Compliance Officer (Morgan Stanley At Work)

Reports to: Executive Director, Wealth Management Compliance, New York
Dotted line report: Executive Director, Head of Australia and NZ Compliance

About The Role:
You will provide day to day compliance coverage for the Morgan Stanley at Work business in Australia, which has two regulated entities in Australia servicing wholesale and retail clients, with a significant value of client assets in custody and under administration.

Business Unit and Product Coverage:
Morgan Stanley at Work's cloud-enabled services for global equity administration, financial reporting and compliance uses innovative software to power administration and transactions for 3,000 corporate clients and over 1.5 million employees of those clients globally. The Morgan Stanley at Work Platform provides administration, financial reporting, custody, and execution services in respect of Australian, Japanese and New Zealand employee share schemes and employee share option schemes.
Morgan Stanley at Work's business comprises an institutional style broker-dealer and custody business which services employee share schemes by holding client money and securities for the scheme, dealing in foreign exchange, and dealing in securities. The other side of the business services participants in those employee share schemes by holding and administering client money, securities, options, and performance rights and facilitating the transfer or sale of securities which have fully vested. Morgan Stanley at Work also deals in spot FX transactions for those participants.

Key Responsibilities:

Enhance and manage the Compliance Framework for the Australian business including:

- Planning: set the annual Compliance plan and be accountable for the delivery of the plan
- Policies: maintain, enhance and update policies and procedures for the Australian business / regulations and other relevant regulations as the business expands into other markets
- Advisory: provide timely advice in relation to Compliance related enquiries including operational queries, client assets, orders, transactions, cross border licensing, staff travel, licensing, new product approvals etc.
- Training: Conduct Compliance induction training for new staff and prepare and delivery Compliance training on ongoing basis
- Regulatory Liaison: investigate, compile and draft responses to regulatory enquiries, inspections, self-assessments, and regulatory notifications
- Monitoring: attend to account trade queries and advise on issues escalated by first line risk and oversight functions in the business
- Meetings/Committees: attend and prepare documents for regular internal meetings and committees to keep members apprised of any regulatory developments or regulatory risks
- Licenses: maintain AFSLs and ensure all required authorisations are in place and conditions are adhered to