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Morgan Stanley

Regulatory Reporting Operations- Associate

Morgan Stanley is hiring a Regulatory Reporting Operations- Associate in New York, United States. It pays $65k-$103k a year and Level rates it ; you can apply on Morgan Stanley.

Level's read on this job

  • On Level's scale, this role is Little AI ●○○○: aI is not part of the work.
  • Tools and skills the posting cites include Alteryx, Power Apps and UI Path.
  • Level classifies it as a mid-level role.
  • Level lists 1,200+ other open roles at Morgan Stanley.

AI in this role

Associate in Operations responsible for regulatory reporting operations, data governance, and process automation in financial services.

AlteryxPower AppsUI Path
regulatory-reportingdata-governancerisk-managementoperations

We're seeking someone to join our team as an Associate in Operations to be responsible for the firm's daily CAT operations reporting needs and operate priorities to align the outcome of the program with the organization's overall business goals. The individual will be part of the CAT team.

In the Operations division, we partner with business units across the Firm to support financial transactions, devise and implement effective controls and develop client relationships. This is an Associate level position within Core Services, which is responsible for performing and managing product-agnostic and centralized operational services across several businesses and products.

Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.

Interested in joining a team that's eager to create, innovate and make an impact on the world?

What you'll do in the role:
> Execute complex processes and assist a Team Manager in coordinating processes, risks and/or projects in a Team Lead capacity
> Recognize risk in day-to-day processes to draw out the key issues and leverage detailed knowledge to propose changes in process
> Train others, allocate tasks and support with first line escalation where required
> Share expert knowledge across the team, contribute to team output and development, building relationships across the Firm
> Interface with multiple operations stakeholders, Business Unit, Legal, Compliance and Technology for investigation of reporting and reconciliation exceptions, identify root causes and run governance for resolution
> Monitoring and governance of data quality, FINRA CAT linkage exceptions, upstream and downstream systemic issues, industry platform issues.
> Ensure timely escalation of any issues to stakeholders

>Working knowledge of CAT/CFTC
> Improvement of controls, ensuring 100% reporting accuracy, and compliance to regulatory rules.
> Understanding of Automation platforms (Alteryx/Power apps/Ui Path) to eliminate manual processes and reduce errors, is a plus
> Interface with Industry forums to provide representation of the firm's requirements. i.e. Industry working groups
> Take lead in moderately complex initiatives and deliverables.

What you'll bring to the role:
> Comprehensive knowledge and understanding of functional area and operational/compliance policies and procedures of their team
> Ability to operate independently with respect to some job responsibilities
> Culture carrier across Operations, embracing the Firm's core values
> Expertise in the trade lifecycle and the various downstream user requirements of trade and financial data
> Control and Risk focus.
> Excellent written and verbal communication skills and confidence to lead meetings.
> Self motivated with a strong sense of ownership and accountability for tasks and people
> Strong knowledge on multi jurisdiction regulatory reporting, exception investigation, material economic terms investigation and governance & metrics.
> Experience with transaction reporting preferably in FINRA Consolidated Audit Trail (CAT) or CFTC (Commodity Futures Trading Commission)
> Knowledge of basic terminologies used in the financial services sector.
> Knowledge of project management and change management principles.
> At least 4 years' relevant experience would generally be expected to find the skills required for this role

WHAT 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 $65,000 and $103,000 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.

How we rate this

Regulatory Reporting Operations- Associate at Morgan Stanley rates 0 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

  1. ●●●● Builds AI80 to 100
  2. ●●●○ Works on AI60 to 79
  3. ●●○○ Uses AI40 to 59
  4. ●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.

Prepare for this job

Built from this posting and from similar jobs on Level.

Skills and AI tools this role asks for

Regulatory ReportingData GovernanceRisk ManagementOperationsAlteryxPower AppsUI Path

Questions you could be asked

  1. Tell me about a project where regulatory reporting was part of your work. What did you do?
  2. Tell me about a project where data governance was part of your work. What did you do?
  3. Tell me about a project where risk management was part of your work. What did you do?
  4. Tell me about a project where operations was part of your work. What did you do?
  5. Walk me through how you've used Alteryx in your day-to-day work.

Adapt your resume

  • List these exact terms on your resume: Regulatory Reporting, Data Governance, Risk Management, Operations, and Alteryx. An applicant tracking system matches the wording, not the idea.
  • Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.

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