Department Profile
The Compliance Department is part of the Legal and Compliance Division and provides guidance and advice to Business Units and infrastructure and support staff at the Firm, including Global Capital Markets, Investment Banking, and Research.
The Department provides advice on compliance matters including for new products and businesses and interpretation of rules and policies, develops and implements compliance policies and procedures, and provides relevant training. It also maintains the rules management and compliance risk management frameworks, undertakes testing activities and utilizes exception reports to monitor and, where appropriate, investigate Firm, customer and employee activity.
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.
Position Description
The Private Side and Research Compliance group advises on and assists in establishing, implementing and enforcing compliance policies and procedures. The Firm's private side businesses comprise of Investment Banking Division (IBD) and Global Capital Markets (GCM). The group is responsible for providing compliance oversight of the Firm's private side and Research businesses; providing advisory support; drafting and updating policies and procedures; and training personnel, among other activities.
Primary Responsibilities
We are now looking for an experienced and high caliber individual to join the Private Side and Research Compliance coverage team, based in Hong Kong.
Duties include:
> Advising and supporting the Private Side and Research Compliance business on the application of relevant policies and procedures and on new or changes to existing laws, regulations and anticipated areas of regulatory focus.
> Working closely with the Private Side and Research Compliance and Legal coverage team, and the business risk team to advise on a wide range of internal and transaction-related matters.
> Draft and review manuals, Compliance Notices, policies and procedures in light of regulatory or business changes.
> Assisting in the development of training materials and conducting training sessions.
> Participating in and reviewing new business and infrastructure initiatives from a local and international regulatory, best practice and Firm perspective.
> Preparing supervisory metrics.
> Managing projects for internal control enhancements.
> Providing guidance and working closely with the Litigation and Regulatory Relations teams in connection with the preparation and response to regulatory inquiries and examinations related to investment banking and capital markets activities.
> Liaising with regional and global Legal and Compliance colleagues on matters pertaining to investment banking and capital markets business.
> Providing guidance and working closely with the Compliance Testing team to identify risk areas, review findings and implement action items.
Qualifications
> University graduate or equivalent degree preferred, ideally in law, business or accounting.
> Minimum 4 years of relevant work experience in the financial services industry, preferably in Compliance and/or with a securities exchange, regulator, or law firm.
> Knowledge of regulatory and compliance requirements, preferably those related to IBD, GCM and Research.
> Sound judgment in identifying risks in order to proactively escalate with the relevant senior managers.
> Solid understanding of relevant industry and regional regulations and rules, pre-marketing, information barriers, conflict clearance process and an understanding of the Control Group function.
> Proficient skills using Microsoft Office systems, especially PowerPoint and Excel, required. Knowledge and use of these systems are required in order to learn other Firm proprietary compliance systems.
> Detail oriented, motivated and able to multi-task in a fast paced environment.
> Self-starter who is able to deal with IBD/GCM bankers and Research analysts in the business.
> Ability to work as a team player, as well as independently,
> Outstanding communication skills in English necessary to effectively interact with and influence internal and external stakeholders; fluency in Asian languages (e.g. Mandarin and/or Cantonese) advantageous.
> Strong analytical skills, detail-oriented, motivated and team player.
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize 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.
