Morgan Stanley

Risk & Compliance, Vice President (Bangalore/ Mumbai)

Posted On

Feb. 4, 2025

Location

Mumbai, Maharashtra

Experience Level

Freshers/Experienced

Job Type

Permanent

Apply By

March 12, 2025

Job Description

We’re seeking someone to join our team as a Vice President – Risk & Compliance to deliver effective non-financial risk and Labour Law Compliance coverage for the Human Capital Management Division.

In the Human Capital Management division, we provide advice and insight to attract, retain, reward and develop a talented global workforce, giving employees the support and tools, they need to succeed. This is a Vice President level position within the Risk & Compliance team which serves as a centralized function supporting Human Resources risk management and Labour Laws Compliance by ensuring adherence to departmental, Firm standards and Labour Laws in India.

Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

What you'll do in the role: -

Build and maintain relationships with stakeholders across HR functional teams locally and globally
Support Firm risk management programs across the HR division including Risk Control Self-Assessment (RCSA) and Third-Party Risk initiatives
Partner with relevant stakeholder groups to monitor and assess local Regulations including interpretation and communication of changes.
Ensure effective implementation of regulatory mandate in India.
Review Labour Laws compliance related to all Statutory requirements including Firm and Vendor Compliance (Principal Employer)
Re-assess/ QA existing Asia Regulatory reports to ensure consistency, especially if in line with the changing regulatory landscape - Maintenance and refresh of overall Asia Regulatory Reports (over 180 reports in scope)
Support review and submission of Outsourced Service inventory across 5 Asia Regulatory regimes
Manage the Operational Risk Incident (ORI) life cycle from event intake to resolution for your respective location
Identify process issues through day to day work and/or audits and engage appropriate stakeholders to determine resolution
Manage data leakage incidents and other information security related activities, advising HR colleagues in relation to information security best practices and Firm reporting requirements
Respond to and resolve urgent escalations along with appropriate SMEs and/or stakeholders
Produce non-financial risk reporting and other management information as required

What you'll bring to the role:

Bachelor’s degree or equivalent
Proven non-financial risk management experience.
Proven experience on Labour Laws and Statutory Compliance
Proven ability to anticipate and identify risks and determine effective process and control enhancements in mitigation.
Strong analytical and reporting skills.
Strong verbal and written communication skills and the ability to influence stakeholders of varying seniority.
The ability to balance multiple priorities in a fast-changing environment.
Previous exposure and knowledge around HR, Compliance, regional Risk & Regulatory Frameworks is highly advantageous.
Work independently and exercise good judgment in the handling of complex and sensitive matters.
At least 6 years' relevant experience would generally be expected to find the skills required for this role.

WHAT 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 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.

We're committed to bringing passion and customer focus to the business.

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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