Regulatory Reporting Operations- Associate

Morgan Stanley•New York, NY

About The Position

We're seeking someone to join our team as an Associate in Operations to be responsible for the firm's daily CAT operations reporting needs and operate priorities to align the outcome of the program with the organization's overall business goals. The individual will be part of the CAT team. In the Operations division, we partner with business units across the Firm to support financial transactions, devise and implement effective controls and develop client relationships. This is an Associate level position within Core Services, which is responsible for performing and managing product-agnostic and centralized operational services across several businesses and products. Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals. Interested in joining a team that's eager to create, innovate and make an impact on the world?

Requirements

Comprehensive knowledge and understanding of functional area and operational/compliance policies and procedures of their team
Ability to operate independently with respect to some job responsibilities
Culture carrier across Operations, embracing the Firm's core values
Expertise in the trade lifecycle and the various downstream user requirements of trade and financial data
Control and Risk focus.
Excellent written and verbal communication skills and confidence to lead meetings.
Self motivated with a strong sense of ownership and accountability for tasks and people
Strong knowledge on multi jurisdiction regulatory reporting, exception investigation, material economic terms investigation and governance & metrics.
Experience with transaction reporting preferably in FINRA Consolidated Audit Trail (CAT) or CFTC (Commodity Futures Trading Commission)
Knowledge of basic terminologies used in the financial services sector.
Knowledge of project management and change management principles.
At least 4 years' relevant experience would generally be expected to find the skills required for this role

Nice To Haves

Understanding of Automation platforms (Alteryx/Power apps/Ui Path) to eliminate manual processes and reduce errors

Responsibilities

Execute complex processes and assist a Team Manager in coordinating processes, risks and/or projects in a Team Lead capacity
Recognize risk in day-to-day processes to draw out the key issues and leverage detailed knowledge to propose changes in process
Train others, allocate tasks and support with first line escalation where required
Share expert knowledge across the team, contribute to team output and development, building relationships across the Firm
Interface with multiple operations stakeholders, Business Unit, Legal, Compliance and Technology for investigation of reporting and reconciliation exceptions, identify root causes and run governance for resolution
Monitoring and governance of data quality, FINRA CAT linkage exceptions, upstream and downstream systemic issues, industry platform issues.
Ensure timely escalation of any issues to stakeholders
Working knowledge of CAT/CFTC
Improvement of controls, ensuring 100% reporting accuracy, and compliance to regulatory rules.
Understanding of Automation platforms (Alteryx/Power apps/Ui Path) to eliminate manual processes and reduce errors, is a plus
Interface with Industry forums to provide representation of the firm's requirements. i.e. Industry working groups
Take lead in moderately complex initiatives and deliverables.