Description
We’re seeking someone to join our team as a Vice President in Legal and Compliance and be part of a team that focuses on the anti-money laundering and other financial crime related obligations associated with the Firm’s Wealth Management (WM), Banks, and digital platform businesses.
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 a Vice President level position within the within Global Financial Crimes.
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.
The WM/Banks Advisory Officer will report to the Head of WM/Banks Financial Crimes Advisory – Executive Director.
What you'll do in the role:
Support key projects and initiatives related to assessing and mitigating the Firm’s exposure to money laundering and other financial crimes.
Provide guidance, support, and effective challenge to business teams on issues related to AML, sanctions, and anti-corruption laws and regulations.
Serve as a point of escalation on financial crimes questions and provide support in connection with interpretation of regulations and Firm policies.
Partner with stakeholders to prioritize changes impacting the WM/Banks GFC program in a risk-based manner, including those that come through the formal Change Management process.
Decision client matters with significant reputational risk and potential financial crimes exposure.
Assist with GFC’s responses to relevant regulatory exams and other inquiries, and internal audits, including overseeing data and document productions.
Represent WM/Banks GFC on various committees and interact with key stakeholders across the business and risk functions.
Review new product proposals from a financial crimes risk perspective which includes analyzing for potential vulnerabilities related to money laundering, economic sanctions evasion and tax evasion. Attend any New Product review meetings, including the Firm’s New Products Committee (“the NPC”).
Identify weaknesses, gaps, and areas for enhancement across processes and platforms that impact GFC, determine appropriate solutions and lead corrective action efforts.
Liaise and coordinate within GFC and with key stakeholders across the Firm to ensure appropriate execution of the Firm’s WM/Banks financial crimes prevention program.
Requirements
What you'll bring to the role:
Bachelor’s degree with strong academic credentials
8+ years of relevant anti-money laundering and/or other financial crimes experience, preferably at a large/complex financial institution, law firm, or government/regulatory body
Ability to understand and assess a wide variety of complex products, services, and client types
Highly motivated self-starter able to work independently while collaborating and coordinating as part of a global program
Strong analytical skills with an ability to understand complex workflows, and excellent attention to detail
Deep functional knowledge of the WM/Bank industries and applicable AML KYC rules, regulations, policies, and processes with preferred knowledge of and experience of Anti-Money Laundering (AML) and Sanctions programs.
Excellent verbal and written communication skills.
Ability to express complex ideas and risk analysis in formal presentations and written documentation.
Ability to manage timelines/deadlines, multiple projects and prioritize tasks in a rapidly changing environment.
Sound judgment and an ability to appropriately escalate issues internally
Ability to handle highly confidential information with appropriate discretion, develop internal relationships, influence stakeholders, and build consensus, and thrive in an evolving workplace.
Outstanding interpersonal and teamwork skills to collaborate as a global team and build strong relationship with key stakeholders across divisions
Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license or certification within first 15 months of employment
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 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. 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. There’s also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Where you'll be working:
This role will require in office attendance 3 days/week. Two of those days will be Anchor Days where you will be in the office with your teammates to learn, grow, and collaborate in person.
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 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. 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. There’s also ample opportunity to move about the business for those who show passion and grit in their work.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.
It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
