Equity Sales & Compliance Officer
Morgan Stanley
New York, USA
Published 3 weeks ago
Business Compliance
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 ethics. 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 Team
The Global Compliance Department manages a Firmwide Compliance Risk Management program, including Compliance risks that transcend business lines, legal entities and jurisdictions of operation.
The Sales and Trading Compliance Group in Institutional Securities Compliance advises and assists the Firm's Sales and Trading Division in establishing, implementing and enforcing sales and trading practices. The Group is responsible for reviewing business, compliance and supervisory processes and practices. The Group will coordinate, recommend, and execute plans to address potential issues, fulfill regulatory obligations and promote best practices.
Primary Responsibilitie
This individual will provide advisory compliance support for ISG Equity Sales and Trading, covering derivatives and sales. The individual's responsibilities will include the following:
> Provide Compliance support for the Institutional Equity Division, as well as support functions: IT, Risk, Operations, Controllers, Finance.
> Provide advisory support to traders, sales traders, supervisors, Risk and IT on regulatory rules: SEC Regulations - Reg NMS, Reg SHO, Consolidated Audit Trai (CAT), FINRA Rules, trade reporting, best execution, SEC Rules 605/606 reporting, riskless principal.
> Communicate with traders and supervisors to assess risk and remediate issues.
> Assist in the design and maintenance of written supervisory procedures.
> Assist in regulatory reviews, including inquiries, audits and exams.
> Design and deliver applicable training for business unit personnel.
> Actively monitor regulatory developments and trends, and take appropriate action to ensure the business unit complies with new or amended regulations.
> Interact with technology support and risk management to ensure trading technology and trading practices remain compliant with Firm policies and industry regulation.
Qualifications:
Skills Required
> Minimum of seven years of related experience
> Candidate must demonstrate ability to effectively review and analyze data/situations and apply judgment to resolve issues in a timely manner
> Knowledge of broker-dealer regulatory compliance, including SEC, FINRA and other SRO rules and regulation
> Candidate should be a motivated self-starter, proficient in time management and able to initiate and manage project
> Candidate must have strong communications skill
> Candidate must have strong analytical skills to be comfortable working with large volumes of trade data
> Candidate must feel comfortable interacting with and communicating regulatory requirements to technology and operations teams.
> Bachelor's degree required
Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.
It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
Expected base pay rates for the role will be between $110,000.00 and $190,000.00 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
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 ethics. 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 Team
The Global Compliance Department manages a Firmwide Compliance Risk Management program, including Compliance risks that transcend business lines, legal entities and jurisdictions of operation.
The Sales and Trading Compliance Group in Institutional Securities Compliance advises and assists the Firm's Sales and Trading Division in establishing, implementing and enforcing sales and trading practices. The Group is responsible for reviewing business, compliance and supervisory processes and practices. The Group will coordinate, recommend, and execute plans to address potential issues, fulfill regulatory obligations and promote best practices.
Primary Responsibilitie
This individual will provide advisory compliance support for ISG Equity Sales and Trading, covering derivatives and sales. The individual's responsibilities will include the following:
> Provide Compliance support for the Institutional Equity Division, as well as support functions: IT, Risk, Operations, Controllers, Finance.
> Provide advisory support to traders, sales traders, supervisors, Risk and IT on regulatory rules: SEC Regulations - Reg NMS, Reg SHO, Consolidated Audit Trai (CAT), FINRA Rules, trade reporting, best execution, SEC Rules 605/606 reporting, riskless principal.
> Communicate with traders and supervisors to assess risk and remediate issues.
> Assist in the design and maintenance of written supervisory procedures.
> Assist in regulatory reviews, including inquiries, audits and exams.
> Design and deliver applicable training for business unit personnel.
> Actively monitor regulatory developments and trends, and take appropriate action to ensure the business unit complies with new or amended regulations.
> Interact with technology support and risk management to ensure trading technology and trading practices remain compliant with Firm policies and industry regulation.
Qualifications:
Skills Required
> Minimum of seven years of related experience
> Candidate must demonstrate ability to effectively review and analyze data/situations and apply judgment to resolve issues in a timely manner
> Knowledge of broker-dealer regulatory compliance, including SEC, FINRA and other SRO rules and regulation
> Candidate should be a motivated self-starter, proficient in time management and able to initiate and manage project
> Candidate must have strong communications skill
> Candidate must have strong analytical skills to be comfortable working with large volumes of trade data
> Candidate must feel comfortable interacting with and communicating regulatory requirements to technology and operations teams.
> Bachelor's degree required
Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.
It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
Expected base pay rates for the role will be between $110,000.00 and $190,000.00 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.