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

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

Glasgow, United Kingdom
Job

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 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, 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.

• 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 internal policies, such as the Firm’s M&A Research Policy.
• Chaperoning and gate‑keeping 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.

• Information Barriers/Conflict Management – Ensure compliance with procedures designed to prevent conflicts of interest between Investment Banking and Sales & Trading, and Research activities conducted by the Firm.
• Advice and Interpretation – 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.
• Other – Participate in regional and global system and IT development projects, audits and annual compliance reviews, update procedures and develop new policies, assist in system enhancements, provide supervisory review for sensitive research, participate in training, liaise with risk management teams and global compliance teams.
• Hours of Control Group Coverage – Provide coverage from EMEA based staff from 7 am to 7 pm, including minimum critical weekend coverage.

• Typically, 5+ years’ relevant experience.
• University graduate or equivalent degree (business, accounting or law ideally).
• Familiarity with general UK and US compliance issues and relevant laws and regulations, e.g. US Securities Act and the UK Financial Services Act.
• Solid working knowledge of relevant product areas and main regulatory areas of focus for the Control Group.
• Professionally mature and articulate; good analytical, numerical and communication skills.
• Ability to remain focused under pressure, set priorities and perform multiple tasks simultaneously.
• Able to develop strong relations with business units and to supervise other staff.
• Experience of identifying, evaluating and implementing improvements that increase the performance of the Control Group or improve risk management.

We are committed to maintaining first‑class service and high standard of excellence. Our values guide the decisions we make every day to do what’s best for our clients, communities and employees. We offer attractive benefits and perks and ample opportunities for career mobility.

If this role is deemed a Certified role, the holder may require mandatory regulatory qualifications or other internal benchmarks.

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible arrangements. Speak to our recruitment team to find out more.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive inclusive environment where all individuals maximize their full potential.