FID Business Control Unit Associate

Morgan Stanley

  • Paris
  • CDI
  • Temps-plein
  • Il y a 21 jours
FID Business Control Unit – Associate (Paris)Department Profile:The Fixed Income Division is comprised of Interest Rate and Currency Products, Credit Products and Distribution. Professionals in the Division assess and actively manages risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets. The Commodities Division is a market leader across a broad range of commodities markets, with expertise in areas including client risk management, financing solutions and investor products Sales & TradingFrom the largest global institutions to innovative new hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instruments including stocks, bonds, derivatives, foreign exchange, and commodities. Our professionals provide liquidity and content to clients around the world, actively assessing and managing risk, trading securities, and planning and executing transactions in the fast-changing markets. As the needs of our clients become increasingly complex, we often develop customized solutions.About Morgan StanleyMorgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.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. We 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.Role & Team Overview:FID is looking for a VP role level expert to join the FID BCU (Business Unit Control) for Continental Europe. The role is based in Paris.The Business Control Unit (BCU) within the Fixed Income Division (FID) is the function that manages non-trading risk, including the Division’s non-financial risk (NFR). These NFRs include, but are not limited to, operational risk, compliance/conduct, regulatory & audit, sales/product governance, transactional risk. The BCU’s purpose is to engage in the identification, assessment, monitoring, reporting, and mitigation of such risks consistent with Firm guidelines with respect to the legal entities and jurisdictions in which FID operates. The role is expected to provide advice, decision-making and action with respect to certain transactions and other matters that have a relevant FID risk element. As a front office risk management team, FID BCU partners with our FID business stakeholders, the ISG Central Risk Team, as well as the infrastructure groups and second line control functions to establish and maintain an effective risk management program that is appropriately tailored to FID’s risk profile. The team has a global presence including in New York, London, Hong Kong, and Tokyo.What will you be doing?
  • The focus is on FID NFR in Europe, particularly Paris and Frankfurt FID sales and trading activities and European regulatory compliance.
  • Work with the Head of FID BCU team to identify risks, define controls, implement key non-financial risk metrics and assessing the effectiveness of the control environment.
  • Support and perform controls owned by first line of defense (Surveillance, Trader Mandates, Unauthorized trading controls)
  • Contribute to regular updates on the status of risk and controls.
  • Contribute to local process analysis and identify ways to improve quality, controls, and efficiency.
  • Work with FID local desk managers and 2 nd /3 rd line of defense partners to resolve risk-related issues.
  • Contribute to and co-ordinate cross-functional workstreams related to non-financial risks, as required
Skills that will help you in the role:· Strong stakeholder management skills.· Ability to work autonomously, apply critical thinking and result-oriented problem solving.· Ability to balance multiple priorities in a fast-changing environment.· A skilled and confident communicator, both written and verbal, with an ability to influence others at all levels.· Strong attention to detail and organization skills.· Professionalism, sensitivity, sound judgment and discretion.Qualifications required:· Experience in the financial industry either in a business unit (sales, trading, etc.) or 2nd Line regulatory, compliance or other risk management functions. This may include experience in a business unit (e.g. COO, trader, etc.).· Previous Fixed Income and controls experience are a strong plus.· Bachelor’s degree required.· English Fluent. German/French is a strong plus.Flexible work statement:Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.Internal Applicants:Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal by clicking here .Equal opportunities statement: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. #LI-KF1WHAT 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 what's 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.Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.Flexible work statement
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.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.

Morgan Stanley