Assistant Vice President, Risk Management

711 MS Smith Barney, LLC; Golden Glades (FL); Hybrid; USD 133,000 - 140,000; Full time

Benefits offered by this job

Telecommuting up to 2 days per week

Competitive compensation

Job summary

Morgan Stanley Smith Barney LLC seeks an Assistant Vice President, Risk Management in Miami, Florida to support enhancement and governance of the Firm's Financial Crimes risk management framework, including AML, KYC, and sanctions across U.S. platforms. Telecommuting up to 2 days per week is permitted.

The role involves interpreting U.S. and international regulatory requirements, translating them into actionable business and operational requirements, and supporting strategic initiatives with

Qualifications

• Master's degree in Law or a related field.
• Two years of experience in the position or equivalent.
• Experience applying AML/CFT regulatory frameworks (BSA/AML, Patriot Act, FinCEN) and related SEC/FINRA/OCC expectations.

Responsibilities

• Support governance of the Financial Crimes risk management framework across U.S. platforms (AML/KYC/Sanctions).
• Interpret regulatory requirements and translate them into actionable business and operational requirements.
• Assist in strategic Financial Crimes initiatives, including process redesign and control enhancements.
• Develop operating models, workflows and governance for scalable program execution.
• Assist in remediation of findings from risk assessments, audits and exams.
• Prepare materials and reports for senior management and governance forums.

Skills

AML/CFT knowledge

Regulatory interpretation

Cross-border risk assessment

Financial crime governance

Analytical writing

Education

Master's degree in Law or related field

Job description

What you’ll do in the role:

Morgan Stanley Smith Barney LLC is seeking an Assistant Vice President, Risk Management in Miami, Florida to support the ongoing enhancement and governance of the Firm’s Financial Crimes risk management framework, across U.S. banking, wealth management, brokerage, and investment management platforms, including AML, KYC, Sanctions, and related regulatory programs. Support the interpretation of U.S. and international regulatory requirements and assist in translating regulatory expectations into actionable business and operational requirements across domestic and cross-border client segments. Support the execution of strategic Financial Crimes initiatives, including process redesign, control enhancements, and program transformation efforts, with a focus on scalable solutions applicable to global client populations and understand of varying jurisdictional requirements. Assist in developing operating models, workflows, and governance structures to support scalable and sustainable program execution applicable across domestic and international client segments. Support the assessment and remediation of findings from risk assessments, internal audits, and regulatory exams, ensuring solutions address both U.S regulatory expectations and international risk considerations. Help ensure appropriate documentation of risk decisions, control enhancements, and program changes. Contribute to initiatives focused on strengthening the Firm’s control environment and enhancing program maturity including improvements to client risk assessment methodologies, enhanced due diligence frameworks, beneficial ownership controls, and cross-border client risk management practices. Support continuous improvement efforts aligned with evolving regulatory expectations, business needs, and operational priorities. Support preparation of materials, reporting, and presentations for senior management and governance forums. Telecommuting permitted up to 2 days per week.

What you’ll bring to the role:

• Requires a Master’s degree in Law or a related field.
• Requires two (2) years of experience in the position offered or two (2) years as an Associate, Enhanced Due‑Diligence, Paralegal, Law Clerk, or a related occupation.
• Requires two (2) years of experience with the following skills: Applying knowledge of U.S. Anti-Money laundering and Counter‑Terrorist Financing (AML/CFT) regulatory frameworks, including requirements under the Bank Secrecy Act, USA Patriot Act, FinCEN Regulations, and the FFIEC BSA/AML Examination Manual; Anti‑Money laundering and Know‑Your‑Customer compliance obligations under SEC regulations, FINRA rules, Federal Reserve supervisory expectations, OCC guidance, and the Investment Advisers Act of 1940 and Securities Exchange Act of 1934; Assessing international financial crime risks, including multi‑jurisdictional regulatory frameworks, cross‑border client structures, and differences in beneficial ownership, corporate registries, and legal transparency regimes; Understanding of financial crime typologies across jurisdictions, including risks related to offshore structures, shell companies, money laundering, corruption‑related proceeds, and politically exposed persons (PEPs), with particular exposure to Latin American regulatory and risk environments; Utilizing knowledge of financial crime risk typologies relevant to Latin America, including risk associated with offshore structures, shell companies, trade‑based money laundering, corruption‑related proceeds, politically exposed persons, and complex cross‑border asset flows, and assessing how their risks intersect with U.S. regulatory expectations for financial institutions onboarding international clients; Assessing and evaluating financial crime risk holistically, including identifying risk drivers, control gaps, and jurisdictional exposure; Analyzing and interpreting complex legal documentation to understand ownership structures, control dynamics, and beneficial ownership, including opaque or layered entities across jurisdictions; Translating regulatory requirements and policy expectations into actionable business processes, controls, and technology requirements, ensuring effective and scalable implementation; Interpreting evolving regulatory frameworks and legal standards (U.S. and International), and translate them into actionable compliance controls policies, and operational procedures; Applying critical analysis to financial crime risk assessment, including evaluating risk indicators, applying AML typologies, and assessing effectiveness of controls; Developing clear, structured and persuasive materials, including dissertations, cases, opinions, policy documentation, executive presentations, and risk assessments to influence consensus and drive stakeholder alignment.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work‑life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Expected base pay rates for the role will be between $133,000 and $140,000 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.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents. Our workforce reflects a broad cross‑section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences. For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.

At Morgan Stanley, we advise, originate, trade, manage and distribute capital for people, governments and institutions, always with a standard of excellence and guided by our core values. Morgan Stanley is dedicated to providing first‑class service to our clients, in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world. In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading‑edge solutions—and in the ability of capital to work for the benefit of all society.