Global Financial Crimes: ISG Advisory Vice President

Morgan Stanley•New York, NY

3d•$120,000 - $205,000

About The Position

We are seeking a Financial Crimes Advisory Officer who will be responsible for the day-to-day execution of the overall financial crimes program, with a focus on providing advisory services related to AML and Sanctions to the ISG Sales & Trading businesses at Morgan Stanley. The Financial Crimes Advisory Officer for the GFC Institutional Securities Group (ISG) Coverage for Sales & Trading and will be based in New York and report directly to the Head of GFC ISG Coverage for Sales and Trading. 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. 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. GFC also develops and/or assists in the development of appropriate policies and procedures, including those designed to assist the business units to know their clients and conduct appropriate due diligence and to prevent, detect and report potentially suspicious activity. GFC has dedicated coverage managers and teams of analysts who advise and counsel each business unit regarding its AML, economic sanctions, anti-corruption, anti-tax evasion, and political activity obligations and its particular clients and transactions. Morgan Stanley is committed to a strong GFC program to protect against the use of the Firm's products, services, and facilities for prohibited transactions or the purpose of evading, avoiding or otherwise circumventing sanctions, AML, anti-corruption, anti-tax evasion, and political activity laws and regulations. The Firm has adopted a comprehensive, risk-based program to ensure compliance with applicable laws, regulations and government guidance. GFC Legal Advisory provides legal advice, expertise, and guidance to all business lines and works closely with senior members of GFC in support of the enterprise-wide program.

Requirements

Minimum of 7-10 years of relevant experience, preferably at a large/complex financial institution, law firm, or government/regulatory body
Detailed understanding of the laws, rules, and regulations pertaining to AML as well as sanctions and anti-corruption
Solid knowledge of Institutional Securities, sales and trading and fixed income
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
Exceptional written and verbal communications skills, attention to detail, and effective time management
Strong project management skills
Sound judgment and an ability to appropriately escalate issues internally
Outstanding 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

Nice To Haves

Juris Doctor (JD) degree with strong academic credentials

Responsibilities

Advise on transactional due diligence with respect to clients, counterparties, co-investors, and target companies/assets and provide guidance to the business on due diligence requirements including risks associated with operating in sanctioned jurisdictions and identifying potential nexus to sanctioned individuals
Serve as point of escalation and provide support in connection with Know Your Customer (KYC) onboarding, enhanced due diligence, periodic refresh and transactional due diligence matters
Develop and communicate a GFC risk view with respect to clients, counterparties, and/or transactions across AML, sanctions, and other financial crimes related risks
Provide oversight and guidance on investment banking and global capital markets transactional deals and coordinate with business unit senior management
Draft/revise and execute on policies and procedures
Develop content and deliver training to the BUs, risk, legal, compliance and other first-line and other support functions including targeted BU specific sanctions training on specific risks associated with relevant products and services
Serve as point of escalation on sanctions questions and provide support in connection with regulatory interpretation and application of facts in connection with policies
Advise on the performance of customer risk ranking reviews
Assist in the review and approval of New Product Approvals
Provide oversight on the review and resolve of negative news and sanctions escalations
Serve on various business, compliance and risk committees
Assist with responding to U.S. regulatory exams and other inquiries, and internal audits, including overseeing document production and data collection in connection with blocked property reporting
Liaise and coordinate within GFC and with key stakeholders across the Firm, including Legal, Compliance, Regulatory Relations, and Risk, to ensure appropriate execution of the Firm's enterprise-wide financial crimes prevention program
Represent the Firm in relevant industry groups and other external forums