Associate - Mumbai, India - Morgan Stanley

Morgan Stanley

Verified Company

Mumbai, India

1 week ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Associate

Job Number:
3226688

POSTING DATE:
Jan 19, 2023

PRIMARY LOCATION:
Non-Japan Asia-India-Maharashtra-Mumbai (MSA)

JOB:
Risk Management

EMPLOYMENT TYPE:
Full Time

JOB LEVEL:
Associate

DESCRIPTION

The Non Market Risk (NMR) is the Business unit risk management team for the Institutional Equities division of Morgan Stanley and is the first line of defence for division. Team helps manage regulatory, conduct, operational and franchise risk for the division.

Key functions which the team performs are mentioned below:

Trade Surveillance - Identify and escalate sales & trading activity that appears counter to regulatory guidelines and/or Firm's policies.

These activities are considered unusual, abusive, manipulative, fraudulent or otherwise unlawful and pose the above mentioned risks to the firm.

Internal policy compliance - Monitoring to ensure employees within the division are complying with the firm mandated policies like employee trading, marketing & communications, unauthorized trading etc.

Entitlements managements - Manage entitlements and information controls for the division and ensuring there is proper segregation of duties between conflicting functions, there is information barriers between desks etc.

Primary Responsibilities

Trade Surveillance

Reviewing Sales & Trading exception reports on daily basis, identify issues and escalate to business teams for appropriate corrective action
Creating trend analysis of the issues identified during trade surveillance and suggesting remedial actions for recurring trader or client behaviour
Interact with Sales & Trading supervisors and, when necessary, traders and salespeople with regard to supervisory issues, exceptions and necessary signoffs
Help ensure that Sales & Trading activities satisfy pertinent legal, regulatory and Firm requirements
Review and make suggestions regarding RCG policies and procedures
Identify, design and implement new reports to assist with the Firm keeping pace with the evolving Regulatory environment

Transaction reporting monitoring

Monitor and enhance front office controls through QlikView dashboard and Business objects on data points used for transaction reporting.
Generate Management information and summary packs as well investigating the exceptions.
Identify and drive resolution of data related issues (Client, product or trader data for example); or
Identify and escalate issues with Front office systems impacting Transaction Reporting attributes; or
Maintain and improve the rules and the Pantheon enumerations lists that drive exceptions

QUALIFICATIONS

Commerce Graduate, Chartered Accountant or MBA
58 years with a background in Compliance, Risk Management, Trade surveillance and / or Trading Support focusing on sales and trading issues
Ability to work independently
Exceptional organizational skills and high degree of attention to detail
Knowledge of Equities markets, understanding of applicable regulatory rules and regulations
Excellent oral and written communication skills
An understanding of and strong focus on the mechanics of a control environment, including escalation and riskrelated issues