Wealth Management Branch Examiner--Remote ID-5629

January 3, 2025

Wealth Management Branch Examiner - Remote

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries. 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. Morgan Stanley 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.

Professionals within Legal and Compliance provide a wide range of services to our business units. They might help to structure a complex and sensitive cross-border transaction; advise on a new product introduction; develop a training program or defuse an investor dispute. They preserve the firm's invaluable reputation for integrity and protect the firm from sanctions with policies and procedures that meet regulatory requirements around the world. They also strive to maintain cooperative relationships with governmental policy makers and the regulatory and self-regulatory agencies that govern the firm's businesses.

Morgan Stanley is seeking a strong candidate for its Wealth Management Branch Examination team. The ideal individual will be responsible for the oversight and independent execution of branch examinations in retail branch locations.

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Primary Responsibilities:

Perform risk-based inspections of retail branch offices, including evaluating books and records, testing for sales practice compliance, money movement, and assessing the effectiveness of supervisory processes and procedures.
Perform pre-exam testing by analyzing risk assessments, establishing sample selection criteria, testing selected samples per departmental procedures and reviewing relevant documentation.
Conduct onsite branch inspections, review electronic and physical reports and documents, and interview financial advisors, support staff and branch management.
Leverage your expertise and judgment to evaluate testing results and assess the adequacy and effectiveness of the branches control environment.
Hold meetings with branch management to discuss preliminary findings, identify root causes of noted issues, and obtain formal responses to exam results.
Collaborate with local management and key personal to address identified business risks and policy violations and develop comprehensive corrective action plans to facilitate the timely remediation of identified issues.
Collaborate with branch examination management to assess whether a branch office complies with regulatory requirements and Firm policies and procedures.
Oversee multiple examinations and projects concurrently.
Maintain up-to-date knowledge of industry and regulatory changes.

Qualifications:

Skills Required:

Knowledge of the Financial Services Industry
Prior examination or testing experience a plus
Team-oriented with the ability to interact with diverse remote teams, branch staff and management
Strong communication, detail oriented, analytical, critical thinking and organizational skills
Objectivity with the skill to make independent decisions associated with Compliance testing procedures
Enthusiastic, disciplined and self-motivated
Ethical standards, sound judgment and integrity
Domestic travel approximately 30 to 40% required
3+ years Financial Services Industry Experience
FINRA licenses a plus