Compliance Manager, FID Compliance Group recruitment

Position Category: Legal/Compliance

Position Title: Compliance Manager, FID Compliance Group

Job Level: Manager

Location: USA - NY - New York

Education Required: Refer to Position Description

Position Description:
Compliance Manager, FID Compliance Group

DUTIES
Morgan Stanley Co. LLC seeks Compliance Manager, FID Compliance Group in New York, NY to review NSARs and provide comments to the MSIM Legal department on any change in fund strategies. Prepare responses for monthly and quarterly client certifications that are sent out to MSIM clients. Conduct daily surveillance of over 81 fixed income separately managed accounts and mutual funds including 2a-7 money market funds. Communicate with PM's and MSIM attorneys in case a 1940 Act non-diversified fund acts diversified. Identify, investigate and resolve regulatory and client guidelines breach with the portfolio management team. Review compliance alerts and warnings generated by investment management compliance system using BlackRock Aladdin/ LatentZero Sentinel systems, to ensure that firm is in compliance with the Investment Company Act of 1940, ERISA, as well as other applicable regulatory rules and client contracts. Update guidelines summary and compliance system based on recent prospectus/SAI and any board approved items. Monitor guidelines that are currently not codable in the automated system. Analyze mutual fund board meeting minutes to make appropriate changes in guidelines summary and compliance system. Maintain derivatives grid for 40 Act funds to ensure compliance with derivative guidelines. Approve reallocation of trades in case of trade errors and omissions. Prepare responses to monthly and quarterly client questionnaires using Microsoft Office. Use Bloomberg to research potential compliance issues.

REQUIREMENTS
Bachelor's degree in Business Administration, Finance or related field or equivalent and five (5) years of experience participating in the implementation and testing of investment management compliance systems such as Latent Zero Sentinel or Blackrock Aladdin on behalf of a global financial services institution. Prior experience must include working with users and cross-functional teams to determine business requirements and regulatory restrictions and translate those into technical specifications; performing coding functions with respect to 1940 Act regulations as well as ERISA using Latent Zero Sentinel system; monitoring regulatory and client specific guidelines; automating compliance, regulatory guidelines and limits utilizing compliance engine for asset management and fixed income accounts; and supporting investment management teams including providing real time advice to front office personnel.
QUALIFIED APPLICANTS

Please apply directly through this website or e-mail your resume to: efc110180@msresumes.com. NO CALLS. EOE

Skills Required:
Refer to position description

Skills Desired:
Refer to position description