Associate, Coverage Advisory

Morgan Stanley • New York, NY

1d • $120,000 - $120,000

About The Position

Morgan Stanley Services Group, Inc. is seeking an Associate, Coverage Advisory in New York, New York to ensure the Firm's products comply with all relevant laws and regulations by preparing and submitting documentation, staying current with regulatory changes, and acting as a liaison with government agencies. Ensure the Firm is in compliance with Swap Dealer obligations, including transaction reporting and business conduct regulations. Provide guidance on updates to system architecture of the Firm’s transactional reporting systems. Advise in the development of Firm systems and enhancements to ensure regulatory requirements are met. Train Operations staff on regulatory issues related to their business unit’s coverage area. Assist the Firm’s Regulatory Inquiries Group and Examinations team with FINRA, SEC, NFA and CFTC exams and regulatory requests. Overlook monitoring activities and desk reviews to monitor for compliance with relevant regulations and internal policies. Assist with the semi-annual sub certification process mandated by the CFTC. Partner with the Operations team to guide enhancements to the Firm’s transaction reporting control framework.

Requirements

• Requires a Bachelor’s degree in Business Management, Finance, or a related field of study
• Requires two (2) years of experience in the position offered or two (2) years as an Operations Specialist, Analyst, or a closely related occupation
• Requires two (2) years of experience with the following skills: Regulatory reporting including reporting to the Commodity Futures Trading Commission (CFTC), the Securities and Exchange Commission (SEC), and Canadian Securities Administrators (CSA); third-party regulatory frameworks including the International Swaps and Derivatives Association (ISDA), and Depository Trust & Clearing Corporation (DTCC); over-the- counter (OTC) derivatives; fixed-income products; the full trade lifecycle from pre-onboarding to settlement; Power BI; data analytics including trend analysis, diagnostic testing, and quality and completeness analysis; SQL; writing, maintaining and updating procedures; regulatory interpretation and implementation; and cross-functional collaboration.

Responsibilities

• Ensure the Firm's products comply with all relevant laws and regulations by preparing and submitting documentation, staying current with regulatory changes, and acting as a liaison with government agencies.
• Ensure the Firm is in compliance with Swap Dealer obligations, including transaction reporting and business conduct regulations.
• Provide guidance on updates to system architecture of the Firm’s transactional reporting systems.
• Advise in the development of Firm systems and enhancements to ensure regulatory requirements are met.
• Train Operations staff on regulatory issues related to their business unit’s coverage area.
• Assist the Firm’s Regulatory Inquiries Group and Examinations team with FINRA, SEC, NFA and CFTC exams and regulatory requests.
• Overlook monitoring activities and desk reviews to monitor for compliance with relevant regulations and internal policies.
• Assist with the semi-annual sub certification process mandated by the CFTC.
• Partner with the Operations team to guide enhancements to the Firm’s transaction reporting control framework.

What This Job Offers

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