Alternative Investments Compliance Officer

Morgan Stanley • Dallas, TX

12d

About The Position

We're seeking someone to join our team as an Alternative Investments Compliance Officer in Wealth Management Compliance to provide regulatory and compliance advice and guidance to the Wealth Management business groups that are involved in either the design, sale, control, and approval or Alternative Investments, or are focused on client services.

In the Legal & Compliance division, we assist the Firm in achieving its business objectives by facilitating and overseeing the Firm's management of legal, regulatory and franchise risk. This is a Vice President level position within the Investment Product Compliance team, which is responsible for guiding business units from product inception through management to ensure regulatory alignment, mitigate risk through efficient controls, and maintain compliance by monitoring and updating policies in response to an evolving regulatory environment.

Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

Requirements

• In depth product knowledge (previous product experience with Private Placements/Alternative Investments, including (a) Hedge Funds, (b) Private Equity/Real Estate/Credit Funds, (c) Interval Funds, (d) Non-Traded REITs, and (e) Exchange Funds.
• Familiarity with current alternative investments and financial regulatory requirements, and ability to analyze and assess new rules and regulations.
• Bachelor's Degree from an accredited U.S. college or university.
• 8+ years' relevant experience would generally be expected to find the skills required for this role
• Strong interpersonal and written/verbal communication skills.
• Strong analytical, problem-solving and organizational skills.
• Ability and interest in reading regulations and focusing on details.
• Ability to prioritize and work in a dynamic, deadline-focused environment.
• Compliance and operational risk management assessment skills: experienced in the process of assessing the compliance and operational risks associated with a business environment (including non-financial risk assessments, incident reporting, capital requirements, etc.)
• Results oriented: setting goals and priorities that maximize the use of resources available to consistently deliver quality results.

Responsibilities

• Advise the business groups in connection with the planning, implementation, and after-sale stages of the product development process - NPC/NPA Process.
• Review the adequacy of existing policies and procedures of the business groups and, if appropriate, recommend and help implement improvements in those areas.
• Understand and assess the implications of regulatory initiatives affecting the business groups, and assist in the implementation of new initiatives and controls.
• Work with the Compliance Monitoring and Testing teams to create/enhance processes/tests.
• Create product-related training.
• Lead key projects and strategic initiatives relating to regulations/rules for specific products or business services.
• Liaise with additional groups, including but not limited to the Regulatory Examination Group, the Early Dispute Resolution Unit, Operations, and Risk Units on matters pertaining to Alternative Investments compliance coverage

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level