Executive Director,Compliance Job Level Executive Director
Executive Director,Compliance Job Level Executive Director
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Job Description
Based in Hong Kong and reporting to Head of Equities Derivatives Compliance this role will provide compliance coverage primarily for Morgan Stanleys Derivatives business namely Prime Brokerage Stock Borrowing and Lending Delta One products as well as other areas such as Retail Structured products OTC Derivatives market making activities (warrants stock options and/or ETFs) as needed. The overall goal of this role is to raise compliance standards across the Firm in these coverage areas assist in ensuring consistency where appropriate of compliance processes and controls.
Major responsibilities are as follows:
- Advisory - Provide advice on regulatory interpretation and compliance issues in the Derivatives coverage area
- 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. 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 Teams to identify risk areas or lead independent reviews and monitoring of business and supervisory practice.
- Training - Develop training materials and provide training to Institutional Equity Division staff
- Industry contacts - Participate in / lead communications with industry participants to ensure appropriateness and consistency.
- Regulatory interaction - Help develop and manage the Firms contact and relationship with its regulators ensuring communications between the Firm and its regulators are open and constructive. Requirements
- University graduate or equivalent degree preferred ideally in business accounting or law
- Minimum 10 years of relevant work experience in the financial services industry in Compliance or internal audit and/or with a securities exchange or regulator
- Working knowledge of Prime Brokerage Stock Borrowing and Lending and/or Delta One products would be advantageous
- In-depth knowledge of HK regulatory and compliance requirements
- 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
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 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.
Required Experience:
Director
Employment Type
Full-Time
