Lead Compliance Coverage Officer for US Finance
Position Description
Lead compliance coverage officer for U.S. Finance Division. Report to global compliance coverage head for Operations, Finance and Technology Divisions. Primary coverage areas include:
• Customer protection-related processes for Morgan Stanley's U.S. institutional and retail broker-dealers, including regulatory reporting (e.g. FOCUS), net capital requirements under Securities Exchange Act (SEA) Rule 15c3-1, and customer reserve formula under SEA Rule 15c3-3
• Coverage of regulator exams
• Prepare and present biannual supervisory control process report
• Continue to develop and build out coverage of Finance Division including Fed reporting and additional areas
• Keep abreast of regulatory developments
• Conduct training, testing and monitoring
• Interact with Operations Division concerning customer asset protection and other matters
Skills Required
• Minimum of 10 years experience covering or working in broker-dealer finance
• In-depth knowledge of broker-dealer customer asset protection rules, including SEA Rule 15c3-3 and 15c3-1
• Experience dealing with regulators
• Excellent oral and written communication skills
• Strong organizational skills with ability to prioritize and multitask
• Track record in building strong interpersonal relationships
• FINRA Series 27 license or relevant regulatory, compliance or legal background required
• Bachelor's degree or higher with MBA or JD preferred
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