Company ProfileMorgan 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 ethic. 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 ProfileGlobal Financial Crimes (GFC) coordinates day-to-day implementation of the Firm's enterprise-wide financial crime prevention efforts. GFC includes several legal and compliance disciplines and has responsibility for governance, oversight and execution of the Firm's Anti-Money Laundering (AML), Sanctions, Anti-Corruption and Government and Political Activities Compliance programs. GFC also develops and/or assists in the development of appropriate policies and procedures, including those designed to assist the business units to know their clients and conduct appropriate due diligence and to prevent, detect and report potentially suspicious activity.Primary ResponsibilitiesThe Wealth Management and Bank GFC Advisory Officer will 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. The group is comprised of team leads and analysts who focus on a variety of tasks, including providing financial crimes related advice and guidance to the WM and Banks businesses, performing enhanced due diligence associated with clients and accounts, and serving as an escalation point for AML, sanctions, corruption and tax evasion issues in the WM and Banks space.Reporting LinesThis role reports to the Wealth Management and Bank GFC Advisor Executive Director.Specific job responsibilities include:>Provide guidance and direction to business and compliance teams on issues related to AML, sanctions, and anti-corruption laws and regulations, including the USA PATRIOT Act, Bank Secrecy Act, OFAC/HMT regulations, U.S. Foreign Corrupt Practices Act (FCPA), UK Bribery Act, etc.>Serve as point of escalation and provide support in connection with Know Your Customer (KYC) onboarding, enhanced due diligence and transactional due diligence matters.>Advise on transactional due diligence with respect to clients, counterparties, co-investors, and target companies/assets and provide guidance to the business on due diligence requirements.>Serve as point of escalation and provide support in connection with regulatory interpretation and application of facts in connection with policies.>Identify and escalate client matters with significant reputational risk and potential financial crimes exposure.>Advise on issues related to Know Your Customer (KYC) obligations, including reviewing complex structures and higher risk customers for AML related-risks.>Assist in identifying and reporting suspicious activity.>Assist with GFC's responses to U.S. regulatory exams and other inquiries, and internal audits, including overseeing document productions.>Identify 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, including Legal, Compliance, Regulatory Relations, and Risk, to ensure appropriate execution of the Firm's WM financial crimes prevention program.>Coordinate execution of WM and Banks Financial Crimes program changes with key stakeholders (e.g., Operations, Technology)Skills requiredCandidates must have:>4-year college degree with strong academic credentials.>5 to 8 years of relevant experience, preferably at a large/complex financial institution, law firm, or government/regulatory body.>Detailed understanding of the laws, rules, and regulations pertaining to AML and wealth management businesses.>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 and problem-solving skills and the ability to provide viable solutions in a time-sensitive environment.>Excellent written and verbal communications skills and attention to detail.>Strong project management skills.>Sound judgment and an ability to appropriately escalate issues internally.>Proven ability to handle highly confidential information with appropriate discretion.>Outstanding interpersonal skills and team-player attitude.>Proficiency with MS Word, Excel, PowerPoint, and Outlook.>Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license or certification within 15 months of hire.Skills desired- Strong understanding of financial markets and international wealth management.Expected base pay rates for the role in New York will be between 110000 and 190000 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.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).
