TTRO Regulatory Reporting- Director

Morgan Stanley•New York, NY

9d•$82,000 - $133,000

About The Position

Trade Transaction Reporting Operations (TTRO) within Operations Risk and Regulatory Control (ORRC) is responsible for ensuring Morgan Stanley meets its reporting obligations accurately and on time for specific jurisdictions by collaborating with teams across Operations, Tech and Data, and Legal and Compliance. TTRO includes Operations Run the Bank (RTB) and Change the Bank (CTB) teams, as well as Transaction Reporting IT teams. The primary role is to reduce Regulatory Risk by supporting new regulatory requirements, monitoring and remediating existing controls, ensuring smooth Business As Usual (BAU) functioning through exception management, which involves understanding and resolving internal & DTCC rejections to improve and maintain the firm's reporting accuracy. The successful candidate will join the TRRO Run The Bank (RTB) team for North America jurisdictions for OTC derivatives (CFTC, SEC, CSA), working with global colleagues across Business Units, Legal and Compliance, Operations, and Technology to fulfill Trade and Transaction Reporting requirements.

Requirements

7-10 years of experience in regulatory reporting will be preferred with knowledge of regulations related to Dodd Frank Act
Product knowledge on OTC Derivatives
Strong analytic and problem solving/process improvement skills including knowledge of SQL.
Ability to learn quickly and solve vaguely defined problems.
Ability to develop strong relationships and personal credibility with stakeholders and understand their needs and requirements.
Ability to excel in an environment of ambiguity by quickly adapting behaviour and work methods to adjust to multiple demands and shifting priorities.
Strong oral and written communication skills.

Nice To Haves

Working experience with AI, Alteryx, Power Apps, SQL is a plus
Strong product knowledge on OTC Derivatives (e.g. FX, Commodities, Equity, Credit and Interest Rates)
Strong Functional knowledge trade life cycle
Strong experience in MS Office (Excel, Power Point etc)
Working knowledge & experience of data analytics tool such as PowerBI, SQL, Python is preferred

Responsibilities

Daily monitoring & investigation of breaks and exceptions across various internal controls.
Resolving reporting issues via manual remediation of reported attributes.
Transformation and automation of existing processing leveraging AI, Alteryx, Power Apps.
Work with cross division stakeholders (TTRO, Trade Support, Technology & Business Unit) to investigate the potential reporting issues and their root cause.
Raising JIRAs for issues identified & getting them prioritized for delivery with CTB and Tech partners.
Review the existing reporting processes and control framework to identify enhancements and opportunities for continuous improvement.
Identify and deliver necessary reporting process change to maintain compliance with an evolving regulatory reporting and business change environment.
Participating in ISDA and other Industry forums to understand and track the discussions and do follow ups with internal stakeholder as needed.
Training new joiners/juniors in the team as and when required.
Reviewing the change solutions and testing evidence.