Global Financial Crimes Client Risk Unit Vice President

Morgan Stanley • Dallas, TX

6d • Hybrid

About The Position

Morgan Stanley is seeking a Vice President in Legal and Compliance to provide advisory support on client risk and due diligence and partner across the Firm to support effective execution of its Financial Crimes Prevention Program. The position is within the Global Financial Crimes (GFC) Client Risk Unit, which evaluates client relationships posing the highest financial-crimes risk and provides check-and-challenge oversight of first-line enhanced due diligence execution. GFC coordinates the day-to-day implementation, governance, oversight, and execution of the Firm’s Anti-Money Laundering (AML), Sanctions, Anti-Corruption, and Government and Political Activities Compliance programs.

As a Client Risk Unit Manager, the successful candidate will manage and oversee CRU professionals, advise and challenge stakeholders on KYC onboarding and enhanced due diligence (EDD), and review higher-risk client relationships. The role also supports initiatives to assess and mitigate financial-crimes exposure, provides guidance on client risk rankings and policies, conducts stakeholder training, and coordinates with GFC and other teams across the Firm.

The listed work location is temporary; the position will transition to 1445 Ross Ave, Dallas, Texas, at a future date. In-person interviews are required, and the role requires four days in the office.

Requirements

• Bachelor’s degree or equivalent military experience.
• At least 7 years of relevant anti-money laundering and/or financial-crimes experience.
• At least 5 years of relevant managerial experience.
• Ability to understand and assess a wide variety of complex products, services, and client types.
• Ability to work independently while collaborating and coordinating as part of a global program.
• Strong analytical skills, ability to understand complex workflows, and excellent attention to detail.
• Excellent written and verbal communication skills and strong time-management skills.
• Ability to interact in a mature and professional manner with a variety of individuals.
• Excellent judgment, initiative, and adherence to deadlines.
• Ability to interact with branch-office and business-unit personnel and receive and apply feedback from supervisors.
• Certification as an Anti-Money Laundering Specialist by ACAMS or an equivalent AML certification or license, or obtain certification within the first 15 months of employment.

Nice To Haves

• Relevant experience at a large or complex financial institution, law firm, or government or regulatory body.
• Fluency in Spanish or Portuguese.
• Strong knowledge of investing and markets, or demonstrated ability to research, learn, and adapt quickly.

Responsibilities

• Manage, recruit, and maintain oversight of Client Risk Unit professionals.
• Serve as a point of escalation and provide advisory support, guidance, and effective challenge concerning KYC onboarding and EDD for clients and counterparties.
• Support projects and initiatives to assess and mitigate the Firm’s exposure to money laundering and other financial crimes.
• Review enhanced due diligence for new and existing higher-risk clients, including analyzing corporate structures and other 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-person lists.
• Use third-party and internal databases to assist with due diligence searches.
• Develop understanding of AML regulations, policies, and procedures.
• Provide policy and procedure guidance to stakeholders.
• Conduct training for stakeholders.
• Liaise and coordinate within GFC and with key stakeholders across the Firm to ensure appropriate execution of the Financial Crimes Prevention Program.

Benefits

• Comprehensive employee benefits and perks.
• Potential commission earnings, incentive compensation, discretionary bonuses, and other short- and long-term incentive packages, depending on the position.

What This Job Offers

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