Job Description

Associate - LCD Operations (Legal and Compliance)



Job Number: 3244717
POSTING DATE: Nov 28, 2023
PRIMARY LOCATION: Non-Japan Asia-India-Maharashtra-Mumbai (MSA)
EDUCATION LEVEL: Bachelor\'s Degree
JOB: Other
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Associate


DESCRIPTION

Vendor Management and Information Security
Division: Legal & Compliance
Location: Mumbai (NKP)
Job Level: Associate

Company Profile

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm\'s employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries.

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. Morgan Stanley 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.

Department Profile

Legal and Compliance

Legal & Compliance Division (LCD) comprises of Legal, Compliance, Global Financial Crimes and Regulatory Relations.
The Legal Department provides guidance, requirements, and procedures for understanding and complying with the laws, regulations and Firm policies that apply to our businesses.
The Global Compliance Department identifies applicable Compliance Obligations and maintains a Firmwide Compliance Risk management program, including Compliance Risks that transcend business lines, legal entities and jurisdictions of operation.
Global Financial Crimes is responsible for the development and governance of the Firm\'s financial crime prevention efforts across all regions and business units. Global Financial Crimes is comprised of the Anti-Money Laundering (AML), Sanctions, Anti-boycott, Anti-Corruption (ACG), Government, and Political Activities Compliance (GPAC) programs.
The Global Regulatory Relations Group (GRRG) is responsible for strategic and centralized management of the supervisory activities of Morgan Stanley\'s regulators and related developments globally, with a focus on regulatory reviews and examinations and continuous monitoring activities. GRRG serves as the central point of contact for the regulatory staff responsible for supervisory activities at Morgan Stanley entities and for timely reporting to Firm management and other governance or management bodies, as appropriate, on those relationships and supervisory processes, including areas of significant regulatory focus or concern.

LCD Center of Excellence \xe2\x80\x94 Mumbai (LCD CoE) is a part of Morgan Stanley\'s Global In-house Center, which provides global support to LCD and is an integral part of Firm and LCD strategy

Background on the Team

LCD Operations is a centralized support function for Legal & Compliance division. This team supports risk teams of both ISG and WM for various Entitlement reviews across all functions within LCD. One of the core responsibilities of the team in Mumbai is to monitor transfer and periodic reviews and ensure they are completed on time for US, EMEA and APAC employees. Apart from Entitlements, team is also supporting administrative and operational activities for Outside Counsel Management, support their Information Security Assessment and Vendor On-boarding for law firms who provide us legal service and ensure their payments are processed in collaboration with Accounts Payable team, Financial Analysis and Reporting as well as Vendor Management Office functions and outsourcing engagements.



QUALIFICATIONS

Primary Responsibilities

Manage intake of LCD Vendor Management Office (VMO) requests including Task Orders, contingent placement, ad-hoc reviews and requests
Manage vendor management program for LCD as per Firm Third Party Program Management guidelines.
Support various risk management control implementation effort for law firms and vendors used by Morgan Stanley
Follow-up and guide law firms through the assessment process
Understand case closure findings and speak to law firms regarding the findings
Support various strategic projects and initiatives for the function
Provide status reporting regarding project milestones, deliverable, dependencies, risks and issues, communicating across leadership

Skills required (essential)

Bachelor\'s Degree
3-5 years of project management / operations experience on large / complex programs involving multiple functions
Excellent verbal and written communication skills and the ability to interact with senior managers as well as subject matter experts
Quick learner about new business and functional topics
Resourcefulness in terms of obtaining / sourcing information
Attention to detail

Skills desired

Knowledge of global markets / market regulations
Understanding of Information Security standards

Coverage

Monday to Friday from 11:30 AM to 8:30 PM. Coverage is dependent on business needs so flexibility on required finish time or full day\'s coverage may be required during some Indian holidays.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise 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.