Regulatory Compliance Officer - New York


: $165,260.00 - $165,260.00 /year *

Employment Type

: Full-Time


: Legal

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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

A Global bank seeks a to join the Regulatory Reform Strategy group in its Global Compliance Department. The Regulatory Reform Strategy group is responsible for the implementation and management of the overall compliance program for the bank?s CFTC-regulated swap and SEC-regulated security-based swap business activities globally as well as coordinating and overseeing the Global Compliance Department?s Americas institutional regulatory reform efforts. On a day-to-day basis, the position supports the Head of Regulatory Reform Strategy and works closely with various businesses and control functions to help ensure that the bank appropriately addresses the regulatory risks relative to its swap and security-based swap business activities.

Primary Responsibilities

  • Recommending and implementing enhancements to the swap dealer compliance program and related policies/procedures to ensure that they are reasonably designed to achieve compliance with applicable requirements.
  • Assisting in developing a robust global compliance program for the bank's security-based swap dealers, including assisting the bank?s Chief Compliance Officers (CCO) in satisfying their duties and responsibilities under new and pending SEC rules.
  • Assisting with annual gap analyses to identify and update impacted policies globally based on swap reform regulations, including CFTC, NFA, and SEC regulations.
  • Assisting with the development and implementation of policies/procedures to comply with international regulation applicable to the bank's swap activities in the U.S.
  • Developing and maintaining reports for review by senior management analyzing compliance issues, conflicts of interest, or other matters including tracking status of issues disclosed in annual reports.
  • Working with business management and compliance surveillance, testing, and audit staff on the development of swap dealer controls and surveillance.
  • Working with compliance training staff on the development and coordination of initial and ongoing training for employees on requirements impacting the swap dealers.
  • Assisting with preparing the annual report for each swap dealer and any other required periodic reports or MIS that the CCO for these entities will be required to provide to the governing body or relevant regulatory authorities.
  • Assisting stakeholders across the bank in understanding proposed swap and / or security-based swap rules and associated obligations to inform the bank?s advocacy.

    Basic Qualifications

  • At least five years of compliance or regulatory experience, preferably with an investment bank, federal regulator or self-regulatory organization, or in a risk management function or law firm
  • Strong knowledge of Title VII of the Dodd-Frank Act as pertains to the obligations of swap and security-based swap dealers
  • Familiarity with global derivatives regulation
  • Self-starter who is able to execute time-sensitive projects against plans
  • Strong inter-personnel skills with a focus on developing relationships at all levels and across functions
  • Exceptional attention to detail and strong analytical skills
  • Proficiency in Excel, Powerpoint, and Microsoft Office
  • Bachelor of Arts degree or equivalent required; advanced degree preferred
  • Internal Number: 3135787
    Associated topics: attorney corporate, company, compliance, compliance department, compliance office, counsel, court, legal, llp, market * The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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