Global Financial Crimes: Client Risk Unit Vice President

Morgan Stanley•Baltimore, MD

1d•$95,000 - $165,000•Hybrid

About The Position

We are seeking someone to join our team as a Global Financial Crimes (GFC) - Client Risk Unit (CRU) Manager, VP. 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 Client Risk Unit where you will be responsible for evaluating client relationships that pose the highest financial crimes risk, while also serving as a check and challenge over the first line's execution of enhanced due diligence. 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. 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.

Requirements

Bachelor's degree or equivalent military experience
8+ years of relevant anti-money laundering and/or financial crimes experience, preferably at a large/complex financial institution, law firm or government/regulatory body
5+ years of relevant managerial experience
Ability to understand and assess a wide variety of complex products, services and client types
High motivated self-starter able to work independently while collaborating and coordinating as part of a global program
Strong analytical skills with an ability to understand complex workflows and excellent attention to detail
Excellent written and verbal communications skills, attention to detail and strong time management skills
Ability to interact in a mature and professional manner with a variety of individuals
Strong knowledge of investing and markets and the ability to research or must evidence the ability to learn and adapt quickly
Excellent judgment, initiative, and adherence to deadlines
Ability to interact with branch office and business unit personnel and be willing to receive and apply feedback on work product from supervisor(s)
Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license - or certification within first 15 months of employment

Responsibilities

Manage, recruit and maintain oversight of CRU Professionals
Serve as a point of escalation and provide advisory support, guidance, and effective challenge in connection to KYC Onboarding and EDD with respect to clients and counterparties.
Support key projects and initiatives related to assessing and mitigating the Firm's exposure to money laundering and other financial crimes
Review enhanced due diligence for both new and existing higher risk clients including analyzing corporate structures and other documentation as necessary
Analyze and escalate financial crimes negative news as necessary
Determine and provide guidance on the appropriate client risk ranking
Review of client accounts for potential matches to designated sanctions targets and prohibited persons lists
Engage various third-party and internal databases to assist with due diligence searches as needed
Develop an understanding of anti-money laundering regulations, policies, and procedures
Provide guidance on policy and procedures to various stakeholders
Conduct trainings to various stakeholders
Liaise and coordinate within GFC and key stakeholders across the Firm to ensure appropriate execution of the Firm's Financial Crimes Prevention Program.

Benefits

Medical
Prescription Drug
Dental
Vision
Health Savings Account
Dependent Day Care Savings Account
Life Insurance
Disability and Other Insurance Plans
Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and X Vacation Days annually)
10 Paid Holidays
401(k)
Short/Long Term Disability