Vice President, Bank Compliance – Institutional Business and Regulation W Coverage

Morgan Stanley•Dallas, TX

56d•$108,000 - $162,000

About The Position

We're seeking someone to join our team as a Bank Compliance - ISG Coverage Officer in the U.S. Banks Non-Financial Risk to serve as Subject Matter Expert in providing compliance advice and guidance to institutional businesses on the U.S. Banks with respect to banking rules and regulations. 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 a Vice President level position within the U.S. Banks Institutional Banking & Lending Compliance Team, which is responsible for providing Compliance coverage for (i) Institutional Securities Group businesses with respect to all U.S. banking rules and (ii) all business segments with respect to certain compliance programs, such as Regulation W, Regulation O and Government Securities Act.

Requirements

Bachelor's degree required.
8 or more years of compliance and/or regulatory experience with knowledge of the financial services industry, regulatory requirements, and experience in analyzing business risk and best practices.
Knowledge of banking regulations from the OCC and Federal Reserve, and how they apply to bank products.
Ability to discuss and explain how regulations apply to certain products.
Highly organized and detail-oriented with strong analytical skills.
Organizational skills to manage multiple projects and ability to work independently in a fast-paced environment.
Strong interpersonal and teamwork skills, as well as excellent oral and written communication skills.
Strong client-relations skills and ability to partner with clients to develop practical solutions that meet business needs while remaining compliant with applicable laws and regulations.
Able to perform analysis and problem identification, determine solutions and best execution and able to work under specific deadlines.
Strong work ethic and drive.
Strong sense of integrity and ethical leadership.

Nice To Haves

MBA or JD preferred.
CRCM preferred.

Responsibilities

Provide advice and guidance with regard to compliance requirements of Regulation W, Regulation O, Anti-Tying rules, and Government Securities Act regulations.
Support the creation, maintenance, and revision of existing and new policies and procedures relating to banking rules and regulations.
Conduct appropriate Compliance monitoring.
Provide periodic updates to senior management on compliance matters.
Prepare compliance related KRIs and dashboards.
Support the development of and conduct compliance trainings for relevant employees.
Participate in compliance risk assessments and contribute to the development of the Annual Compliance Plan.
Support the Bank Non-Financial Risk Testing team with their reviews.
Analyze compliance requirements for New Product Approvals and coordinate with relevant stakeholders in ensuring appropriate controls are established to mitigate compliance risk.