Fixed Income Division Business Control Unit, Executive Director

Morgan Stanley; Singapore; On-site; SGD 250,000 - 350,000; Full time

Job summary

Morgan Stanley in Singapore seeks an Executive Director-level candidate for the Fixed Income Division Business Control Unit, focusing on first line risk management. The role collaborates with Front Office and Infrastructure Groups to assess and manage regulatory, operational, conduct, and technology risks in a dynamic market environment.

The role prioritizes Macro: FX and Interest Rates, with some duties in Singapore Commodities and Credit, and support for the Regulatory Control Group within

Qualifications

• Minimum 8 years of banking experience with MAS regulation exposure.
• Ability to operate in a fast-paced environment and balance risk with commercial needs.
• Strong interaction with senior stakeholders across Front Office and Infrastructure.

Responsibilities

• Review new FID initiatives with Infrastructure Groups and support implementation.
• Manage operational risk incidents, queries, and RCSA programs.
• Stay updated on regulations impacting the division and ensure first-line compliance.
• Develop and design new controls and processes within the first line.
• Monitor risk reports and controls to support supervisory framework.
• Support regulatory inquiries, inspections, audits, and testing.
• Represent FID on entity committees, providing updates and flagging issues.
• Assess ad-hoc transaction approvals for complex trades.

Skills

FX

Interest Rates

Credit

Commodities

Project management

Stakeholder management

Education

CFA

FRM

PRM

Tools

Microsoft Office

Job description

We’re seeking someone to join our team as an Executive Director-level candidate and become part of the Fixed Income Division (“FID”) Business Control Unit (“BCU”) team, supporting its first line risk management functions.

In the Fixed Income division, we work in fast-paced and constantly changing global markets to assess and manage risk, trade securities, manage relationships with clients, and structure and execute innovative transactions.

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

Risk management themes include Regulatory Risk, Compliance Risk, Operational Risk, Conduct Risk, Technology Risk, Client Risk. FID BCU is considered the “First Line of Defense”, and the role therefore requires close collaboration with stakeholders of varying seniority across a wide range of teams in the Front Office and Infrastructure Groups.

The role will be based in Singapore with a focus on Macro (FX and Interest Rates), while also having certain responsibilities supporting the Singapore Commodities and Credit businesses and the Regulatory Control Group (“RCG”) within BCU.

Key Responsibilities:

• Reviewing and coordinating new FID business initiatives with Infrastructure Groups, and supporting the implementation
• Managing operational risk incidents, general operational queries/issues, and specific programs such as the Risk & Control Self-Assessment (“RCSA”)
• Keeping updated on regulations and rules that impact the Division and the entity, and ensuring compliance within first line
• Developing and designing new controls & processes within first line
• Monitoring various risk management reports & controls, including those to support the supervisory framework.
• Supporting regulatory enquiries / inspections / applications, internal audits and compliance testing that impact the Division
• Representing FID on various entity committees and forums, providing relevant updates and highlighting issues when needed
• Assessing ad-hoc transaction approvals for complex trades

What you’ll bring to the role:

• Technical product knowledge in FX and Interest Rates required, and Credit and Commodities are an advantage
• Minimum 8 years of working experience in banks, with experience of MAS regulations
• Be able to work in a fast-paced environment and make sound judgment calls
• Be able to find balance between commerciality and prudent risk management
• Ability to interact with stakeholders of varying seniority in different groups
• Strong project management skills
• Highly self-motivated, with a desire to help improve processes and work together in a team
• Solid working knowledge of Microsoft Office
• Hold a professional qualification such as CFA, FRM or PRM is preferred

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.