Morgan Stanley

Finance Regulatory Controller – Director (AVP)

Glasgow

Regulatory Controllers are responsible for ensuring that Morgan Stanley maintains adequate capital resources to meet the firm’s investment business commitments and to withstand the risks to which the business is subject, e.g. Market Risk and Counterparty Risk. Regulatory Controllers form part of the wider Financial Control Group. The Regulatory Controller team in Glasgow has responsibility for a series of regulatory capital processes and projects across Market Risk, Credit Risk, Own Funds and Leverage.

Given this broad remit, the team works closely with a wide range of clients and stakeholders globally, including the Credit Risk and Market Risk departments, Operations, Regulatory Policy, and various Business Units. This breadth of interaction provides an excellent opportunity to learn and interact with a range of businesses and products across the firm. The Regulatory Controller team in Glasgow is part of the Global Regulatory Controller function with colleagues in London, Frankfurt, New York, Budapest, and Mumbai.

We currently have an exciting opportunity within the Capital Initiatives team within Glasgow Reg Control. The successful candidate will drive forward multiple initiatives and project workstreams, for example ‘B3EG’ (the Basel Committee for Banking Supervision (BCBS) proposed finalisation of Basel 3 capital requirements), as well as other capital related initiatives, including the preparation and execution of data-related reviews, driving run the bank improvements and implementation within current capital systems and future state builds.

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?

• High focus on existing and upcoming Capital rules (e.g. B3EG), the accuracy and compliance of our capital calculations, and our ongoing governance and assurance agendas.
• Develop and maintain detailed project plans across B3EG working groups as required.
• Perform regulatory rule based self-assessments and facilitate implementation challenge sessions.
• Ensure all project documentation is complete, accurate and up-to-date.
• Collaborating across divisions to catalogue and document key interpretation and implementation decisions.
• Communicate project status, risks, and issues to key project stakeholders, including senior management.
• Working with Project and Technology teams to prioritise and implement new calculations, to enhance controls and improve existing processes.
• Support and enforce data governance framework as part of ongoing data initiatives (e.g.: Data Policy; BCBS 239)
• Act as a key contact for analysis associated with ad hoc regulatory data requests and assessments, ensuring timely and accurate delivery of information
• Provide leadership and direction around implementation of regulatory rule and reporting changes including infrastructure and operating model development

What we’re looking for:

• Experience of regulatory reporting (highly desirable), or experience of managing large scale projects.
• Work experience within large financial services firms or other directly relevant experience (commensurate with role being applied for).
• The ability to work effectively within a local and global team, as well as independently.
• Excellent communication and management skills.
• The flexibility required to work in a dynamic environment under tight deadlines.
• Proficiency in MS Office Applications
• Planning and organisation expertise working with virtual global teams
• Self-motivated personality with high standards for quality of work and accuracy

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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.

Certified Persons Regulatory Requirements:

If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement

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

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.