Investment Banking Divisional Management Business Control Unit Associate - New York

Morgan Stanley • New York, NY

288d • $85,000 - $140,000

About The Position

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture. Morgan Stanley's Investment Banking Division (IBD) builds and maintains close relationships with corporations and governments around the world in order to provide both traditional and innovative solutions that meet their individual strategic and financial needs. The IBD Business Control Unit within IBD Management supports IBD in executing a variety of strategic, financial and regulatory initiatives, including the client and transaction onboarding process to meet the Firm's regulatory and internal requirements as related to assessments of Know Your Customer (KYC), anti-money laundering, anti-corruption, sanctions and franchise-related matters. This position provides an opportunity to support the oversight of the onboarding process for the IBD and Global Capital Markets (GCM) businesses.

Requirements

• Bachelor's degree, with 2 to 4 years of relevant financial industry experience; experience with KYC and anti-financial crimes related regulatory requirements a plus
• Solid analytical skills, with familiarity or interest in investment banking and capital markets activities and products
• Strong verbal and written communication skills
• Ability to establish and maintain positive intra-department and cross-functional working relationships
• Solution-oriented, with ability to 'think out of the box' and to manage to tight timelines
• Ability to work independently, with strong attention to detail
• Ability to work effectively in a team environment

Responsibilities

• Provide guidance to investment banking and global capital markets and/or operations teams on satisfying onboarding requirements for a given transaction
• Monitor progression of outstanding onboarding processes and work with investment banking and global capital markets teams and relevant functions to progress processes as needed
• Support the completion of diligence reviews for a given transaction, including assessing potential issues, coordinating between deal team and relevant control functions and escalating issues as needed
• Communicate developments on transactions to senior stakeholders
• Develop and implement strategic enhancements to the IBD and GCM onboarding process and related controls
• Produce onboarding-related reporting and training materials for senior audiences
• Opportunity to support additional strategic initiatives and projects for the IBD Management team

Benefits

• Comprehensive employee benefits and perks
• Commission earnings
• Incentive compensation
• Discretionary bonuses
• Short and long-term incentive packages

What This Job Offers

• Career Level: Entry Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree