Non-Financial Risk Testing Officer

Morgan Stanley; Glasgow; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a proactive compliance testing professional to join their EMEA NFR Team in Glasgow. This role offers the opportunity to conduct assurance reviews and execute a variety of compliance tests across business units, ensuring adherence to regulatory standards. The ideal candidate will possess strong analytical and communication skills, along with a solid understanding of compliance within the financial services sector. Join a collaborative environment that values diverse perspectives and offers comprehensive support for career growth and work-life balance.

Benefits

flexible working arrangements

comprehensive employee benefits

supportive and inclusive environment

Qualifications

• Experience in regulatory compliance testing at a financial institution is essential.
• Strong analytical, communication, and organizational skills are required.

Responsibilities

• Conduct assurance reviews of testing deliverables within the EMEA NFR Team.
• Design and execute a portfolio of NFR Tests across business units.

Skills

regulatory compliance testing

monitoring

assurance

audit experience

analytical skills

communication skills

organizational skills

team player

Education

University degree or equivalent

professionally qualified in law or accountancy

Job description

The EMEA Legal and Compliance Department (LCD) is charged with day-to-day oversight and coordination of the Firm’s compliance with core regulatory requirements covering all businesses including Institutional Sales and Trading (Equities, Fixed Income and Commodities), Investment Banking, Research, and Investment Management across the EMEA region as well as the supporting control functions.

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.

About Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. We can provide a superior foundation for building a professional career – a place for people to learn, to achieve and grow.

What will you be doing?

• 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:

• 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).

Where will you be working?

This role is based in 122 Waterloo Street, Glasgow.

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 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration.

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.

We're committed to bringing passion and customer focus to the business.

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.