Regulatory Reporting Quality Assurance Vice President

Morgan Stanley • New York, NY

5d • $120,000 - $205,000

About The Position

The role will reside within the Finance Division, under the Finance Risk and Assurance group, specifically into the group's Regulatory Reporting Quality Assurance team (RRQA). The Finance Risk and Assurance group is represented in our Glasgow, London, New York, Tokyo, Hong Kong and Mumbai offices performing an oversight, governance, and execution role in relation to the Finance division in support of the Firm's operational risk programs and objectives. The group interacts across all areas of Finance, Firm Operational Risk Department, the Front Office, Internal Audit as well as Operations, providing accurate risk reporting across Finance whilst furthering the risk management culture and infrastructure. The RRQA team within this group sits in the New York, Glasgow, and Mumbai offices. The Regulatory Reporting Quality Assurance Vice President will be responsible for performing various activities related to second line independent validations. They will work to promote completeness and accuracy of regulatory reporting data quality by independently validating Capital, Capital Planning, Credit and Market Risk, and Recovery & Resolution Planning processes and controls from transaction capture through to global regulatory reporting. Products subject to review may include derivatives, loans, securitizations, and other debt and equity. They will be responsible for working closely with global Pillar leads including Liquidity reporting. This is a Vice President level position within the Risk, Assurance, Governance & Control job family which provides oversight and monitoring of operational risk or third party/outsourcing for the global Finance division. Validation and testing of financial and regulatory reports. Also may include responsibility for control and governance reinforcing regulatory requirements, policies and procedures. Includes FinRiA and functional Risk leads.

Requirements

• A bachelor's degree in an accounting, finance or business discipline, supported by 10+ years work experience, preferably in financial services or in a public accounting firm
• Experience working in the financial services industry, with an understanding of CCAR, Basel, Liquidity and/or other regulatory reporting (e.g., prior experience in a line role or supporting a finance or reporting function)
• Ability to organize and present data in a meaningful way, including analysis and summaries detailing information from various sources
• Strong documentation skills including the audit scope, test papers and issues that may arise

Nice To Haves

• Prior audit (external, internal and/or SOX) experience
• Experienced with testing and assessing remediation plans
• Robust analytical and problem-solving skills; exhibit professional skepticism and curiosity
• Strong communication skills including presentation and written skills, including the ability to liaise with and influence senior subject matter experts
• Possesses keen attention to detail and able to manage time efficiently
• Seeking a candidate who is positive, proactive, engaged and open to new ways of doing things
• Ability to work within a team and to collaborate with peers and leadership to create effective solutions to validation issues

Responsibilities

• Cultivating relationships across the organization with key constituency groups, such as Regulatory Reporting, Product Controllers, Operations, Treasury, Technology, Credit Risk, and Market Risk
• Monitoring, tracking and reporting/presenting project progress to Senior Management
• Perform data analysis to identify anomalies or issues in the testing approach
• Identify the root cause for control deficiencies and evaluate management action plans to address deficiencies
• Document internal activities, identified issues, and conclusions to assist the

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees