Role Summary
Support the Americas Market Conduct Regulatory Relations Group (AMCRRG) by coordinating regulatory exams, risk surveys and continuous monitoring activities and enabling process improvement through documentation and technology (including Teams, AI, and OpenPages). In addition, person will provide ad-hoc support on various Reg Relations initiatives, including across other Regulatory Relations regions / functions. This role partners closely with internal stakeholders and senior management to ensure timely, accurate, and well-controlled responses to regulators.
Background on the Team
The Americas Market Conduct Regulatory Relations Group (AMCRRG) 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. AMCRRG serves as the central point of contact with the supervisory market conduct regulators in the US (e.g., SEC, CFTC) to facilitate open, productive and proactive relationships. AMCRRG regularly apprises senior management of the Firm's market conduct regulatory relationships, including providing thought leadership.
Primary Responsibilities
The AMCRRG team is looking for an experienced Vice President level professional to join our team. This individual will work closely with the senior 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 ad hoc requests made by regulators
> Evaluating regulatory risks arising from interactions and advising management on the appropriate plan of action
> Ensuring senior management is apprised of all 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 with regulators on the agendas, preparation of internal stakeholders and materials, and the tracking and coordination of responses to follow-up requests
> Preparing senior management and other internal stakeholders for regulatory exam, continuous monitoring and ad hoc meetings
> Attending committee meetings and workings groups and providing updates on relevant regulatory matters and/or guidance on remediation activities
> 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
> Provide ad-hoc support on various Reg Relations initiatives, including across other Regulatory Relations regions / functions
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.
Qualifications (Required)
> Bachelor degree. JD/MBA a plus
> 7-10 years' experience with a regulatory organization such as the SEC, FINRA, CFTC, NFA, or in a similar position in the financial services industry or legal/compliance/regulatory background.
> Proficiency with Microsoft Office tools (Word, Excel, PowerPoint, Visio) and collaboration/content platforms (Teams, Zoom, SharePoint).
> 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 senior firm personnel globally
> 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.
Please note that the location listed for this role is temporary. The position's work location will transition to 1445 Ross Ave, Dallas, TX 75202 at a future date. In-Person interviews will be required for the role.
Expected base pay rates for the role will be between $120,000 and $210,000 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.
