Assistant Vice President, Risk Management

Morgan Stanley • Miami, FL

15h • Hybrid

About The Position

Morgan Stanley Smith Barney LLC is seeking an Assistant Vice President, Risk Management in Miami, Florida to support the ongoing enhancement and governance of the Firm’s Financial Crimes risk management framework, across U.S. banking, wealth management, brokerage, and investment management platforms, including AML, KYC, Sanctions, and related regulatory programs. Support the interpretation of U.S. and international regulatory requirements and assist in translating regulatory expectations into actionable business and operational requirements across domestic and cross-border client segments. Support the execution of strategic Financial Crimes initiatives, including process redesign, control enhancements, and program transformation efforts, with a focus on scalable solutions applicable to global client populations and understand of varying jurisdictional requirements. Assist in developing operating models, workflows, and governance structures to support scalable and sustainable program execution applicable across domestic and international client segments. Support the assessment and remediation of findings from risk assessments, internal audits, and regulatory exams, ensuring solutions address both U.S regulatory expectations and international risk considerations. Help ensure appropriate documentation of risk decisions, control enhancements, and program changes. Contribute to initiatives focused on strengthening the Firm’s control environment and enhancing program maturity including improvements to client risk assessment methodologies, enhanced due diligence frameworks, beneficial ownership controls, and cross-border client risk management practices. Support continuous improvement efforts aligned with evolving regulatory expectations, business needs, and operational priorities. Support preparation of materials, reporting, and presentations for senior management and governance forums. Telecommuting permitted up to 2 days per week.

Requirements

• Master’s degree in Law or a related field.
• Two (2) years of experience in the position offered or two (2) years as an Associate, Enhanced Due-Diligence, Paralegal, Law Clerk, or a related occupation.
• Two (2) years of experience applying knowledge of U.S. Anti-Money laundering and Counter-Terrorist Financing (AML/CFT) regulatory frameworks, including requirements under the Bank Secrecy Act, USA Patriot Act, FinCEN Regulations, and the FFIEC BSA/AML Examination Manual.
• Two (2) years of experience with Anti-Money laundering and Know-Your-Customer compliance obligations under SEC regulations, FINRA rules, Federal Reserve supervisory expectations, OCC guidance, and the Investment Advisers Act of 1940 and Securities Exchange Act of 1934.
• Two (2) years of experience assessing international financial crime risks, including multi-jurisdictional regulatory frameworks, cross-border client structures, and differences in beneficial ownership, corporate registries, and legal transparency regimes.
• Two (2) years of experience understanding of financial crime typologies across jurisdictions, including risks related to offshore structures, shell companies, money laundering, corruption-related proceeds, and politically exposed persons (PEPs), with particular exposure to Latin American regulatory and risk environments.
• Two (2) years of experience utilizing knowledge of financial crime risk typologies relevant to Latin America, including risk associated with offshore structures, shell companies, trade-based money laundering, corruption-related proceeds, politically exposed persons, and complex cross-border asset flows, and assessing how their risks intersect with U.S. regulatory expectations for financial institutions onboarding international clients.
• Two (2) years of experience assessing and evaluating financial crime risk holistically, including identifying risk drivers, control gaps, and jurisdictional exposure.
• Two (2) years of experience analyzing and interpreting complex legal documentation to understand ownership structures, control dynamics, and beneficial ownership, including opaque or layered entities across jurisdictions.
• Two (2) years of experience translating regulatory requirements and policy expectations into actionable business processes, controls, and technology requirements, ensuring effective and scalable implementation.
• Two (2) years of experience interpreting evolving regulatory frameworks and legal standards (U.S. and International), and translate them into actionable compliance controls policies, and operational procedures.
• Two (2) years of experience applying critical analysis to financial crime risk assessment, including evaluating risk indicators, applying AML typologies, and assessing effectiveness of controls.
• Two (2) years of experience developing clear, structured and persuasive materials, including dissertations, cases, opinions, policy documentation, executive presentations, and risk assessments to influence consensus and drive stakeholder alignment.

Responsibilities

• Support the ongoing enhancement and governance of the Firm’s Financial Crimes risk management framework, across U.S. banking, wealth management, brokerage, and investment management platforms, including AML, KYC, Sanctions, and related regulatory programs.
• Support the interpretation of U.S. and international regulatory requirements and assist in translating regulatory expectations into actionable business and operational requirements across domestic and cross-border client segments.
• Support the execution of strategic Financial Crimes initiatives, including process redesign, control enhancements, and program transformation efforts, with a focus on scalable solutions applicable to global client populations and understand of varying jurisdictional requirements.
• Assist in developing operating models, workflows, and governance structures to support scalable and sustainable program execution applicable across domestic and international client segments.
• Support the assessment and remediation of findings from risk assessments, internal audits, and regulatory exams, ensuring solutions address both U.S regulatory expectations and international risk considerations.
• Help ensure appropriate documentation of risk decisions, control enhancements, and program changes.
• Contribute to initiatives focused on strengthening the Firm’s control environment and enhancing program maturity including improvements to client risk assessment methodologies, enhanced due diligence frameworks, beneficial ownership controls, and cross-border client risk management practices.
• Support continuous improvement efforts aligned with evolving regulatory expectations, business needs, and operational priorities.
• Support preparation of materials, reporting, and presentations for senior management and governance forums.

Benefits

• Ample opportunity to move about the business for those who show passion and grit in their work.
• Attractive and comprehensive employee benefits and perks in the industry.

What This Job Offers

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