Fixed Income Compliance Officer - Credit Corporates

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

Fixed Income Compliance Officer - Credit Corporates

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 Overview
The Global Compliance Department manages a Firmwide Compliance Risk Management program, including Compliance risks that transcend business lines, legal entities and jurisdictions of operation.

Fixed Income Compliance
The Fixed Income Division ("FID") Compliance Group provides a comprehensive advisory and control service to FID to monitor business activities for adherence to both Firm and regulatory requirements. FID is divided into three primary business areas: 1) Macro (including Interest Rates and FX); 2) Credit Complex (including Credit Corporates, Securitized Products and Municipal Securities); and 3) Commodities. The FID Compliance Group provides advisory support to each business unit within FID.
Position Description
This individual will provide advisory compliance support for the Credit Corporates Sales & Trading business. Candidate will be expected to provide advice on FINRA, CFTC and SEC rules, regulations and interpretive guidance, as well as applicable internal policies and procedures. Candidate must demonstrate ability to effectively review and analyze complex situations and apply judgment to resolve issues in a timely manner with minimal supervision. Candidate should be proficient in time management and able to initiate and manage projects.
Job Responsibilities
· Provide Compliance support for the Credit Corporates Sales & Trading desks, as well as related support functions
· Communicate with senior business management, risk management and Sales & Trading desk personnel regularly and address issues on a real-time basis
· Actively monitor regulatory developments and trends (e.g., Dodd-Frank regulatory reform), participate in industry forums to address new rule proposals, and take appropriate action to ensure the business unit understands and complies with new or amended regulations, including updates to desk policies and procedures and training
· Assist other control functions in the maintenance of written supervisory procedures
· Interact with operations and technology support to ensure trading technology and trading practices remain compliant with Firm policies and industry regulation
· Assist in regulatory reviews, audits and other examinations
· Develop policies, procedures and training

Qualifications:

Skills Required
· Minimum 4-6 years of credit corporates compliance or legal experience
· Understanding of credit products suite including corporate bonds, CDS, loans, credit indices, and structured products
· Knowledge of broker-dealer regulatory compliance including FINRA, CFTC and SEC regulations;
· Excellent communication skills, with the confidence, credibility, and ability to work effectively within the organization, and communicate and interact with both junior and senior business personnel.
· Strong organization skills with the ability to multitask and prioritize

EDUCATIONAL REQUIREMENTS
J.D. (optional), Bachelor's Degree