Vice President Compliance Program Oversight

Morgan Stanley•Boston, MA

3d•$105,000 - $185,000

About The Position

The Core Compliance, Oversight and Governance team is responsible for the framework, governance and oversight functions within Invest Management Compliance. The Vice President - Compliance Program Oversight is responsible for supporting the design, implementation, and ongoing effectiveness of MSIM's global Compliance Program, including the 1940 Act Compliance Program. This role partners closely with the Chief Compliance Officers of the 1940 Act Funds and registered investment advisers (RIAs), Legal, Risk, and business stakeholders in maintaining a compliance governance framework across the RIAs and U.S. registered funds that effectively meets applicable regulatory requirements and standards. The position plays a critical role in supporting Board governance, regulatory compliance, and enterprise-wide risk oversight. The individual will lead key program initiatives, including the continued Fund Policy alignment, across multiple fund complexes and will serve as a key contributor to broader program efforts.

Requirements

Bachelor's degree required
8+ years of compliance, legal, audit, risk, or regulatory experience.
Significant experience supporting: Registered Investment Advisers (RIAs), Registered Investment Companies (40 Act Funds) and Compliance programs under Rules 206(4)-7 and 38a-1
Prior experience interacting with fund boards, senior management, or regulators.
Strong working knowledge of: Investment Advisers Act of 1940, particularly Rule 206(4)-7
Investment Company Act of 1940, particularly Rule 38a-1
Fund governance requirements
Fiduciary obligations of advisers
SEC examination priorities and enforcement trends
Service provider oversight frameworks

Responsibilities

Support the Chief Compliance Officers (CCOs) in the administration and enhancement of MSIM's Compliance Program, ensuring adherence to the requirements of Rule 38a-1 under the Investment Company Act of 1940 and Rule 206(4)-7 under the Investment Advisers Act of 1940.
Serve as a key coverage lead for the service provider oversight program for registered investment companies by conducting comprehensive due diligence reviews of fund service providers. Responsibilities include onboarding assessments, ongoing monitoring, and evaluation of control environments, service delivery, operational resilience, and regulatory compliance to ensure effective oversight and alignment with firm standards and regulatory expectations.
Support the implementation and execution of the Firm's Non-Financial Risk Assessment (NFRA) framework, partnering with stakeholders to identify, assess, monitor, and report non-financial risks while ensuring alignment with regulatory requirements and enterprise risk management standards.
Take a leadership role in the preparation of Board and senior management reporting, including quarterly compliance reports, dashboards, executive summaries, and ad hoc presentations.
Coordinate across Compliance, Legal, Risk, and business stakeholders to deliver accurate, timely, and consistent reporting to the 1940 Act Fund Boards, senior management, and regulators.
Track, manage, and drive resolution of action items arising from Board and governance meetings.
Support the 1940 Act Funds' compliance testing program by planning and executing risk-based annual compliance reviews.
Ensure testing is appropriately scoped, thoroughly documented, and aligned with regulatory expectations.
Monitor findings, remediation efforts, and emerging risk trends, and oversee incident management activities, including control failures, policy violations, and regulatory issues, to ensure effective root cause analysis and timely corrective action.
Monitor and evaluate the effectiveness of compliance controls and governance processes, identifying opportunities for enhancement and partnering with stakeholders to implement sustainable solutions that strengthen the overall compliance framework and risk management environment.