Compliance (Associate) Based in Zhuhai

  • Competitive
  • Zhuhai, Guangdong Sheng, China
  • Permanent, Full time
  • Morgan Stanley
  • 26 Sep 16

See job description for details

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
Professionals within Legal and Compliance provide a wide range of services to our business units. They might help to structure a complex and sensitive cross-border transaction; advise on a new product introduction; 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 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.

Background on the Position
Asia-Pacific Compliance seeks a candidate for a Professional position in the Asia Compliance Testing Team. The testing program covers the Asia Sales & Trading business (equities, fixed income, commodities), Investment Banking/Global Capital Markets, Research and Private Wealth Management. The successful candidate will actively assist in several areas of responsibility including:
-Carrying out in-depth Compliance reviews
-Coordinating the annual Compliance Risk Assessment exercise

Primary Responsibilities
Carrying out in-depth Compliance reviews will involve:
-Analysis of regulations and internal rules and policies for each review topic
-Identification key controls for each review topic
-Creation of test strategies to verify controls and confirm compliance with applicable rules and policies
-Executing reviews including:
-Interviews with business employees responsible for a particular area and review of working materials
-Analysis of transaction and deal documentation to assess compliance with applicable rules and policies
-Detailed documentation of review work-papers
-Identification of areas requiring attention and assessment of relative risk
-Preparing review reports
-Presentation of findings and recommendations to Compliance and business area managers
-Following-up on review findings until resolution
-Coordinating with global testing counterparts

Coordinating the annual Compliance Risk Assessment exercise will involve:
-Coordinating the application of the risk assessment process in Asia-Pacific and collating and presenting risk assessment results
-Determining appropriate actions to match the results and ensuring these are carried out
-Participating in annual planning of in-depth Compliance reviews, based on risk assessment results.

The incumbent will have the opportunity to participate regional and global compliance testing programs in addition to involvement in the wider activities of the Asia-Pacific Compliance team and is expected to make contributions outside of the specific scope of their role.

The role is at Associate, Manager or Director Level and is based in Asia. The successful candidate will report to the Asia Compliance Testing Head.


Skills required (essential)
-The ideal candidate will have at least 5-8 years of relevant experience in the industry.
-Experience in the following areas is required:
-Investment banking (particularly securities trading)
-Analysis of businesses and risk, (e.g. for regulatory compliance, due diligence or auditing)
-Experience in internal or external audit will be a plus.
-The role requires the following skills:
-A broad understanding of financial services regulations in Hong Kong, Japan or other countries in Asia
-Structured and analytical approach
-Confidence and ability to interview business managers to gather relevant information
-Attention to detail
-Good documentation skills
-Ability to learn new topics quickly
-Good judgment of issues and risk
-Strong written and verbal communication skills in English
-Knowledge of Chinese or Japanese will be a plus
-A self-starter with confidence to use own initiative