Dir, P3, Oversight, Monitoring and Testing : Job Level - Director

In the Legal & Compliance division we assist the Firm in achieving its business objectives by facilitating and overseeing the Firms management of legal regulatory and franchise risk. This is a Director level position within the U.S. Banks Compliance department on the Non-Financial Risk Testing team and core responsibilities include the identification of Regulatory Risk Control design deficiencies and the performance of testing to determine if Regulatory Risk control performance deficiencies exist. The U.S. Banks Compliance Department is charged with oversight and coordination of the Compliance program for the U.S. Banks (Morgan Stanley Bank N.A. and Morgan Stanley Private Bank National Association).

Since 1935 Morgan Stanley is known as a global leader in financial services always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

What youll do in the role:

- Perform testing of various Morgan Stanley business lines products functions and processes in order to assess and review compliance with legal regulatory and internal Firm requirements.

- The testing process includes test execution (via interviews process walkthroughs observations re-performance of key controls etc.)

The testing process responsibilities include:

Planning: Reviewing background information on regulatory and policy requirements reviewing relevant procedures and processed identifying the key controls to be tested and determining appropriate testing approaches (e.g. sampling methodologies)

Execution: Performing fieldwork reviewing relevant transactions and/or data evaluating controls and assessing compliance with rules regulations and Firm policies and procedures

Workpaper Documentation: Detailed documentation of fieldwork including testing parameters activities and findings in the testing work paper system in accordance with the Firms testing standards

Reporting: Engaging stakeholders on findings preparing test reports and collaborating on corrective action plans

Closure Verification: Confirming and tracking remedial action plans to completion and re-testing the relevant processes where needed

- Track and monitor issue remediation and timely escalate emerging issues to senior management

- Prepare well written reports.

- Complete reviews according to schedule.

- Perform additional tasks as required. At least 5 years of experience performing Bank testing / auditing/ Regulatory Examinations / Inspections.

Large US Bank specific experience required:
- Experience with the regulators governing financial institutions a plus those may include the FRB FINRA OCC CFPB FDIC SEC CFTC and the FFIEC

- Experience with testing / auditing Banking regulations including but not limited to : Regulation B (Equal Credit Opportunity Act) CC (Expedited Funds Availability Act) DD (Truth in Savings Act) E (electronic Funds Transfer Act)G (Safe Act) GG (Unlawful Internet Gambling Enforcement E-Sign Act CRA (Community Reinvestment Act) FIRREA (Financial Institutions Reform Recovery and Enforcement Act) Flood Disaster Protection Act U (Margin Loans) W (Transactions with Affiliates)P (Privacy) UDAAPV (Fair Credit Reporting Act) Z (Truth in Lending Act) CAN-SPAM

Investigative skills - research inquiry and analysis interviewing testing detailed oriented risk assessment capabilities
- Ability to research and resolve issues independently while working across teams to acquire information

Ability to handle a fast-paced environment with minimum supervision be proactive/self-starter and successfully meet established deadline requirements

Compliance/Audit/Risk experience in the financial services industry a regulator or a self-regulatory organization is a strong plus

Excellent written and verbal communication skills

Ability to lead a meeting in person and utilize Zoom and Teams

Proficiency with Microsoft Excel

Exceptional reasoning and analytical skills

Robust time and organizational management techniques

Ability to work independently and with team members and partners across the organization to complete deliverables

Ability to utilize Artificial Intelligence tools such as CoPilot

Certification (preferred but not required)
- Certified Regulatory Compliance Manager (CRCM)
- Certified Internal Auditor (CIA)
- Certified Public Accountant (CPA)

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 - arent just beliefs they guide the decisions we make every day to do whats best for our clients communities and more than 80000 employees in 1200 offices across 42 countries. At Morgan Stanley youll 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. Theres also ample opportunity to move about the business for those who show passion and grit in their work.

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Morgan Stanleys 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).