Regulatory Policy Director (Equivalent to AVP)

Morgan Stanley; Glasgow; On-site; GBP 120,000 - 180,000; Full time

Benefits offered by this job

Flexible working

Diversity & inclusion

Job summary

Morgan Stanley in the United Kingdom seeks a Director to lead the Accounting and Regulatory Policy team, shaping capital and liquidity policies under US GAAP, IFRS and Basel frameworks. You will partner with Finance and senior stakeholders to deliver policy deliverables and horizon-scan regulatory developments.

The role emphasizes governance, technical depth in Basel-based regulation, talent leadership and promoting an inclusive culture while driving innovation in regulatory tooling.

Qualifications

• Experience in regulatory policy, prudential regulation, regulatory reporting, risk, compliance or a related financial services discipline.
• Understanding of Basel-based regulation, including capital or liquidity reporting rules, or a strong track record of developing technical subject matter expertise.

Responsibilities

• Collaborate with a varied group of colleagues in Finance and across the Firm
• Responsible for and lead a significant set of deliverables, leveraging advanced understanding of Finance functional area, product and/or client segment
• Proactively identify emerging risks in individual and department work and contribute to strategies for mitigating them
• Act as a role model and culture carrier; embody and set an example of the Firm's values and hold yourself and others accountable to Firm standards
• Manage the process to develop Morgan Stanley's capital and liquidity regulatory policies and lead prudential regulatory horizon-scanning processes to identify new requirements. This will include the technical review of new publications and communication to senior stakeholders.
• Support regulatory interpretation governance forums and committees, liaising with committee members and subject matter experts to produce high-quality materials and minutes
• Advance innovation and digital tooling for regulatory policy processes, including liaison with internal management and third-party providers
• Develop technical knowledge of Basel-based regulation and support the resolution of advisory queries from internal stakeholders
• Manage, attract, develop and retain talent for the team within Finance while creating an inclusive environment; translate Firmwide goals into actionable goals for department/function

Skills

Regulatory policy

Basel regulations

Stakeholder communication

Cross-functional leadership

Regulatory reporting

Risk assessment

Regulatory horizon-scanning

Job description

We're seeking someone to join our Accounting and Regulatory Policy team to support the management and development of global capital and liquidity regulatory policies, manage the process to identify new regulations and provide support on related governance requirements.

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 a Director-level position within our Accounting and Regulatory Policy team, which is responsible for the Firm's accounting policies under US GAAP and IFRS and Basel-based regulatory capital and liquidity policy.

Since 1935, Morgan Stanley is known as a global leader in financial services, continuously 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

• Collaborate with a varied group of colleagues in Finance and across the Firm
• Responsible for and lead a significant set of deliverables, leveraging advanced understanding of Finance functional area, product and/or client segment
• Proactively identify emerging risks in individual and department work and contribute to strategies for mitigating them
• Act as a role model and culture carrier; embody and set an example of the Firm's values and hold yourself and others accountable to Firm standards
• Manage the process to develop Morgan Stanley's capital and liquidity regulatory policies and lead prudential regulatory horizon-scanning processes to identify new requirements. This will include the technical review of new publications and communication to senior stakeholders.
• Support regulatory interpretation governance forums and committees, liaising with committee members and subject matter experts to produce high-quality materials and minutes
• Advance innovation and digital tooling for regulatory policy processes, including liaison with internal management and third-party providers
• Develop technical knowledge of Basel-based regulation and support the resolution of advisory queries from internal stakeholders
• Manage, attract, develop and retain talent for the team within Finance while creating an inclusive environment; translate Firmwide goals into actionable goals for department/function

What You'll Bring To The Role

• Advanced understanding of Finance functional area, product and/or client segment and technical skills, as well as of industry and competitive environment
• Ability to provide positive and constructive feedback and acknowledge efforts of team members
• Ability to articulate risk and impact to various audiences, and create plans to mitigate those risks
• Experience in regulatory policy, prudential regulation, regulatory reporting, risk, compliance or a related financial services discipline
• Understanding of Basel-based regulation, including capital or liquidity reporting rules, or a strong track record of developing technical subject matter expertise
• Ability to communicate complex technical material clearly to stakeholders with varying levels of experience and knowledge, both in written and verbal form
• Experience influencing outcomes across cross-functional teams, facilitating discussions and building consensus with senior stakeholders
• At least six years' relevant experience would generally be expected to develop the skills required for this role

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.

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.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.