Vice President Compliance Testing

Morgan Stanley•Dallas, TX

6d•$110,000 - $162,500•Hybrid

About The Position

The Vice President Compliance Testing role is part of Morgan Stanley’s Non-Financial Risk Department within the Legal and Compliance Division. The Americas ISG Compliance team helps manage the second-line-of-defense Institutional Securities Group (ISG) non-financial risk program, including risks spanning business lines, legal entities, and jurisdictions. The ISG Americas Compliance Testing Team assesses activities across Sales and Trading, Investment Banking, Global Capital Markets, and Research for compliance with applicable laws, regulations, and Firm policies and procedures. It also assesses the design and operating effectiveness of controls for relevant processes in the United States, 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 across Institutional Equities, Fixed Income, Commodities, Futures, Prime Brokerage, Investment Banking, Research, and Operations. Reviews include desk, branch, and targeted tests, primarily evaluating control design and operating effectiveness and compliance with applicable requirements. The position conducts and, depending on experience and level, manages tests, including information-gathering sessions, walkthroughs, substantive on-site testing, documentation, reporting, and follow-up of findings through resolution. Strong technical and analytical skills are desired as data analytics and artificial intelligence become more integrated into the testing program. The position requires working in the office at least four days per week. 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.

Requirements

At least 5 years of compliance experience in financial services, a regulator, a self-regulatory organization, compliance testing, or 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.
Demonstrated experience leading reviews for the Vice President level.
Excellent time management, 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.

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 testing 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 across Institutional Equities, Fixed Income, Commodities, Futures, Prime Brokerage, Investment Banking, Research, and Operations.
Conduct desk, branch, and targeted tests evaluating control design and operating effectiveness and compliance with rules, regulations, and Firm policies and procedures.