Job Description
Job Description
Job Number:
3232617
Posting Date
: Mar 9, 2023
Primary Location
: Europe, Middle East, Africa-United Kingdom-United Kingdom-LondonEducation Level : Bachelor's Degree
Job
: ComplianceEmployment Type : Full Time
Job Level : Director
Description
3232617
London
About 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.
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. We 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
Team Profile
The MSIM (Morgan Stanley Investment Management) Surveillance Team is responsible for designing, implementing, and operating a range of automated and tactical surveillance controls to detect and report market abuse and other misconduct risks across the Firm's businesses. The role will cover MSIM's Global business, reporting to the Global MSIM Surveillance Lead (also based in London). The MSIM Surveillance Team operates alongside other monitoring functions (notably the EMEA Institutional Sales & Trading Surveillance Team) and is aligned where applicable (e.g., technology, governance framework, regulatory initiatives).
The team works closely with global colleagues and stakeholders across the Firm (including staff in Legal and Compliance, Business Unit Risk Management, Operations and Technology) to promote the ongoing development and effectiveness of the surveillance program.
Primary Responsibilities
Depending on the skills and experience of the successful candidate, role responsibilities may include:
> Managing exception and other surveillance reports to monitor for compliance with Firm policies, procedures and relevant rules, laws and regulations.
> Liaising with Compliance colleagues, Operations and front office staff to investigate surveillance alerts as necessary.
> Resolving escalated alerts appropriately and promptly, documenting results clearly and escalating possible exceptions as appropriate.
> Monitoring the efficiency and effectiveness of reports where the daily output is managed by Morgan Stanley staff located offshore.
> Conducting ad hoc trading reviews to support Legal and Compliance colleagues, including detailed incident reviews as necessary, reporting STORs to the UK FCA or other competent authorities as required.
> Assisting with the design and deployment of new controls, in addition to the enhancement and calibration of existing controls.
> Assisting in the delivery of surveillance related projects or initiatives.
> Maintaining effective and constructive working relationships with staff located in other regions across a range of levels, building relationships with internal clients and collaborating with colleagues across EMEA and in global surveillance teams to deliver the annual surveillance program.
> Working with key stakeholders (e.g., Compliance Coverage, Business Unit Risk Management, Technology, third party vendors) to identify, design and implement enhancements to the surveillance program.
> Assisting in the production and enhancement of MI reporting.
> Responding to developments in the MSIM business (e.g., acquisitions, investment team re-structure, new products) to maintain adequate program coverage.
Qualifications
Skills required
> Detailed knowledge of relevant: (i) rules and regulations; and/or (ii) products and market infrastructure.
> Excellent communication skills: able to communicate complex scenarios and concepts clearly, concisely and effectively, both verbally and in writing, to stakeholders across all levels.
> Experience of handling, analysing and presenting large data sets to identify exceptions or anomalies. Able to recognize control/process limitations or enhancement opportunities, recommending and implementing practical solutions.
> Bright, organised and well-developed execution skills; capable of managing competing deadlines and prioritising a varied workload.
> Confidence to use own initiative and apply judgment in an in-house context.
> Proven ability to develop rapport and promote effective 2-way communication with colleagues in global offices, fostering trust and an environment which supports development and constructive feedback.
> Adaptable and willingness to assist and support colleagues, promoting the overall success of the surveillance program.
> Enthusiasm and aspiration to learn and develop.
> Experience using third party trade surveillance tools (e.g., ACA Decryptex, Actimize) and market data vendors (e.g., Bloomberg, Refinitiv).
> Degree (or overseas equivalent).
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Internal Applicants:
Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal by clicking here
Equal opportunities statement:
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.