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 The EMEA Compliance Department is a service-oriented department which provides guidance and advice to all business and support staff at the Firm, including Sales & Trading, Research, Investment Banking, Finance, Administration and Operational staff.
The Department provides general transactional guidance and advice to Business Units and other staff, implements compliance policies as required, and provides training. It also undertakes surveillance activities and utilises exception reports to monitor and, where appropriate, investigate Firm, customer and employee trading activity. The Department is also called upon to render advice on legal requirements; the rules and regulations of statutory and SROs, exchanges, and other bodies; and Firm policies and procedures.
As a core member of the EMEA Surveillance team the primary focus of this role is to execute and support the development of the EMEA trade and communications surveillance programme applicable to the Institutional Securities Group in EMEA.
Oversee the daily surveillance of equities, fixed income and commodities trading to monitor for compliance with relevant regulatory and exchange requirements. o Manage exception and other surveillance reports to monitor compliance with Firm policies, procedures and relevant rules, laws and regulations. o Liaise with Compliance colleagues, Operations and front office staff to investigate surveillance alerts as necessary. o Resolve escalated alerts appropriately and promptly, documenting results clearly and escalating possible exceptions as appropriate. o Oversee the efficiency and effectiveness of reports where the daily output is managed by an offshore team.
Work with key stakeholders (e.g. Compliance Coverage, Business Unit Risk, IT, third party vendors) to design appropriate controls, identify possible enhancements to the surveillance programme and successfully implement those controls.
Conduct ad hoc trading reviews to support Legal and Compliance colleagues.
Conduct detailed incident reviews as necessary, reporting STORs to the FCA or other competent authorities where required.
Build relationships with internal clients and collaborate with colleagues across EMEA and in global surveillance teams to deliver the annual surveillance program.
Mentor junior and offshore team members.
Provide expert advice to the Regulatory Enquiries team on trading behaviour, exchange functionality, market dynamics, suspicious behaviours, etc.
The reporting line will be to the EMEA Trade Surveillance team leader.
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 o Proven experience of analysing trade surveillance report logic and thresholds to assess report effectiveness and possible enhancements. o Experience of handling, analysing and presenting large data sets to identify exceptions.
Experience using third party trade surveillance tools (e.g. SMARTS, Actimize) and market data (e.g. Bloomberg, Reuters Eikon) to investigate and analyse surveillance alerts.
Bright, organised and well-developed execution skills; capable of managing competing deadlines and prioritising a varied workload. Previous project management experience would be beneficial.
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 in Compliance and IT, and work collaboratively to deliver first-class results.
Adaptable and willingness to assist and support colleagues, promoting the overall success of the EMEA surveillance programme.
Enthusiasm and aspiration to learn and develop.
Degree (or overseas equivalent).
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.
Internal Number: 5193745
About Morgan Stanley
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