Legal Entity Governance Senior Manager Legal Entity Governance Senior Manager …

Morgan Stanley
in Glasgow, Scotland, United Kingdom
Permanent, Full time
Be the first to apply
Morgan Stanley
in Glasgow, Scotland, United Kingdom
Permanent, Full time
Be the first to apply
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 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 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.

Glasgow Profile:

Morgan Stanley’s Glasgow office employs in excess of 1,300 staff across Operations, Technology, Legal and Compliance, Internal Audit, Fund Services and Finance. Due to our growing business, we have a demand for career minded people to join our teams. Our opportunities offer unrivalled scope for progression and training within a fast paced, meritocratic and constantly changing environment. Morgan Stanley pride themselves on maintaining a culture which champions diversity, an inclusive environment for all, recognition and an opportunity to give back to our communities through various local charity partnerships. The office is located centrally and enjoys the additional benefits of an onsite gym and restaurant.

Department Profile:

The Glasgow Finance team is over 220 strong and spans a wide range of functions including: Product Control; Market Risk Control; Liquidity Control; Treasury Currency Management; Compensation Control; Tax; Legal Entity Control and Governance; Accounting Advisory Services; General Ledger Governance; Regulatory Reporting and Finance Risk. The variety and scope of our opportunities across all levels allows our employees to enjoy fulfilling and challenging long-term careers. In order to maintain this we require finance professionals of all levels, both qualified and non-qualified, who are committed to working in a challenging and ever evolving industry. For non-qualified candidates we actively support a number of professional qualifications.

Team Profile:

The role is in the Finance Divisio’s EMEA Legal Entity Governance Office (LEGO). LEGO is a global team, responsible for managing and sustaining the legal entity governance framework and its ongoing enhancements to ensure appropriate risk-based coverage for the Firm?s global legal entity population.

LEGO’s responsibilities include but are not limited to:

- Management of the governance of the Firm’s global consolidated legal entity population (new entity approval, rationalisation, legal entity closure)
- Establishment of appropriate governance frameworks for all consolidated and non-consolidated legal entities
- Legal entity reporting to senior Firm representatives
- Stakeholder management across all business units and functional areas

This role will be primarily responsible for the workstreams associated with the Firm’s global consolidated and non-consolidated legal entity populations. These entities require monitoring in order to support structure changes within the Firm, and to meet regulatory and internal reporting requirements. The candidate will work with key senior stakeholders in the Firm and will build and use a network of contacts internally to meet LEGO objectives and deliverables. The candidate will also be involved in the deliverables associated with monitoring compliance with the governance frameworks and policies that are in place for the global consolidated and non-consolidated legal entity populations.

The candidate will work as part of the global LEGO team and will deputise for the EMEA lead when required. As this is a global team, there will also be direct interaction with the global head and the wider team in the US.

Primary Responsibilities:

- Oversee, and enhance as required, the processes in place to manage and monitor the consolidated legal entity lifecycle. This includes legal entity creation, repurposing, restructuring and closure
- Ensure effective monitoring of the non-consolidated population; to cover data oversight, external reporting accuracy, and purpose type allocation
- Participate in the completion and delivery of BAU legal entity governance processes for the Firm?s legal entities
- Prepare metrics and management information for senior forums and regular Legal Entity Oversight and Governance Committee meetings - Global and Regional, to support population and governance responsibilities and provide assurance of compliance with the legal entity governance processes and policies
- Deliver the above working effectively with key global and regional stakeholders
- Establishment as an effective first point of contact for key stakeholders
- Resolution of ad-hoc queries and initiatives


Skills Required:

- Ability to identify risks and issues, assess impact, suggest and implement remediation and ensure appropriate internal controls
- Proven track record of ownership and completion of tasks, and review and challenge of existing processes and information
- Demonstrates attention to detail across all workstreams
- Flexibility and ability to manage a varied workload, BAU and project work, and meet deadlines
- Focus on collaboration across teams and geographic regions
- Maintaining relationships across a variety of senior stakeholders and business areas
- Strong interpersonal, presentation and communication skills
- Self-motivated, with a desire to succeed and develop professionally and personally
- Experienced in team management and staff development
- Full or part-qualified (CA, CIMA, ACCA). Candidates with an Accounting/ Finance/ Mathematical degree and relevant experience in a risk and control environment will also be considered
- Excellent Microsoft Excel skills and proficiency in data mining and summarising and presenting themes and results in a meaningful format

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.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise 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. *LI-CL3