Global Financial Crimes Sanctions Director (AVP)

Morgan Stanley•New York, NY

1d•$90,000 - $155,000•Hybrid

About The Position

We are seeking someone to join our team as a Global Financial Crimes (GFC): Sanctions Compliance Professional. 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 Director level position within the Compliance team, where you will be responsible for for 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) 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. What you'll do in the role:

Requirements

Strong academic credentials
5+ 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 across EMEA and by OFAC
Experience in configuration of client and transactional screening technologies and management of alert disposition processes
Strong project management skills
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
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

Assist in the ongoing development, administration, and implementation of the Firm's economic sanctions compliance program
Review and investigate escalated payments and/or transactions identified for potential matches to sanctions lists; ensure prompt handling and response
Address sanctions related queries from first line risk, business, and operations groups with respect to sanctioned products and related risks
Work with GFC business advisory and legal teams, 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
Draft, maintain and implement economic sanctions policies and procedures, where appropriate
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
Develop, recommend, and implement risk-based processes and controls to ensure business unit compliance with economic sanction, especially emerging regimes, and programs
Develop content for and deliver specialized training to relevant internal audiences concerning economic sanctions for both in-person and Firm-wide online training modules
Coordinate with the Risk Assessment team on the yearly economic sanctions Risk Assessment
Conduct ad hoc due diligence projects arising from the administration of the economic sanctions program
Assist with responding to regulatory exams and inquiries and internal audits, including overseeing document productions
Collect, interpret, and escalate metrics and other management information regarding sanctions compliance-related events.