Fixed Income Compliance Officer, Vice President - Securitized Products and Rates

About the Role

Global Compliance is seeking a Vice President to provide advisory compliance support for the Securitized Products Sales & Trading, Origination and Lending, and the Rates Sales & Trading businesses. The candidate will advise on FINRA, CFTC, Federal Reserve, OCC, and SEC rules, regulations, and interpretive guidance, as well as applicable internal policies and procedures.

Department Overview

The Global Compliance Department manages a Firmwide Compliance Risk Management program, including Compliance risks that transcend business lines, legal entities, and jurisdictions of operation. The Fixed Income Division ("FID") Compliance Group provides a comprehensive advisory and control service to FID to monitor business activities for adherence to both Firm and regulatory requirements. FID is divided into three primary business areas: 1) Macro (including Interest Rates and FX); 2) Credit Complex (including Credit Corporates, Securitized Products, and Municipal Securities); and 3) Commodities. The FID Compliance Group provides advisory support to each business unit within FID. Since 1935, Morgan Stanley has been known as a global leader in financial services, always evolving and innovating to better serve clients and communities in more than 40 countries around the world.

Responsibilities

• Provide Compliance support for the Securitized Products Sales & Trading, Origination and Lending desks and the Rates Sales & Trading desks, as well as related support functions.
• Review and analyze complex situations and apply judgment to resolve issues in a timely manner with minimal supervision.
• Manage time effectively and initiate and manage projects.
• Communicate with business management, risk management, Sales & Trading, Origination and Lending desk personnel regularly, and address issues on a real-time basis.
• Actively monitor regulatory developments and trends, participate in industry forums to address new rule proposals, and take appropriate action to ensure the business unit understands and complies with new or amended regulations, including updates to desk policies and procedures and training.
• Assist other control functions in the maintenance of written supervisory procedures.
• Interact with operations and technology support to ensure trading technology and trading practices remain compliant with Firm policies and industry regulation.
• Assist in regulatory reviews, audits, and other examinations.
• Assist in developing policies, procedures, and training.

Requirements

• Minimum 7-10 years of fixed income compliance or legal experience.
• In-depth understanding of the Securitized Products suite, including agency and non-agency securities (ABS, RMBS, CMBS, CLO, CMO), swaps and security-based swaps, residential mortgage loan trading and securitization, commercial mortgage origination and securitization, and consumer loans.
• In-depth understanding of the Rates Products suite, including Treasury market practices, Treasury primary dealer auction activities, interest rate swaps, and futures.
• Detailed knowledge of broker-dealer regulatory compliance, including FINRA, CFTC, and SEC regulations.
• Excellent communication skills, with the confidence, credibility, and ability to work effectively within the organization, and to communicate and interact with both junior and senior business personnel.
• Strong organization skills with the ability to multitask and prioritize.

Qualifications

• J.D. (optional).
• Bachelor's Degree required.

Pay

Expected base pay rates for the role will be between $120,000 and $205,000 per year at the commencement of employment. Base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.