED Risk Management, Technology, Operations, Finance, and Compliance.
Qualifications
Experience / Skills Required:
• 7-10 years with a background in Compliance, Risk Management and / or Trading Support focusing on sales and trading issues
• Effective management and leadership skills
• Strong motivation, be a self-starter with a positive outlook and desire to solve problems
• Strong analytical skills with an ability to understand complex workflows
• Strong communication skills with an ability to speak to senior management
• Ability to identify and escalate issues effectively and appropriately
• Exceptional organizational skills and a high degree of attention to detail
• Solid understanding of applicable regulatory rules and regulations
• Strong project management skills
• Excellent oral and written communication skills by clearly articulating 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 handle multiple tasks in a timely and effective manner and thrive in a fast-paced environment
• Proven ability to take ideas forward and to challenge others with integrity and maturity
• Proficiency in MS Office and related applications (Word, Excel, PowerPoint, Project)