Morgan Stanley Hiring for Associate – Run the Bank (Operations) at Bengaluru, India Full Time

Primary Responsibilities:

MS are currently establishing the team to support Proactive Sample testing for the firm’s transaction reporting obligations under MIFID and SFTR, key responsibilities of this position will include:
– Independently test our MIFID & SFTR Transaction reporting implementation by testing trades front to back to ensure they are reporting in alignment with the current MIFIID & SFTR rules.
– The testing will also determine if the firms control framework is capturing the issue.
– Diagnostic testing will also be included in order to capture obvious errors and help size any problems that are found.
– Diagnostic tests are to be written in SQL and/or Python. These will require continuous improvement to automate and detect issues.
– Participates in industry working group calls and maintains a good understanding of upcoming regulatory reporting rules, published by ESMA.
– Proactively assists the Business, Operations, Compliance, and IT teams in understanding the impact of new regulatory changes.
– Demonstrates a detailed knowledge of the front to back system infrastructure and understands data flows, booking models, and logic required to capture data.
– Liaises with relevant stakeholders in Operations, Technology, the Business, and Compliance to identify the root cause of issues and to address potential areas of risk.
– Investigates if any of the new products the firm is launching complies with the applicable reporting regulations.
– Ensures Compliance Courses and Policies are completed on a timely basis.

Skills Required:

Strong analytical and problem solving skills are key to this position. Although experiences in regulation reporting or understanding of product flow are advantageous, the key behaviours are:

• You are able to handle multiple work streams and prioritize effectively.
• You actively look for new opportunities for self-development and career progression.
• You show dedication to learn from experience and mistakes; actively seek out feedback and adjust behaviour accordingly.
• You are aware of the long term impact of regulatory environment and market changes on the business. You make plans where appropriate to adapt control processes and procedures.
• You can identify the right levels of control and measures required, building a strong yet flexible workflow.
• You actively ensure existence of mitigating controls and take personal responsibility for enhancing processes.
• You combine clear and appropriate escalation with suggestions on appropriate risk reduction strategies.
• You consistently exceed expectations and respond actively and positively to changing circumstances.

/Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talents/

Job: *Other

Title: Associate – Run the Bank (Operations)

Location: Non-Japan Asia-India-Karnataka-Bengaluru

Requisition ID: 3240794