Fixed Income Compliance Officer, Vice President - Securitized Products and Rates

Morgan Stanley•New York, NY

2d•$120,000 - $205,000

About The Position

We are seeking someone to join Global Compliance as a Vice President who will provide advisory compliance support for the Securitized Products Sales & Trading, Origination and Lending and the Rates Sales & Trading businesses. Candidate will be expected to provide advice on FINRA, CFTC, Federal Reserve, OCC and SEC rules, regulations and interpretive guidance, as well as applicable internal policies and procedures. The Global Compliance Department manages a Firmwide Compliance Risk Management program, including Compliance risks that transcend business lines, legal entities and jurisdictions of operation. The Fixed Income Division ("FID") Compliance Group provides a comprehensive advisory and control service to FID to monitor business activities for adherence to both Firm and regulatory requirements. FID is divided into three primary business areas: 1) Macro (including Interest Rates and FX); 2) Credit Complex (including Credit Corporates, Securitized Products and Municipal Securities); and 3) Commodities. The FID Compliance Group provides advisory support to each business unit within FID. 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

Minimum 7-10 years of fixed income compliance or legal experience
In-depth understanding of Securitized Products suite including agency and non-agency securities (ABS, RMBS, CMBS, CLO, CMO), swaps and security-based swaps, residential mortgage loan trading and securitization, commercial mortgage origination and securitization and consumer loans
In-depth understanding of Rates Products suite including Treasury market practices, Treasury primary dealer auction activities, interest rate swaps and futures
Detailed knowledge of broker-dealer regulatory compliance including FINRA, CFTC and SEC regulations
Excellent communication skills, with the confidence, credibility, and ability to work effectively within the organization, and communicate and interact with both junior and senior business personnel
Strong organization skills with the ability to multitask and prioritize
Bachelor’s Degree required

Nice To Haves

J.D. (optional)

Responsibilities

Provide Compliance support for the Securitized Products Sales & Trading, Origination and Lending desks and the Rates Sales & Trading desks, as well as related support functions
Demonstrate ability to effectively review and analyze complex situations and apply judgment to resolve issues in a timely manner with minimal supervision.
Proficient in time management and able to initiate and manage projects.
Communicate with business management, risk management, Sales & Trading, Origination and Lending desk personnel regularly and address issues on a real-time basis
Actively monitor regulatory developments and trends, participate in industry forums to address new rule proposals, and take appropriate action to ensure the business unit understands and complies with new or amended regulations, including updates to desk policies and procedures and training
Assist other control functions in the maintenance of written supervisory procedures
Interact with operations and technology support to ensure trading technology and trading practices remain compliant with Firm policies and industry regulation
Assist in regulatory reviews, audits, and other examinations
Assist in developing policies, procedures, and training
Candidate should be proficient in time management and able to initiate and manage projects.