Financial Crimes Vice President - Transaction Monitoring and Strategy

Morgan Stanley • Spring Valley, NV

5d • Hybrid

About The Position

We are seeking someone to join our team as a Coverage Assessment Officer in Global Financial Crimes - Strategy to serve as a Risk and Controls Assessment (RCA) lead. 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 a Vice President level position within the GFC Strategy Team. This individual will be responsible for owning and continuously enhancing the end-to-end RCA process related to AML Red Flags, transaction monitoring scenarios, and risk factor governance. Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world. What you'll do in the role:

Requirements

• 8+ years of experience in AML, risk management, or control functions within a large financial institution.
• Bachelor's degree required; advanced degree or professional certifications (e.g., CAMS, CISA) preferred.
• Proven experience contributing to complex AML control and assessment initiatives.
• Strong knowledge of AML and sanctions risks, transaction monitoring frameworks, and risk/control taxonomies.
• Familiarity with AML detection platforms such as Actimize, SAS, Oracle, etc.
• Effective communicator with ability to engage senior stakeholders and cross-functional teams.
• Comfortable working independently in a fast-paced, evolving environment.
• Resilient, solutions-oriented, and committed to continuous improvement.

Nice To Haves

• Experience with advanced analytics or machine learning is a plus.

Responsibilities

• Manage and provide oversight for the RCA lifecycle, including annual AML Red Flags assessments, product/service risk analyses, inherent and residual risk evaluations, and control effectiveness ratings.
• Define and support implementation of governance structures for transaction monitoring scenarios and risk factors, including ownership, review cycles, and formal escalation protocols.
• Lead the continuous improvement of the RCA methodology through standardization, integration of technology, and use of advanced analytics.
• Support qualitative and quantitative reviews of transaction monitoring scenarios, including gap analysis at the product/service level.
• Design and implement a formal mechanism for evaluating effectiveness of scenarios, including review of suspicious activity from non-alerted sources.
• Maintain a comprehensive controls framework with structured processes for identifying and addressing control gaps.
• Collaborate with GFC Advisory, Business Units, Technology, and other control partners to execute RCA activities and support remediation plans.
• Support the use of automation, data analytics, and technology solutions to enhance risk assessments.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees