What are the responsibilities and job description for the Public Side Advisory Compliance, Fixed Income & Liquidity Director position at Morgan Stanley?
Morgan Stanley Overview
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. With offices in 42 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals.
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.
Legal and Compliance Division Overview
Professionals within the Legal and Compliance Division provide a wide range of services to our business units. They might help to structure a complex and sensitive cross-border transaction; advise on regulatory issues; develop a training program or defuse an investor dispute. They preserve the firm's invaluable reputation for integrity and protect the firm from sanctions with policies and procedures that are designed to meet regulatory requirements around the world. They also strive to maintain cooperative relationships with governmental policy makers and the regulatory and self-regulatory agencies that govern the firm's businesses.
MSIM Overview and Background on the Position
Morgan Stanley Investment Management (MSIM) offers a broad range of strategies across public and private markets. MSIM, together with its investment advisory affiliates, has more than 1,300 investment professionals around the world and $1.5 trillion in assets under management or supervision as of June 30, 2024.
The Investment Management Compliance Department is seeking a compliance professional to join the Public Side Advisory Compliance team, which covers MSIM's business lines that invest in public markets. This role will specifically cover fixed income and liquidity teams, including portfolio management, trading and research personnel. This seat is in a highly dynamic atmosphere that requires a successful balance of quick and comprehensive advice. Daily tasks will be primarily related to compliance and regulatory risks associated with buy side investment activity and will aid in the Firm's compliance with applicable laws, regulations, and relevant policies and procedures. In addition to business stakeholders, this individual may work with colleagues in the Legal and Compliance Division across all lines of business and regions globally.
Key Responsibilities
> Providing advisory compliance coverage to MSIM's fixed income and liquidity investing businesses
> Providing advice on fiduciary conflicts of interest with respect to portfolio management, trading and research
> Assessing firmwide conflicts that involve MSIM's fixed income and liquidity public investing businesses
> Assessing relevant regulatory developments and their associated impacts, particularly those that pertain to investment teams in respective coverage areas
> Maintaining a thorough and up-to-date understanding of applicable RIA regulations and rule proposals impacting relevant business activities
> Comprehensive understanding of MSIM and Firm policies and procedures; drafting and updating such documents, as required
> Assisting in preparing and delivering compliance training
> Overseeing completion of, and participating in, compliance surveillance and control framework
> Providing advisory support in connection with Compliance monitoring and testing activities as part of second line oversight of Firm compliance with applicable regulation, and policies and procedures
> Development and preparation of Advisory Monitoring Checks designed to provide greater oversight and assurances in relation to certain functions and processes where automated or systematic testing is not readily available
> Strong academic background
> Ability to check and challenge investment personnel unwaveringly
> Intellectually curious preferred, not afraid to challenge status quo, suggest new ideas or alternative approaches
> At least five years prior work experience, relevant fields include compliance, legal or other roles with a large financial institution, asset manager, law firm, regulator or management consultancy firm
> Strong working knowledge of financial products and services; prior equities experience a major plus
> Sound knowledge of securities laws and fiduciary issues
> Exceptional analytical and problem-solving skills
> Excellent communication skills, both written and verbal
> Strong project management skills, with ability to effectively lead project execution and manage to timelines
> Demonstrated ability to work effectively and collaboratively in a team-oriented environment, as well as independently; strong relationship building skills
> Well-developed organizational skills to manage time sensitive issues, prioritize effectively, and deliver results
> Detail and execution oriented, with ability to maintain a high standard of accuracy while managing various tasks simultaneously
> Technologically proficient in Windows-based applications (Word, Excel, PowerPoint and Teams), willing and able to learn new technology and leverage for analysis in assessing compliance risks
Posting Date
Dec 20, 2024
Primary Location
Americas-United States of America-Massachusetts-Boston
Education Level
Bachelor's Degree
Job
Compliance
Employment Type
Full Time
Job Level
Director
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. With offices in 42 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals.
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.
Legal and Compliance Division Overview
Professionals within the Legal and Compliance Division provide a wide range of services to our business units. They might help to structure a complex and sensitive cross-border transaction; advise on regulatory issues; develop a training program or defuse an investor dispute. They preserve the firm's invaluable reputation for integrity and protect the firm from sanctions with policies and procedures that are designed to meet regulatory requirements around the world. They also strive to maintain cooperative relationships with governmental policy makers and the regulatory and self-regulatory agencies that govern the firm's businesses.
MSIM Overview and Background on the Position
Morgan Stanley Investment Management (MSIM) offers a broad range of strategies across public and private markets. MSIM, together with its investment advisory affiliates, has more than 1,300 investment professionals around the world and $1.5 trillion in assets under management or supervision as of June 30, 2024.
The Investment Management Compliance Department is seeking a compliance professional to join the Public Side Advisory Compliance team, which covers MSIM's business lines that invest in public markets. This role will specifically cover fixed income and liquidity teams, including portfolio management, trading and research personnel. This seat is in a highly dynamic atmosphere that requires a successful balance of quick and comprehensive advice. Daily tasks will be primarily related to compliance and regulatory risks associated with buy side investment activity and will aid in the Firm's compliance with applicable laws, regulations, and relevant policies and procedures. In addition to business stakeholders, this individual may work with colleagues in the Legal and Compliance Division across all lines of business and regions globally.
Key Responsibilities
> Providing advisory compliance coverage to MSIM's fixed income and liquidity investing businesses
> Providing advice on fiduciary conflicts of interest with respect to portfolio management, trading and research
> Assessing firmwide conflicts that involve MSIM's fixed income and liquidity public investing businesses
> Assessing relevant regulatory developments and their associated impacts, particularly those that pertain to investment teams in respective coverage areas
> Maintaining a thorough and up-to-date understanding of applicable RIA regulations and rule proposals impacting relevant business activities
> Comprehensive understanding of MSIM and Firm policies and procedures; drafting and updating such documents, as required
> Assisting in preparing and delivering compliance training
> Overseeing completion of, and participating in, compliance surveillance and control framework
> Providing advisory support in connection with Compliance monitoring and testing activities as part of second line oversight of Firm compliance with applicable regulation, and policies and procedures
> Development and preparation of Advisory Monitoring Checks designed to provide greater oversight and assurances in relation to certain functions and processes where automated or systematic testing is not readily available
> Strong academic background
> Ability to check and challenge investment personnel unwaveringly
> Intellectually curious preferred, not afraid to challenge status quo, suggest new ideas or alternative approaches
> At least five years prior work experience, relevant fields include compliance, legal or other roles with a large financial institution, asset manager, law firm, regulator or management consultancy firm
> Strong working knowledge of financial products and services; prior equities experience a major plus
> Sound knowledge of securities laws and fiduciary issues
> Exceptional analytical and problem-solving skills
> Excellent communication skills, both written and verbal
> Strong project management skills, with ability to effectively lead project execution and manage to timelines
> Demonstrated ability to work effectively and collaboratively in a team-oriented environment, as well as independently; strong relationship building skills
> Well-developed organizational skills to manage time sensitive issues, prioritize effectively, and deliver results
> Detail and execution oriented, with ability to maintain a high standard of accuracy while managing various tasks simultaneously
> Technologically proficient in Windows-based applications (Word, Excel, PowerPoint and Teams), willing and able to learn new technology and leverage for analysis in assessing compliance risks
Posting Date
Dec 20, 2024
Primary Location
Americas-United States of America-Massachusetts-Boston
Education Level
Bachelor's Degree
Job
Compliance
Employment Type
Full Time
Job Level
Director
