Control Group Manager - Compliance, Associate​/Director; AVP equivalent

Control Group Manager - Compliance, Associate / Director (AVP equivalent)

Glasgow

JR022232

We’re seeking someone to join us a Control Group Manager – Compliance, Associate / Director.

In the Legal & Compliance division, we assist the Firm in achieving its business objectives by facilitating and overseeing the Firm’s management of legal, regulatory and franchise risk.

The EMEA 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, Global Capital Markets and Investment Management.

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.

The Control Group is responsible for monitoring the Firm'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 Research & Investment Banking coverage team within the group is primarily responsible for the review of Research, chaperoning and gatekeeping communications between Research and the Private Side as well as personal account trade pre‑clearances and the maintenance of the Firm's Watch and Restricted Lists.

Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

• 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 Firm's Wall Crossing policies and procedures.
• Review of Fixed Income and Equity Research against the Firm's Watch and Restricted List for compliance with relevant securities laws and with internal policies, such as the Firm's M&A Research Policy.
• Chaperoning and gatekeeping of permissible communications between Research and the Private Side under the Global Research Settlement and relevant internal policies and procedures.
• 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.

Ensure compliance with procedures designed to prevent conflicts of interest between Investment Banking and Sales & Trading, and Research activities conducted by the Firm. Closely monitor status of the Firm's Investment Banking including Capital Markets projects and maintain Watch List and Restricted List and related matters.

Provide advice and interpretation of Morgan Stanley's policies and regulatory requirements, particularly relating to Restricted List, communications between Research and Investment Banking, Employee Trading, and working with internal and external lawyers, providing advice on Takeover Code, US, UK and other laws and regulations.

• Participate in regional and global system and IT development projects aimed at enhancing the Control Group's surveillance program.
• Participate in audits and Annual Compliance Review as required.
• Update existing procedures and develop new policies on an ongoing basis.
• Assist in the enhancement of existing processes and work to develop new controls for oversight of Control Group processes.
• Provide supervisory review for sensitive research and act as a control check on other work items.
• Participate in training to business units.
• Liaise with business risk management teams and others in global compliance teams as required.