Compliance ?????" Bank Coverage, Vice President (Hong Kong)
September 28, 2021
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 over 40 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 ethos. 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
Professionals within Legal and Compliance provide a wide range of services to our business units. They might help to structure a complex and sensitive cross-border transaction; advise on a new product introduction; develop a training program or defuse an investor dispute. They preserve the firm???s invaluable reputation for integrity and protect the firm from sanctions with policies and procedures that meet regulatory requirements around the world. They also strive to maintain cooperative relationships with governmental policy makers and the regulatory and self-regulatory agencies that govern the firm???s businesses.
Morgan Stanley Bank Asia Limited (MSBAL) is a full licensed bank incorporated in Hong Kong and has a branch in Singapore. The principal activities of MSBAL is to engage in Private Wealth Management (PWM) business which focuses on servicing the investment needs of ultra-high net worth individuals in the region.
Based in Hong Kong, the successful candidate will report to the Head of Compliance of MSBAL (who is also the Head of PWM Asia Compliance) located in Hong Kong. The role is responsible for managing the Firm???s regulatory risk and helping to preserve the Firm???s franchise through ensuring business and infrastructure units??? compliance with relevant laws, regulations, guidance and internal policies and procedures in the region.
-Provide advisory and support on banking compliance matters including but not limited to outsourcing, incident management, governance and risk management, conduct risk, credit and treasury related mattes -Work closely with management and infrastructure on new business proposals -Develop policies, procedures, standards and industry best practices, and monitor compliance with these policies and procedures -Work with relevant parties to analyze the potential impact of regulatory trends and developments to ensure compliance with any new regulatory changes with respect to matters related to banking - Maintain Compliance documentation including business unit manuals, Compliance Notices, rules databases, risk assessments and Compliance plans -Handle internal, external and regulatory inspections, audits, surveys, reporting and reviews -Deal with ad-hoc regulatory inquiries -Liaise with local regulators on compliance and prudential matters -Provide training to both professionals and support staff of the Business and Infrastructure Units
-Provide training to both professionals and support staff of the Business and Infrastructure Units