Vice President Compliance Testing

Morgan Stanley•Dallas, TX

5d•$110,000 - $162,500•Hybrid

About The Position

Morgan Stanley is seeking a Vice President Compliance Testing professional for its Americas ISG Compliance Testing Team within the Legal and Compliance Division’s Non-Financial Risk Department. The team helps manage the second-line-of-defense Institutional Securities Group (ISG) Non-Financial Risk Management program, including risks that cross business lines, legal entities, and jurisdictions. It assesses ISG activities—including Sales and Trading, Investment Banking, Global Capital Markets, and Research—for compliance with applicable requirements and evaluates the design and operating effectiveness of controls across businesses in the US, Canada, and Latin America. Testing activities are coordinated globally with teams in EMEA and Asia. The role plans, prepares, and executes regulatory and compliance reviews for Institutional Equities, Fixed Income, Commodities, Futures, Prime Brokerage, Investment Banking, Research, and Operations. Reviews include desk, branch, and targeted testing focused on control effectiveness and adherence to laws, regulations, and Firm policies and procedures. The successful candidate will conduct and, depending on experience and level, manage tests, with demonstrated experience leading reviews expected at the Vice President level. The testing program increasingly incorporates data analytics and artificial intelligence. The role requires at least four days per week in the office. The listed location is temporary; the work location will transition to 1445 Ross Ave, Dallas, TX 75202 at a future date. In-person interviews are required. The expected Texas base pay range is $110,000–$162,500 per year at commencement. Actual base pay is determined individually, and total compensation may also include incentive compensation, bonuses, other incentive packages, and sponsored benefits.

Requirements

At least 5 years of compliance experience in financial services, with a regulator, a self-regulatory organization, in compliance testing, or in internal audit; experience should be commensurate with the Director or Vice President title.
Bachelor’s degree in Business, Finance, Accounting, Law, Risk Management, or a similar area of study.
Excellent verbal and written communication skills.
Strong understanding of institutional financial products, sales, trading, and systems.
Knowledge of risk and control in the financial industry and how to design and execute relevant assurance tests.
For the Vice President level, demonstrated experience leading reviews.
Strong time-management skills, attention to detail, and ability to execute tasks within tight deadlines.
Ability to facilitate meetings among stakeholders with diverse points of view.
Strong interpersonal skills and ability to work effectively with colleagues across regions and business units.
The role requires working in the office at least four days a week.
In-person interviews are required.

Nice To Haves

Experience designing and applying analytical, artificial intelligence, and technology tools for compliance testing.
Series 7, other securities or futures licenses, or audit certifications such as CIA, CA, or CISA.

Responsibilities

Conduct and, depending on experience and level, manage compliance tests.
Conduct information-gathering sessions with business-unit personnel, including management, banking, sales and trading, and support staff.
Contribute to or determine review scope.
Lead or participate in walkthroughs and perform substantive on-site testing.
Summarize test results; prepare and review workpapers; and prepare written test reports and relevant findings for discussion and agreement with management.
Track findings raised during reviews through resolution.
Plan, prepare, and execute regulatory and compliance reviews for Institutional Equities, Fixed Income, Commodities, Futures, Prime Brokerage, Investment Banking, Research, and Operations.
Perform desk, branch, and targeted tests focused on control design and operating effectiveness, and compliance with applicable requirements and Firm policies and procedures.