Private Markets Compliance Associate

Morgan Stanley • New York, NY

1d • $800,000 - $115,000

About The Position

We're seeking someone to join our team as a Compliance Associate in Wealth Management Compliance to advise EquityZen and our quickly growing Private Markets business as we build compliant, scalable products and platforms. In the Legal & Compliance division, we assist the Firm in achieving its business objectives by facilitating and overseeing the Firm's management of legal, regulatory and franchise risk. This is an Associate level position within the Wealth Management Compliance Investment Products Advisory team, which provides advice and guidance to its business units, offers advice from product inception to product management, ensures alignment with regulatory initiatives, and creates efficient controls and processes that mitigate risk. 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. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work. At Morgan Stanley, we advise, originate, trade, manage and distribute capital for people, governments and institutions, always with a standard of excellence and guided by our core values. Morgan Stanley is dedicated to providing first-class service to our clients, in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world. In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading-edge solutions—and in the ability of capital to work for the benefit of all society.

Requirements

• 3+ years of experience in a compliance role at a broker-dealer, investment advisor, investment bank, or asset manager (experience at the SEC's Division of Examinations/OCIE, FINRA, or the OSC is a strong plus).
• Active Series 7 and Series 24 licenses.
• Experience reviewing marketing materials and advertising, specifically including performance advertising.
• Working knowledge of securities laws, private placements, FINRA rules, SEC rules, and AML regulations.
• Exceptional issue-spotting skills and a proactive orientation; able to identify potential problems, propose actionable solutions, take ownership, and drive processes to conclusion.
• Collaborative team player with outstanding initiative, organizational skills, attention to detail, uncompromising integrity, and outstanding judgment.
• Strong verbal and written communication skills, bringing enthusiasm and a desire to teach others about legal obligations and compliance topics.
• Comfort adapting existing guidance to new markets, accompanied by a strong desire to research and learn about new and emerging issues.

Nice To Haves

• Experience in private placements, secondary markets, or FinTech marketplaces is a plus.
• Experience working with an Exempt Market Dealer, including having taken (or possessing an interest in taking) the Exempt Market Products Exam, the Canadian Securities Course Exam, or other Canadian exams.
• CAMS certification is a plus.

Responsibilities

• Help develop a cutting-edge FinTech marketplace by assessing and implementing new technologies, identifying opportunities for automation, and optimizing processes.
• Work cross-functionally with legal, deal, product, technology, and marketing teams.
• Communicate directly with customers and gain valuable client exposure.
• Assist with regulatory examinations, securities law matters, and the review of advertising and marketing materials.
• Proactively update, test, maintain, and develop policies and procedures to meet changing regulatory milestones.
• Engage in risk-based monitoring, communications review, and help the firm meet all compliance requirements.
• Prepare Form ADV, 4530 Complaint filings, and other necessary regulatory filings.
• Provide training and advocate for a strong culture of compliance throughout the organization.
• Stay informed and continuously learn about the most promising venture-backed companies and VC firms.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees