Global Financial Crimes: Institutional Securities Group Financial Crimes Advisory Officer - Morgan Stanley
New York, NY
About the Job
Job Number:
3250301Posting Date
: Apr 16, 2024Primary Location
: Americas-United States of America-New York-New YorkJob
: OtherDescription
Discover your next career opportunity with Morgan Stanley, where we are committed to helping our employees build meaningful careers, and where you can learn, achieve, and grow. Across the globe, we believe our greatest asset is our people. As part of our commitment to excellence, and to you, we offer a comprehensive suite of benefits, programs, and perks. From adoption assistance benefits to Zipcar memberships, the Firm's 250+ employee programs have you covered from A to Z.
We stand for doing the right thing, putting clients first, leading with exceptional ideas, committing to diversity and inclusion, and giving back.
About Global Financial Crimes
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.
Your Key Responsibilities:
As an Institutional Securities Group (ISG) Financial Crimes Advisory Officer in GFC, you will:
> Advise on 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
> 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
> 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
> Develop and communicate a GFC risk view with respect to clients, counterparties, and/or transactions across AML, sanctions, and other financial crimes related risks
> 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
> 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
> Serve on various business, compliance, and risk committees
> Represent the Firm in relevant industry groups and other external forums
Qualifications
What We're Looking for in You
> 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, including M&A, sales and trading, equity underwriting, and debt financing, and the 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
> 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.
Where You'll be Working
This role will require in office attendance 3 days/week. Two of those days will be Anchor Days where you will be in the office with your teammates to learn, grow, and collaborate in person.
Equal Opportunities Statement
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.
Expected base pay rates for the role in New York will be between 110000 and 190000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.