Market Regulations - Associate - Risk, Regulatory & Resilience Job in Bengaluru at Morgan Stanley

Morgan Stanley is hiring for the role of Market Regulations - Associate - Risk, Regulatory & Resilience!

Responsibilities of the Candidate:

• Strong understanding of market regulations front to back to be able to conduct remediation's and clearing backlogs as a result of corporate actions, change in regulatory requirements and change in workflow to name a few.
• Strong knowledge of market regulations like European Market Infrastructure regulations(EMIR) , Dodd Frank(DF) , Security based Swap Dealers(SBS) ,Markets in Financial Instruments Directive (MiFID) , Securities Financing Transactions Regulation(SFTR) , Financial Industry Regulatory Authority (FINRA 2111) , Qualified institutional buyer (QIB) ,Qualified Financial Contract Stay Protocol (QFC) , Unclear Margin Rules(UMR) , Sophisticated Municipal Market Professional certificates (SMMP) and Foreign Bank Certificate (FBC)
• Support the activities of the team pertaining to European regulations such as SFTR, EMIR, MiFID II and UMR, by ensuring clients are onboarded with the necessary regulation information and documentation.
• Review and strengthen regulatory controls, both tactical and strategic.
• Review and remediate clients on exceptions reports.
• Respond to queries on regulations and client reference data.
• Review live trades that are non-complaint to mandatory clearing (EMIR, DF, etc.), UMR documentation and venue execution (SEF/ MiFID II) mandates.
• Handle volume spikes and prioritise work including ad-hoc requests and projects to meet business demands in a timely manner
• Develop SME knowledge on regulations covered by the tea, and work to improve controls and quality in processes and systems.

Requirements:

• Minimum 2 to 8 years of work experience
• Experiences in client classification, clearing obligations, US person status, Cross border representation and protocol 1 and 2 of Dodd frank, EMIR agreements, Portfolio reconciliation and compressions, margin rules, ISDA and cross regional compliance. Experience with Markit is a plus.
• Strong attention to details and research/investigative skills.
• Ability to interact effectively with Business Units, Compliance, global colleagues and build effective working relationships.
• Ability to work independently and meet the business deadlines with accuracy, handle trouble shooting to mitigate risks
• Quick learning ability to understand policies, procedures, systems, processes and control
• Minimum Bachelors' Degree