Commodities Compliance Professional

474 MS Services Group, Inc.; New York (NY); On-site; USD 95,000 - 155,000; Full time

Job summary

Morgan Stanley's Global Compliance team seeks a Director (AVP) to lead the Commodities Compliance coverage for the North America business. The role emphasizes reviewing trading and risk processes, coordinating regulator interactions, and delivering reports and guidance to traders and management.

You will draft compliance notices and manuals, present findings to diverse groups, and coordinate cross-functional projects on regulatory matters. Extensive time on the trading floor is expected.

Qualifications

• Bachelor's degree required.
• 5+ years of experience.
• Excel skills are a must.
• Knowledge of physical and derivative commodity products and related regulations.

Responsibilities

• Produce and review reports.
• Prepare and maintain hedge exemptions.
• Interact with regulators.
• Interact with Commodities traders, business unit management, operations and technology.
• Draft Compliance Notices and Compliance Manuals as needed.
• Conduct routine presentations to large and small groups on related compliance issues.
• Conduct routine compliance reviews.
• Various additional compliance projects.

Skills

Excel

Education

Bachelor's degree

Job description

We are seeking someone to join our Commodities team as a Director (AVP) in Global Compliance.

In the Legal & Compliance division, we assist the Firm in achieving its business objectives by facilitating and overseeing the Firm’s management of legal, regulatory and franchise risk.

The Americas Compliance Department is charged with day-to-day oversight and coordination of the Firm's compliance with core regulatory requirements covering all businesses including Institutional Sales and Trading (fixed income, commodities and equities), Investment Banking, Global Capital Markets, Research and Investment Management across the Americas region.

The Commodities Sales and Trading Compliance Group (Commodities Compliance) sits within the Fixed Income Division Compliance Team and advises on and assists the Firm's North America Commodities Group in establishing, implementing and enforcing sales and trading practices.

Commodities Compliance is responsible for reviewing business, compliance and supervisory processes and practices.

Commodities Compliance will coordinate, recommend, and execute plans to address potential issues, fulfill regulatory obligations and promote best practices.

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:

The Commodities Compliance professional will assist with Compliance coverage of the North America Commodities business.

• Production and review of reports
• Preparing and maintaining hedge exemptions on behalf of the business unit;
• Interacting with regulators
• Interacting with Commodities traders, business unit management, operations and technology
• Drafting Compliance Notices, and Compliance Manuals as needed
• Conducting routine presentations to large and small groups on related compliance issues
• Conducting routine compliance reviews
• Various additional compliance projects

The position requires extensive time on the trading floor and interaction with Commodities business and support personnel.

What you’ll bring to the role:

• Bachelor’s degree required
• 5+ years of experience
• Excel skills are a must
• Possess product knowledge and familiarity with rules and regulations relevant to physical and derivative commodity products and should also have strong communications skills.
• Willing to expand our search to qualified candidates without specific experience in Compliance provided they have a background with commodity markets, laws and regulations.

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. Expected base pay rates for the role will be between 95000 and 155000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

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. At Morgan Stanley, we advise, originate, trade, manage and distribute capital for people, governments and institutions, always with a standard of excellence and guided by our core values.

Morgan Stanley is dedicated to providing first-class service to our clients, in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world. In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading-edge solutions - and in the ability of capital to work for the benefit of all society.