Morgan Stanley

Director- Compliance Testing (Legal and Compliance)

Posted On

March 20, 2025

Location

Mumbai, Maharashtra

Experience Level

Freshers/Experienced

Job Type

Permanent

Apply By

May 14, 2025

Job Description

Profile Description

We're seeking someone to join our team as a Director Testing Specialist.

Legal and Compliance Division

In the Legal & Compliance division, we protect the Firm’s business by identifying risks and designing programs and policies that guide internal teams on ways to address or mitigate those outcomes.

Company Profile

Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.

At Morgan Stanley India, we support the Firm’s global businesses, with critical presence across Institutional Securities, Wealth Management, and Investment management, as well as in the Firm’s infrastructure functions of Technology, Operations, Finance, Risk Management, Legal and Corporate & Enterprise Services. Morgan Stanley has been rooted in India since 1993, with campuses in both Mumbai and Bengaluru. We empower our multi-faceted and talented teams to advance their careers and make a global impact on the business. For those who show passion and grit in their work, there’s ample opportunity to move across the businesses for those who show passion and grit in their work.

Interested in joining a team that’s eager to create, innovate and make an impact on the world? Read on…

What you'll do in the role:

Execute risk-based compliance testing to review and assess the effectiveness of the Firm’s policies and procedures including recommending corrective action plans for gaps identified from testing.
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.
Communicating with Business Unit(s) and Compliance Coverage (as required) during various stages of review.
Prepare written reports describing the tests conducted, results and corrective action plans.
Coordinate with Compliance testing personnel to track the progress of the test plan for reporting to senior management.
Track status of corrective action plans agreed upon with the business.
Track internal audit reviews and findings and review internal audit work-papers to identify opportunities to leverage their reviews for compliance testing.
Remain current on industry rules, regulations, and best practices to make recommendations to the testing program.
Developing and maintaining strong working relationships with Business, Compliance, Legal and Risk groups
Presentation of findings and recommendations to Compliance Managers in the Regional Compliance Testing Teams

Understanding of SEC Rule 206(4)-7 to undertake procedural checks for IM business

What you'll bring to the role:

The ideal candidate will have 8+ years of compliance testing/internal audit experience in Financial Services particularly Investment Banks, Investment Management, Mutual Fund, Securities broking firms
Experience in interpreting laws/regulations
Excellent oral and written communication skills
Must have a high level of attention to detail & strong analytical skills
Ability to multi-task and deliver sensitive requests on time
Ability to articulate key points clearly and succinctly in group meetings as well as in one-on-one meetings.
Strong sense of ownership and accountability
Strong interpersonal, problem solving, organizational and time management skills
Testing, surveillance, or auditing experience a plus.
Strong analytical, organizational, and problem-solving skills.
Ability to work independently, as well, as in a team.
Ability to work with staff of all levels across departments.
Proficiency with Microsoft Word, Excel, PowerPoint, Adobe, SharePoint, and ability to quickly learn automated systems, such as trade order management systems, portfolio accounting systems, pre/post trade surveillance systems and web applications.

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:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.

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