Department Profile
Professionals within Legal and Compliance provide a wide range of services to our business units. They might help to structure a complex and sensitive cross-border transaction; advise on a new product introduction; develop a training program or defuse an investor dispute. They preserve the firm's invaluable reputation for integrity and protect the firm from sanctions with policies and procedures that meet regulatory requirements around the world. They also strive to maintain cooperative relationships with governmental policy makers and the regulatory and self-regulatory agencies that govern the firm's businesses.

Background on the Team
The Global Regulatory Relations Group (Regulatory Relations) provides strategic advice on supervisory matters and centralized management of the activities of the Firm's regulators and related developments globally, focusing on regulatory reviews and examinations and continuous monitoring activities. The Americas Market / Conduct Regulatory Relations Group (AMCRRG) serves as the central point of contact with market / conduct regulators in the Americas to facilitate open, productive and proactive relationships. AMCRRG provides advice and guidance on regulatory interactions and engagement; oversees responses to and commitments made to regulators; and apprises management of the Firm's market / conduct regulatory relationships, including providing thought leadership. AMCRRG is responsible for cycle, for cause and sweep examinations of Morgan Stanley's North American legal entities conducted by the Firm's securities, commodities, security-based swap dealers and swap dealer government regulators, their Self Regulatory Organizations (SROs) and the exchanges.
Primary Responsibilities
The AMCRRG team is looking for an experienced Vice President level professional to join our team in New York. This individual will work closely with the members of the team and will be responsible for navigating, advising on, and executing all aspects of regulatory interactions with market / conduct regulators and key internal stakeholders, including:
> Front-to-back strategic management of concurrent complex regulatory examinations, as well as the coordination of other requests made by the SEC, CFTC, FINRA, NFA, state regulators and exchanges
> Evaluating regulatory risks arising from interactions and advising management on the appropriate plan of action
> Conducting analyses of relevant regulations and providing advice to internal stakeholders regarding potential regulatory risk
> Ensuring management is apprised of key regulatory requests, meetings and areas of focus, including both the status and resolution
> Maintaining a detailed understanding of the status of open examination issues and providing advice and challenge to internal stakeholders on resolution
> Advising on the appropriateness of regulatory responses and remediation plans
> Leading regulatory meetings, including working on the agendas, preparation of internal stakeholders and materials, and the tracking and coordination of responses to follow-up requests
> Preparing management and other internal stakeholders for regulatory exam, continuous monitoring and ad hoc meetings
> Fostering proactive relationships with regulatory counterparts and internal key constituents
> Keeping up-to-date on the Financial Services regulatory landscape, including trends and new rules development
This role provides an excellent opportunity for an individual looking to expand their Financial Services knowledge, learn more about the Regulatory environment and develop a good understanding of key Firm processes and functions. Skills required
- 7+ years of relevant experience
- Excellent communication skills, both written and verbal essential
> Experience in the financial services industry, and/or a law firm, with compliance, regulatory or audit experience preferred
> Experience with institutional, investment management and retail business preferred
>Experience with regulators- SEC, CFTC, NFA, FINRA preferred
> Critical dependency on strong written and oral communication, presentation, and interpersonal skill to effectively interact with and influence internal and external stakeholders
> Strong planning and organization skills
> Ability to multitask, be flexible, manage to a deadline, adapt to change of priorities
> Ability to work independently and effectively with both regulatory staff as well as firm personnel
> Sound judgment in identifying risks in order to proactively escalate with the relevant senior management
> Demonstrated ability to operate at a strategic level with capacity to engage with detail when necessary
> Must be a self-confident leader possessing a collaborative and participatory management style. Professionalism, sensitivity, and discretion required

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 - 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.

Expected base pay rates for the role will be between $120,000 and $205,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

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).