Morgan Stanley Looking For VP- Employee Trading and Investment at Mumbai, Maharashtra, Full Time

Division: Legal & Compliance (LCD)

Super – Department: Global Compliance

Department: Mumbai LCDCoE

Sub-Department: Employee Trading and Investing

Region: Global

Job Level: Vice President

Job Title: Lead

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: Employee Trading and Investing Activities, Research and IM CoE

• Employee Trading and Investing is a global team across New York, London, Tokyo and Hong Kong.
• The offshore Legal and Compliance Department in Mumbai is a department of the Legal and Compliance Division and provides support services to the onshore teams.
• This role will form part of offshore Legal and Compliance Division in Mumbai. The role will have a reporting line to a supervisor in the offshore Compliance department in Mumbai.

Primary Responsibilities (Day Job)

• Supervise the team for monitoring, surveillance and advisory tasks
• Assess and develop individual skills of junior team members by providing timely constructive feedback
• Work with Human Resources, Litigation, Business Unit Management, Senior Management, etc. on potential violations identified by the team
• Provide advice and guidance to employees on their investing and outside activities
• Promote global coordination of Compliance activities regarding Employee trades and Outside Business Interests across the Firm’s major Business Units and geographical locations
• Assist in the development and delivery of Policy related training for employees
• Work with global teams on the Technology book of work and efficiency initiatives
• Implement and enforce where appropriate, Compliance controls
• Ensure adequate documentation and records are maintained
• Ensure Morgan Stanley Employee Trading and Investing policies are understood and adhered by employees
• Resolve employee queries regarding employee trading policies or any other related topic
• Undertake periodic supervisory reviews on team’s tasks

Requirements

Experience

• The ideal candidate will have 10+ years of Financial Industry experience preferably with experience in Employee Personal Account Trading at a large financial institution or the Regulator
• Demonstrate strong client relations skills and ability to partner with business and control functions to develop practical solutions that meet business needs while remaining compliant with applicable laws and regulations
• Experience in resolution of issues
• Experience in managing / leading teams
• Has excellent interpersonal skills and ability to work effectively with colleagues across regions and Business Units

Knowledge

• In-depth knowledge of regulatory regime in different jurisdictions
• In-depth understanding of financial markets and products
• In-depth understanding of the employee Personal Account Dealing requirements prescribed by various regulatory regimes
• Should be comfortable working with technology and the ability to provide solutions to enhance system efficiency

Skills And Qualities

• Leadership skills with experience of hiring and managing a team
• Possess leadership qualities with the ability to assess and develop individual skills of junior team members by providing timely constructive feedback
• Have excellent interpersonal skills and ability to work effectively with colleagues across regions and Business Units
• Ability to research and resolve issues independently
• Ability to anticipate ahead of time and escalate issues as appropriate
• Team player who can successfully manage multiple projects and priorities
• Have strong written and verbal communications skills, attention to detail and effective time management skills
• Have the ability to use various PC, MS Office and internet applications
• Possess strong analytical thinking and critical reasoning skills
• Have the ability to effectively handle a fast paced environment and successfully meet established deadline
• Must be able to maintain a high level of organization under pressure
• Be self-motivated and must have the ability to work independently
• Maintain a right balance between Task management and People management

Coverage

• Monday to Friday from 9.00 AM to 6.00PM India time with flexibility on standard working hours for time sensitive matters
• Periodic evening calls with US and EMEA internal clients

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.

Posting Date

Oct 30, 2023

Primary Location

Non-Japan Asia-India-Maharashtra-Mumbai (MSA)

Education Level

Refer to Position Description

Job

Compliance

Employment Type

Full Time

Job Level

Vice President