Job Description

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 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 ProfileLegal and ComplianceLegal & 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 Firmxe2x80x99s 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 Stanleyxe2x80x99s 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 xe2x80x93 Mumbai (LCD CoE) is a part of Morgan Stanleyxe2x80x99s Global In-house Center, which provides global support to LCD and is an integral part of Firm and LCD strategy.Background on the TeamThe successful candidate will plan and execute in-depth tests on topics assigned by ISG /WM /IM / Enterprise Ops Risk Compliance Testing. The team plans and executes the ISG /WM /IM / Enterprise Ops Risk Compliance Testing program.Primary ResponsibilitiesExecution of all phases of compliance testing, including scope determination, development of engagement memorandums, documentation of walkthroughs, execution of test procedures for key controls, discussion and documentation of issues, and report writing. Ensure execution of the compliance test plan within departmental methodology, policies, and standards.The candidate will have several areas of responsibility including, but not limited to, the following:ISG / IM/ WM / Enterprise Ops Risk Testing:

• Execute risk-based compliance testing to review and assess the effectiveness of the Firmxe2x80x99s policies and procedures including recommending corrective action plans for gaps identified from testing.
• Execution of reviews from initiation to completion including executing and documenting detailed walkthroughs of key processes to identify internal controls, developing, executing, and overseeing substantive testing of control and related procedures, and ultimately reporting identified issues.
• Communicating with Business Unit(s) and Compliance Coverage (as required) during various stages of review.
• Prepare written reports describing the tests conducted, results and corrective action plans.
• Coordinate with Compliance testing personnel to track the progress of the test plan for reporting to senior management.
• Track status of corrective action plans agreed upon with the business.
• Track internal audit reviews and findings and review internal audit work-papers to identify opportunities to leverage their reviews for compliance testing.
• Remain current on industry rules, regulations, and best practices to make recommendations to the testing program.
• Developing and maintaining strong working relationships with Business, Compliance, Legal and Risk groups
• Presentation of findings and recommendations to Compliance Managers in the Regional Compliance Testing Teams

• Understanding of SEC Rule 206(4)-7 to undertake procedural checks for IM business

Skills required (essential)

• The ideal candidate will have 8+ years of compliance testing/internal audit experience in Financial Services particularly Investment Banks, Investment Management, Mutual Fund, Securities broking firms
• Experience in interpreting laws/regulations
• Excellent oral and written communication skills
• Must have a high level of attention to detail & strong analytical skills
• Ability to multi-task and deliver sensitive requests on time
• Ability to articulate key points clearly and succinctly in group meetings as well as in one-on-one meetings.
• Strong sense of ownership and accountability
• Strong interpersonal, problem solving, organizational and time management skills
• Testing, surveillance, or auditing experience a plus.
• Strong analytical, organizational, and problem-solving skills.
• Ability to work independently, as well, as in a team.
• Ability to work with staff of all levels across departments.
• Proficiency with Microsoft Word, Excel, PowerPoint, Adobe, SharePoint, and ability to quickly learn automated systems, such as trade order management systems, portfolio accounting systems, pre/post trade surveillance systems and web applications.

Skills desired

• Knowledge of global markets / market regulations / investment banking functions
• Ability to research and resolve issues independently while working across teams to acquire information
• Be self-motivated and must have the ability to work independently
• Industry qualifications - CA / CPA/ CIA, MBA, or similar certification
• Internal Audit experience of Stock broking / Retail Banks / Investment Banking Firms will be preferred

CoverageMonday to Friday from 11:30 AM to 8:30 PM. Coverage is dependent on business needs so flexibility on required finish time or full dayxe2x80x99s coverage may be required during some Indian holidays or if the support is for Asia region then the coverage would be from 9:00 AM to 6:00 PMWHAT YOU CAN EXPECT FROM MORGAN STANLEY:We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values xe2x80x94 putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back xe2x80x94 that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, youxe2x80x99ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.We're committed to bringing passion and customer focus to the business.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.

Morgan Stanley