Trade and Transaction Reporting Operations (Run The Bank)_Vice President_ Risk, Regulatory & Resilience

Morgan Stanley View all jobs

  • Mumbai, Maharashtra
  • Permanent
  • Full-time
  • 10 days ago
We’re seeking someone to join our team as a Vice President into Risk, Regulatory & Resilience (EMIR Run The Bank Function) to oversee a team in Glasgow for managing the daily reporting risk of the EMIR transaction reporting regime. This role involves ensuring BAU function is running as expected, with a focus on daily reporting exceptions & control reconciliation breaks, and ensure any issues or incidents are escalated to senior stakeholders across ops, tech, compliance and risk is mitigated in a timely manner.In the Operations division, we partner with business units across the Firm to support financial transactions, devise and implement effective controls and develop client relationships. This is an Advanced Specialist position at Vice President level within Risk, Regulatory & Resilience, which performs various independent functions to ensure adequate controls are in place. We do this by providing an integrated risk and control framework to govern, assess, mitigate and manage financial and operational risk in Operations.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:
  • Oversee the EMIR Run The Bank team in Mumbai, focusing on managing team to resolve daily regulatory reporting exceptions & control reconciliation breaks.
  • Root cause analysis of issues causing exceptions & breaks, using large set data analysis skills, and collaborating with CTB, Technology & Independent Testing teams to work towards reporting issue resolution.
  • Act as primary escalation stakeholder and build stakeholder network across global regions & functions to ensure any issues or incidents are escalated appropriately in a timely manner.
  • Managing a large team to ensure production goals are met.
  • Supporting the career development of the team including training, performance management, and regular 121s.
  • Develop and implement BAU processes and ensure task procedures are correct, accurate and kept up to date.
  • Develop understanding of manual processes & controls, and develop automated solutions to mitigate risk and improve efficiency
  • Collaborate with other departments to ensure comprehensive risk management and regulatory compliance.
  • Stay updated on industry best practices and regulatory changes to ensure the team’s procedures remain current and effective.
  • Manage complex processes and/or support significant process management/project efforts
  • Lead in process improvement, project management or technology development and testing across multiple teams and/or divisions
  • Analyze and expose ambiguous, complex issues or non-standard issues, identify risks, root causes and propose future actions, tracking through to resolution
  • Build and manage relationships with business unit partners, other Morgan Stanley infrastructure departments, and external contact points in Client or Market organizations
What you'll bring to the role:
  • Familiarity with the financial services industry and its regulatory environment.
  • Proficiency in relevant software and tools, with experience using Alteryx, Power BI, UI Path, SQL, and Python being advantageous.
  • Experience in working with, or knowledge of, European transaction reporting regimes, and/or product knowledge across OTC & listed derivative asset classes
  • Front-to-back knowledge of the processes, projects, systems, markets and instruments that influence their team with a comprehensive understanding of job-related operational/compliance policies and procedures
  • Ability to think commercially, understand the impact of initiatives, risks on the operational budget.
  • The ideal candidate should have strong background in Transaction Reporting, risk management, regulatory control.
  • Ability to address non-standard issues within area of expertise
  • Culture carrier and role model, representing and leading the Firm's core values to influence and motivate those around you
  • At least 6 years' relevant experience would generally be expected to find the skills required for this role
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: .

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