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
Qualifications:
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.
