Equity Trade Surveillance and Oversight Vice President

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Morgan Stanley USA
  • 18 Apr 19

Equity Trade Surveillance and Oversight Vice President

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 ethics. 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 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 Institutional Securities Oversight Team is primarily responsible for performing surveillance and oversight for sales and trading activities for ISG Sales and Trading. The team is responsible for reviewing the businesses supervisory processes and practices. The team will develop, and execute plans to remediate potential issues.

Primary Responsibilities
This individual will perform surveillance and oversight for ISG Sales and Trading, focusing on Equity products. Candidate must be able to understand complex situations and apply judgment to identify and resolve issues in a timely manner.
· Review sales and trading activity for possible for and/or regulatory violations
· Work with the Business to remediate findings
· Identify gaps in surveillance coverage models and reports
· Design and enhance applicable surveillance reviews
· Assist technology with the design and implementation of new reviews
· Maintain procedures for surveillance reviews
· Assist in regulatory reviews, audits and other examinations
· Assist in the design and maintenance of written supervisory procedures as prescribed in FINRA Rules 3110 and 3120 and applicable Exchange rules


Skills required
· Minimum seven years of compliance experience in the financial services industry or an SRO.
· Knowledge of broker-dealer regulatory compliance including FINRA, SEC, CFTC, and Exchange specific regulation
· Strong data analysis, technology and project management skills