Manager - Compliance Monitoring

Job Description

Compliance Monitoring Division: Legal & Compliance JobTitle: Compliance Monitoring Manager Location: Mumbai (NKP)Job Level: Manager Company Profile Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firms employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture. Department Profile Legal and Compliance Legal & Compliance Division (LCD) comprises of Legal, Compliance, Global Financial Crimes and Regulatory Relations. The Legal Department provides guidance, requirements and procedures for understanding and complying with the laws, regulations and Firm policies that apply to our businesses. The Global Compliance Department identifies applicable Compliance Obligations and maintains a Firmwide Compliance Risk management program, including Compliance Risks that transcend business lines, legal entities and jurisdictions of operation. Global Financial Crimes is responsible for the development and governance of the Firms financial crime prevention efforts across all regions and business units. Global Financial Crimes is comprised of the Anti-Money Laundering (AML), Sanctions, Anti-boycott, Anti-Corruption (ACG), Government, and Political Activities Compliance (GPAC) programs. The Global Regulatory Relations Group (GRRG) is responsible for strategic and centralized management of the supervisory activities of Morgan Stanleys regulators and related developments globally, with a focus on regulatory reviews and examinations and continuous monitoring activities. GRRG serves as the central point of contact for the regulatory staff responsible for supervisory activities at Morgan Stanley entities and for timely reporting to Firm management and other governance or management bodies, as appropriate, on those relationships and supervisory processes, including areas of significant regulatory focus or concern. LCD Center of Excellence Mumbai (LCDCoE) is a part of Morgan Stanleys Global In-house Center, which provides global support to LCD and is an integral part of Firm and LCD strategy, *Primary ResponsibilitiesThe candidate will have several areas of responsibility including, but not limited to, the following:Performing monitoring activities/ test checks (audits) by analyzing regulations and internal policies/rules for each monitoring topic to ensure compliance with the relevant regulations and policies/rules Ability to lead a monitoring audit (check) or subcomponents of itOn-going communication with senior management and other stakeholders to discuss status and results of monitoring audit (checks), and support in the preparation of metrics as per requirementPartner with global peers and provide Compliance and Regulatory Subject Matter Expertise to Business colleagues and peersExtracting data from multiple sources, organizing in a standardized format, and conducting a meaningful analysisExecution of the monitoring activities within departmental methodology/ policies and standardsEnsuring detailed and self-explanatory documentation of work-papersDrafting reports for completed reviews using global templatesResponding to monitoring quality assurance queries from regional Compliance teamsIdentification of areas requiring attention or findings and assessment of relative riskPresentation of findings and recommendations to Compliance Managers in the Regional Compliance Teams Helping to follow-up on review findings until resolutionSkills required (essential)The ideal candidate will have 5-7 years professional experience in Internal Audits or Compliance Testing or monitoring at a financial institutionProficient in performing data analysis, walkthroughs, controls and substantive testing, high level of attention to detail, interpreting laws or regulations and perform multi tasks while meeting internal quality assurance standardsExcellent communication skills (written and oral), should possess strong interpersonal, organizational, time management skills and ability to work effectively with colleagues across regions and Business UnitsCreative problem resolution skills with the strive to bring innovative ideas within a progressive and fast-paced environment. Self-motivated and willing to assume ownership and accountabilityProficient in MS Office Suite and internet applications/toolsSkills desiredInvestment/Asset Management knowledge/experience will be preferredHas the ability to effectively handle a fast-paced environment and successfully meet established deadline requirementsAbility to research and resolve issues independently while working across teams to acquire informationKnowledge of global markets / market regulationsIndustry qualifications - CA / CIA or similar certification CoverageMonday to Friday from 11:30AM to 8:30PM. Coverage is dependent on business needs so flexibility on required finish time or full days coverage may be required during some Indian holidays.

Keyskills :
risk managementinternal auditsubject matter expertisecenter of excellencedata analysis