Regulatory Relations Director (AVP)

474 MS Services Group, Inc.; Dallas (TX); On-site; USD 77,000 - 117,000; Full time

Job summary

Morgan Stanley is seeking a Director (AVP) in Legal and Compliance to manage regulatory examinations and risk reviews for the Americas Market Conduct Regulatory Relations Group. You will coordinate regulator requests, prepare materials, and communicate findings to stakeholders globally.

Ideal candidates have a JD or MBA and 5+ years in regulatory banking or legal/compliance roles, with strong written/oral skills, planning ability, and a collaborative leadership style.

Qualifications

• Bachelor degree required.
• JD/MBA a plus.
• 5+ years banking experience from a regulatory organization or in a legal/compliance/regulatory background.
• Strong written and oral communication, presentation, and interpersonal skills.
• Strong planning and organization skills.
• Ability to multitask, be flexible, manage to a deadline, adapt to change of priorities.
• Ability to work independently with regulatory staff and senior personnel globally.
• Sound judgment in identifying risks and escalating to senior management.
• Strategic thinker with attention to detail when necessary.
• Must be a self-confident leader with collaborative approach.

Responsibilities

• Front-to-back management of concurrent regulatory examinations and risk reviews.
• Coordinate regulator requests and ensure stakeholders are apprised of status.
• Maintain detailed status of open examination and risk issues.
• Advise on regulatory responses and remediation plans.
• Assist with regulator meetings and preparation of internal materials.
• Prepare internal stakeholders for examinations and meetings.
• Foster proactive relationships with regulatory counterparts and internal teams.
• Stay current on regulatory landscape and emerging rules.
• Support Reg Relations initiatives across regions and functions.
• Partner with senior management to ensure timely, accurate responses.

Skills

Regulatory relations

Regulatory exams

Communication skills

Planning & organization

Multitasking

Independent work

Leadership

Strategic thinking

Education

Bachelor degree

JD/MBA a plus

Job description

We’re seeking someone to join our team as a Director (AVP) in Legal and Compliance to support the Americas Market Conduct Regulatory Relations Group (AMCRRG) by coordinating regulatory exams, risk surveys and continuous monitoring activities and enabling process improvement through documentation and technology (including Teams, AI, and OpenPages). 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. This is an analyst/associate level position within the Regulatory Relations team. The Americas Market Conduct Regulatory Relations Group (AMCRRG) provides strategic advice on supervisory matters and centralized management of the activities of the Firm's regulators and related developments globally, focusing on regulatory reviews and examinations and continuous monitoring activities. AMCRRG serves as the central point of contact with the supervisory market conduct regulators (e.g., SEC, CFTC) in the US to facilitate open, productive and proactive relationships. AMCRRG regularly apprises senior management of the Firm's market conduct regulatory relationships, including providing thought leadership. 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:

• Front-to-back management of concurrent regulatory examinations and risk reviews, as well as the coordination of other ad hoc requests made by the SEC, CFTC, FINRA, NFA, state regulators and other exchanges
• Communicating with regulators regarding document requests, areas of review and potential findings; Ensuring stakeholders are apprised of all key regulatory requests, meetings and areas of focus, including both the status and resolution
• Maintaining a detailed understanding of the status of open examination and risk review issues
• Advising on the appropriateness of regulatory responses and remediation plans
• Assisting with regulatory meetings, including working with regulators on the agendas, preparation of internal stakeholders and materials, and the tracking and coordination of responses to follow-up requests
• Preparing other internal stakeholders for regulatory exam, risk review and ad hoc meetings
• Fostering proactive relationships with regulatory counterparts and internal key constituents
• Keeping up-to-date on the Financial Services regulatory landscape, including trends and new rules
• Provide ad-hoc support on various Reg Relations initiatives, including across other Regulatory Relations regions / functions
• Partnering closely with internal stakeholders and senior management to ensure timely, accurate, and well-controlled responses to regulators.

What you'll bring to the role:

• Bachelor degree required.
• JD/MBA a plus.
• 5+ years banking experience from a regulatory organization such as the FRB, OCC, FDIC or CFPB or in a similar position in the financial services industry or legal /compliance/regulatory background.
• Critical dependency on strong written and oral communication, presentation, and interpersonal skill to effectively interact with and influence internal and external stakeholders
• Strong planning and organization skills
• Ability to multitask, be flexible, manage to a deadline, adapt to change of priorities
• Ability to work independently and effectively with both regulatory staff as well as senior firm personnel globally
• Sound judgment in identifying risks in order to proactively escal[e] with the relevant senior management
• Demonstrated ability to operate at a strategic level with capacity to engage with detail when necessary
• Must be a self-confident leader possessing a collaborative and participatory management style.
• Professionalism, sensitivity, and discretion required

Please note that the location listed for this role is temporary. The position’s work location will transition to 1445 Ross Ave, Dallas, TX 75202 at a future date. In-Person interviews will be required for the role.

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.

TX: Expected base pay rates for the role will be between $77,000 and $116,750 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.