Conduct Risk - Director
POSTING DATE: Mar 6, 2023
PRIMARY LOCATION: Europe, Middle East, Africa-United Kingdom-United Kingdom-London
EDUCATION LEVEL: Bachelor's Degree
JOB: Compliance
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Director
Conduct Risk Director
London
3232769
About Morgan Stanley
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.
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. We 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
Role Profile
Conduct Risk continues to be a priority focus area for both UK and European Regulators. The EMEA Compliance Department own the policy and Framework which defines how Morgan Stanley identifies and manages Conduct Risk within EMEA. Responsibility for identifying, assessing, escalating, remediating, and reporting on Conduct Risk is shared among all areas at the Firm.
This role involves supporting core components of the Conduct Risk Framework across all businesses and infrastructure Divisions across all EMEA locations and driving ongoing enhancement to the Conduct Risk management programme.
The role encompasses managing a variety of Compliance led Conduct Risk initiatives, including:
> Supporting business units and the Conduct Risk Officers in their day-to-day management of conduct risk;
> Contributing to the design and coordinating the delivery of training programmes to ensure EMEA based staff understand conduct risk and the application of the FCA and PRA Conduct Rules;
> Monitoring of conduct risk incidents;
> Support Conduct Risk Governance fora to ensure there is effective oversight of conduct risk within EMEA;
> Production of conduct risk indicators to identify themes and trends and preparing management information for Senior Management;
> Reporting of conduct rule breaches internally and to the PRA / FCA;
> Coordinating and executing the annual conduct risk assessment;
> Executing initiatives and projects to enhance components of the Framework in line with annual planning or other EMEA or Global initiatives; and
> Supporting the governance and oversight of broader Compliance initiatives including metric optimisation and oversight of core MI processes.
Primary Responsibilities
The role involves supporting the identification, escalation, remediation, reporting and understanding of Conduct Risk and how it can manifest itself within Morgan Stanley. The role is broad, and the successful candidate will need to have the ability to analyse and challenge, be capable of multi-tasking, able to exercise good judgement, be capable of making decisions and have honed diplomatic credentials. This role will report to the EMEA Head of Conduct Risk Framework and requires an individual capable of operating collaboratively within the Legal & Compliance Division and with other Infrastructure and Business Departments.
Qualifications
Skills required
The ideal candidate should possess the following skills and qualities:
> Professional and articulate
> Strong organisational skills
> Intellectually curious
> Ability to work independently as well as work as part of a team
> Good communication skills
> Strong interpersonal skills
> High attention to detail
> Ability to remain focused under pressure
> Ability to perform multiple tasks simultaneously
> Ability to manage projects
Experience/Technical Skills required
> Previous experience in financial services with a leading bank, securities house, regulator or consultancy practice in an operational, control or compliance function
> Previous experience in project management
> Proficient / advanced Microsoft Office skills
Flexible working statement
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Internal Applicants:
Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal by clicking here.
Equal opportunities statement:
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.