- London, England, United Kingdom
- Permanent, Full time
- Morgan Stanley
- 24 Sep 16
Morgan Stanley are currently seeking an experienced Compliance professional to join the Compliance Surveillance team. The focus of this role will be to execute and support the development of the trade surveillance programme applicable to the Equity, Fixed Income and Commodities businesses within the Institutional Securities Group in EMEA.
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.
The EMEA Legal and Compliance Department is charged with day-to-day oversight and coordination of the Firm’s compliance with core regulatory requirements covering all businesses including Institutional Sales and Trading (fixed income, commodities, equities), Investment Banking, Research Investment Management and Private Wealth Management Business across the EMEA region.
Background on the Team
As a senior member of the EMEA Surveillance team the focus of this role is to execute and support the development of the trade surveillance programme applicable to the Equity, Fixed Income and Commodities businesses within the Institutional Securities Group in EMEA.
Morgan Stanley has leading franchises globally and in EMEA across Equities, Fixed Income and Commodities. The EMEA business comprises approximately 850 Sales & Trading employees and is based at its regional headquarters in Canary Wharf, London.
-Perform daily surveillance of equities, fixed income and commodities trading to monitor for compliance with relevant regulatory and exchange requirements.
-Use exception and other surveillance reports to monitor compliance with Firm policies, procedures and relevant rules, laws and regulations.
-Liaise with Compliance colleagues, Operations and front office staff to investigate surveillance alerts as necessary.
-Resolve alerts appropriately and promptly, documenting results clearly and escalating possible exceptions as appropriate.
-Assist in resolving exceptions escalated by the offshore surveillance team.
-Identify possible enhancements to the surveillance programme and work with key stakeholders (e.g. Compliance coverage, Business Unit Risk, IT, third party vendors) to develop and implement those enhancements.
-Conduct ad hoc trading reviews to support Legal and Compliance colleagues.
-Build relationships with internal clients and collaborate with colleagues across EMEA and in global surveillance teams to deliver the annual surveillance program.
-Mentor junior team members.
-Provide expert advice to the Regulatory Enquiries team on trading behaviour, exchange functionality, market dynamics, suspicious behaviours, etc.
-Assist in responding to enquiries from regulatory authorities, exchanges and clients.
The reporting line will be to the Head of EMEA Trade Surveillance.
-Detailed working knowledge of relevant: (i) rules and regulations; and (ii) products and market infrastructure.
-Excellent communication skills - able to communicate complex scenarios and concepts clearly, concisely and effectively, both in person and in writing, to senior stakeholders.
-Strong analytical skills - proven experience of handling, analysing and presenting large data sets to identify exceptions.
-Bright, organised and well-developed execution skills.
-Confidence to use own initiative and apply judgment in an in-house context.
-Able to build strong working relationships with front office and global colleagues, and work collaboratively to deliver first-class results.
-Adaptable and willingness to assist and support colleagues, promoting the overall success of the trade surveillance programme.
-Enthusiasm and aspiration to learn and develop.
-Degree (or overseas equivalent).
-Previous experience working in an investment bank with a material presence in all key product lines.
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.