Regulatory Reporting Operations- Associate

Morgan Stanley•New York, NY

1d•$82,000 - $133,000

About The Position

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 > 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. > 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 We do it in a way that's differentiated - and we've done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. 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. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser. Expected base pay rates for the role will be between $82,000 and $133,000 per year at the commencement of employment. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Requirements

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, is a plus

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
Improvement of controls, ensuring 100% reporting accuracy, and compliance to regulatory rules.
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.
Ability to operate independently with respect to some job responsibilities
Culture carrier across Operations, embracing the Firm's core values