Morgan Stanley
Institutional Securities Group Management - Financial Crimes Risk - VP
Morgan Stanley, New York, New York, us, 10261
Institutional Securities Group Management - Financial Crimes Risk - VP
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 ethics. 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.
Department Profile
The Financial Crimes Risk ("FCR") Team is embedded within the Firm’s business line. It is responsible for identifying, assessing, and escalating potential financial crimes risk issues associated with higher risk client types. The FCRCO Team is considered the first line of defense and supports the onboarding and enhanced due diligence processes for Morgan Stanley.
This role focuses on the financial crime obligations associated with the Firm’s Investment Banking and Global Capital Markets businesses.
Responsibilities
Provide financial crime advisory support to IBD/GCM stakeholders relative to proposed transactions
Effectively develop and communicate a first-line risk view with respect to clients, counterparties, and/or transactions
Review EDD Profile and documentation (including all screening results) to evaluate the relevant risk factors driving the higher risk rated customers and document analysis, including rationale to approve or decline customer and draft summary statement
Review risk-relevant matters associated with prospective clients identified during Client Due Diligence (CDD) and EDD processes to ensure continued knowledge of the existing client base and any material changes to client information
Assist in the review and approval of ‘New Product Approval’ requests
Facilitate timely completion of the KYC refresh process across all risk rankings
Prepare periodic reporting for senior stakeholders
Challenge existing systems and processes, looking for enhancements and efficiencies where possible
Support work on other special projects, as needed
Represent the ISG FCRCO Team in relevant governance forums
Provide supervisory support and training for FCRO Associates and Analysts through developing individual and team skills and providing timely, constructive feedback
Role will require in office attendance 4 days/week
Qualifications Experience Required:
5+ years professional experience in a financial crimes/anti-money laundering group (or similar) at a financial institution
Professional experience in investment banking (e.g. M&A advisory) and capital markets (e.g. debt/equity underwriting products) strongly preferred
Bachelor's degree or equivalent
Skills Required:
Strong analytical skills to identify and assess relevant AML risks including all screening results
Strong interpersonal skills and ability to communicate effectively both verbally and in writing
Intermediate to Advanced knowledge of Microsoft Office tools (Word, PowerPoint, Excel, and Access)
Strong leadership qualities with the ability to manage teams and evidence a strong work ethic as well as a high degree of integrity
Working knowledge of local AML Rules and Regulations would be advantageous (although not essential, initially)
Strong knowledge of business, products, operations, systems and organization
Ability to leverage investigative or due diligence skills to work on complex files
Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license – or certification within first 15 months of employment
Ability:
Multitask effectively, identify priority matters and action promptly
Work independently and in a team environment
Handle highly confidential information with appropriate discretion
Work in a matrixed organization, leveraging resources across the organization to complete deliverables
Work in a high volume, fast paced environment
Additional Skills Desired:
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. 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).
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. 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.
Expected base pay rates for the role will be between $140,000 and $250,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
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).
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Finance, Other, and Strategy/Planning
Industries
Financial Services, Investment Banking, and Capital Markets
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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 ethics. 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.
Department Profile
The Financial Crimes Risk ("FCR") Team is embedded within the Firm’s business line. It is responsible for identifying, assessing, and escalating potential financial crimes risk issues associated with higher risk client types. The FCRCO Team is considered the first line of defense and supports the onboarding and enhanced due diligence processes for Morgan Stanley.
This role focuses on the financial crime obligations associated with the Firm’s Investment Banking and Global Capital Markets businesses.
Responsibilities
Provide financial crime advisory support to IBD/GCM stakeholders relative to proposed transactions
Effectively develop and communicate a first-line risk view with respect to clients, counterparties, and/or transactions
Review EDD Profile and documentation (including all screening results) to evaluate the relevant risk factors driving the higher risk rated customers and document analysis, including rationale to approve or decline customer and draft summary statement
Review risk-relevant matters associated with prospective clients identified during Client Due Diligence (CDD) and EDD processes to ensure continued knowledge of the existing client base and any material changes to client information
Assist in the review and approval of ‘New Product Approval’ requests
Facilitate timely completion of the KYC refresh process across all risk rankings
Prepare periodic reporting for senior stakeholders
Challenge existing systems and processes, looking for enhancements and efficiencies where possible
Support work on other special projects, as needed
Represent the ISG FCRCO Team in relevant governance forums
Provide supervisory support and training for FCRO Associates and Analysts through developing individual and team skills and providing timely, constructive feedback
Role will require in office attendance 4 days/week
Qualifications Experience Required:
5+ years professional experience in a financial crimes/anti-money laundering group (or similar) at a financial institution
Professional experience in investment banking (e.g. M&A advisory) and capital markets (e.g. debt/equity underwriting products) strongly preferred
Bachelor's degree or equivalent
Skills Required:
Strong analytical skills to identify and assess relevant AML risks including all screening results
Strong interpersonal skills and ability to communicate effectively both verbally and in writing
Intermediate to Advanced knowledge of Microsoft Office tools (Word, PowerPoint, Excel, and Access)
Strong leadership qualities with the ability to manage teams and evidence a strong work ethic as well as a high degree of integrity
Working knowledge of local AML Rules and Regulations would be advantageous (although not essential, initially)
Strong knowledge of business, products, operations, systems and organization
Ability to leverage investigative or due diligence skills to work on complex files
Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license – or certification within first 15 months of employment
Ability:
Multitask effectively, identify priority matters and action promptly
Work independently and in a team environment
Handle highly confidential information with appropriate discretion
Work in a matrixed organization, leveraging resources across the organization to complete deliverables
Work in a high volume, fast paced environment
Additional Skills Desired:
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. 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).
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. 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.
Expected base pay rates for the role will be between $140,000 and $250,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
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).
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Finance, Other, and Strategy/Planning
Industries
Financial Services, Investment Banking, and Capital Markets
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr