Non-Financial Risk Testing Director (AVP equivalent)

PowerToFly; Glasgow; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading financial services firm in Glasgow seeks a Non-Financial Risk Testing Director to oversee compliance and operational risk testing. The role involves performing assurance reviews, executing testing across business units, and coordinating regulatory compliance efforts. Candidates should have over 5 years of relevant experience, particularly in a financial institution, and a university degree. The firm emphasizes a supportive work environment with exceptional benefits and flexible working arrangements.

Benefits

Comprehensive employee benefits

Flexible working arrangements

Qualifications

• 5+ years' relevant experience in compliance testing or audit.
• Experience in regulatory compliance at a financial institution is preferred.
• University degree with experience in Compliance.

Responsibilities

• Perform assurance reviews of testing deliverables.
• Execute control focused testing across business units.
• Coordinate potential issues and document action plans.

Skills

Regulatory compliance testing

Audit experience

Analytical skills

Communication skills

Organizational skills

Education

University degree or equivalent

Job description

Non-Financial Risk Testing Director (AVP equivalent)
Glasgow
JR022131

We are seeking someone to join our team as a Non-Financial Risk Testing Officer. 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.

The EMEA Non-Financial Risk (NFR) Testing Team provides independent oversight activities performed to assess the Firm's overall control framework related to Compliance and Operational Risk. The EMEA NFR Testing Team covers all businesses as well as controls and processes owned and operated by supporting control functions, including but not limited to Operations, Technology, Compliance, HR, and Finance.

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

• This role will be based in the EMEA NFR Team in Glasgow performing assurance reviews of testing deliverables, and the candidate will report into the EMEA Head of NFR Testing based in London.
• The candidate will contribute to the design and execution of a portfolio of NFR Tests across business units in EMEA and, where required, globally. This execution-based role will involve working closely with Compliance and Operational Risk coverage teams as well as business unit stakeholders.
• The role will include the following components of Testing:
  • Planning and participating in walkthroughs to create proportionate, risk-based scopes.
  • Executing control focused testing (design effectiveness, operational effectiveness and outcomes based).
  • Coordinating the investigation and escalation of potential issues and documentation of agreed action plans.
  • Managing closure verification of actions, including the assessment of evidence to support closure.
  • Supporting aspects of NFR Testing Management Information.
• The candidate will work closely with EMEA NFR Testing colleagues based in London, Frankfurt, and Mumbai and, where required, colleagues from other Global Testing Teams.

What we’re looking for

• Typically, 5+ years' relevant experience would generally be expected to find the skills required for this role.
• The candidate will have experience in regulatory compliance testing, monitoring, assurance, or audit experience at a financial institution; Investment Banking or Sales and Trading experience is preferred.
• Familiarity with European and specifically UK compliance issues and interpreting relevant law and regulation.
• The candidate should be confident, able to use their initiative and possess good judgment, analytical, communication and organisational skills and be an accomplished team player.
• University degree or equivalent and/or professionally qualified, e.g. in law or accountancy, with relevant years of experience of working in Compliance within the financial services industry (desirable).

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.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

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.

Equal Opportunities

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.