Commodities Compliance Professional

Morgan Stanley; New York (NY); On-site; USD 95,000 - 155,000; Full time

Job summary

Morgan Stanley is seeking a Director (AVP) to join the Global Compliance Commodities team in New York. In this role, you will help oversee regulatory programs and advise on sales and trading practices for physical and derivative commodity products.

You will produce and review reports, interact with regulators and trading teams, draft compliance notices, and lead routine reviews and projects. A bachelor’s degree and 5+ years of experience, with strong Excel and communications skills, are required.

Qualifications

• Bachelor's degree required in a related field.
• 5+ years of experience in compliance or related roles.
• Excel skills are a must.
• Knowledge of rules and regulations for physical and derivative commodity products.
• Strong communications skills and ability to engage with regulators and traders.

Responsibilities

• Production and review of reports.
• Preparing and maintaining hedge exemptions for the business unit.
• Interacting with regulators and with commodities traders and management.
• Drafting Compliance Notices and Compliance Manuals as needed.
• Conducting routine presentations on compliance issues.
• Performing routine compliance reviews and supporting additional projects.

Skills

Excel skills

Communication skills

Regulatory knowledge

Commodity markets knowledge

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:

• 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

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.