Executive Director - Institutional Securities Group Compliance Executive Director - Institutional Securities  …

Morgan Stanley
in Sydney, New South Wales, Australia
Permanent, Full time
Last application, 23 Jan 21
Morgan Stanley
in Sydney, New South Wales, Australia
Permanent, Full time
Last application, 23 Jan 21
Executive Director - Institutional Securities Group Compliance

About The Company

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 747 offices in 42 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.

About The Role

The Executive Director - ISG Compliance is responsible for managing the ISG Compliance team, which covers ISG’s businesses in Australia: Investment Banking, Global Capital Markets, Institutional Equities Division, Research, Fixed Income Division, and Investment Management. The Executive Director - ISG Compliance is responsible for managing Morgan Stanley’s regulatory risk and to preserve the Firm’s franchise through assisting the local and off-shore regulated ISG entities to comply with, and monitor for compliance with, applicable laws, regulations, rules, internal policies and procedures, standards and industry best practice.

Key Responsibilities

• Maintain an effective ISG country compliance plan covering a number of legal entities used by ISG businesses, through effective coverage of business units and infrastructure functions
• Manage ISG compliance staff including allocation and supervision of work, training and development, and fostering diversity and inclusion
• Maintain connectivity with Compliance Senior Management across the region, Firm Management, Business Unit heads
• Ensure the Firm’s global, regional and local policies and procedures are followed and oversee periodic reviews of local policies
• Industry Developments - Keep abreast of industry developments and ensuring Head of Australia Compliance and relevant Business Units are informed of relevant regulatory changes in addition to ensuring relevant Compliance documentation are updated accordingly
• Compliance Advisory - Provide timely advice in relation to Compliance related enquiries from all Business Units
• Compliance Training – Prepare and conduct Compliance training for various business units
• Statutory Registers – Supervise the maintenance of registers including regulatory correspondence, regulatory breach, complaints, and training registers
• Regulatory Liaison - Investigate, compile and draft responses to regulatory enquiries, inspections self-assessments and regulatory notifications
• Meetings/Committees - Attend and prepare documents for regular internal meetings and committees to keep members apprised of any regulatory developments or regulatory risks
• Compliance Reviews - Conduct Desk Reviews of Morgan Stanley’s Australian businesses to monitor for compliance with policies and procedures and prepare draft reports of findings for management


Key Competencies/ Skills

Technical/Specialist Skills/Competencies

• Existing Compliance knowledge and 10+ years’ experience from with a wholesale financial services business, working in a Compliance department or with a regulator
• Degree qualification in either Commerce/Business, Economics, Law or related discipline
• Strong Knowledge of the Corporations Act, ASIC Market Integrity Rules and Exchange Operating Rules
• Strong practical product knowledge of cash equities, derivatives (ETO’s, Futures, OTC’s), fixed income products and electronic trading
• Preference will be given to candidates with strong institutional equity compliance experience from a global financial services firm

Personal Attributes/Interpersonal Skills

• Demonstrates confidence
• Demonstrates ambition and energy towards the day to day responsibilities
• Excellent verbal and written communication skills
• Ability to work effectively as a part of a team and autonomously
• Ability to work closely and cooperatively with the business and other support departments
• Strong skills in data analysis and presentation of information
• Ability to execute multiple projects at the same time
• Ability to prioritise a busy workload

Equal Opportunity Statement

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.

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