Company Profile Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 42 countries.
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. Morgan Stanley 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.
Department Profile The Compliance Department is a service-oriented department which provides guidance and advice to all business and support staff at the Firm, including Sales & Trading, Research, Investment Banking, Finance, Administration and Operational staff.
The Department provides general transactional guidance and advice to Business Units and other staff, implements compliance policies as required, and provides training. It also undertakes surveillance activities and utilises exception reports to monitor and, where appropriate, investigate Firm, customer and employee trading activity. The Department is also called upon to render advice on legal requirements; the rules and regulations of statutory and SROs, exchanges, and other bodies; and Firm policies and procedures.
Team Profile The Control Group is responsible for monitoring the Firmâ€™s Information Barriers, policies and procedures implemented to maintain said Information Barriers and pre-clearance of certain business activities that may present potential conflicts of interest. The Sales and Trading coverage team within the group is primarily responsible for the clearance, review and takeover panel reporting of the trading activities of the firm and itâ€™s employees as well as email surveillance and the maintenance of the Firmâ€™s Watch and Restricted Lists.
Day-to-day responsibilities of the members of the Control Group Sales & Trading Coverage include, but are not limited to: - Review, appropriate resolution and documentation of new Watch List and Front-Running Surveillance alerts assigned to them as well as the closure of surveillance work items related to already open surveillance issues. - Ongoing Watch and Restricted List maintenance, including necessary interactions with private side deal team members or other relevant LCD or business unit contacts. - Documentation and relevant notifications under the Firmâ€™s Wall Crossing policies and procedures. - Restricted List guidance for the sales & trading and asset management businesses, including the pre-clearance of relevant principal trading activity. - Employee trade pre-clearances for business units or individuals subject to trade pre-clearance with the Control Group due to their private side, Above-the-Wall or Over-the-Wall status. The â€œControl Group Manualâ€� and the â€œSurveillance Manual â€" Watch and Restricted Listâ€�, among other policy and procedure documents, provide further details on Control Group responsibilities.
If an issue or problem comes to the attention of the member of the Control Group Sales & Trading Coverage Team, the individual should determine whether it is necessary to consult with their immediate supervisor, the Regional Control Group Manager, the Global Head of the Control Group, Litigation, LCD Management, or other appropriate areas. Notwithstanding relevant supervisory reviews that would identify this, if the individual feels they cannot complete their assigned responsibilities or cannot complete them timely, the individual should bring that to their supervisorâ€™s attention.
Primary Contacts Due to the diverse and widespread nature of the teamâ€™s role, the team members are in close constant contact with other staff from Legal and Compliance and various business units. Interaction can often be with very senior members of staff. The Firm runs a global Control Group and there is regular contact with staff in Tokyo, London and New York.
Supervision The successful candidate will report to the Asia Control Group Surveillance Manager who reports into the Asia Head of Control Group. Training needs for the individual would be reviewed regularly.