Assistant Vice President – First Line Financial Crimes Risk Officer Team

Morgan Stanley; Purchase (NY); On-site; USD 85,000 - 135,000; Full time

Job summary

An established industry player is seeking an Assistant Vice President to join its Financial Crimes Risk Officer Team. This role offers the opportunity to lead project management initiatives and develop effective business processes aimed at mitigating financial crimes. The successful candidate will collaborate with various stakeholders, ensuring timely project completion while maintaining high standards of integrity and excellence. With a commitment to diversity and inclusion, this dynamic firm provides a supportive environment for professional growth. If you are a motivated self-starter with strong analytical skills, this is the perfect opportunity to advance your career in a global financial services firm.

Qualifications

• Strong analytical skills and attention to detail are crucial for this role.
• Experience in project management or business analysis is preferred.

Responsibilities

• Lead project management support for the Financial Crimes Risk team.
• Monitor project deliverables and ensure timely completion.

Skills

Attention to detail

Project management

Communication skills

Analytical skills

Collaboration skills

Self-motivation

Ownership and accountability

Education

Bachelor's Degree

Job description

Job Description - Assistant Vice President – First Line Financial Crimes Risk Officer Team (3264502)

Job Number:

3264502

Posting Date:

Jan 13, 2025

Primary Location:

Americas-United States of America-New York-Purchase

Education Level: Bachelor's Degree

Job:

Wealth Management

Employment Type: Full Time

Job Level: Assistant Vice President

Description:

Morgan Stanley is a global financial services firm that conducts its business through three principal business segments—Institutional Securities, Wealth Management (WM), and Asset Management. Morgan Stanley provides comprehensive financial advice and services to its clients including brokerage, investment advisory, financial and wealth planning, credit and lending, deposits and cash management, annuities, insurance, retirement, and trust services.

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 doing the right thing, putting clients first, leading with exceptional ideas and a commitment to diversity and inclusion. Morgan Stanley can provide a superior foundation for building a professional career – a place for people to learn, achieve, and grow.

The WM and U.S. Banks Financial Crimes Risk Team is embedded within the Firm’s business line. It is responsible for identifying, assessing, and escalating potential money laundering and reputational risk issues associated with higher risk client types. The WM and U.S. Banks Financial Crimes Risk Team is considered the first line of defense and supports the onboarding, enhanced due diligence, and negative news processes for Morgan Stanley.

Morgan Stanley is seeking an Assistant Vice President (AVP) to provide support to the U.S. Banks Financial Crimes Risk Office (FCRO) team.

Key Responsibilities:

1. Lead and provide Project Management support for initiatives identified by the U.S. Banks FCRO team
2. Assess current state business processes and help design and develop a robust framework and effective business processes for the First Line Financial Crimes Risk platform
3. Facilitate and host meeting discussions for project tracking, problem solving, and addressing and escalating issues
4. Influence and collaborate effectively with the First Line Financial Crimes Risk and their stakeholders
5. Monitor deliverables and ensure timely completion of projects
6. Develop concise and effective presentations for senior leadership
7. Perform and oversee the Currency Transaction Reporting (CTR) review process
8. Actively identify and define the improvement opportunities for CTR process

Qualifications:

Required Skills:

1. Attention to detail and ability to prioritize projects and workload
2. Self-motivator and team player who brings a “can-do” approach
3. Strong interpersonal and communication skills
4. Good collaboration skills in a team-oriented environment
5. Strong quantitative and qualitative analytical skills and a creative and flexible approach to problem solving
6. Strong sense of ownership and accountability for work
7. Ability to influence stakeholders and drive projects through to completion

Preferred Qualifications:

1. Undergraduate degree
2. Experience in project management &/or business analysis work is a plus

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law. Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).

Expected base pay rates for the role will be between $85,000 and $135,000 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.