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
One of the largest divisions in the Firm, Operations is the first line of defence for Morgan Stanley’s financial and reputational well-being and essential in delivering value to our clients. Operations is responsible for correctly settling and recording millions of transactions per day, identifying and mitigating operational risk, developing strong client relationships and partnering with technology to realize the full potential of IT and Automation. Operations has a world-class team of innovative and dedicated professionals, with a unique vantage point in the Firm interacting with all parts of the business, front to back. The Operations Senior Management team are passionate about our people development and providing best in class employee opportunities through an inclusive, forward-looking environment defined by open communication, collaboration, learning, and proactive career management
What You’ll Do In The Role
We are looking for an Associate to join our CRS team in Bangalore. This position will support the Firm’s Equities, Fixed Income, Investment Banking, Investment Management businesses in EMEA region. Responsibilities will include :
Perform Client Due Diligence review in support of the Firm?s new client onboarding and existing client regular review in accordance with the applicable regulatory program requirements (such as UK, Germany, Dubai, US, Hong Kong, Singapore KYC requirements and applicable eligibility standards)
Update Firm systems and databases with information and documentation as obtained from clients
Handle inquiries and ad hoc requests from internal clients including Compliance where required
Actively engage with business, client onboarding teams, Compliance and Operations during the life cycle of the review starting from a request is received to completing a review.
Ability to handle volume spikes and prioritize work including ad-hoc requests and projects to meet business demands in a timely manner
Understand and implement in respond to changes such as regulatory changes, internal policy and procedural changes.
Participate in process improvement initiatives such as technology enhancements, operational process review, and process simplification.
Support Functional Managers in the performance of quality & control checks; include the performance of 4-eye checks, collection of error types and analysis of root causes to identify opportunities for improvements.
Support Functional Managers during internal audit, testing and external reviews by way of delivering process walk-through and preparing sample packs for auditors and testing team to review
Deliver with quality, accuracy and timeliness with at expected throughput rates
What You’ll Bring To The Role
Strong attention to detail and research/investigative skills
Ability to interact effectively with Business Units, Compliance, global colleagues (Hong Kong, Budapest, London, Tokyo, New York, Bangalore) and build effective working relationships
Ability to work independently and meet the business deadlines with accuracy, handle trouble shooting to mitigate risks
Multi-tasking to handle various business demands
Must have strong written and verbal English skills with ability to communicate clearly and effectively
Ability to manage pressure and stressful business demands
Team work, Collaboration, Responsiveness and demonstrate accountability & ownership
Quick learning ability to understand policies, procedures, systems, process and controls
Minimum 2 to 5 years? of work experience
Experiences in AML/KYC customer due diligence, control, and regulatory program related process and/or projects are preferred.
Knowledge of global KYC/CIP requirements (for UK, US, Germany, Hong Kong, Singapore etc.) supporting international institutional and wealth management businesses desired
Familiarity with India local KYC and ODI regulatory requirements is a plus
Minimum Bachelors Degree
What We Offer
International environment and future career opportunities within our division
Significant role in defining process quality metrics and outputs
Possibility to learn about the financial markets and global regulations
Participation in major, global projects related to regulatory changes which have been re-shaping the financial industry
Welcoming and inclusive environment, strong corporate values and work ethics
Extensive training offerings
Active social life, the possibility to join diverse employee networks
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 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. Our Firm is differentiated by the caliber of our diverse team, while our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.
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.
Posting Date
Jul 30, 2024
Primary Location
Non-Japan Asia-India-Karnataka-Bengaluru
Education Level
Bachelor’s Degree
Job
Other
Employment Type
Full Time
Job Level
Analyst