Compliance : Job Level - Executive Director
About The Position
Discover your next career opportunity with Morgan Stanley, where we are committed to helping our employees build meaningful careers, and where you can learn, achieve, and grow. Across the globe, we believe our greatest asset is our people. As part of our commitment to excellence, and to you, we offer a comprehensive suite of benefits, programs, and perks. We stand for doing the right thing, putting clients first, leading with exceptional ideas, committing to diversity and inclusion, and giving back. About Global Financial Crimes In Global Financial Crimes (GFC), you will play a critical role in identifying potentially suspicious activity, protecting vulnerable individuals, and safeguarding the integrity of the financial system. GFC 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. 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. Your Key Responsibilities: The Deputy Head of Sanctions Compliance will report to the Global Head of Sanctions Compliance and help to lead a global team of in-house financial crimes specialists collectively responsible for coverage of legal, compliance, and regulatory economic sanctions issues arising in all business units.
Requirements
- Strong academic credentials
- 10+ years of relevant experience, preferably at a large/complex financial institution, law firm, or government/regulatory body
- Detailed understanding of the laws, rules, regulations, and industry best practice pertaining to economic sanctions, in particular the sanctions programs administered and enforced by OFAC and in the EU
- Ability to understand and assess a wide variety of complex commercial transactions
- Highly motivated self-starter able to work independently while collaborating and coordinating as part of a global program
- Experience in configuration of client and transactional screening technologies and management of alert disposition processes
- Strong project management skills
- Strong analytical and problem-solving skills and the ability to provide viable solutions in a time-sensitive environment
- Strong written and verbal communications skills, attention to detail, and effective time management
- Sound judgment and an ability to appropriately escalate issues internally
- Strong interpersonal skills and team-player attitude
- Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license - or certification within first 15 months of employment
Responsibilities
- Handle compliance and regulatory matters pertaining to economic sanctions programs adhered to under the Firm's Global Sanctions Policy, including the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), His Majesty's Treasury of the United Kingdom's Office of Financial Sanctions Implementation (OFSI), the United Nations Security Council (UNSC), and the Council of the European Union (EU Council)
- Support the Global Head of Sanctions Compliance in managing a team of sanctions compliance officers based in various locations globally, covering the Firm's enterprise-wide program
- Play a leading role in the ongoing development, administration, and implementation of the Firm's economic sanctions compliance program
- Develop, recommend, and implement risk-based processes and controls to ensure business unit compliance with economic sanctions
- Provide written and verbal communication on issues to the lines of business, performing and reviewing highly sensitive client and transaction search information, reporting, escalating and documenting results
- Maintain awareness of regulatory changes related to economic sanctions, ensuring proper communication and timely implementation of new procedures and/or enhanced due diligence programs in compliance with any change in laws and regulations
- Supervise the drafting and implementation of economic sanctions policies and procedures
- Coordinate with GFC's Monitoring and Screening Controls function on Global Screening Standards and the implementation of screening rules
- Coordinate with the Risk Assessment team on the yearly economic sanctions Risk Assessment
- Supervise the review and investigation of escalated payments and/or transactions identified for potential matches to OFAC and other related sanctions lists; ensure prompt handling and response
- Develop content for and deliver specialized training to relevant internal audiences concerning economic sanctions for both in-person and Firm-wide online training modules
- Conduct ad hoc due diligence projects arising from the administration of the economic sanctions program
- Lead OFAC filing efforts in consultation with Financial Crimes Legal
- Assist with responding to U.S. regulatory exams and other inquiries, and internal audits, including overseeing document productions
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What This Job Offers
Job Type
Full-time
Career Level
Executive
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
