Operations Risk & Control - London Operations Rules Oversight 3074978 (AVP)

  • Competitive
  • London, England, United Kingdom
  • Permanent, Full time
  • Morgan Stanley
  • 30 Sep 16

Operations Risk & Control performs various independent functions to ensure adequate controls are in place, through providing an integrated risk and control framework to govern, assess, mitigate and manage financial and operational risk in Operations. The team focuses on implementing appropriate internal controls, business processes, and internal management reporting and analysis to mitigate operational risk and fulfil regulatory reporting requirements.

Primary Responsibilities

This role reports to the EMEA Head of Operations Rule Oversight. The EMEA Operations Rule Oversight team has the following key responsibilities:
Drive Morgan Stanley’s Operations analysis of EMEA Regulatory Change events leading to identification of firm-wide impacting initiatives; driving interpretation and impact assessment of proposed regulatory change.

Engaging with EMEA Legal and Compliance, EMEA Government Relations, Internal Audit and wider EMEA Divisions to support ongoing EMEA regulatory rule assessment and conformance.

Working with senior stakeholders across the firm to assist in delivering Global Regulatory Projects; responsible for the definition of business requirements, testing approaches and execution for system implementation and process change for Operations Risk and Control projects and wider control issues, contributing towards delivery on multiple strategic and tactical projects.

Supporting central analysis for all EMEA regulatory initiatives
Production and delivery of key inputs E.G. Rule Interpretations to key governance committees, risk committees, analysis of regulatory impact on Morgan Stanley’s business
Management, analysis and appropriate escalation of relevant regulatory breaches, defining solutions, actions and tracking through to remediation.
Modelling of Operations and Firm-Wide business process in order to gain a complete understanding of regulatory impact to current procedures, processes across Operations and the subsequent impacts firm-wide, identifying and documenting requirements to an industry standard.
Perform feasibility analysis, projects scoping, and working alongside the project management teams to prioritise deliverables, and negotiate on product functionalities.
Defining project requirements by identifying project milestones, outcomes, outputs, and phasing; assisting to establish project budgets and business plans.


Proven experience dealing with regulatory changes/regulatory initiatives.
Proven analytical and problem solving skills; ability to define and maintain business requirements etc.
Understanding of the trade lifecycle and the various downstream user requirements of trade and financial data
Experience in modelling business processes, and has good documentation skills.
Effective communication skills, both written and verbal (i.e. being able to communicate clearly and decisively to colleagues and stakeholders will be a key candidate attribute).
Ability to work effectively within a team of colleagues across multiple functions and geographical locations.
Understand the work priorities and deliver outputs on time to a consistently high standard, alongside a proven ability to work within tight delivery timeframes.
Strong MS Office (Excel, Power Point, and Visio) skills.
Proven experience operating at a Manager / Director in a financial institution, with knowledge of investment bank operations, and relevant trade life cycles.


Strong functional knowledge of operations and trade life cycle.
Proven experience overseeing, conformance testing audit results.
Strong functional knowledge of Global or EMEA Transaction Reporting Regulations (MiFID/EMIR/REMIT)
Familiarity with Morgan Stanley Operations systems, processes, and framework

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.