Risk Control Group (RCG) Analyst

Morgan Stanley

Posting Date

Aug 5, 2022

Primary Location

Non-Japan Asia-Hong Kong-Hong Kong-Hong Kong

Job

Investment Banking/Sales/Trading/Research Full Time Associate

Description

The Risk Control Group (RCG) provides oversight of regulatory and firm requirements for supervision, Surveillance, entitlements, information security and supplier risk programs by performing in-depth assessments and implementing consistent programmatic coverage globally for Fixed Income, Commodities, Bank Resource Management and Institutional Equity. The team seeks to ensure front-office compliance with all applicable rules and regulations governing the firm, as well as adherence to internal standards, controls and policies. RCG members are part of the S&T Non-Market Risk structure.

The RCG team fulfills a front office advisory role as the first line of defense. The scope includes escalation, oversight, project execution, control ownership and is the default owner for many division-wide audit and regulatory issues. RCG employees act as a delegate for supervisors and other business owners. RCG is looking for an analyst to support projects and day-to-day tasks as applicable. 

Key Roles and Responsibilities

  • Servicing the Sales and traders to apply the risk control framework.
  • Reviewing surveillance reports/system and following escalation procedures.
  • Review of system entitlements and analyzing appropriate access.
  • Providing local support and oversight of outsourced processes and ensuring data accuracy for population management.
  • Manage escalations on Non-Market Abuse (NMA) trade surveillance.
  • Ability to build strong relationships with Business, Compliance and Technology stakeholders across the region to drive continuous improvement on Risk governance.
  • Promote risk education and awareness and provide management summaries as appropriate
  • Engaging with Sales and Trading contacts and other stakeholders to build awareness of RCG’s continued focus on proactive and effective surveillance and supervision.

Qualifications

  • Risk Management, Compliance or IT Professional with 3+ years of experience in managing risk on areas such as equity surveillance, operational risk, information Security or similar. 
  • Excellent verbal and written skills with ability to create quality written procedures that are clear and comprehensive.
  • Strong analytic and problem solving/process improvement skills; ability to learn quickly and solve poorly defined problems
  • Very strong Excel skills; coding capabilities (Macro’s, VBA etc.) is advantageous.
  • Outstanding interpersonal skills with the ability to work effectively with all levels of the organization with excellent influencing and negotiation skills.
  • Knowledge of Software development lifecycle and change management either through IT project management or developer/quality assurance experience.
  • Strong organizational skills and an ability to manage multiple demands and changing priorities.

Skills Desired

  • Knowledge of Sales and Trading products such as Cash, SWAPs, Derivatives and Bonds is advantageous
  • Additional language advantageous e.g. Japanese
  • General interest/awareness of regulations and the banking governing bodies.
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Confirmed 9 hours ago. Posted 4 days ago.

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