US Investment Management Private Side Advisory Compliance
Location: New York, New York
Type: Full Time
Internal Number: 3233625
Primary Responsibilities We are looking for an experienced and high caliber individual to assist in executing and enhancing the Investment Management Private Side Compliance program focusing on alternative investments and aiding Morgan Stanley Investment Management in complying with applicable laws and regulations. The role will be based in New York and report to the Head of Investment Management Private Side Compliance. Duties include:
Advising and supporting the Investment Management Private Side businesses on a wide range of internal and transaction-related compliance matters
Developing training materials and conducting training sessions; communicating compliance/regulatory updates to the business
Providing ongoing compliance and regulatory support to multiple Business Development Companies (BDCs), including preparation of quarterly board meeting materials
Reviewing employee activities such as personal trading, outside business interests/activities, and private investments
Perform reviews of surveillance reports to detect possible regulatory, guideline or policy violations
Interpreting U.S. regulations and helping to implement appropriate solutions for the private funds business
Provide real-time advice to front office personnel and support functions in a fast-paced, high-pressure environment
Working with Legal and Compliance colleagues in other jurisdictions when reviewing new business products and initiatives
Periodic analysis and updates of compliance policies and procedures applicable to Business Development Companies (BDCs) under the Investment Company Act of 1940 and investment advisers under the Investment Advisers Act of 1940
Compliance risk identification and mitigation
Periodic risk assessments
Developing relationships with other Compliance areas within the Firm to leverage functions such as monitoring and testing teams, global financial crimes, risk, etc.
Participating in various projects, such as new product initiatives, global initiatives etc.
Preparation of regulatory filings including Form ADV and Form PF
Assisting in identifying and developing modifications to the IM Private Side Compliance program based on new business needs, regulatory developments, and internal assessments
Preparing oversight metrics
Preparation for regulatory inquiries and examinations related to Investment Management Private Side activities
Maintaining a collaborative dialogue with and connectivity to the Investment Management Private side business units
5-10 years' prior compliance, legal, or other work experience with a financial institution such as a registered investment adviser or investment company or at a law firm and/or regulator
Highly analytical with understanding of financial products, and solid understanding of investment management industry and relevant SEC rules and regulations applicable to business development companies and investment advisers
Ability to quickly understand, evaluate, articulate, and resolve complex issues
A team player who is willing to share and learn from others
Strong project management skills, and experience in handling significant regulatory change initiatives
Detail oriented, motivated, and able to multi-task in a fast paced, high-pressure environment
Strong written and verbal communication skills
Organizational skills to manage control over time sensitive issues and prioritize effectively
The ability to follow instruction and to also show initiative in working towards project goals is essential
Proficient skills using Microsoft Office systems, especially Team, PowerPoint, and Excel
Expected base pay rates for the role will be between 110000 and 190000 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.
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If you are driven to succeed, eager to take on new challenges and open to collaborating with diverse colleagues in pursuit of excellence, you'll discover a wealth of exciting career opportunities at Morgan Stanley. Find your path with us, whether you're a student, a recent graduate or an experienced professional.