Regulatory Control - Capital Initiatives Director/AVP

Regulatory Control - Capital Initiatives Director/AVP

JR027255

London

We’re seeking someone to join our Corporate Controllers, Reporting & Accounting Job Family at Director/AVP level, which is responsible for the accuracy and control of the Firm’s books and records to produce the consolidated firm, segment and legal entities financial statements, including development, management and oversight of financial accounting & reporting systems as well as database management, including capital and liquidity reporting and external reporting functions.

The Regulatory Controller team has responsibility for a series of regulatory capital processes, reporting and projects across (including but not limited to) Own Funds, Large Exposures and Leverage. The team is accountable for the associated external reporting including CoRep, IFR, IFPR and Pillar III, other related disclosures, as well as internal reporting and governance related activities.

Currently there is an opportunity within the London Capital initiatives Reg Controller team with a focus on strategic regulatory rule changes (project oversight and technical reviews), technology enhancements including the expansion of AI to regulatory processes, Reg project support for the multi-year rollout of risk data aggregation/risk reporting framework (RDARR), as well as adhoc regulatory and internal requests supporting the wider Reg Controller team. The successful candidate will structure, drive forward and provide oversight support over multiple capital initiatives outlined above.

Given this broad remit, the team works closely with a wide range of stakeholders globally, including the wider Reg Controllers and Finance team, Risk, Technology, Firm and Finance Data offices, ISG, Operations, and various Business Units. This breadth of interaction provides an excellent opportunity to learn and interact with a range of regulatory rules, businesses and products across the firm, as well as gain exposure to the latest AI technology and the Firm's data strategy .

In the Finance division, we act as a partner to business units around the globe by providing management, review, analysis and advisory services of the Firm’s financial and capital resources. This is an Associate within our Risk, Assurance, Governance & Control job family which provides oversight and monitoring of operational risk or third party/outsourcing for the global Finance division, validation and testing of financial and regulatory reports and reinforcement of regulatory requirements, policies and procedures.

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:
-High focus on existing and upcoming Capital and Risk Data Aggregation rules (e.g. B3EG, FRTB, RDARR), with oversight across multiple workstreams and support more detailed reviews within those workstreams
-Direct support for the London Reg management team, as well as close collaboration with the Glasgow Capital initiatives team team
-Structure and oversight of project plans across the strategic capital working groups as required.
-Independent challenge of workstreams rule and process based self-assessments
-Coordinating across divisions to capture project documentation, ensuring completeness, accuracy and timely updates
-Communicate project status, risks and issues to key project stakeholders including senior management
-Challenge compliance commentary leveraging the technical knowledge gained through the rules and process reviews
-Collaborate with Technology and Reg teams to roll out AI across Reg control processes, including self assessments, regulatory requests, data management principles, calculation and reporting processes
-Work closely with Reg Controllers and the Finance Data Divisional office on the Firmwide Risk Data Aggregation initiative rollout, including embedding data management principles within business-as-usual processes. Capital Reporting is one of the key prioritized areas for the Firm.
-Support internal and external ad hoc queries, as a technical and process SME
-Act as a key advisor, working alongside cross-functional teams on the implementation of both internal and external capital projects. You have:

What you’ll bring to the role:

-Experience of regulatory calculations and reporting, including review and application of regulatory rules
-Ability to assist with project management with autonomy and structure in a fast past regulatory change environment, with good planning and organizational skills
-Ability to work through technically challenging concepts, with an attention to detail
-Excellent communication both verbal and written
-Work experience within large financial services firms or other directly relevant experience
-The ability to work effectively within local and global teams, as well as independently, building effective working relationships with a variety of different stakeholders across divisions.
-Self-motivated personality with high standards for quality of work and accuracy. The flexibility required to work in a dynamic environment under tight deadlines.
-Proficiency in MS Office (Excel, Teams, PowerPoint, and Word) and an ability to summarize themes in a meaningful format.

#LI-DM1 #LI-Hhybrid

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.

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Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

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.