We're seeking someone to join our team as an Alternative Investments Compliance Officer in Wealth Management Compliance to provide regulatory and compliance advice and guidance to the Wealth Management business groups that are involved in either the design, sale, control, and approval or Alternative Investments, or are focused on client services.
In the Legal & Compliance division, we assist the Firm in achieving its business objectives by facilitating and overseeing the Firm's management of legal, regulatory and franchise risk. This is a Vice President level position within the Investment Product Compliance team, which is responsible for guiding business units from product inception through management to ensure regulatory alignment, mitigate risk through efficient controls, and maintain compliance by monitoring and updating policies in response to an evolving regulatory environment.
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 you'll do in the role:
- Advise the business groups in connection with the planning, implementation, and after-sale stages of the product development process - NPC/NPA Process.
- Review the adequacy of existing policies and procedures of the business groups and, if appropriate, recommend and help implement improvements in those areas.
- Understand and assess the implications of regulatory initiatives affecting the business groups, and assist in the implementation of new initiatives and controls.
- Work with the Compliance Monitoring and Testing teams to create/enhance processes/tests.
- Create product-related training.
- Lead key projects and strategic initiatives relating to regulations/rules for specific products or business services.
- Liaise with additional groups, including but not limited to the Regulatory Examination Group, the Early Dispute Resolution Unit, Operations, and Risk Units on matters pertaining to Alternative Investments compliance coverage
What you'll bring to the role:
- In depth product knowledge (previous product experience with Private Placements/Alternative Investments, including (a) Hedge Funds, (b) Private Equity/Real Estate/Credit Funds, (c) Interval Funds, (d) Non-Traded REITs, and (e) Exchange Funds.
- Familiarity with current alternative investments and financial regulatory requirements, and ability to analyze and assess new rules and regulations.
- Bachelor's Degree from an accredited U.S. college or university.
- 8 years' relevant experience would generally be expected to find the skills required for this role
- Strong interpersonal and written/verbal communication skills.
- Strong analytical, problem-solving and organizational skills.
- Ability and interest in reading regulations and focusing on details.
- Ability to prioritize and work in a dynamic, deadline-focused environment.
- Compliance and operational risk management assessment skills: experienced in the process of assessing the compliance and operational risks associated with a business environment (including non-financial risk assessments, incident reporting, capital requirements, etc.)
- Results oriented: setting goals and priorities that maximize the use of resources available to consistently deliver quality results.
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 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.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Morgan Stanley's 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).
