Central Risk Team (Supervision), Senior Associate/Manager, Institutional Securities Group

Morgan Stanley; Mumbai City; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Morgan Stanley’s ISG Central Risk team in Mumbai seeks a skilled Compliance and Risk professional to oversee policy breaches, surveillance, and regulatory adherence for front‑office activities. You will monitor daily policy breaches, escalate issues, and drive improvements across divisions involved in equities, fixed income, and investment banking.

The role requires 3–6 years in compliance/risk, strong communication, and independence, with MS Office proficiency.

Qualifications

• Management Graduate/ Master’s in Commerce/From Finance Background.
• 3‑6 years with a background in Compliance, Risk Management, Trade surveillance and / or Trading Support focusing on sales and trading issues.
• Ability to work independently.
• Positive mindset and inquisitive to learn and perform.
• Exceptional organizational skills and high degree of attention to detail.
• Knowledge of Equities markets, understanding of applicable regulatory rules and regulations.
• Excellent oral and written communication skills.
• An understanding of and strong focus on the mechanics of a control environment, including escalation and risk‑related issues.
• Proficiency in MS Office and related applications (Word, Excel, PowerPoint).

Responsibilities

• Reviewing internal policy breaches daily, investigate, educate and elevate as necessary
• Trend and identify repeat behaviours and establish a process to address recurrence
• Reviewing electronic communications and escalating where these are not in line with internal policies
• Create management reports to highlight issues, trends, new regulatory changes etc.
• Support BU projects to create, enhance or develop procedures/protocols.
• Engaging with other regional RCG teams to focus on and deliver increased automation and standardization across applicable surveillance processes
• Engaging with ISG contacts and other stakeholders to build awareness of Non‑ Financial Risk and RCG’s continued focus on proactive and effective surveillance and supervision
• Drive discussion with relevant Risk and Compliance contacts to validate the existing review process and alert disposition logic
• Help ensure that ISG activities comply with relevant legal, regulatory and Firm requirements
• Partner with stakeholders to design and implement new reports to assist with the Firm keeping pace with the evolving Regulatory environment
• Partner in projects related to improving the review process, reducing false positives or further enhance the report logic

Skills

Compliance knowledge

Risk management

Trading surveillance

Independent worker

Attention to detail

Communication skills

Control environment

MS Office proficiency

Education

Master’s in Commerce

Tools

MS Office Suite

Job description

The Central Risk team within Institutional Securities Group (ISG) provides oversight of regulatory and firm requirements for supervision, Surveillance, entitlements, and information security by performing in-depth assessments and implementing consistent programmatic coverage globally for Institutional Equities, Fixed Income, Global Capital Markets, Investment Banking and Research. The team seeks to ensure front-office compliance with all applicable rules and regulations governing the firm, as well as adherence to internal standards, controls, and policies.

The ISG Central Risk team fulfils a front office advisory role as the first line of defense.

The scope of this role includes escalation, oversight, project execution, control ownership and is the default owner for many division-wide audit and regulatory issues.

ISGM Central Risk Team -

ISG Central Risk Supervision team reviews internal policies that employees within ISG need to adhere to e.g. Employee Trading Policy, Mandatory Vacation Policy, E-Communication Surveillance policy. The team is bifurcated by region to manage stakeholder engagement and ensuring standardization of reviews across Business groups.

What you’ll do in the role:

• Reviewing internal policy breaches daily, investigate, educate and elevate as necessary
• Trend and identify repeat behaviours and establish a process to address recurrence
• Reviewing electronic communications and escalating where these are not in line with internal policies
• Create management reports to highlight issues, trends, new regulatory changes etc.
• Support BU projects to create, enhance or develop procedures/protocols.
• Engaging with other regional RCG teams to focus on and deliver increased automation and standardization across applicable surveillance processes
• Engaging with ISG contacts and other stakeholders to build awareness of Non- Financial Risk and RCG’s continued focus on proactive and effective surveillance and supervision
• Drive discussion with relevant Risk and Compliance contacts to validate the existing review process and alert disposition logic
• Help ensure that ISG activities comply with relevant legal, regulatory and Firm requirements
• Partner with stakeholders to design and implement new reports to assist with the Firm keeping pace with the evolving Regulatory environment
• Partner in projects related to improving the review process, reducing false positives or further enhance the report logic

What you’ll bring to the role:

• Management Graduate/ Master’s in Commerce/From Finance Background
• 3‑6 years with a background in Compliance, Risk Management, Trade surveillance and / or Trading Support focusing on sales and trading issues
• Ability to work independently
• Positive mindset and inquisitive to learn and perform
• Exceptional organizational skills and high degree of attention to detail
• Knowledge of Equities markets, understanding of applicable regulatory rules and regulations
• Excellent oral and written communication skills
• An understanding of and strong focus on the mechanics of a control environment, including escalation and risk‑related issues
• Proficiency in MS Office and related applications (Word, Excel, PowerPoint)

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.

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.