Investment Management Compliance Director/Vice President, Singapore

  • Competitive
  • Singapore
  • Permanent, Full time
  • Morgan Stanley
  • 16 Dec 18

See job description for details


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 747 offices in 42 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.

DEPARTMENT PROFILE

Professionals within Legal and Compliance provide a wide range of services to our business units. They help to structure complex and sensitive cross-border transactions; advise on a new product introduction; develop a training program; surveil for compliance with market and investor requirements; or defuse an investor dispute. They preserve the Firm’s invaluable reputation for integrity and protect the Firm from sanctions with 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 POSITION

Morgan Stanley Investment Management [“IM”], together with its investment advisory affiliates, has 645 investment professionals around the world and more than $474 billion in assets under management or supervision as of June 30, 2018. IM offers investment expertise across a broad spectrum of global equities, fixed income, alternatives and real estate strategies.

We are looking for a high caliber individual to join the IM Asia Compliance team. The team is responsible for managing regulatory risks and helping to preserve the Firm’s franchise through ensuring Business and Infrastructure Units’ compliance with relevant laws, regulations, rules and internal policies and procedures in the region (including Australia, China, Hong Kong, India, Korea, Singapore and Taiwan).

The activities of the team include providing advisory compliance support, implementing regulatory changes, drafting and updating policies and procedures, training personnel, and conducting monitoring and surveillance, among other activities.

Primary Responsibilities

This role will be based in Singapore and reports to the Head of IM Compliance (Public-Side), Asia Pacific ex-Japan .

Duties include:

  • Advising and supporting the Asia Investment Management businesses on a wide range of compliance matters
  • Interpreting regulations and helping to implement appropriate solutions with the business
  • Drafting and maintaining policies and procedures, including written supervisory procedures
  • Developing training materials and conducting training sessions; communicating compliance/regulatory updates to the business
  • Assisting in identifying and developing modifications on the compliance program based on new business needs
  • Advising, monitoring and overseeing 1st Line of Defense
  • Reviewing marketing materials in line with regulatory requirements
  • Reviewing and approving employee trading activity for coverage employees, advising and resolving any issues in, Code of Ethics, employees’ personal investment transactions and outside business activities.
  • Reviewing trading activity in particular, the fairness and appropriateness of affiliated transactions, fair allocation and cross-trades, etc including market abuse monitoring.
  • Assisting in regulatory and licensing matters including compilation and submission of regulatory returns and filings, responding to ad-hoc and routine regulatory queries, onsite visits and inspections.
  • Assisting in the preparation/ collation of documents for internal and external audits.
  • Participating in various projects, such as new product / business/ instruments initiatives, global initiatives, etc.




Qualifications:


Qualifications
  • A Bachelor’s degree in Legal, Accounting, Business or Finance
  • At least 8 years’ compliance-related experience gained at a financial institution and/or regulator, including a minimum of 3 years’ recent experience in the investment management field
  • Highly analytical with strong understanding of investment management industry and knowledge of regulations and rules in Asia
  • Experience in investment guidelines compliance with good technical knowledge of trade surveillance systems and understanding of financial instruments across various asset classes is advantageous
  • Self-starter who is able to manage effectively senior professionals in the business
  • A team player with strong project management skills
  • Detail oriented, motivated and able to multi-task in a fast paced, high pressure environment
  • Exceptional written and oral communication skills in English and Chinese as this role is required to support the China market.