We’re seeking to join our team as a Vice President within the Non-Financial Risk department, with focus on Compliance experience and expertise with coverage responsibility for the India Global Centre.
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 a Vice President level position within the Coverage Advisory. The role will help raise compliance and non-financial risk management standards across the relevant coverage areas, promote consistency in the design and operation of compliance processes and controls, and provide independent second line oversight, challenge and advisory support on compliance, regulatory and integrated risk management matters.
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:
Manage regulatory risk for the India Global Centre across Mumbai and Bengaluru, including local licensing, regulatory issues and compliance with applicable laws and regulations
Maintain effective communication and working relationships with local regulators, including supporting regulatory interactions and reviewing or preparing required license applications
Provide guidance on Software Technology Park of India (STPI), Customs and other relevant regulations to internal stakeholders, and advise senior management on laws and regulations relating to offshoring and Global Centre operations
Work closely with India Global Centre Management, onshore India LCD, Asia Pacific Legal and Compliance Division management, regional NFR colleagues and global counterparts to support consistent compliance and non-financial risk practices across the Firm
Ensure internal stakeholders, India Global Centre Management, colleagues and staff are informed of relevant legal and regulatory developments and their implications, particularly as they relate to the Firm’s offshoring operations in India
Attend meetings with STPI in Pune or Bangalore to represent MS India Global Centre
Run LCD governance meetings and support NFR Committee meetings, Board-level reporting and other senior management governance forums
Coordinate closely with global functions that provide governance over offshoring operations, including compliance teams in sending locations
Coordinate with internal teams to deliver Global Centre-wide projects and non-financial risk reviews that may have regulatory, compliance or other risk implications
Coordinate with external vendors, consultants, external counsel and other advisers on compliance, regulatory and licensing matters
Support the implementation of the Firm’s compliance and risk policies, procedures, core values and Code of Conduct across the Mumbai and Bengaluru offices
Design and deliver compliance, conduct and non-financial risk training materials and sessions for relevant audiences, including dissemination of the Firm’s Core Values and Code of Conduct
Assist in defining and delivering an evolving annual book of work, with regular review and engagement with senior stakeholders
Review, update and draft compliance manuals, notices, policies and procedures in response to regulatory, business or risk management developments
Assist in compliance monitoring, testing and reviews of offshoring business units, including review of global outsourcing requirements, subcontracting to third parties and new inter-affiliate outsourcing proposals
Apply sound judgment to identify, assess and escalate material compliance and non-financial risks to relevant senior managers and regional LCD stakeholders
Support the enhancement and embedding of the Non-Financial Risk programme, including preparation of risk dashboards, NFR metrics and reporting for Boards and Risk Committees
What you'll bring to the role:
At least 12+ years of relevant industry…