Intermediary Governance - Associate - Investment Management

About The Firm

Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in 42 countries, the firm’s employees serve clients worldwide including corporations, governments, institutions and individuals. For further information about Morgan Stanley, please visit www.morganstanley.com.

About The Division

Morgan Stanley Investment Management (MSIM), together with its investment advisory affiliates, has over $1.5 trillion in assets under management or supervision. With over 40 years of global investment experience, MSIM strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide. MSIM offers its clients the personalized attention and service of a boutique, the intelligence and creativity of some of the brightest professionals in the industry and the global resources of Morgan Stanley. We show unwavering commitment to investment excellence, diversity of perspective, and differentiated values. We have distinctive and highly complementary strengths in investment management and distribution.

About The Role

The Intermediary Governance / Due Diligence team is positioned within the distribution (sales and marketing) division and is responsible for the governance of Financial Intermediaries investing into MSIM’s investment funds. This role is focused on performing due diligence including Financial Crimes and Distribution Channel checks on Financial Intermediaries such as Wealth Managers and Fund Platforms before or during their investment into MSIM’s investment funds. The successful candidate is required to work with the broader team, to support them in running checks and assessment against specified criteria for certain existing financial intermediaries. The findings will be included in a summary document that will be approved by relevant functions.

Key Responsibilities

Performing periodic intermediary due diligence reviews:

• Conducting checks and reviews in accordance with a set framework
• Escalating screening results or other considerations on the intermediaries and related parties
• Liaising with the broader team on the findings and with other teams as required
• Creating and obtaining approval of Due Diligence Summaries
• Supporting ongoing due diligence reporting
  
  

After a Period Of Training, The Successful Candidate Will Ultimately Be Expected To Perform All The Steps Below When Conducting Due Diligence Of An Intermediary

• Check proof of regulation
• Check for associated AUM and discuss approach with Sales if none
• Requesting required information from the third party vendor or Sales
• Reviewing materials received and reverting via the vendor or Sales if further clarification required
• Reviewing screening alerts and proposed escalations
• Escalation to the relevant teams on any additional information required
• Write a due diligence summary of the review
• Submit for sign-off
• Maintain the tracker
  
  

Qualifications, Skills & Requirements

This role will suit someone who has good verbal and written communication skills, pays close attention to detail, is organized and who has a ‘can do’ approach regarding the tasks asked of them.

• Methodical, logical approach with good attention to detail
• Excellent communication skills and ability to present information in an easily understandable format
• Self-motivated and have the ability to work independently or as part of a team
• Able to manage weekly targets and prioritise workload
• Confident with MS Excel and Word
• Experience in client services, financial crimes, risk management or similar operations roles is preferred
  
  

What You Can Expect From Morgan Stanley

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do whats best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.

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