US Investment Management Private Side Compliance, Vice President

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

US Investment Management Private Side Compliance, 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 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 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 US Investment Management Private Side Compliance team advises on and assists in establishing, implementing and enforcing compliance policies and procedures. The team is responsible for providing compliance oversight of the Investment Management division's SEC Registered Investment Advisers' Private Side alternative investments businesses, including the private credit and equity, private infrastructure and real estate investing businesses; providing advisory support, implementing regulatory change, drafting and updating policies and procedures, training personnel, and conducting monitoring and surveillance, among other activities.


Primary Responsibilities

We are looking for an experienced and high caliber individual to assist in executing and enhancing the Investment Management Private Side Compliance team focusing on alternative investments and aiding Morgan Stanley Investment Management in complying with applicable laws and regulations.

Duties include:

- Advising and supporting the Investment Management Private Side businesses on a wide range of internal and transaction-related compliance matters
- Developing training materials and conducting training sessions; communicating compliance/regulatory updates to the business
- Interpreting U.S. regulations and helping in implementing appropriate solutions with the business
- Periodic analysis and updates of compliance policies and procedures
- Periodic risk assessments
- Developing relationships with other Compliance areas within the Firm to leverage functions such as monitoring and testing teams, global financial crimes, etc.
- Preparation of regulatory filings including Form ADV and Form PF
- Assisting in identifying and developing modifications to the IM Private Side Compliance program based on new business needs and regulatory developments
- Preparing oversight metrics
- Preparation for regulatory inquiries and examinations related to Investment Management Private Side activities
- Liaising and forming a good working relationship with colleagues within Legal and Compliance on matters pertaining to Investment Management Private Side business

Skills Required

- Strong understanding of the Investment Advisers Act of 1940; familiarity with FINRA and CFTC/NFA rules advantageous
- Bachelor's Degree
- 6 to 8 years' compliance-related experience, preferably in alternative investments
- JD or other relevant advanced degree helpful
- Highly analytical with strong knowledge of financial products, and solid understanding of investment management industry and relevant SEC rules and regulations
- Ability to evaluate and resolve issues
- A team player who is willing to share and learn from others
- Business minded/conscious
- Strong project management skills, and experience in handling significant regulatory change initiatives
- Detail oriented, motivated and able to multi-task in a fast paced, high pressure environment
- Exceptional written and oral communication skills
- Proficient skills using Microsoft Office systems, especially PowerPoint and Excel