Compliance Testing Director (AVP)GlasgowJR022131

We are seeking an experienced individual to join our team as a Compliance Testing Director (AVP)

In the Legal & Compliance division, our primary goal is to assist the Firm in achieving its business objectives by facilitating and overseeing the Firm's management of legal, regulatory and franchise risk. The EMEA Non-Financial Risk (NFR) Testing Team plays a crucial role in this mission by providing independent oversight activities to assess the Firm's overall control framework related to Compliance and Operational Risk. The EMEA NFR Testing Team covers all businesses as well as controls and processes owned and operated by supporting control functions, including but not limited to Operations, Technology, Compliance, HR, and Finance.

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:

• This role will be based in the EMEA NFR Testing Team in Glasgow performing assurance reviews of testing deliverables, and the candidate will report into the NFR Testing Manager based in Glasgow.

• The candidate will contribute to the design and execution of a portfolio of NFR Tests across business units in EMEA and, where required, globally. This execution-based role will involve working closely with Compliance and Operational Risk coverage teams as well as business unit stakeholders.

Key components of the role include:

• Planning and participating in walkthroughs to create proportionate, risk-based scopes.

• Executing control focused testing (covering design effectiveness, operational effectiveness and outcomes based).

• Coordinating the investigation and escalation of potential issues along with the documentation of agreed action plans.

• Managing closure verification of actions, including the assessment of evidence to support closure.

• Supporting aspects of NFR Testing Management Information.

• The candidate will work closely with EMEA NFR Testing colleagues based in London, Frankfurt, and Mumbai and, where required, with colleagues from other Global Testing Teams.

What we’re looking for:

• Typically, you will possess a minimum of 5 years' relevant experience to provide the skills and expertise necessary for the responsibilities of the role.

• A background in regulatory compliance testing, monitoring, assurance, or audit experience at a financial institution. Experience in Investment Banking or Sales and Trading is preferred.

• Familiarity with European and specifically UK compliance issues and be adept at interpreting relevant laws and regulations within these jurisdictions.

• The candidate should demonstrate confidence, and both the ability to use their own initiative and be an accomplished team player. Good judgement, strong analytical abilities, effective communication and organisational skills are all required.

• A university degree or equivalent qualification, and / or relevant years of experience within the financial services industry.

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.

Certified Persons Regulatory Requirements: If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work 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.

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.