Vice President, Bank Compliance – Institutional Business and Regulation W Coverage

Morgan-Stanley; Dallas (TX); On-site; USD 108,000 - 162,000; Full time

Job summary

Morgan Stanley is seeking a Bank Compliance - ISG Coverage Officer in the U.S. Banks Non-Financial Risk space to serve as a subject matter expert on banking rules and regulations.

You will participate in policy development, monitoring, trainings and risk assessments to support regulatory compliance across institutional businesses. Ideal candidates hold a Bachelor's degree (MBA/JD and CRCM preferred) with 8+ years of compliance experience, and will work with OCC/FRB rules to ensure appropriate

Qualifications

• Bachelor's degree required; MBA or JD preferred.
• CRCM preferred.
• 8+ years of compliance/regulatory experience in financial services.

Responsibilities

• Provide compliance guidance on Regulation W, Regulation O, Anti-Tying, and Government Securities Act.
• Develop, maintain and revise policies and procedures related to banking rules and regulations.
• Conduct appropriate compliance monitoring and KRIs/dashboards for senior management.
• Develop and deliver compliance trainings for relevant employees.

Skills

Regulatory compliance knowledge

Policy development

Compliance monitoring

KRIs & dashboards

Training development

Risk assessment

Regulation W/O/Government Securities

Education

Bachelor's degree

MBA or JD preferred

CRCM preferred

Job description

We're seeking someone to join our team as a Bank Compliance - ISG Coverage Officer in the U.S. Banks Non-Financial Risk to serve as Subject Matter Expert in providing compliance advice and guidance to institutional businesses on the U.S. Banks with respect to banking rules and regulations.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 a Vice President level position within the U.S. Banks Institutional Banking & Lending Compliance Team, which is responsible for providing Compliance coverage for (i) Institutional Securities Group businesses with respect to all U.S. banking rules and (ii) all business segments with respect to certain compliance programs, such as Regulation W, Regulation O and Government Securities Act.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:- Provide advice and guidance with regard to compliance requirements of Regulation W, Regulation O, Anti-Tying rules, and Government Securities Act regulations.- Support the creation, maintenance, and revision of existing and new policies and procedures relating to banking rules and regulations- Conduct appropriate Compliance monitoring- Provide periodic updates to senior management on compliance matters- Prepare compliance related KRIs and dashboards- Support the development of and conduct compliance trainings for relevant employees- Participate in compliance risk assessments and contribute to the development of the Annual Compliance Plan- Support the Bank Non-Financial Risk Testing team with their reviews- Analyze compliance requirements for New Product Approvals and coordinate with relevant stakeholders in ensuring appropriate controls are established to mitigate compliance risk What you'll bring to the role:- Bachelor's degree required; MBA or JD preferred- CRCM preferred- 8 or more years of compliance and/or regulatory experience with knowledge of the financial services industry, regulatory requirements, and experience in analyzing business risk and best practices- Knowledge of banking regulations from the OCC and Federal Reserve, and how they apply to bank products- Ability to discuss and explain how regulations apply to certain products- Highly organized and detail-oriented with strong analytical skills- Organizational skills to manage multiple projects and ability to work independently in a fast-paced environment- Strong interpersonal and teamwork skills, as well as excellent oral and written communication skills- Strong client-relations skills and ability to partner with clients to develop practical solutions that meet business needs while remaining compliant with applicable laws and regulations- Able to perform analysis and problem identification, determine solutions and best execution and able to work under specific deadlines- Strong work ethic and drive- Strong sense of integrity and ethical leadershipWHAT 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 $108,000 and $162,000 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 .