Equities Sales & Trading Compliance Advisory Vice President

Morgan Stanley • New York, NY

5d • Hybrid

About The Position

Morgan Stanley is seeking a Vice President to provide Compliance Coverage for ISG Equity Sales and Trading. The role sits within the Global Compliance Department and supports the Institutional Equity Division (IED) Compliance Coverage team in advising and assisting IED with coordinated, comprehensive, and forward-looking independent coverage of non-financial risks across the Institutional Securities Group. The team reviews business, compliance, regulatory, and supervisory processes and practices; coordinates plans to address potential issues and fulfill regulatory obligations; and promotes best practices.

The position provides compliance advisory support to IED and support functions, including Technology, Risk, Operations, Controllers, and Finance. Coverage includes equities, exchange-traded products, convertibles, and/or derivative products. The role advises business personnel on regulatory requirements, compliance risk management, and Firm policies; helps maintain compliance documentation and supervisory procedures; supports regulatory examinations, inquiries, and audits; provides training; monitors regulatory developments; and works with Technology and Risk Management to ensure trading technology and practices remain compliant.

Morgan Stanley describes itself as a global financial services firm operating in more than 40 countries. The position requires attendance in the office four days per week. Expected base pay is $120,000 to $210,000 per year at commencement; actual base pay is individualized, and total compensation may also include commissions, incentive compensation, discretionary bonuses, other short- and long-term incentives, and sponsored benefit programs.

Requirements

• Seven or more years of related experience in investment banking.
• Ability to effectively review and analyze data and situations and apply judgment to resolve issues in a timely manner.
• Strong knowledge of institutional equities broker-dealer regulatory compliance, including SEC, FINRA, and other Exchange rules and regulations.
• Motivated self-starter with proficient time-management skills and the ability to initiate and manage projects.
• Strong communication skills and confidence communicating with senior sales and trading personnel.
• Strong analytical skills and comfort working with large volumes of trade data.
• Comfort interacting with Technology and Operations teams and communicating regulatory requirements to them.
• Bachelor's degree required.

Responsibilities

• Provide compliance advisory support for IED and support functions, including Technology, Risk, Operations, Controllers, and Finance.
• Advise traders, sales traders, sales personnel, supervisors, Technology, and others on regulatory requirements, compliance risk management, and Firm policies.
• Cover equities, exchange-traded products, convertibles, and/or derivative products.
• Communicate with traders, sales personnel, supervisors, and others to assess risk and remediate issues.
• Assist in creating, maintaining, and implementing compliance manuals, policies, procedures, and written supervisory procedures.
• Assist with regulatory examinations, inquiries, and audits.
• Design and deliver applicable training for business unit personnel.
• Monitor regulatory developments and trends and take appropriate action to ensure the business unit complies with new and amended regulations.
• Interact with Technology and Risk Management to ensure trading technology and trading practices remain compliant with Firm policies and industry regulation.

Benefits

• Comprehensive employee benefits and perks.
• Commission earnings, incentive compensation, discretionary bonuses, and other short- and long-term incentive packages may be included in total compensation, depending on the position.

What This Job Offers

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