VP, Frameworks Compliance Officer

Morgan Stanley • New York, NY

2d

About The Position

Frameworks Compliance Officer, VP Morgan Stanley is seeking a Compliance Officer to join the Swap Dealer Compliance group (the Group) in its Global Compliance Department. The Group is responsible for the implementation and management of the overall compliance program for the Firm's CFTC-regulated swap and SEC-regulated security-based swap business activities globally. On a day-to-day basis, the position supports the Head of Swap Dealer Compliance and works closely with various businesses and control functions to help ensure that the Firm appropriately addresses the regulatory risks relative to its swap and security-based swap business activities. The Group also operates a similar global framework to assist the Firm's non-U.S. entities with respect to compliance with Regulation K under the Federal Reserve Act The principal responsibilities of this position include: > Assisting in developing and maintaining a robust global compliance program for the Firm's swap and security-based swap dealers, including assisting each applicable Chief Compliance Officer (CCO) in satisfying their duties and responsibilities under CFTC and SEC rules. > Assisting with annual gap analyses to identify and update impacted policies globally based on new or amended swap and security-based swap regulations or guidance promulgated by the CFTC, NFA, and SEC. > Assisting with the development and implementation of policies/procedures to comply with international regulation applicable to the Firm's swap and security-based swap activities, particularly those activities implicating U.S. jurisdiction. > Works with regulators, regional Compliance coverage, internal and external subject matter experts, and business unit management to continue to enhance and implement consistent global standards for the Firm's global swap dealer and security-based swap dealer compliance framework. > Assisting in developing and maintaining a robust global compliance program to ensure that the Firm's non-U.S. banking operations are operating pursuant to the restrictions and conditions set forth in Regulation K of the Federal Reserve Act, including those provisions applicable to non-U.S. banks. > Recommending and implementing enhancements to the compliance programs described above and related policies/procedures to ensure that they are reasonably designed to achieve compliance with applicable requirements. > Advises the business on regulatory developments and related control enhancements > Developing and maintaining reports for review by senior management analyzing compliance issues, conflicts of interest, or other matters including tracking status of issues disclosed in annual reports. > Working with business management and compliance surveillance, testing, and audit staff on the development of applicable controls and surveillance. > Working with compliance training staff on the development and coordination of initial and ongoing training for employees on requirements impacting the frameworks maintained by the Group.

Requirements

• At least 4-7 years of compliance or regulatory experience, preferably with an investment bank, federal regulator or self-regulatory organization, or in a risk management function or law firm
• Strong knowledge of Title VII of the Dodd-Frank Act as pertains to the obligations of swap and security-based swap dealers and/or Regulation K
• Familiarity with global derivatives and/or banking regulation
• Self-starter who is able to execute time-sensitive projects against plans
• Strong inter-personnel skills with a focus on developing relationships at all levels and across functions
• Experience in presenting to management
• Exceptional attention to detail and strong analytical skills
• Proficiency in Excel, PowerPoint, and Microsoft Office
• Bachelor of Arts degree or equivalent required; advanced degree preferred.

Responsibilities

• Assisting in developing and maintaining a robust global compliance program for the Firm's swap and security-based swap dealers, including assisting each applicable Chief Compliance Officer (CCO) in satisfying their duties and responsibilities under CFTC and SEC rules.
• Assisting with annual gap analyses to identify and update impacted policies globally based on new or amended swap and security-based swap regulations or guidance promulgated by the CFTC, NFA, and SEC.
• Assisting with the development and implementation of policies/procedures to comply with international regulation applicable to the Firm's swap and security-based swap activities, particularly those activities implicating U.S. jurisdiction.
• Works with regulators, regional Compliance coverage, internal and external subject matter experts, and business unit management to continue to enhance and implement consistent global standards for the Firm's global swap dealer and security-based swap dealer compliance framework.
• Assisting in developing and maintaining a robust global compliance program to ensure that the Firm's non-U.S. banking operations are operating pursuant to the restrictions and conditions set forth in Regulation K of the Federal Reserve Act, including those provisions applicable to non-U.S. banks.
• Recommending and implementing enhancements to the compliance programs described above and related policies/procedures to ensure that they are reasonably designed to achieve compliance with applicable requirements.
• Advises the business on regulatory developments and related control enhancements
• Developing and maintaining reports for review by senior management analyzing compliance issues, conflicts of interest, or other matters including tracking status of issues disclosed in annual reports.
• Working with business management and compliance surveillance, testing, and audit staff on the development of applicable controls and surveillance.
• Working with compliance training staff on the development and coordination of initial and ongoing training for employees on requirements impacting the frameworks maintained by the Group.

Benefits

• Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and X Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees.
• Please visit mybenefits.morganstanley.com to learn more about our benefit offerings.

What This Job Offers

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