Morgan Stanley Hiring for Associate at Mumbai, Maharashtra Full Time

DESCRIPTION

Job Description

Division: Legal & Compliance (LCD)

Super – Department: Compliance

Department: Surveillance

Sub-Department: Control Group Surveillance

Region: Global

Job Level: Analyst/Associate

Job Title: Analyst/Associate

Employment Type: Full Time

Location: Mumbai (Nirlon Knowledge Park)

Firm

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.

Division

LCD comprises of Legal, Compliance, Global Financial Crimes and Regulatory Relations.

The Legal Department provides guidance, requirements and procedures for understanding and complying with the laws, regulations and Firm policies that apply to our businesses.

The Global Compliance Department identifies applicable Compliance Obligations and maintains a Firmwide Compliance Risk management program, including Compliance Risks that transcend business lines, legal entities and jurisdictions of operation.

Global Financial Crimes is responsible for the development and governance of the Firm’s financial crime prevention efforts across all regions and business units. Global Financial Crimes is comprised of the Anti-Money Laundering (AML), Sanctions, Anti-boycott, Anti-Corruption (ACG) and Government and Political Activities Compliance (GPAC) programs.

The Global Regulatory Relations Group (GRRG) is responsible for strategic and centralized management of the supervisory activities of Morgan Stanley’s regulators and related developments globally, with a focus on regulatory reviews and examinations and continuous monitoring activities. GRRG serves as the central point of contact for the regulatory staff responsible for supervisory activities at Morgan Stanley entities and for timely reporting to Firm management and other governance or management bodies, as appropriate, on those relationships and supervisory processes, including areas of significant regulatory focus or concern.

LCD Center of Excellence — Mumbai (LCD CoE) is a part of Morgan Stanley’s Global In-house Center, which provides global support to LCD and is an integral part of Firm and LCD strategy.

Team: Control Group Surveillance

The Mumbai Control Group Surveillance Team is focused on Watch List and Restricted List Surveillance of Employee, Investment Management, Wealth Management, and Principal trading activity in the context of strategic transactions the Firm is advising on, including M&A transactions and Capital Markets transactions.

QUALIFICATIONS

Primary Responsibilities (Day Job)

The Control Group Surveillance Analyst/ Associate will have several areas of responsibility including, but not limited to, following:

Review and analyze surveillance reports/ alerts

Escalate unresolved issues or potential violations of the Morgan Stanley’s policies or external rules and regulations to his/her Manager, Coverage Compliance and Senior Management of the Business Unit

Participate in defining and documenting the operating procedures for processing Monitoring reports

Create Management Information Reports on a periodic basis

Work with IT and / or vendors in enhancing/ developing new tools

Participate in testing/ requirement drafting of new models/reports

Requirements

Experience

0-5 years of relevant working experience in the financial services industry in Compliance or internal audit or with a securities exchange or securities regulator

Preference will be given to candidates with relevant experience in Trade Surveillance

Knowledge

Possess excellent knowledge of financial instruments and markets.

Basic understanding and knowledge of trading mechanisms across different financial instruments/ markets.

Should possess knowledge of trade booking and settlements

Skills and Qualities

Industry qualifications i.e. Post Graduate / MBA in Finance

Will be required to maintain strict confidentiality of firm information

Knowledge of global markets / market regulations

Understanding the implications of risk involved

Excellent verbal and written English communication skills — ability to effectively correspond with various groups and senior professionals over email and the telephone

Strong Analytical Skills and attention to detail

Experience interpreting laws or regulations

Must be able to maintain a high level of organization under pressure

Coverage

Monday to Friday from 09:00AM to 6:00PM India time with flexibility on standard working hours for time sensitive matters (including India Public Holidays)