Compliance Monitoring

Division: Legal & Compliance Job Title: Associate - Compliance Monitoring

Location: Mumbai (Commerz III) Job Level: Associate

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 Firm's 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 ethics. 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 Firm's 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 Stanley's 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 Stanley's Global In-house Center, which provides global support to LCD and is an integral part of Firm and LCD strategy.
? Primary Responsibilities

The candidate will have several areas of responsibility including, but not limited to, the following:
Analysis of regulations and internal policies/rules for each monitoring topic
Extracting data from multiple sources, organizing it in a standardized format, and conducting a meaningful analysis
Assist in developing and executing Monitoring Checks in line with global monitoring and testing standards.
Ensuring detailed documentation of monitoring work papers
Drafting reports on monitoring completed using global templates.
Track and promptly update progress of testing/monitoring plan reviews and other activities.
Assist with follow-ups and track status of coming due actionable items.
Ensure records are maintained accurately and updated within required timelines.
Collation and analysis of Management information (MI) - Ability to analyze and interpret various data points which depict Testing (Audit) review annual plan status, Monitoring Check status and issues and action plan status.
Create and analyze various MI and metrics to help identify and quantify risk within the Compliance function, various Business Units, Infrastructure functions, and Firm Management.
Work on ad-hoc senior management requests and prepare senior management presentations.
Assist in performing follow-ups and closing overdue issues.
Communicate effectively with management and staff, both locally and overseas.
Ensuring detailed and self-explanatory deliverables.
On-going communication with senior management and other stakeholders to discuss status and results of testing(audit) reviews and monitoring audits (checks)

Skills required (essential)

3 to 5 years' working experience, preferably in professional services or financial services.
Experience of performing Compliance activities or audit reviews. Experience in Compliance Testing, monitoring or Internal Audits
Experience in interpreting laws or regulations
Excellent relationship building and stakeholder management skills.
Strong attention to detail.
Ability to communicate issues and come up with pragmatic proposals.
Confident self-starter and proactive approach to problem solving.
Ability to remain focused under pressure and prioritize workloads.
Able to work both as a team player as well as independently.
Sound judgement and ability to effectively respond to issues and escalate appropriately.
Strong proficiency in Excel, Word, SharePoint, and PPT.

Skills desired

Has the ability to effectively handle a fast-paced environment and successfully meet established deadline requirements.
Ability to research and resolve issues independently while working across teams to acquire information.
Due to the multi-tasking nature of the role, the candidate should be able to prioritise workload and meet deadlines.

Coverage

Monday to Friday from 11:30AM to 8:30PM. Coverage is dependent on business needs so flexibility on required finish time or full day's coverage may be required during some Indian holidays.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talents.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years.  Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.