Swap Dealer and Security-Based Swap Dealer Compliance Officer, VP

Morgan Stanley
New York, USA
$110k - $190k
Nov 26, 2022
Dec 10, 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Morgan Stanley is seeking a Compliance Officer to join the Regulatory Reform Strategy group in its Global Compliance Department. The Regulatory Reform Strategy group is responsible for the implementation and management of the overall compliance program for the bank?s CFTC-regulated swap and SEC-regulated security-based swap business activities globally. On a day-to-day basis, the position supports the Head of Regulatory Reform Strategy and works closely with various businesses and control functions to help ensure that the bank appropriately addresses the regulatory risks relative to its swap and security-based swap business activities.

The principal responsibilities of this position include:
  • Recommending and implementing enhancements to the swap dealer compliance program and related policies/procedures to ensure that they are reasonably designed to achieve compliance with applicable requirements.
  • Assisting in developing a robust global compliance program for the bank's security-based swap dealers, including assisting the bank?s Chief Compliance Officers (CCOs) in satisfying their duties and responsibilities under new and pending SEC rules.
  • Assisting with annual gap analyses to identify and update impacted policies globally based on swap reform regulations, including CFTC, NFA, and SEC regulations.
  • Assisting with the development and implementation of policies/procedures to comply with international regulation applicable to the bank's swap activities in the U.S.
  • Works with regulators, regional Compliance coverage, internal and external subject matter experts, and business unit management to continue to enhance and implement consistent global standards for the Firm?s global Swap Dealer and Security-Based Swap Dealer Compliance framework.
  • Advises the business on regulatory developments and related control enhancements
  • Developing and maintaining reports for review by senior management analyzing compliance issues, conflicts of interest, or other matters including tracking status of issues disclosed in annual reports.
  • Working with business management and compliance surveillance, testing, and audit staff on the development of swap dealer controls and surveillance.
  • Working with compliance training staff on the development and coordination of initial and ongoing training for employees on requirements impacting the swap dealers.
  • Assisting with preparing the annual report for each swap dealer and any other required periodic reports or MIS that the CCO for these entities will be required to provide to the governing body or relevant regulatory authorities.
  • Assisting stakeholders across the bank in understanding proposed swap and / or security-based swap rules and associated obligations to inform the banks advocacy.


  • At least 3-5 years of compliance or regulatory experience, preferably with an investment bank, federal regulator or self-regulatory organization, or in a risk management function or law firm
  • Strong knowledge of Title VII of the Dodd-Frank Act as pertains to the obligations of swap and security-based swap dealers
  • Familiarity with global derivatives regulation
  • Self-starter who is able to execute time-sensitive projects against plans
  • Strong inter-personnel skills with a focus on developing relationships at all levels and across functions
  • Experience in presenting to management
  • Exceptional attention to detail and strong analytical skills
  • Proficiency in Excel, Powerpoint, and Microsoft Office
  • Bachelor of Arts degree or equivalent required; advanced degree preferred
Expected base pay rates for the role will be between 110000 and 190000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
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