Global Financial Crimes Client Risk Unit Associate
About The Position
The Associate-level Client Risk Unit Professional works within Morgan Stanley’s Global Financial Crimes (GFC) team in the Legal & Compliance division. The Client Risk Unit evaluates client relationships that pose the highest financial crimes risk and provides check-and-challenge oversight of the first line’s enhanced due diligence execution. GFC coordinates the day-to-day implementation of the Firm’s financial crime prevention efforts, including governance, oversight, and execution of its Anti-Money Laundering (AML), Sanctions, Anti-Corruption, and Government and Political Activities Compliance programs. The role involves reviewing enhanced due diligence for higher-risk clients, assessing financial-crimes-related information, and providing guidance on client risk rankings and policies. The position requires four days in the office. The listed location is temporary; the work location will transition to 1445 Ross Ave, Dallas, TX 75202 at a future date. In-person interviews are required.
Requirements
- Strong analytical skills.
- Excellent written and verbal communication skills, attention to detail, and strong time-management skills.
- Ability to interact in a mature and professional manner with a variety of individuals.
- General knowledge of investing and markets, or demonstrated ability to research, learn, and adapt quickly.
- Excellent judgment, initiative, and adherence to deadlines.
- Ability to interact with branch office and business unit personnel and receive and apply supervisor feedback on work product.
- Certification as an Anti-Money Laundering Specialist by ACAMS or an equivalent AML certification/license, or obtain certification within the first 15 months of employment.
Nice To Haves
- Fluency in Spanish or Portuguese is desired but not required.
Responsibilities
- Review enhanced due diligence for new and existing higher-risk clients, including analyzing corporate structures and relevant documentation.
- Analyze and escalate financial crimes negative news as necessary.
- Determine and provide guidance on appropriate client risk rankings.
- Review client accounts for potential matches to designated sanctions targets and prohibited persons lists.
- Use third-party and internal databases to assist with due diligence searches.
- Develop an understanding of anti-money laundering regulations, policies, and procedures.
- Provide guidance on policies and procedures to stakeholders.
- Conduct training for stakeholders.
Benefits
- Morgan Stanley-sponsored benefit programs and employee perks; specific benefits are not detailed.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
