Director, Compliance

Morgan Stanley•Baltimore, MD

1d•$109,000 - $125,000•Hybrid

About The Position

Morgan Stanley Services Group Inc. seeks a Director, Compliance in Baltimore, Maryland to provide compliance coverage to the broker dealers on a range of processes, key initiatives, and regulatory matters relating to carrying out business. Provide advisory coverage regarding laws, regulations, regulatory guidance, and internal policies and procedures with respect to registration requirements; individual, branch, and corporate licensing; disclosure reporting on Form U4, U5, 8-R, and 8-T; OBI activity, training, regulatory filings, and regulatory inquiries; and regulatory developments. Support all aspects of the registration and licensing process to ensure that the regulatory requirements for the Firm and its registered employees are compliant. Maintain registration records and procedures. Assist with the review and interpretation of disclosure records for current and prospective employees. Ensure licensing requirements for all registered employees have been satisfied. Notify the business of new regulatory developments and rules; interpret new and existing rules; implement adequate processes to ensure compliance. Coordinate escalations from the department’s offshore team and act as a liaison. Telecommuting permitted up to two (2) days per week.

Requirements

Requires a Bachelor’s in in Accounting, Finance, or a closely related field. Employer will accept 3-year or 4-year foreign Bachelor’s degree.
Requires five (5) years of experience in the position offered or five (5) years as a Director, Manager, Associate, Officer, Administrator, Compliance, or a closely related occupation
Requires five (5) years of experience with the following skills: Applying expertise in regulatory requirements for individual and branch registration; Ensuring adherence to SEC, FINRA, and state regulations; Filing and reviewing Forms U4, U5, BR and 8R; Reviewing and reporting OBA’s per FINRA rule 3270; Assisting in regulatory inquiries, document requests, and audit responses; Reviewing, identifying, and investigating criminal, financial, and employment matters for compliance reporting and vetting; Managing registrations and filings in FINRA CRD and NFA ORS; Monitoring new regulatory developments, particularly those affecting securities licensing and registration; Drafting and maintaining compliance policies related to securities registration; Applying knowledge of individual and firm-level registration requirements across 53 distinct jurisdictions; and Ensuring proper documentation and retention of securities registration and licensing records.

Responsibilities

Provide advisory coverage regarding laws, regulations, regulatory guidance, and internal policies and procedures with respect to registration requirements; individual, branch, and corporate licensing; disclosure reporting on Form U4, U5, 8-R, and 8-T; OBI activity, training, regulatory filings, and regulatory inquiries; and regulatory developments.
Support all aspects of the registration and licensing process to ensure that the regulatory requirements for the Firm and its registered employees are compliant.
Maintain registration records and procedures.
Assist with the review and interpretation of disclosure records for current and prospective employees.
Ensure licensing requirements for all registered employees have been satisfied.
Notify the business of new regulatory developments and rules; interpret new and existing rules; implement adequate processes to ensure compliance.
Coordinate escalations from the department’s offshore team and act as a liaison.

Benefits

Medical
Prescription Drug
Dental
Vision
Health Savings Account
Dependent Day Care Savings Account
Life Insurance
Disability and Other Insurance Plans
Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually)
10 Paid Holidays
401(k)
Short/Long Term Disability