Global Financial Crimes Sanctions Officer - Vice President

Morgan Stanley

29d•Hybrid

About The Position

The GFC Monitoring and Screening Controls team is a central program management team of specialists and experts responsible for managing complex, cross-functional initiatives as well as the development, enhancement and governance of technology controls that support the Firm's AML, KYC and Sanctions obligations. The team includes suspicious activity/AML transaction monitoring, sanctions evasion controls (including name and transaction screening, sanctioned securities controls, geo-location monitoring), NNS and PEP screening, customer activity reviews and the Enterprise Customer Risk Ranking (ECRR) program. We're looking for experienced professional to join the GFC Sanctions Screening team to drive and enhance the Firm's economic sanctions controls, driving and transforming the Firms systems and controls related to Sanctions Screening. The candidate will be responsible for the development and maintenance of the Firms Client data screening model and will plan and oversee the end-to-end execution of complex projects (technical and non-technical) to transform these programs. The successful candidate will collaborate with GFC's Advisory, Sanctions Compliance and Sanctions Counsel teams, and work very closely with the Firm's Business Units, Operations, and Technology teams while leveraging their strong technical expertise and knowledge to develop and enhance automated control frameworks.

Requirements

7+ years relevant work experience, preferably at a large/complex financial institution with a focus on sanctions controls, financial crimes controls, trading operations and/or risk management
Strong understanding of financial markets, payments systems and infrastructure
Experience owning regulatory screening or surveillance platforms, as well as engagement with model risk management
Experience conducting and/or overseeing system testing and tuning
Knowledge of global sanctions programs administered and enforced across Americas and EMEA (e.g., OFAC, OFSI, UNSC), and the relevant control environments to mitigate sanctions evasion risk
Proven ability to take ideas forward and to challenge others with integrity and maturity
Strong organizational skills and an ability to manage multiple demands and changing priorities
Excellent written and verbal communication skills, with the ability to present complex information in a clear and concise manner, including experience collating information in response to regulatory and other related inquiries
Experience scoping, developing and prioritizing plans for strategic pieces of work
Ability to identify, monitor and manage project risks, issues and dependencies and agree appropriate risk responses
Technology savvy with ability to quickly learn new systems and tools, and to identify and implement enhancements
Familiar with Agile methodology and relevant productivity software such as Jive, Jira, and Tableau
Ability to perform analysis, identify problems, and design solutions in a collaborative manner within a fast-paced environment
Outstanding judgement, analytical skills, and critical thinking, including ability to analyze data to draw conclusions/themes and think strategically about presentation of materials
Ability to work in a proactive and self-directed way with minimal direction and task management
Strong interpersonal and teamwork skills
Excellent MS Office skills, including Excel, PowerPoint, and Teams

Responsibilities

Assist with establishing and overseeing the Firm's end-to-end sanctions screening controls, ensuring compliance with applicable sanctions programs (e.g., OFAC, EU, UK, UN, etc.)
Oversee the design, development and ongoing maintenance of the Firms sanctions reference data screening models
Support the business-as-usual sanctions evasion controls, including process improvements, technology upgrades, and regulatory imperatives.
Collaborate with team members and external stakeholders to communicate project status to senior management and to identify and resolve project challenges, and escalate risks and issues as needed.
Assist with responding to regulatory exams, inquiries and internal audits, including overseeing document production
Work with GFC subject matter experts to determine the impact of regulatory changes and to ensure the GFC Program remains aligned with regulatory requirements
Participate in the development and implementation of policies, procedures and training programs related to financial crime risk management.
Facilitate and attend key governance forums (working groups, steering committees, etc.), partnering with senior stakeholders to develop materials, streamline processes and addressing challenges to drive decision making
Maintain procedures relating to transactions screening execution and maintenance
Support the ongoing creation of key performance and key risk metrics
Coordinate with GFC Model Risk Control team and LCD's Quantitative Data Analytics team to develop new controls to address regulatory inquiries, support remediation, and manage the periodic review and optimization of those controls,
Identify opportunities to improve the effectiveness and efficiency of the overall Program
Maintain awareness of regulatory changes related to economic sanctions.