VP, Team Manager Regulatory Onboarding

Team Description
The Regulatory Onboarding Market Regulations team supports all Prime Brokerage, Equity Swap, and US Clearing clients (new and organic). This role is responsible for regulatory checks from front to back as well as project work related to the regulatory environment.

This is a Vice President, Team Manager position at the P4 job level within Risk, Regulatory & Resilience, which performs various independent functions to ensure adequate controls are in place. We do this by providing an integrated risk and control framework to govern, assess, mitigate and manage financial and operational risk in Operations

Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.

At Morgan Stanley Baltimore, we support the Firm’s global Technology, Operations, Risk Management, Legal and Compliance, Internal Audit and Finance divisions. Morgan Stanley has been rooted in the Baltimore community since 2003. Our talented and diverse team is one of the largest in the U.S. outside of our New York headquarters and home to industry leading cybersecurity innovation with multiple patents and awards. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. There’s ample opportunity to move across the businesses for those who show passion and grit in their work.

Job Description

The Market Regulations team is responsible for updating client data, conducts regulatory checks for accounts and works with multiple downstream teams to ensure all regulatory requirements are satisfied. The role liaises with many teams including risk, documentation, compliance, margin, and interest. This role is the business unit's single point of contact and will be coordinating with many different teams across the firm.

Core Responsibilities

> Escalation Management: Serve as a senior escalation point for clients and internal stakeholders in the Business Unit and within operations to coordinate issue resolution throughout the front to back onboarding process.
> Client Service: Listen to your stakeholders and/or clients to understand their needs, to gain their trust, and meet their expectations while continuing to manage operational and regulatory risk at an appropriate level. Identify opportunities to achieve operational efficiencies.
> Opportunity Management: Own interpretation and execution of Dodd-Frank, UMR, EMIR, SEC, FINRA, QFC and similar programs
> Relationship Management: Work closely with legal, compliance, risk, and sales/BU to implement regulatory programs and processes that do not impact the client experience. Serve as the primary source of information around regulatory programs and take every opportunity to build a good rapport with internal stakeholders.
> Risk Management: Manage audit or policy change related to regulatory processes and deliver high quality results. Establish effective controls, checks and procedures to manage day to day activities.
> Subject Matter Expert: Know and understand entity structures, regulatory requirements, jurisdictions, and our onboarding process flow. Collaborate with Business Units and IT to identify, drive, and implement process improvements and technology solutions.
> Regulatory Service Engagement: Proactively participate in regulatory discussions in relation to the On-Boarding of clients. Know and understand the purpose of key regulators (FINRA, SEC, NFA, CFTC, etc.) and serve as a key resource for the regulatory programs managed by the Market Regulations team.
> Client Engagement: Participate in key meetings with identified senior stakeholders and external clients to provide support and guidance around key regulatory programs.
> Continuous Process Improvement: Lead projects that will further advance the strategic vision of providing value added services to our stakeholders and clients. Identify process gaps and work with global counterparts and contribute to global initiatives or discussions relating to regulatory changes.
> Mentorship and Training: Establish relationships with members of the team, develop and execute continuous training plans to raise the level of overall team performance.
> Supervision: Support and supervise the activities of the team pertaining to the regulatory programs owned. Prepare status updates, metrics, and identify key risk indicators to present to senior management across all designated forums. Display the ability to handle volume spikes and prioritize work including ad-hoc requests and projects to meet business demands in a timely manner Qualifications

> Strong subject knowledge on the current regulatory environment
> Knowledge and understanding of the various financial products offered across business
> Attention to detail and research/investigative skills
> Work independently and meet the business deadlines with accuracy
> Problem solving skills to mitigate risks associated with the business
> Ability to implement strategic initiatives and provide insight on specific business drivers
> Effectively interact with the Business units, Compliance and other key stakeholders
> Actively engage with global colleagues in Hong Kong, Baltimore, London, Tokyo and New York
> Multi-tasking to handle various business requests and prioritize time accordingly
> Manage pressure and stressful business demands
> Exceptional organizational skills
> Adaptability to the changing environment
> Strong interpersonal and communication skills
> Client focused

Experiences Required:

> 5+ years' experience in financial services or other related operational roles
> Experience in regulatory compliance or equivalent background is advantageous

Educational requirements:
> Minimum Bachelor's Degree

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries.

At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. Our Firm is differentiated by the caliber of our diverse team, while our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity

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.

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).

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.

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Salary range for the position: $93,000.00 - $139,500.00/Yr. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

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