Morgan Stanley
Morgan Stanley Bank, NA (MSBNA) Financial Crimes Risk Office (Institutional Secu
Morgan Stanley, Purchase, New York, United States, 10577
Overview
Morgan Stanley Bank, NA (MSBNA) Financial Crimes Risk Office (Institutional Securities Group) – Vice President Join to apply for the Morgan Stanley Bank, NA (MSBNA) Financial Crimes Risk Office (Institutional Securities Group) – Vice President role at Morgan Stanley. Responsibilities
Implement and manage the 1L Financial Crimes Risk program requirements and controls Provide subject matter expertise, guidance, and training to 1L Financial Crimes Risk staff who perform AML, KYC, and EDD reviews for MSBNA customers Manage and assess the financial crimes risks associated with all MSBNA customers (including all risk rating levels) and the overall MSBNA business Provide day-to-day support including financial crimes risk advice to New Client New Business (NCNB) and Periodic Review teams (including DDR, EDR, and Remediation teams) Perform financial crimes risk review of MSBNA products and services, including New Product Approval Process Perform financial crimes risk review of MSBNA customers identified and escalated as part of the WM and ISG Consequence Framework review processes Assist in review and escalation of MSBNA customers escalated via the Negative News and Reputational Risk Escalation Process Actively manage and assist in strategic initiatives to promote process standardization, efficiency improvements, and financial crimes risk reduction Provide financial crimes risk management and advisory services in support of the maintenance and growth of the MSBNA business Assist and lead key projects and initiatives related to assessing and mitigating the Firm’s exposure to money laundering and reputational risk-relevant activities Assist pipeline management and overall engagement with Business Unit, Operations, Technology, and Second Line of Defense Global Financial Crimes partners and stakeholders to onboard new, existing, and prospective MSBNA customer relationships Actively identify, measure, control and remediate money laundering and reputational risk issues with partners and stakeholders in Business Unit, Operations, Technology, and Second Line of Defense Global Financial Crimes Partner with the Second Line of Defense Global Financial Crimes Compliance teams to monitor client relationships on an ongoing basis and ensure compliance with regulatory expectations Qualifications – External
8+ years of relevant experience with BSA/AML Regulations within the financial services industry, or at a financial services regulator (e.g., FINRA, SEC, OCC, Federal Reserve, etc.) Undergraduate degree in Business, Finance, or related field Strong leadership qualities with the ability to manage teams and demonstrate integrity Strong knowledge of KYC, CIP, and CDD requirements Strong interpersonal and communication skills Ability to maintain a strong work ethic and integrity Ability To
Take initiative, analyze, summarize, and communicate effectively Investigate, identify issues, impacts and trends to propose comprehensive solutions Work independently and in a team environment Handle highly confidential information with discretion Work in a matrixed organization, leveraging resources across the organization to complete deliverables Additional Skills Desired
Microsoft Office (Excel, PowerPoint, Word) Data analysis related to the management of a financial crimes risk program Experience managing programs focused on ensuring quality within AML programs ACAMS or equivalent AML certification is a plus What You Can Expect From Morgan Stanley
Morgan Stanley is committed to maintaining high standards of service and excellence. Our values include putting clients first, doing the right thing, leading with ideas, and commitment to diversity and inclusion. We offer attractive benefits and opportunities to grow within a global organization. Expected base pay rates for the role will be between $140,000 and $205,000 per year at commencement, with total compensation potentially including commissions, incentives, bonuses, and other benefits. Morgan Stanley is an equal opportunity employer and supports diversity in its workforce. Seniority level
Executive Employment type
Full-time Job function
Finance and Sales Referrals increase your chances of interviewing at Morgan Stanley. New York, NY and surrounding areas are listed with varying duties and levels.
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Morgan Stanley Bank, NA (MSBNA) Financial Crimes Risk Office (Institutional Securities Group) – Vice President Join to apply for the Morgan Stanley Bank, NA (MSBNA) Financial Crimes Risk Office (Institutional Securities Group) – Vice President role at Morgan Stanley. Responsibilities
Implement and manage the 1L Financial Crimes Risk program requirements and controls Provide subject matter expertise, guidance, and training to 1L Financial Crimes Risk staff who perform AML, KYC, and EDD reviews for MSBNA customers Manage and assess the financial crimes risks associated with all MSBNA customers (including all risk rating levels) and the overall MSBNA business Provide day-to-day support including financial crimes risk advice to New Client New Business (NCNB) and Periodic Review teams (including DDR, EDR, and Remediation teams) Perform financial crimes risk review of MSBNA products and services, including New Product Approval Process Perform financial crimes risk review of MSBNA customers identified and escalated as part of the WM and ISG Consequence Framework review processes Assist in review and escalation of MSBNA customers escalated via the Negative News and Reputational Risk Escalation Process Actively manage and assist in strategic initiatives to promote process standardization, efficiency improvements, and financial crimes risk reduction Provide financial crimes risk management and advisory services in support of the maintenance and growth of the MSBNA business Assist and lead key projects and initiatives related to assessing and mitigating the Firm’s exposure to money laundering and reputational risk-relevant activities Assist pipeline management and overall engagement with Business Unit, Operations, Technology, and Second Line of Defense Global Financial Crimes partners and stakeholders to onboard new, existing, and prospective MSBNA customer relationships Actively identify, measure, control and remediate money laundering and reputational risk issues with partners and stakeholders in Business Unit, Operations, Technology, and Second Line of Defense Global Financial Crimes Partner with the Second Line of Defense Global Financial Crimes Compliance teams to monitor client relationships on an ongoing basis and ensure compliance with regulatory expectations Qualifications – External
8+ years of relevant experience with BSA/AML Regulations within the financial services industry, or at a financial services regulator (e.g., FINRA, SEC, OCC, Federal Reserve, etc.) Undergraduate degree in Business, Finance, or related field Strong leadership qualities with the ability to manage teams and demonstrate integrity Strong knowledge of KYC, CIP, and CDD requirements Strong interpersonal and communication skills Ability to maintain a strong work ethic and integrity Ability To
Take initiative, analyze, summarize, and communicate effectively Investigate, identify issues, impacts and trends to propose comprehensive solutions Work independently and in a team environment Handle highly confidential information with discretion Work in a matrixed organization, leveraging resources across the organization to complete deliverables Additional Skills Desired
Microsoft Office (Excel, PowerPoint, Word) Data analysis related to the management of a financial crimes risk program Experience managing programs focused on ensuring quality within AML programs ACAMS or equivalent AML certification is a plus What You Can Expect From Morgan Stanley
Morgan Stanley is committed to maintaining high standards of service and excellence. Our values include putting clients first, doing the right thing, leading with ideas, and commitment to diversity and inclusion. We offer attractive benefits and opportunities to grow within a global organization. Expected base pay rates for the role will be between $140,000 and $205,000 per year at commencement, with total compensation potentially including commissions, incentives, bonuses, and other benefits. Morgan Stanley is an equal opportunity employer and supports diversity in its workforce. Seniority level
Executive Employment type
Full-time Job function
Finance and Sales Referrals increase your chances of interviewing at Morgan Stanley. New York, NY and surrounding areas are listed with varying duties and levels.
#J-18808-Ljbffr