Compliance Testing Officer
- New York, NY, USA
- Permanent, Full time
- Morgan Stanley USA
- 19 Apr 19
Compliance Testing Officer
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.
Professionals within Legal and Compliance provide a wide range of services to our business units. They might help to structure a complex and sensitive cross-border transaction; advise on a new product introduction; develop a training program 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 Team
The Global Compliance Department manages a Firmwide Compliance Risk Management program, including Compliance risks that transcend business lines, legal entities and jurisdictions of operation.
The Compliance Assessment Group ("CAG") is primarily responsible for assessing activities within Institutional Securities Group ("ISG") for adherence to applicable laws, rules, regulations and Firm policies and procedures. The activities conducted by CAG are coordinated globally across similar ISG teams and performed in conjunction with the Firm's Monitoring and Testing Program that was adopted pursuant to the conversion to a Financial Holding Company.
Planning, preparing and executing regulatory and compliance-based reviews for Sales & Trading, Commodities, Futures, Prime Brokerage, Bank Resource Management, Investment Banking, Research and Operations Divisions. These reviews include desk, branch and targeted assessments, which are primarily focused on evaluating controls and compliance with rules, regulations and Firm policies and procedures. The individual will be responsible for conducting information gathering sessions with Business Unit personnel (including management and support staff), performing substantive on-site testing, summarizing results, preparing written reports to be presented to management, and tracking all issues raised in the course of the review until resolution.
Required Skills (essential)
- 7 - 10 years of compliance experience in the financial services industry, a regulator, self-regulatory organization or in internal audit
- Excellent verbal and written communication
- An understanding of institutional financial products, sales, trading, and systems
- Data analytics
- Project management
- Series 7, other securities or futures licenses, or audit certifications