Director

Division: Legal & Compliance (LCD)
Department: Surveillance
Region: AMER
Job Level: Vice President
Employment Type: Full Time
Location: Mumbai (Oberoi Commerz III)

Firm
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 grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Division
Legal and Compliance

Legal & Compliance Division (LCD) comprises of Legal, Compliance, Global Financial Crimes and Regulatory Relations.
The Legal Department provides guidance, requirements and procedures for understanding and complying with the laws, regulations and Firm policies that apply to our businesses.
The Global Compliance Department identifies applicable Compliance Obligations and maintains a Firmwide Compliance Risk management program, including Compliance Risks that transcend business lines, legal entities and jurisdictions of operation.
Global Financial Crimes is responsible for the development and governance of the Firm's financial crime prevention efforts across all regions and business units. Global Financial Crimes is comprised of the Anti-Money Laundering (AML), Sanctions, Anti-boycott, Anti-Corruption (ACG), Government, and Political Activities Compliance (GPAC) programs.
The Global Regulatory Relations Group (GRRG) is responsible for strategic and centralized management of the supervisory activities of Morgan Stanley's regulators and related developments globally, with a focus on regulatory reviews and examinations and continuous monitoring activities. GRRG serves as the central point of contact for the regulatory staff responsible for supervisory activities at Morgan Stanley entities and for timely reporting to Firm management and other governance or management bodies, as appropriate, on those relationships and supervisory processes, including areas of significant regulatory focus or concern.

LCD Center of Excellence - Mumbai (LCDCoE) is a part of Morgan Stanley's Global In-house Center, which provides global support to LCD and is an integral part of Firm and LCD strategy.

The AMER legal and Compliance Department is charged with day-to-day oversight and coordination of the Firm's compliance with core regulatory requirements covering all businesses including Institutional Sales and Trading (fixed income, commodities and equities), Investment Banking, Global Capital Markets, Research and Investment Management across the AMER region.
Team Profile
The AMER Surveillance team is responsible for operating and contributing to the design and implementation of a range of automated trade surveillance controls to detect and report market abuse and other misconduct risks across the Firm's institutional securities (ISG) business.
The team works closely with global colleagues and stakeholders across the Firm (including staff in Legal and Compliance, Business Unit Risk Management, Operations and Technology) to promote the ongoing development and effectiveness of the program.

The Trade Surveillance Technical Officer will be responsible for the ongoing effective and efficient operations of trade surveillance systems. This role will report locally to Mumbai Head of Trade Surveillance, co-reporting to the AMER Head of ISG Trade Surveillance and align functionally to the Global Surveillance Strategy Group.
Primary Responsibilities (Day Job)
The candidate will have several areas of responsibility including, but not limited to, the following:

Help to drive innovation and continuous improvement within the global Compliance monitoring program through management of strategic projects as well as the development and implementation of global frameworks and best practices.
Interrogate key performance metrics and proactively identify opportunities to optimize the controls and data that support the trade surveillance technical ecosystem and lead efforts to facilitate continuous improvement.
Support the central tuning and optimization teams by leading regional scenario tuning exercises, validating scenario output and facilitating global coordination to promote consistency across the program, working in partnership with central governance and change management teams.
Keep abreast of industry standards and regulatory trends in surveillance, leveraging market and regulatory experience to drive new surveillance requirements and identify areas where controls can be improved.
Act as the primary regional contact point and subject matter expert for surveillance product owners and internal Technology teams.
Ensure trade surveillance data is accurate, complete and timely for the effective operation of trade surveillance systems.
Perform recurring and ad-hoc metrics reporting and analysis using Word / Excel / PowerPoint / Tableau.
Perform issue and risk management analysis.
Requirements

Experience

6+ years of professional experience in a trade surveillance or Compliance surveillance technology role.
Experience in managing the surveillance change process, such as ensuring business and functional requirements are met, according to the governance frameworks.
Experience in monitoring the effectiveness of trade surveillance systems and processes
Experience with calibration of trade surveillance applications.
Preference will be given to candidates with relevant experience in Trade Surveillance in AMER markets.

Knowledge
.
Knowledge of relevant local regulatory and market conduct rules and regulations
Subject matter expertise in local markets
Excellent knowledge of market abuse risk, having working experience with surveillance and case management systems, such as NICE Actimize, SMARTS and Trading Hub is preferred.
Skills and Qualities

Strong written and verbal communication skills
Strong quantitative and qualitative analytical skills and a creative and flexible approach to problem solving Excellent time management skills and ability to execute tasks within tight deadlines
Self-starter, High attention to details
Be fluent with all MS Office tools, particularly Excel and PowerPoint
A strong sense of ownership and accountability for work product
Ability to manage multi-task, and handle multiple compliance reviews and projects at the same time and manage to meet deadlines
Proactive in identifying risks and proposing solutions to manage it
Familiarity with market data and due diligence vendors (Bloomberg, Reuters, etc.)
Post Graduate Degree/ MBA in Finance or Financial Engineering/Technology.

Coverage

Monday to Friday from 09:00AM to 6:00PM India time with flexibility on standard working hours for time sensitive matters (including India Public Holidays)
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise 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.