Legal and Compliance Division Overview
Professionals within the Legal and Compliance Division provide a wide range of services to our business units. They might help to structure a complex and sensitive cross-border transaction; advise on regulatory issues; develop a training program or defuse an investor dispute. They preserve the firm's invaluable reputation for integrity and protect the firm from sanctions with policies and procedures that are designed to meet regulatory requirements around the world. They also strive to maintain cooperative relationships with governmental policy makers and the regulatory and self-regulatory agencies that govern the firm's businesses.
MSIM CRM Overview and Background on the Position
Morgan Stanley Investment Management (MSIM) is a leading asset manager across public and private markets, focused on high conviction active management. MSIM, together with its investment advisory affiliates, has more than 1,248 investment professionals around the world and $1.4 trillion in assets under management or supervision as of June 30, 2022.
Calvert Research and Management, part of MSIM, is a leader in responsible investing and offers a full range of responsible investing solutions for individuals, advisors and institutions seeking competitive returns and positive impact. The Calvert Compliance team supports all aspects of the investment management business, including providing advisory support to portfolio and index construction managers, traders, and research and engagement analysts with respect to adherence with client, internal and regulatory guidelines and restrictions. We are now seeking an experienced senior compliance officer who will work closely with the CCO and other senior compliance professionals to execute and enhance the compliance program, and aid the business to comply with applicable guidance, laws, regulations, and Firm policies and procedures. Among other internal stakeholders, this individual will work closely with portfolio and index construction managers, traders, operations teams, analysts and colleagues in the Legal and Compliance Division across all lines of business and regions globally.
The role will be based in Washington, DC and report to the Calvert Chief Compliance Officer.
Key Responsibilities
-Assist the CCO in maintaining a 206(4)-7 compliance program appropriate to Calvert and reflective of industry best practices and regulatory requirements/expectations
-Provide compliance advisory coverage to business personnel and support functions in a fast-paced and dynamic environment
-Support the CCO by leading major projects and drive enhancements for the compliance group
-Assess the impact of regulatory developments, support regulatory change management efforts, and providing regulatory updates to the business
-Maintain a thorough and up-to-date understanding of applicable adviser regulations and rule proposals impacting relevant business activities
-Draft and update policies and procedures
-Draft/ review regulatory filings, including Form ADV
-Prepare and deliver compliance training
-Conduct monitoring activities as part of second line oversight of the business' compliance with guidance, regulation, policies and procedures, and investment guidelines
-Review and evaluate new product proposals
-Complete client requests, i.e., certification, questionnaires and other information requests
-Present in due diligence meetings with clients and/or prospective clients
-Review investment management agreements to identify and interpret investment guidelines
-Perform advisory support in connection with compliance monitoring and testing activities as part of second line oversight of the Firm's compliance with applicable regulation, and policies and procedures.
-Supporting compliance program matters and projects
-Strong academic background (J.D. degree, MBA, or other advanced degree strongly preferred)
-At least 10 years' prior compliance, legal or other work experience with a financial institution, such as a registered investment adviser or investment company and/or at a law firm or regulator
-Excellent knowledge of financial products and services; prior ESG/sustainability experience a major plus.
-Sound knowledge of applicable securities laws, including Investment Advisers Act and Investment Company Act
-Good business judgment
-Intellectually curious, not afraid to challenge status quo, suggest and execute new ideas or alternative approaches
-Exceptional analytical and problem-solving skills
-Strong communication skills, both written and verbal
-Demonstrated leadership skills; ability to work effectively in a team-oriented environment, as well as independently; strong relationship building skills
-Well-developed organizational skills to manage time sensitive issues, prioritize effectively, and deliver results
-Detail and execution oriented, with ability to maintain a high standard of accuracy while managing various tasks simultaneously
-Self-starter with ability to work well independently and in a team environment, work well under pressure and deadlines, while managing multiple projects
-Strong service orientation and ability to communicate with and establish and maintain effective working relationships with peers, senior management, a wide array of associates, clients, Board members, external legal counsel, and other service providers
-Computer literacy - working knowledge of Windows-based applications such as Word, Excel and PowerPoint
-Occasional travel to affiliate offices
Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.
It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).