Associate - Refresh (Operations)

About Morgan Stanley

Since its founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management, and wealth management services.

The Risk Analytics team in Mumbai is part of the Market Risk Analytics and Scenario Analytics teams of the firm. The Market Risk Analytics team is a methodology team responsible for developing, enhancing, and periodically updating risk models for the firm’s portfolios for the Market Risk department.

Your role

As the Remediation Process Associates, you are expected to stay current with all regulatory changes, internal policies, and requirements around client KYC, Suitability and Documentation.

Responsibilities

• Able to escalate appropriately any risks identified during the documentation review process.
• Partnering with the internal downstream functions, Compliance, and stakeholders to collect required documents and associated information to meet all regulatory and internal policies & procedures.
• Act as a subject matter expert on required AML/ KYC documents and processes.
• Preparing the MIS & share daily updates with the business.
• Serve as point of contact for KYC and reporting issues for designated clients & downstream functions.
• Discuss and escalate with Compliance complex issues surrounding client types and structures, financial products and services, and other AML risk-related issues.
• Act as an escalation point for client issues & internal teams, troubleshoot cases and collaborate on solutions.
• Represent the team at Working Groups and Steering Committee meetings, providing progress updates.

Training, Development & Rotations

The MSFS Internship Program has been designed to develop highly motivated professionals by providing a stimulating and supportive environment to understand the business and achieve maximum potential.  On joining, you will go through a training program that covers business process and systems training.

Summer Associates spend eight-ten weeks working on live projects, understanding the business workings and how Investor Services supports Morgan Stanley and its businesses.

Salary & Benefits

The annual salary for this role can range from INR 7.0 Lakhs to INR 8.0 Lakhs (Source: Glassdoor).  They provide the following benefits

• Health Care & Insurance
• Life Insurance
• Vacation & Paid Time Off
• Maternity & Paternity Leave
• Work From Home options 
• Student loan refinancing for you, your family, and your friends
• Cash management, securities-based loans, and home financing solutions with options for each stage of your life

Career Progression

A wealth of opportunities for career mobility and a culture that encourages employees to take on new challenges make Morgan Stanley India a hub for professional growth.

Morgan Stanley values and embraces uniqueness and individuality, and its commitment to diversity permeates all levels of the organisation. By fostering an open and inclusive corporate culture, its employees can achieve their professional goals. Here, they focus on enhancing the careers of their employees by offering a variety of educational and professional development programs.

• Diversity Training
• Leadership Program 
• Project Career development program
• Project Impact leadership program

Work-Life Balance

They have a good and inclusive work culture where they hugely invest in their employees’ learning and development training. It provides flexible work hours with work-from-home options. The company operates five days a week with an average of 55 working hours.

Culture & Vibe  

Morgan Stanley offers a dynamic and multifaceted environment that requires individuals to work closely with colleagues across various functions and the Business Unit in onshore regions. You will get to work with extremely talented peers in a meritocratic team-oriented culture.

How to Apply

Just click on the Apply on employer site button to apply for this role. It will navigate to the career section where the application can be submitted.