Morgan Stanley Services Group Inc. seeks a Vice President, Legal & Compliance in New York, New York
Provide Compliance oversight and advisory support to business unit professionals and other first line functions. Monitor business unit activities ongoing compliance and adherence to Firm and applicable regulatory requirements. Provide compliance advice to the business on the implementation of appropriate actions plans to address identified compliance and/or control gaps. Perform periodic reviews to monitor adherence to the Firm’s technology based firewalls and information barriers between the private side and public side business units. Produce global monthly metrics reports to identify trends, patterns, or potential areas of concern. Assess the applicability of the licensing/registration requirements for new hires and transfers into the division and ensure that divisional employees are appropriately licensed to conduct activities that require relevant securities licenses. Develop, draft, update, and implement compliance and written supervisory policies and procedures to reflect new SRO/SEC rules, rule changes and/or new or revised Firm or Department policies and procedures. Work with the Regulatory Inquiries Group in the formulation of responses to inquiries received from regulators. Participate in the Firm’s Global Compliance Risk Assessment (“CRA”) in assessment of Morgan Stanley’s compliance risk and control framework for compliance with laws, regulations, rules, standards and codes of conduct. Provide Compliance guidance to individuals transferring from the private side of the information barrier to any public side function.
Requirements:
Requires a Juris Doctor or equivalent and two (2) years of experience in the position offered or two (2) years of experience as a Manager, Associate, or related occupation in the legal and compliance field. Requires two (2) years of experience with: mergers and acquisitions transactions; equity offerings; Global Research Settlement and the requisite separation of investment banking and research functions for settling firms; developing and executing surveillance reviews that assure compliance with regulatory requirements; developing and delivering in person and online compliance training modules; developing compliance policies or procedures and manuals; preparing responses to inquiries from, and presenting to, regulators including FINRA and SEC; SharePoint; Actimize; Openpages; Trade pre-clearance system; and Microsoft Excel, PowerPoint, and Word. Requires one (1) year of experience with: debt offerings; Equity book-build systems; DealAxis; SEC’s Regulation M and Notice filing requirements applicable under the FINRA Rule 5190; exceptions from trade reporting for transactions that are part of an Unregistered Secondary Distribution (FINRA Rules 6282(f)(1)(A), 6380A(e)(1)(A), 6380B(e)(1)(A), and 6622(e)(1)(A)); FINRA Rule 5130 – Restrictions on the Purchase or Sale of IPOs of Equity Securities; FINRA Rule 5131 – New Issue Allocations and Distributions; and Regulation Best Interest (“Reg BI”).
Qualified Applicants:
To apply, visit us at https://ms.taleo.net/careersection/2/jobsearch.ftl?lang=en Scroll down and enter 3178466 as the “Job Number” and click “Search jobs.” No calls please. EOE
