Job Description

Senior Manager - Investment Banking BCU team (Institutional Equity Division)

Job Number:

3254048


POSTING DATE: Jul 16, 2024
PRIMARY LOCATION: Non-Japan Asia-India-Maharashtra-Mumbai (MSA)
JOB: Risk Management
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Senior Manager

DESCRIPTION


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 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



From global institutions to hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instrument in all the world's financial markets. Morgan Stanley professionals use our network and technology to provide liquidity and sophisticated analysis, to manage risk and execute reliably in the fast-changing markets.


Morgan Stanley's Institutional Equity Division (IED) is a world leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. Our broad and deep client relationships, market-leading platform and intellectual insights enable us to be a world-class service provider to our clients for their financing, market access and portfolio management needs.



Global Markets Group is the offshoring arm of Morgan Stanley's Sales & Trading businesses in India. It covers functions across Institutional Equity Division (IED) ranging from those associated with sales, trading, analytics, strats to risk management.



Background on the Team

The Non Market Risk (NMR) is the Business unit risk management team for the Sales & Trading division of Morgan Stanley. This team is the first line of defence for Institutional Equities Division (IED) within Sales & Trading division of the firm. Team helps manage regulatory, conduct, operational and franchise risk for the division. Key functions which the team performs are mentioned below:

Trade Surveillance - Identify and escalate sales & trading activity that appears counter to regulatory guidelines and/or Firm's policies. These activities are considered unusual, abusive, manipulative, fraudulent or otherwise unlawful and pose the above mentioned risks to the firm.

Internal policy compliance - Monitoring to ensure employees within the division are complying with the firm mandated policies like employee trading, marketing & communications, unauthorized trading etc.

Entitlements managements & Data Leakage - Manage entitlements and information controls for the division and ensuring there is proper segregation of duties between conflicting functions, there is information barriers between desks etc

Primary Responsibilities
Managing functions within the Regulatory Control Group Mumbai team and effectively integrate new processes and enhance existing ones;
Interacting with global non market risk teams with regard to supervisory issues and exceptions;
Interacting with global members from associated control functions, such as Legal, Compliance and Technology Risk;
Solving problems by effectively collaborating within and across teams outside of the Risk Management function;
Supervising the offshore review of sales and trading exception reports on a daily basis and maintaining records relating to these reviews
Supervising offshore activities around risk controls;
Improving and monitoring existing control frameworks and / or creating new control frameworks if none exist;
Leading projects related to the supervisory platform and the information security program;
Establishing relationships and work closely with IED Risk Management, Technology, Operations, Finance, and Compliance.
QUALIFICATIONS

• Chartered Accountant or Master's in Business Management or similar professional with 9-12 years background in Compliance, Risk Management and / or Trading Support focusing on sales and trading issues


Effective management and leadership skills
Strong motivation, be a self-starter with a positive outlook and desire to solve problems
Strong analytical skills with an ability to understand complex workflows
Strong communication skills with an ability to speak to senior management
Ability to identify and escalate issues effectively and appropriately
Good organizational skills and a high degree of attention to detail
Strong project management skills
Strong oral and written communication skills with ability to clearly articulate objectives, requirements, risks and issues
Proven ability to take ideas forward and to challenge others with integrity and maturity
Proficiency in MS Office and related applications (Word, Excel, PowerPoint, Project)
Enthusiasm to volunteer or lead planning and organizing in events held by the department and firm

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.