New Product Approval, Associate/ Director, Regulatory Relations

We're seeking someone to join our team as a New Product Approval in Legal and Compliance Division. The Department reports on new product activity to business risk management, infrastructure groups and senior management on a regular basis.

In the Legal & Compliance division, we assist the Firm in achieving its business objectives by facilitating and overseeing the Firm's management of legal, regulatory and franchise risk. This is an Associate/ Director position within Regulatory Relations, which is responsible for periodic reporting to enterprise level governance committees and interfaces with regulators as required.

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:

• Provide support to the Firm NPA team in governing the global new product approval process, primarily for Americas ISG and US Banks related activity
• Perform quality assurance (QA) of the Firmwide new product proposals to validate that risk is adequately managed and ensure compliance with existing policies and procedures and alignment with strategic goals
• Ensure outstanding QA issues are tracked in a consistent fashion, and issues are resolved timely
• Production of management information and metrics for senior management meetings, including steering committees, risk committees, and BU oversight forums etc.
• Production of various internal reports for global team to keep track of issues, due dates and matters requiring attention
• Contribute to the Firm NPA Department's GenAI integration initiative by designing prompts, testing outcomes and collaborating with developers and the Firm NPA Department to integrate GenAI into the NPA workflow
• Perform user and system administration support and document user requirements and perform Users Acceptance Testing for the NPA Platform
• Assist on internal audit and regulatory matters
• Participate in NPA technology initiatives and work with NPA Technology team to implement enhancements on the technology tooling
• Contribute to ad-hoc team projects as required, ensuring alignment with goals and objectives

• Bachelor's Degree required with 5 or more years of relevant experience
  Knowledge
• Good understanding of and familiarity with financial services industry
• Basic knowledge of products/services related to sales and trading, investment banking, investment management and wealth management preferred
• Experience with or knowledge of AI related tools is a strong plus
• Strong team player with excellent interpersonal and communication skills
• Excellent analytical skills coupled with high attention to detail
• Strong organizational skills with ability to effectively multi-task in a high pressure, fast-pasted environment to manage significant case load within short timeframes
• Sound judgement and ability to identify and escalate issues effectively and appropriately
• Exposure to GenAI based tools (e.g., ChatGPT, Copilot, or similar) and their application in software testing preferred
• Good working knowledge with Microsoft Office programs, especially Excel (ability to create spreadsheets, pivot tables/functions/manipulate/sort/filter/format data in spreadsheets), knowledge of MS Access and VBA/Macros is also desirable
• Comfort with Windows environment and ability to quickly learn proprietary technology applications