Surveillance Officer - Vice President

Surveillance Officer - Vice President

Job Number:

3222002

POSTING DATE: Jan 20, 2023 PRIMARY LOCATION: Europe, Middle East, Africa-United Kingdom-United Kingdom-Glasgow EDUCATION LEVEL: Bachelor's Degree JOB: Compliance EMPLOYMENT TYPE: Full Time JOB LEVEL: Vice President

DESCRIPTION

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 The EMEA Legal and Compliance Department is charged with day-to-day oversight and coordination of the Firm’s compliance with core regulatory requirements covering all businesses including Institutional Sales and Trading (fixed income, commodities and equities), Investment Banking, Global Capital Markets, Research and Investment Management across the EMEA region.

Team Profile

Reporting to the Head of EMEA Institutional Securities Trade Surveillance, the successful candidate will be the key trade surveillance contact in Glasgow and will be expected to build strong relationships with the rest of the EMEA Surveillance team, based in London and Mumbai. Other related functions/teams currently represented in Glasgow include Regulatory Enquiries, Compliance Testing and Global Financial Crimes.

Depending on the skills and experience of the successful candidate, role responsibilities may include:

Overseeing or conducting the daily surveillance of equities, derivatives, fixed income and commodities trading to monitor for compliance with regulatory and exchange requirements.
Liaising with Compliance colleagues, Operations and front office staff to investigate surveillance alerts as necessary.

Resolving escalated alerts appropriately and promptly, documenting results clearly and escalating possible exceptions as appropriate.

Monitoring the efficiency and effectiveness of reports where the daily output is managed by Morgan Stanley staff located offshore.

Conducting ad hoc trading reviews to support Legal and Compliance colleagues, including detailed incident reviews as necessary, reporting STORs to the UK FCA or other competent authorities as required.

Assisting with the design and deployment of new controls, in addition to the enhancement and calibration of existing controls.

Assisting in the delivery of surveillance related projects or initiatives.

Maintaining effective and constructive working relationships with staff located in other regions across a range of levels, building relationships with internal clients and collaborating with colleagues across EMEA and in global surveillance teams to deliver the annual surveillance program.
Working with key stakeholders (e.g. Sales & Trading Coverage, Business Unit Risk Management, Technology, third party vendors) to identify, design and implement enhancements to the surveillance program.

Assisting in the production and enhancement of MI reporting.
Providing expert advice to the Regulatory Enquiries and business-line Compliance teams on surveillance matters, including trading behaviour, exchange functionality, market dynamics, suspicious behaviours, etc.

QUALIFICATIONS

Skills required Detailed knowledge of relevant: (i) rules and regulations; and/or (ii) products and market infrastructure.
Excellent communication skills: able to communicate complex scenarios and concepts clearly, concisely and effectively, both verbally and in writing, to stakeholders across all levels.
Strong analytical skills; experience of handling, analysing and presenting large data sets to identify exceptions or anomalies.
Proven experience of analysing control logic or thresholds to assess effectiveness and identify possible enhancements.
Bright, organised and well-developed execution skills; capable of managing competing deadlines and prioritising a varied workload.
Confidence to use own initiative and apply judgment in an in-house context.
Proven ability to develop rapport and promote effective 2-way communication with colleagues in global offices, fostering trust and an environment which supports development and constructive feedback.
Adaptable and willingness to assist and support colleagues, promoting the overall success of the EMEA surveillance program.
Enthusiasm and aspiration to learn and develop.
Experience using third party trade surveillance tools (e.g. Nasdaq Trade Surveillance, Actimize) and market data vendors (e.g. Bloomberg, Reuters Eikon).
Use of Tableau/SQL to query large data sets.
Experience of Fixed Income, Commodities or Currency (FICC) markets.
Degree (or overseas equivalent).