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Morgan Stanley

Wealth Management - Compliance Tester, Director, Oversight, Monitoring and Testing

Reposted 26 Days Ago
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In-Office
Mumbai, Maharashtra, IND
Senior level
In-Office
Mumbai, Maharashtra, IND
Senior level
Conducts risk-based compliance reviews across Wealth Management businesses, including planning, walkthroughs, control testing, issue assessment, reporting, remediation tracking, and validation testing. The role evaluates regulatory and internal-policy adherence, communicates findings to senior management, and collaborates with Business, Compliance, Legal, and Risk teams. Requires financial-services compliance, risk, or audit experience, strong analytical and communication skills, Microsoft Office proficiency, and knowledge of global markets and regulations.
The summary above was generated by AI

We're seeking someone to join our team as an Director in the Legal and Compliance division.
In the Legal & Compliance division, we assist the Firm in achieving its business objectives by facilitating and overseeing the Firm's management of legal, regulatory and franchise risk. This is a Director level position within the Oversight, Monitoring and Testing for
The Compliance Testing team, this team is responsible for executing risk-based compliance reviews across Wealth Management businesses, including E*TRADE. This role ensures adherence to regulatory requirements and internal policies through comprehensive testing and reporting.
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:

  • Assisting in the preparation of test planning memoranda

  • Execution of reviews from initiation to completion; including executing and documenting detailed walkthroughs of key processes to identify internal controls, developing, executing, and overseeing substantive testing of control and related procedures, and ultimately reporting identified issues

  • Identifying and evaluating key risks and contribute to establishing test scope

  • Developing and executing tests in line with global monitoring and testing standards.

  • Leading walkthrough meetings and discussions with the purpose of developing test scope and identifying control issues

  • Maintaining detailed and organized documentation of work product

  • Appropriately assessing potential issues for significance and root cause

  • Drafting test reports; writing clear and concise findings

  • Communicating test results to senior management and escalating significant issues promptly

  • Tracking implementation of recommended corrective action plans designed to strengthen internal controls to completion

  • Perform validation testing to confirm remediation of identified issues

  • Developing and maintaining strong working relationships with Business, Compliance, Legal and Risk groups

What you'll bring to the role:

  • At least 5+ years' professional experience at a financial institution or consulting firm, preferably in compliance, risk management, or audit

  • Bachelor's Degree or higher required

  • Ability to interact with diverse teams

  • Excellent communication skills - written and oral

  • Proficient in Microsoft Office (Excel, Word, PowerPoint)

  • Strong interpersonal, communication, analytical, research, and organizational skills

  • Ability to work and make independent decisions associated with Compliance testing protocols

  • Excellent communication skills - written and oral.

  • Excellent time management skills, attention to detail and ability to execute tasks within tight deadlines

  • Has the ability to perform data analysis

  • Enthusiastic, self-motivated individual

  • Has the ability to effectively handle a fast-paced environment and successfully meet established deadline requirements

  • Ability to research and resolve issues independently while working across teams to acquire information

  • Proficient in Microsoft Office (Excel, PowerPoint, Word)

  • Analytical and research skills

  • Be self-motivated and must have the ability to work independently

  • Knowledge of global markets / market regulations / investment banking functions

  • Industry qualifications - CA or similar certification

Coverage
Monday to Friday from 11:30 AM to 8:30 PM. Coverage is dependent on business needs so flexibility on required finish time or full day's coverage may be required during some Indian holidays.
 

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.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background.  Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.

Morgan Stanley Mumbai, Maharashtra, IND Office

WeWork, Level 22 & 23, Oberoi Garden City Off W.E. Highway, Goregaon (E), Mumbai, India, 400 063

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