FID, Regulatory and Audit Engagement - Analyst/Associate
About The Position
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethics. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture. Department Profile The Firm is seeking an Analyst or Associate for its U.S. Business Control Unit (BCU) team, focused on regulatory, audit engagement, and compliance testing assessments across all Fixed Income Business Units, in addition to coordinating the implementation of new regulatory control requirements and remediation activities. BCU within the Fixed Income Division (FID) is the function that manages non-trading risk these include, but are not limited to, operational risk, compliance/conduct, regulatory & audit, sales/product governance, transactional risk. As a front office risk management team, FID BCU partners with our FID business stakeholders, the ISG Central Risk Team, as well as the infrastructure groups and second line control functions to establish and maintain an effective risk management program that is appropriately tailored to FID’s risk profile. The team has a global presence including in New York, London, Hong Kong, and Tokyo. Primary Responsibilities The candidate will be part of the BCU team dedicated to supporting North America Fixed Income businesses and expected to be comfortable leading tasks independently. The candidate is expected to provide advice, decision-making and action with respect to certain Regulatory and Internal Audit, Compliance Testing and other matters that have a relevant FID element. The candidate will work closely with other members in the BCU team across various locations. Daily or regular tasks related to the risk management function include but are not limited to:
Requirements
- Highly motivated self-starter with the ability to work under pressure and prioritize competing deadlines
- Ability to effectively manage various projects and deadlines, including tracking and coordinating responses to complex regulatory and audit requests with minimal oversight
- Quality of being a highly motivated self-starter with the ability to work under pressure and prioritize competing deadlines
- Exceptional organizational skills and a high degree of attention to detail
- Ability to assemble reporting on critical issues and deliver to senior stakeholders
- Ability to work on challenging assignments in a dynamic environment, synthesize information, gather relevant facts, and reach logical conclusions
- Excellent written and oral communication skills, as well as the ability to present ideas concisely and tailor messaging to various stakeholders
- 2-5 years of related work experience, with a background in financial services regulations, compliance, and/or risk management functions, as well as familiarity with Fixed Income products, preferred
- Strong Microsoft Excel and PowerPoint skills
Responsibilities
- Coordinate, develop and present business unit responses to requests and inquiries from regulators and auditors / internal testing groups
- Prepare formal tracking, status updates, metrics and other reporting for various regulatory, audit and testing items
- Facilitate governance committees, continuous monitoring, and ad hoc meetings as needed
- Assist in the business unit implementation of new or amended regulatory requirements
- Assist with tracking and remediation of regulatory, audit and testing findings
- Own and manage distinct implementation and remediation projects from start to finish
- Facilitate responses to risk management situations requiring immediate attention or escalation
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
