ISG Trade Surveillance, Associate, Oversight, Monitoring and Testing

Morgan Stanley; Mumbai; On-site; INR 1,500,000 - 2,200,000; Full time

Job summary

Morgan Stanley in Mumbai seeks an Associate for the Surveillance team within LCD, focusing on trade surveillance across multiple asset classes. You will work with Compliance, Operations and front office to investigate alerts and ensure adherence to regulatory requirements.

The role emphasizes data analysis, control enhancement and collaboration across global teams, with a Monday to Friday schedule and flexible hours for time-sensitive matters.

Qualifications

• 4 -6 years of relevant working experience in Compliance or internal audit or with a securities exchange or securities regulator.
• Preference will be given to candidates with relevant experience in Trade Surveillance.
• Knowledge of global markets / market regulations and trading mechanisms across different financial instruments/ markets.

Responsibilities

• Review and analyze trade surveillance reports across asset classes to escalate regulatory or policy breaches.
• Liaise with Compliance, Operations and front office staff to investigate surveillance alerts.
• Resolve escalated alerts and document results; escalate exceptions as needed.
• Identify coverage gaps and quality issues to improve program effectiveness.
• Support tuning and optimization efforts to create efficiencies.
• Create and present Management Information Packs periodically.
• Assist in designing/deploying new controls and enhancing existing ones.
• Assist in delivering surveillance projects or initiatives.
• Support surveillance programs including metrics, KRIs and KPIs.
• Assist in regulatory inquiries, inspections and audits with requested data.

Skills

Trade surveillance

Tableau

SQL

Bloomberg

Reuters Eikon

Tools

Tableau

SQL

Bloomberg

Reuters Eikon

Job description

Job Description

Division: Legal & Compliance (LCD)

Super - Department: Compliance

Department: Surveillance

Sub-Department: ISG Trade Surveillance

Region: Global

Job Level: Associate

Job Title: Associate

Employment Type: Full Time

Location: Mumbai

Firm

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.

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 ethics. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Division

LCD comprises of Legal, Compliance, Global Financial Crimes and Regulatory Relations.

Legal Department

The Legal Department provides guidance, requirements and procedures for understanding and complying with the laws, regulations and Firm policies that apply to our businesses.

Global Compliance Department

The Global Compliance Department identifies applicable Compliance Obligations and maintains a Firmwide Compliance Risk management program, including Compliance Risks that transcend business lines, legal entities and jurisdictions of operation.

Global Financial Crimes

Global Financial Crimes is responsible for the development and governance of the Firm's financial crime prevention efforts across all regions and business units. Global Financial Crimes is comprised of the Anti-Money Laundering (AML), Sanctions, Anti-boycott, Anti-Corruption (ACG) and Government and Political Activities Compliance (GPAC) programs.

Global Regulatory Relations Group (GRRG)

The Global Regulatory Relations Group (GRRG) is responsible for strategic and centralized management of the supervisory activities of Morgan Stanley's regulators and related developments globally, with a focus on regulatory reviews and examinations and continuous monitoring activities. GRRG serves as the central point of contact for the regulatory staff responsible for supervisory activities at Morgan Stanley entities and for timely reporting to Firm management and other governance or management bodies, as appropriate, on those relationships and supervisory processes, including areas of significant regulatory focus or concern.

India LCD GC - Mumbai (India LCD GC)

India LCD GC - Mumbai (India LCD GC) is a part of Morgan Stanley's Global In-house Center, which provides global support to LCD and is an integral part of Firm and LCD strategy.

Team

Surveillance

The Surveillance team performs an independent monitoring/oversight of Compliance reports that look for breaches to internal policies and/or regulatory requirements by Firm Traders/ Institutional Clients.

The team works closely with global colleagues and stakeholders across the Firm (including staff in Legal and Compliance, Business Control Unit, Risk Management, Operations and Technology) to promote the ongoing development and effectiveness of the surveillance program.

Examples of reviews performed are:

• Insider Trading
• Ramping
• Front Running etc.

Primary Responsibilities (Day Job)

• Review and analyze trade surveillance reports across asset classes like equities, derivatives, fixed income and commodities to escalation any regulatory and policy breach identified as part of the review.
• Liaising with Compliance colleagues, Operations and front office staff to investigate surveillance alerts as necessary.
• Resolving escalated alerts appropriately and promptly, documenting results clearly and escalated possible exceptions as appropriate.
• Assist in identifying any coverage gaps, quality issues to help improve program effectiveness.
• Support tuning and optimization efforts to help create efficiencies.
• Creating and Presenting Management Information Packs on a periodic basis.
• Assisting with the design and deployment of new controls, in addition to the enhancement and calibration of existing controls
• Assisting in the delivery of surveillance related projects or initiatives
• Support and provide input into related surveillance programs including the ongoing creation of global surveillance metrics, KRIs and KPIs
• Support regulatory inquiries, regulatory inspections, internal audits by providing requested data / addressing respective queries

Interaction with IT/ QDA

• Work with IT and / or vendors in enhancing/ developing new tools;
• Participate in testing/ requirement drafting of new models/reports; and

Requirements

• Experience:
• 4 -6 years of relevant working experience in the financial services industry in Compliance or internal audit or with a securities exchange or securities regulator;
• Preference will be given to candidates with relevant experience in Trade Surveillance.
• Knowledge:
• Possess excellent knowledge of financial instruments and co-relation of these instruments to being able to assess cross- product risks/ manipulations.
• Knowledge of global markets / market regulations.
• Understanding and knowledge of trading mechanisms across different financial instruments/ markets.
• Should possess knowledge of trade booking and settlements.
• Skills and Qualities:
• Knowledge of global markets / market regulations.
• Knowledge of trading strategies, algorithms and trading terminologies.
• Knowledge of market data vendors (e.g. Bloomberg, Reuters Eikon).
• Excellent communication skills: able to communicate complex scenarios and concepts clearly, concisely and effectively, both verbally and in writing, to stakeholders across all levels.
• Strong analytical skills; experience of handling, analyzing and presenting large data sets to identify exceptions or anomalies.
• Ability to work with cross-functional and cross-regional teams spanning Compliance, and Technology.
• Strong Analytical Skills and attention to detail.
• Knowledge / Use of analytical tools like Tableau/SQL to query large data sets.
• Understanding of new technologies like Machine Learning, AI, etc.
• Coverage:
• Monday to Friday from 1:30PM to 10:30PM India time with flexibility on standard working hours for time sensitive matters (including India Public Holidays).

Equal Opportunity Statement

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise 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.

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.