Job Description

What you’ll do in the role:

• Provide Compliance guidance and advice to Regional Management and Market management on Firm and regulatory policies and procedures;
• Participate in senior Compliance management meetings as well as meetings and coordination with senior business leaders in Wealth Management;
• Collaborate with Regional Management on high-risk matters identified within the Region (e.g., sales practice issues, conduct matters, outside business activities, and recruits);
• Engage with senior stakeholders in Field Management on various issues, including conduct-related matters, policy enhancements, and supervisory functions.
• Lead key projects and initiatives within Field Compliance, focusing on identifying areas for policy and/or supervisory improvement and recommending proposed improvements.
• Serve as the escalation point for Wealth Management Compliance teams on high-risk activities within the Region;
• Assist the Region and Market teams as well as other areas of the Legal and Compliance Division in coordination and escalation of matters to appropriate stakeholders;
• Assist with the development or enhancement of Firm policies and procedures, processes, reports, etc., to identify risks or potential supervisory gaps;
• Conduct targeted employee training and Field training virtually or in-person on key Compliance issues;
• Present to Regional and Market management on a regular basis related to key regulatory or policy updates.
• Provide trends and analysis, including reports, on metrics for Regional Management and Market Management teams on a regular basis to assist in the aiding of potential action plans.

What you’ll bring to the role:

• Minimum 10+ years work experience in a Senior Compliance or Risk role;
• A strong understanding of SEC and FINRA regulations, with a particular focus on sales practice and suitability concerns involving retail products in brokerage and advisory accounts;
• Extensive knowledge of various products, including, Futures, Annuities, Structured Investments, Alternative Investments, Exchange-Traded Products, Fixed Income, Equities, Options, Unit Investment Trusts, and Mutual Funds;
• A thorough understanding of conflicts of interest and business practices typically associated with a broker-dealer (e.g. gifts, non-cash compensation, outside business activities, trading, etc.);
• Ability to challenge the Business where there is a potential for regulatory or reputational risk;
• The ideal candidate will be proactive, have strong verbal and written communications skills, and the ability to prioritize and handle multiple tasks in a fast-paced environment;
• Ability to analyze data and identify and escalation key trends, patterns, and root causes;
• Evidence strong leadership capabilities or previous supervisory experience;
• Ability to work within a team and act independently;
• Relevant Wealth Management Business experience;
• Proven ability to interact with Financial Advisors and Branch staff in a professional and productive manner;
• Excellent judgment and the ability to be discreet in all matters;
• Bachelor's Degree required;
• Preference for FINRA SIE, Series 7, 9/10, 24, and/or 65/66

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 into your browser.

Expected base pay rates for the role will be between $165,000 and $275,000 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.

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:

At Morgan Stanley, we advise, originate, trade, manage and distribute capital for people, governments and institutions, always with a standard of excellence and guided by our core values. Morgan Stanley is dedicated to providing first-class service to our clients, in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world. In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading-edge solutions—and in the ability of capital to work for the benefit of all society.

We're seeking someone to join our team as a Regional Compliance Officer in WM Field Compliance to engage directly with the in an advisory capacity with the Wealth Management Northeast Regional team and using various data collected across the Firm, to aid in the identification of activity that may be indicative of unusual conduct, trading patterns, potential gaps in supervision, or possible violations of law, regulations, or internal policies and procedures. 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 an Executive Director level position within WM Field Compliance which focuses on providing advisory guidance to the Wealth Management Field. WM Field Compliance is comprised of Regional Compliance Officers and Field Service Compliance, Compliance Conduct Risk, Private Wealth Management, International Wealth Management, and WM PBG Compliance. 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.

Job Tags

Similar Jobs