• Regulatory Testing Compliance Professional Jobs in United States Of America

  • Morgan Stanley Pvt Ltd
  • United States Of America, Usa

Job Description:

Regulatory Testing Compliance Professional

Job Number 3135200

Primary Location Americas-United States of America-Maryland-Baltimore

Job Compliance

Employment Type Full Time

Job Level Director


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 Firms 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

Position Description

Professionals within Bank Compliance Testing Team perform targeted bank regulatory and internal control tests in accordance with standard second line Compliance testing practices They preserve the firms invaluable reputation for integrity and protect the firm from potential sanctions on policies, procedures and practices in order to meet regulatory requirements

Primary Responsibilities

Perform compliance testing with applicable federal banking rules and regulations as well as bank policies and procedures covering banking products

Escalate and work to close any issues identified

Communicate testing results, present identified issues to the business, work with the business to develop and implement a plan of corrective action, and prepare written reports

Track of the status of the corrective action plans agreed upon with the business

Maintain detailed and organized documentation of work product

Coordinate with other professionals in the organization, including compliance advisory teams, Global Compliance Monitoring and Testing Group and Internal Audit

Remain current on industry rules, regulations, and best practices to help ensure that the testing program meets regulatory standards

Work on special projects and targeted reviews

Document testing results using the workpaper documentation system

Prepare well written reports

Complete reviews on time


Bachelors Degree

JD, CPA, MBA and/or CRCM certification preferred

3-7 years of compliance and/or regulatory experience, with knowledge of the financial service industry, regulatory requirements, and experience in analyzing business risk and best practices

Experience with Office of the Comptroller (OCC), the Consumer Finance Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), and the Federal Reserve Board (FRB) regulations, and bank safety and soundness guidance provided by the Federal Financial Institutions Examination Council (FFIEC) and the federal banking authorities (OCC, CFPB, FDIC, or FRB) including consumer laws and regulations and/or Transactions with Affiliates (Regulation W) Experience with mortgage origination and servicing, retail, and institutional lending businesses

Previous experience with a bank government agency (eg, OCC, FRB, CFPB, or FDIC) or in a regulatory, compliance, or internal audit capacity within the banking industry

Highly developed investigative skills inquiry and analysis, interviewing, testing, organization and presentation (both written and verbal)

Ability to handle a fast paced environment with minimum supervision and successfully meet established deadline requirements

Excellent communication (oral and written), interpersonal and PC skills

Familiarity with workpaper automation a plus (OpenPages)

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Financial Services/Stockbroking
Functional Area : Banks/Insurance/Financial Services
Role : Banking -General
Salary : As per Industry Standards
Deadline : 20th Feb 2020

Key Skills:

Company Profile:

Morgan Stanley Pvt Ltdarfix

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