Morgan Stanley
Operational Risk Compliance Tester
Morgan Stanley, Baltimore, Maryland, United States, 21276
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.
Legal & Compliance Division (LCD) comprises of Legal, Compliance, Global Financial Crimes, and Regulatory Relations.The Legal Department provides guidance, requirements, and procedures for understanding and complying with the laws, regulations, and Firm policies that apply to our businesses.The Global Compliance Department identifies applicable Compliance Obligations and maintains a Firmwide Compliance Risk management program.Global Financial Crimes is responsible for the development and governance of the Firm's financial crime prevention efforts across all regions and business units.The Global Regulatory Relations Group (GRRG) is responsible for strategic and centralized management of the supervisory activities of Morgan Stanley's regulators.LCD Center of Excellence - Mumbai (LCD CoE) is a part of Morgan Stanley's Global In-house Center, which provides global support to LCD.
Background on the Team:The successful candidate will plan and execute in-depth tests on topics assigned by Operational Risk Compliance Testing. The Operational Risk Compliance Testing team is part of the broader Global Compliance Testing organization.
Primary Responsibilities:Execute risk-based compliance testing and forensic testing to review and assess the effectiveness of the Firm's policies and procedures.Execution of reviews from initiation to completion including executing and documenting detailed walkthroughs of key processes.Prepare written reports describing the tests conducted, results, and corrective action plans.Coordinate with Operational Risk testing personnel globally to track the progress of the test plan.Track status of corrective action plans agreed upon with the business.Track internal audit reviews and findings to identify opportunities to leverage their reviews for compliance testing.Remain current on industry rules, regulations, and best practices to make recommendations to the testing program.
Minimum Requirements:9+ years' experience working with medium to large sized investment management firms.Testing, surveillance, operational risk, or auditing experience a plus.Knowledge of Operational Risk and Non-Financial Risk.Strong analytical, organizational, and problem-solving skills.Excellent written and oral communication skills.
Skills desired:Knowledge of global markets / market regulations.Audit experience of Stock broking firms will be preferred.Industry qualifications - CA / CIA or similar certification preferred.
Coverage:Monday to Friday from 11:30 AM to 8:30 PM. Coverage is dependent on business needs.
Compensation:For Baltimore, expected base pay rates for the role will be between $83,000 and $115,000 per year. However, base pay if hired will be determined on an individualized basis.
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.
It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of any characteristic protected by law.
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
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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.
Legal & Compliance Division (LCD) comprises of Legal, Compliance, Global Financial Crimes, and Regulatory Relations.The Legal Department provides guidance, requirements, and procedures for understanding and complying with the laws, regulations, and Firm policies that apply to our businesses.The Global Compliance Department identifies applicable Compliance Obligations and maintains a Firmwide Compliance Risk management program.Global Financial Crimes is responsible for the development and governance of the Firm's financial crime prevention efforts across all regions and business units.The Global Regulatory Relations Group (GRRG) is responsible for strategic and centralized management of the supervisory activities of Morgan Stanley's regulators.LCD Center of Excellence - Mumbai (LCD CoE) is a part of Morgan Stanley's Global In-house Center, which provides global support to LCD.
Background on the Team:The successful candidate will plan and execute in-depth tests on topics assigned by Operational Risk Compliance Testing. The Operational Risk Compliance Testing team is part of the broader Global Compliance Testing organization.
Primary Responsibilities:Execute risk-based compliance testing and forensic testing to review and assess the effectiveness of the Firm's policies and procedures.Execution of reviews from initiation to completion including executing and documenting detailed walkthroughs of key processes.Prepare written reports describing the tests conducted, results, and corrective action plans.Coordinate with Operational Risk testing personnel globally to track the progress of the test plan.Track status of corrective action plans agreed upon with the business.Track internal audit reviews and findings to identify opportunities to leverage their reviews for compliance testing.Remain current on industry rules, regulations, and best practices to make recommendations to the testing program.
Minimum Requirements:9+ years' experience working with medium to large sized investment management firms.Testing, surveillance, operational risk, or auditing experience a plus.Knowledge of Operational Risk and Non-Financial Risk.Strong analytical, organizational, and problem-solving skills.Excellent written and oral communication skills.
Skills desired:Knowledge of global markets / market regulations.Audit experience of Stock broking firms will be preferred.Industry qualifications - CA / CIA or similar certification preferred.
Coverage:Monday to Friday from 11:30 AM to 8:30 PM. Coverage is dependent on business needs.
Compensation:For Baltimore, expected base pay rates for the role will be between $83,000 and $115,000 per year. However, base pay if hired will be determined on an individualized basis.
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.
It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of any characteristic protected by law.
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
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