Alert Monitoring and Screening Associate

Morgan Stanley • Baltimore, MD

1d • Onsite

About The Position

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 level position within the GFC Alert Monitoring & Screening team. Global Financial Crimes coordinates day-to-day implementation of the Firm's financial crime prevention efforts, including governance, oversight and execution of the Firm's Anti-Money Laundering (AML), Sanctions, Anti-Corruption and Government and Political Activities Compliance programs. As a team member in GFC, you will play a critical role in identifying potentially suspicious activity, protecting vulnerable individuals, and safeguarding the integrity of the financial system. If you are passionate about financial crimes prevention, seeking a rewarding and dynamic career, and focused on making a difference, then GFC might be the right team for you.

Requirements

• Bachelor's degree or equivalent military experience
• 1-5 years of investigative or related experience with emphasis on BSA/AML
• A foundational understanding of the financial markets and banking, including broker-dealer product-based knowledge and the ability to learn concepts quickly
• Strong communication and presentation skills with the ability to communicate effectively through all levels of the organization
• Self-motivated and independent operator with the ability and maturity to make decisions and operate in fast paced and dynamic settings

Nice To Haves

• CAMS or equivalent AML certification/license, or ability to obtain certification within first 15 months of employment

Responsibilities

• Conduct alert reviews from internal and external sources, including negative news and transaction monitoring, performing the necessary research and analysis of transactional activity in order to determine if an escalation is required for further review
• Draft dispositions summaries that support the alert review outcomes, ensuring documents are clear and concise while complying with regulatory expectations
• Ensure a high quality work product and that the level of documentation adheres to procedural expectations
• Respond to questions from various stakeholders including GFC colleagues, Risk partners located in the field, and other Business Unit personnel
• Proactively identify risks to the GFC program, work with manager to develop solutions, and escalate as necessary
• Source and implement process improvements to increase efficiency and effectiveness
• Ensure daily operational processing is completed according to established program SLAs and regulatory requirements

Benefits

• Medical
• Prescription Drug
• Dental
• Vision
• Health Savings Account
• Dependent Day Care Savings Account
• Life Insurance
• Disability and Other Insurance Plans
• Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually)
• 10 Paid Holidays
• 401(k)
• Short/Long Term Disability

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level