ISG Trade Surveillance, Associate, Oversight, Monitoring and Testing

Overview

Associate role in the ISG Trade Surveillance team within Morgan Stanley's India LCD GC in Mumbai, performing independent monitoring and oversight of compliance reports that look for breaches of internal policies and regulatory requirements by Firm traders and institutional clients.

What you'll do

• Review and analyze trade surveillance reports across equities, derivatives, fixed income and commodities to escalate any regulatory or policy breach identified.
• Liaise with Compliance colleagues, Operations and front office staff to investigate surveillance alerts as necessary.
• Resolve escalated alerts appropriately and promptly, document results clearly and escalate possible exceptions as appropriate.
• Assist in identifying coverage gaps and quality issues to help improve program effectiveness.
• Support tuning and optimization efforts to help create efficiencies.
• Create and present Management Information Packs on a periodic basis.
• Assist with the design and deployment of new controls, and the enhancement and calibration of existing controls.
• Assist in the delivery of surveillance related projects or initiatives.
• Support and provide input into related surveillance programs, including the ongoing creation of global surveillance metrics, KRIs and KPIs.
• Support regulatory inquiries, regulatory inspections and internal audits by providing requested data and addressing respective queries.
• Work with IT and/or vendors in enhancing or developing new tools; participate in testing and requirement drafting of new models and reports.

What you'll need

• 4-6 years of relevant working experience in the financial services industry in Compliance or internal audit, or with a securities exchange or securities regulator.
• Excellent knowledge of financial instruments and the correlation of these instruments to assess cross-product risks and manipulations.
• Knowledge of global markets and market regulations.
• Understanding and knowledge of trading mechanisms across different financial instruments and markets.
• Knowledge of trade booking and settlements.
• Knowledge of trading strategies, algorithms and trading terminologies.
• Knowledge of market data vendors (e.g. Bloomberg, Reuters Eikon).
• Excellent communication skills: able to communicate complex scenarios and concepts clearly, concisely and effectively, verbally and in writing, to stakeholders at all levels.
• Strong analytical skills; experience handling, analyzing and presenting large data sets to identify exceptions or anomalies.
• Ability to work with cross-functional and cross-regional teams spanning Compliance and Technology.
• Strong analytical skills and attention to detail.
• Knowledge or use of analytical tools like Tableau or SQL to query large data sets.

Nice to have

• Relevant experience in Trade Surveillance.
• Understanding of new technologies such as Machine Learning and AI.

Details

• Location: Mumbai, India.
• Employment type: Full Time.
• Coverage Monday to Friday, 1:30PM to 10:30PM India time, with flexibility on standard working hours for time-sensitive matters (including India Public Holidays).