Regulatory Compliance - Frankfurt am Main, Deutschland - Morgan Stanley

Morgan Stanley

Geprüftes Unternehmen

Frankfurt am Main, Deutschland

vor 1 Woche

Geschrieben von:

Lena Wagner

beBee Recruiter

Beschreibung

Regulatory Compliance / Compliance Monitoring & Testing - Director (AVP - Equivalent)

Job Number:
3229845

POSTING DATE:
Jan 19, 2023

PRIMARY LOCATION:
Europe, Middle East, Africa-Germany-Germany-Frankfurt

EDUCATION LEVEL:
Bachelor's Degree

JOB:
Compliance

EMPLOYMENT TYPE:
Full Time

JOB LEVEL:
Director

DESCRIPTION

REGULATORY COMPLIANCE / COMPLIANCE MONITORING AND TESTING
DIRECTOR (AVP EQUIVALENT)

FRANKFURT
The role will have a split responsibility for Compliance Monitoring & Testing and Regulatory Compliance on Level Director (AVP-equivalent).

The Compliance Monitoring and Testing function is responsible for conducting independent, risk-based monitoring and testing of compliance-risk-related controls and activities to assess whether controls implemented, executed and/or owned by the first and/or second lines of defense are reasonably designed and working effectively and to identify activity that, notwithstanding such controls, may constitute a breach of compliance obligations.

The Regulatory Compliance function supports the European Group Head of Compliance in discharging Compliance responsibilities as set out in AT 4.4.2 of the BaFin's Circular on the Minimum Requirements for Risk Management.

This includes mainly the coordination of the regular identification of material legal rules and regulations applicable to the European Group and the non-compliance with these rules that might jeopardise the firms' assets, and the reporting to the management boards of the entities within the European Group on the appropriateness and effectiveness of existing controls and processes to facilitate compliance with applicable rules and outline any potential gaps.

The role will report into the European Group Head of Regulatory Compliance and requires participation on regular meetings with the business units and infrastructure functions within the European Group and stakeholders in Legal and Compliance.

The role is based in Frankfurt a.
M.

About Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic.

We can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow.

A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

What will you be doing?

Execution and regular update of the annual MSEHSE Group Compliance Monitoring & Testing Plan
Compliance testing: Delivery of Compliance tests relevant to the German Group assessing the design and operational effectiveness of the controls in place to manage compliance risk. In addition, the role holder will also support the wider EMEA Compliance testing team on certain other regional tests. This includes coordinating the investigation and escalation of potential Issues and document appropriate remedial actions. Manage closure verification of actions following completion, including the assessment of evidence to support closure.
Compliance risk assessments: Coordination and delivery of Compliance risk assessments and associated reporting to senior LCD management and relevant governance forums
Compliance monitoring: Execution, oversight and support of periodic local Compliance monitoring activities
Execution of the annual MSEHSE Regulatory Compliance Plan; this includes in particular
Coordination of the regular identification of material legal rules and regulations,
Ensuring delivery of materiality assessments and documentations of implemented measures ensuring compliance with applicable rules by the responsible business units and infrastructure functions;
Conducting regular controls on the implementation statuses of such rules
Maintenance of the list of applicable rules and their implementation status
Regular bilateral meetings with each single business unit and infrastructure function as well as meetings across all functions (including preparation of meeting materials, minutes, etc.)
Regular liaison with stakeholders in Legal and Compliance across the European Group
Training and education on compliance topics
Reporting to the different management boards of the European Group
Responses to requests received from external and/or internal auditors

QUALIFICATIONS

What we're looking for:
Law or economics degree or similar
Good understanding of the German/EU regulation framework and of wholesale banking and/or wholesale financial services as well as of the role of the Compliance function
Experience in a Compliance role in the banking/financial services industry, in particular in Compliance Monitoring and Testing
Well organised and ability to perform duties proactively, reliably and accurately with little supervision
Ability t