Regulatory Reporting Quality Assurance (RRQA) Vice President

711 MS Smith Barney, LLC; United Kingdom; On-site; GBP 80,000 - 120,000; Full time

Job summary

A leading financial service provider seeks a Regulatory Reporting Quality Assurance (RRQA) Vice President who will oversee validation processes within Finance. The position involves strategic planning, team leadership, and collaboration across divisions. Suitable candidates will have a Bachelor's degree in a relevant field and possess strong critical thinking and analytical skills, aiming to enhance organizational effectiveness.

Benefits

Comprehensive employee benefits

Flexible working arrangements

Supportive and inclusive environment

Qualifications

• Leadership of the EMEA validation book of work.
• Strong analytical skills desired to present data meaningfully.
• Management of team's career development.

Responsibilities

• Lead the planning of RRQA's annual scope.
• Monitor and report validation progress to senior management.
• Review and approve validation activities.

Skills

Ownership

Critical thinking

Strong analytical skills

Communication

Management

Education

Bachelor's Degree in Finance, Mathematics, Accounting or similar discipline

Tools

Microsoft Office

Job description

Regulatory Reporting Quality Assurance (RRQA) Vice President page is loaded

Regulatory Reporting Quality Assurance (RRQA) Vice President

Apply locations Glasgow, United Kingdom time type Full time posted on Posted Yesterday job requisition id PT-JR013797 Title: Regulatory Reporting Quality Assurance (RRQA) - Vice President - Glasgow

We are looking to hire a team lead in the Finance Division's Risk and Assurance (FinRiA) group, specifically into the Regulatory Reporting Quality Assurance (RRQA) team.

The FinRiA group is represented in our New York, Glasgow, London, Tokyo and Hong Kong offices and performs an oversight, governance and execution role in support of the Firm's operational risk programs and objectives. The group interacts across all areas of Finance, the Firm Operational Risk Department, the Front Office, Internal Audit and Operations, supporting accurate risk reporting across Finance whilst furthering the risk management culture and infrastructure.

The RRQA team works collaboratively across New York, Glasgow, and Mumbai on a validation programme to support the continuously expanding regulatory reporting environment impacting the Morgan Stanley Finance division.

What will you be doing?
RRQA is an independent, second line of defense (2LOD) function within the Finance department. The team's role is to validate processes and controls supporting Finance-owned reports and components across Capital, Credit, Market, Operational, Liquidity and other reporting submitted to global regulators, from transaction capture through to final reporting. Products subject to review may include derivatives, secured financing transactions, loans, securitizations, debt and equity.
The successful candidate will be responsible for leading the EMEA validation book of work, reporting to the International Lead. Responsibilities will include strategic planning of the annual book of work with senior stakeholders, oversight of the resulting execution of the work to ensure quality and timeliness, developing direct reports, and partnering with teams across Finance and other divisions to support optimal, innovative collaboration.
The RRQA role offers significant opportunities to learn about the broader Firm as the validation program encapsulates many different types of reporting (e.g. capital, liquidity, recovery planning) and stakeholders (e.g. Finance, Operations, Technology). The role is also project-based (e.g. not daily, weekly, monthly reporting) which offers variety in the work performed, continued learning and flexibility. What we're looking for:

Key responsibilities:
> Lead the planning of RRQA's annual scope and the related resourcing requirements to meet strategic objectives; presentation of the plans to steering committees and stakeholders.
> Leadership of team locally to deliver value-add validations, acting as a role model for team and Firm culture.
> Partnership with stakeholders to develop trust-based, effective networks to facilitate the validation program and brokering agreement to any resulting issues.
> Problem solving complex issues to consider multiple solutions and provide guidance to team.
> Review and approval of validation activities, including process, control and substantive testing from data source to final reporting.
> Monitoring, tracking and reporting of validation progress to senior management.


Skills required:
> Ownership, accountability and ability to manage multiple responsibilities.
> Critical thinking, initiative, and an inquisitive nature to validate whether processes and controls are operating as intended. Appetite for challenge and getting involved in unfamiliar areas.
> Strong analytical skills to organize, interrogate and present data and progress in a meaningful way.
> Strong written communication and oral skills, including consultative approaches; the ability to confidently explain complex issues; tailoring of communications for senior audiences; ability to negotiate where required.
> Management of team's career development; act a as culture carrier and inspire the respect of others.
> Desire to continually learn (e.g. evolving regulatory reporting environment) and seek innovative ways to improve processes.
> Microsoft Office (Excel, Word, and PowerPoint) proficiency.

Skills desired:
> Bachelor's Degree in Finance, Mathematics, Accounting or similar discipline.
> Fully Qualified accountant.
> Prior audit or assurance experience

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.

Certified Persons Regulatory Requirements:
If t his 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.