Global Financial Crimes: Wealth Management Advisory Officer - Vice President

Morgan Stanley•Spring Valley, NV

1d•Hybrid

About The Position

We are seeking someone to join our team as a Global Financial Crimes (GFC) : Morgan Stanley Wealth Management Advisory Officer. 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 Wealth Management (WM) GFC Advisory team which is responsible for the day-to-day execution of the overall financial crimes program for the Firm's WM business. The team provides financial crimes related advice and guidance to business units, including serving as an escalation point on financial crimes issues and liaising with key stakeholders across the Firm, including Legal, Compliance, Regulatory Relations, and Risk, to ensure appropriate execution of the Firm's financial crimes prevention program. 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. Global Financial Crimes (GFC) coordinates day-to-day implementation of the Firm's enterprise-wide financial crime prevention efforts. GFC includes several legal and compliance disciplines and has responsibility for governance, oversight, and execution of the Firm's Anti-Money Laundering (AML), Sanctions, Anti-Corruption, Anti-Tax Evasion and Government and Political Activities Compliance programs. As a team member in GFC, you will play a critical role in identifying potentially suspicious activity, protecting vulnerable individuals, and safeguarding the integrity of the financial system. 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 with strong academic credentials
8+ years of relevant anti-money laundering and/or other financial crimes experience, preferably at a large/complex financial institution, law firm, or government/regulatory body
Ability to understand and assess a wide variety of complex products, services, and client types
Highly 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
Deep functional knowledge of the WM/Bank industries and applicable AML KYC rules, regulations, policies, and processes with preferred knowledge of and experience of Anti-Money Laundering (AML) and Sanctions programs.
Excellent verbal and written communication skills. Ability to express complex ideas and risk analysis in formal presentations and written documentation.
Ability to manage timelines/deadlines, multiple projects and prioritize tasks in a rapidly changing environment.
Sound judgment and an ability to appropriately escalate issues internally
Ability to handle highly confidential information with appropriate discretion, develop internal relationships, influence stakeholders, and build consensus, and thrive in an evolving workplace.
Outstanding interpersonal and teamwork skills to collaborate as a global team and build strong relationship with key stakeholders across divisions

Nice To Haves

Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license or certification within first 15 months of employment

Responsibilities

Support key projects and initiatives related to assessing and mitigating the Firm's exposure to money laundering and other financial crimes.
Provide guidance, support, and effective challenge to business teams on issues related to AML, sanctions, and anti-corruption laws and regulations.
Serve as a point of escalation on financial crimes questions and provide support in connection with interpretation of regulations and Firm policies.
Partner with stakeholders to prioritize changes impacting the WM GFC program in a risk-based manner, including those that come through the formal Change Management process.
Decision client matters with significant reputational risk and potential financial crimes exposure.
Assist with GFC WM's responses to relevant regulatory exams and other inquiries, and internal audits, including overseeing data and document productions.
Represent GFC WM on various committees and interact with key stakeholders across the business and risk functions.
Review new product proposals from a financial crimes risk perspective which includes analyzing for potential vulnerabilities related to money laundering, economic sanctions evasion and tax evasion.
Attend any New Product review meetings, including the Firm's New Products Committee (the NPC).
Identify weaknesses, gaps, and areas for enhancement across processes and platforms that impact GFC, determine appropriate solutions and lead corrective action efforts.
Liaise and coordinate within GFC and with key stakeholders across the Firm to ensure appropriate execution of the Firm's WM financial crimes prevention program.