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 to grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
Primary Responsibilities Based in Hong Kong and reporting to Head of Sales and Trading Compliance for Asia, this role will provide regional compliance coverage for Morgan Stanley's Execution Services which focus on Cash, Program and Electronic Trading businesses. It is expected the Compliance individual will help raise compliance standards across the Firm in the relevant coverage areas, helping ensure consistency where appropriate of compliance processes and controls.
Major responsibilities are as follows: - Advisory - Provide advice on regulatory interpretation and compliance issues with specific focus on cash equities sales and trading and electronic trading services.
- New business initiatives - Review and lead new business and infrastructure initiatives from a local and international regulatory, best practice and Firm perspective.
- Compliance policies and procedures - Review manuals and Compliance Notices to ensure they are properly revised or updated when necessary, and draft new manuals, Compliance Notices, policies and procedures in light of regulatory or business changes.
- Desk reviews and monitoring - Provide advice to the Desk Review and Monitoring Team to identify risk areas or lead independent reviews, and monitoring of business and supervisory practice.
- Surveillance - Work with the Surveillance team on investigating irregular trading activities, document findings and assist in preparing regulatory responses.
- Training - Develop training materials and provide training to Institutional Equity Division staff.
- Industry contacts - Work closely with industry participants to ensure appropriateness and consistency.
- Regulatory interaction - Help develop and manage the Firm's contact and relationship with its regulators, ensuring that communications between the Firm and its regulators are open and constructive.
- Global / regional coordination - Develop close working relationship with global and regional counterparts within second line of defense, as well as other relevant stakeholders.
Requirements - University graduate or equivalent degree preferred, ideally in business, accounting or law
- Minimum 8-10 years of relevant work experience in the financial services industry in Compliance or internal audit and/or with a securities exchange or regulator
- Sound experience in providing regulatory / compliance advice in connection to Equities coverage areas
- In-depth knowledge of Hong Kong regulatory and compliance requirements. Knowledge of APAC regulatory developments advantageous.
- Sound judgment in identifying risks in order to proactively escalate to relevant senior managers
- Outstanding communication skills in English necessary to effectively interact and influence internal and external stakeholders; fluency in Asian languages (e.g. Mandarin and/or Cantonese) advantageous
- Strong analytical skills, detail-oriented, team player, proficient in time management and able to initiate and manage projects
- Demonstrate ability to effectively review and analyze data / situations and apply judgement to resolve issues in a timely manner
- Able to make, support and defend difficult and complex regulatory / compliance decisions in a fast-paced and highly pressured environment
WHAT YOU CAN EXPECT FROM MORGAN STANLEY: We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize 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.