Regulatory Control - Governance & Capital Initiatives - Vice President

Glasgow, UK
Not disclosed
25 Sep 2023
25 Oct 2023
Approved employer
Full time
Job Description

The Regulatory Controller team has final responsibility for a series of regulatory capital processes, reporting, and projects across Market Risk, Credit Risk, Own Funds, and Leverage for Morgan Stanley’s key EMEA operating entities. The team is accountable for the associated external reporting including CoRep, IFR, IFPR, and Pillar III related disclosures.

We currently have an exciting opportunity at the Vice President level, with an immediate focus on data governance and BCBS239 compliance. The successful candidate will drive forward multiple initiatives including understanding and documenting data lineage, controls, and gaps for prioritised data elements. The role is expected to grow to include future projects, including key involvement in the implementation of Basel 3 End Game.

Given this broad remit, the team works closely with a wide range of clients and stakeholders globally, including the Credit Risk and Market Risk departments, Operations, Regulatory Policy, and various Business Units. This role offers an excellent opportunity to learn and interact with a range of businesses and products across the firm. The Regulatory Controller team in Glasgow is part of the Global Regulatory function with colleagues in London, Frankfurt, New York, Budapest, and Mumbai.

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 will you be doing?

  • Collaborating across divisions to catalogue key data elements from originating source through to external regulatory calculations and reporting (e.g.: COREP, Focus II, PRA/ECB/Bundesbank specific reporting), understanding any transformation of data throughout the process.
  • Working with regulatory calculation and reporting teams to embed data management principles within business-as-usual processes.
  • Helping develop the systems and processes used in the data cataloguing processes.
  • Contributing as a key member of the Basel 3 End Game working groups.
  • Reviewing the implementation of complex capital reporting interpretations as well as the ongoing relevancy of historical interpretations
  • Supporting internal and external queries, including from audit and regulators as required
  • Acting as a key advisor, working alongside cross-functional teams on the implementation of both internal and external capital projects and reporting.


What we’re looking for:

  • Experience of regulatory reporting, data management or BCBS239 compliance
  • Work experience within large financial services firms or other directly relevant experience
  • The ability to work effectively within a local and global team, as well as independently, building effective working relationships with a variety of different stakeholders.
  • Self-motivated personality with high standards for quality of work and accuracy. The flexibility required to work in a dynamic environment under tight deadlines.
  • Proficiency in MS Office (Excel, Teams, PowerPoint, and Word) and an ability to summarise data/themes in a meaningful format.

Where will you be working?

  • Working in a collaborative growing team in the Glasgow Finance division on a 3/2 hybrid model.

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.

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.

For further information, and to apply, please visit our website via the “Apply” button below.