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Finance Outsourcing Governance & Control (FOGC) - MSS Governance - Director

Morgan Stanley
Glasgow, United Kingdom
Closing date
8 Aug 2024

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Finance Outsourcing Governance & Control (FOGC) - MSS Governance - Director



This position is part of the Finance Outsourcing Governance & Control (FOGC) function within the Finance

Division's Global Centralised Management organisation and is key to contributing to the execution the

Firm's Deployment and Outsourcing strategy. This Global Finance team works closely with many levels of Management to ensure all applicable global outsourcing regulations and documentation requirements are adhered to.

With increased regulatory focus and scrutiny around Outsourcing Governance, this role will tackle a diverse set of tasks that require key skills such as strong communication, documentation and attention to detail, critical thinking, data analytics, and excellent time management in order to meet tight regulatory deadlines and prioritise workload in a fast-paced and constantly evolving environment.

About Morgan Stanley:

Morgan 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.

What you will be doing?

• Manage the timely and accurate production of monthly and quarterly reporting of Finance's adherence to the Minimum Supervision Standards (MSS) framework

• Prepare materials for global senior stakeholders on effective supervision requirements and educate them on global jurisdictional expectation

• Provide management with updates on MSS issues identified and guidance on remedial actions required

• Track and report progress on closing MSS reported issue

• Understand and be able to articulate global regulatory requirements related to the MSS Framework over outsourced services and embed new regulations into the current proce

• Assisting with the development and testing of a strategic tooling project to automate current manual reporting, partnering with Finance Technology to develop comprehensive, long-term solution

• Manage and support reporting and control processes shared across a global production team

• Drive process and control enhancements to improve the effectiveness and efficiency of current reporting procedure

• Ensure all reporting and MSS Framework files are maintained in line with control procedures and are updated on a timely basis to ensure the completeness and accuracy of the population

• Partner with Global FOGC team to coordinate successful execution of ad-hoc internal and regulatory project

• Management and development of junior team member


What we're looking for:

• Effective communication skills - clear, concise, and proficient in articulating complex regulatory information to senior audience

• Strong analytical skills and critical thinking - understands how to break down a problem and apply a practical solution

• Interest in the regulatory requirements, governance, and control

• Excellent attention to detail - effective in identifying in errors in large data sets and applying due diligence in preparing reporting material

• Ability to manage workload efficiently and effectively under tight deadline

• Effective problem-solving skills demonstrating initiative and creativity

• Escalates issues/concerns appropriately and in a timely manner

• Strong technical skills - Proficient in Excel including pivot tables, formulae and data manipulation, PowerPoint, Word, SharePoint, Tableau, and Power BI

What we will offer:

• Work in the Finance department of one of the world's top tier Financial Institutions and a first-hand insight into our busine

• A desirable compensation and benefits package including eligibility for an annual bonu

• Professional development opportunities including access to Morgan Stanley's world-class internal training program

• Developing challenges that provide opportunity for constant learning for both personal and professional advancement

• A supportive and inclusive environment, we value individual differences and leverage them to enrich our work environment and culture

• A balance between personal and professional lifestyles, including flexible working opportunities such as work from home arrangement

• High specification office space with leading technologies, collaborative working spaces and wellbeing facilities including an onsite fitness suite

Certified Persons Regulatory Requirements:

This role is deemed as a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Where will you be working?

Located in Glasgow's dynamic International Financial Services District, our office has an open, diverse, thriving company culture. In 2000, we founded our Glasgow office with just six employees. Since then, our office has grown to more than 2,000 people in our Glasgow office. We have an open, inclusive culture that empowers employees to reach their individual and professional goals. We encourage everyone who works here to think like owners and take pride in our worldwide reputation.

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.

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