Global Financial Crimes Client Risk Unit Associate

474 MS Services Group, Inc.; Dallas (TX); On-site; USD 77,000 - 117,000; Full time

Job summary

Morgan Stanley is seeking an Associate-level Client Risk Unit Professional to join Global Financial Crimes in the Legal & Compliance division. You will evaluate relationships with high financial crime risk, oversee enhanced due diligence, and help ensure compliance across AML, sanctions, anti-corruption, and government activities.

In-person, 4 days in-office, with eventual transfer to Dallas, TX. Responsibilities include reviewing due diligence, analyzing negative news, determining risk

Qualifications

• Strong analytical capabilities and attention to detail.
• Excellent written and verbal communication skills.
• Experience evaluating high-risk client relationships and performing enhanced due diligence.
• Understanding of AML, sanctions, anti-corruption regulations.
• Ability to partner with multiple stakeholders and provide guidance.

Responsibilities

• Review enhanced due diligence for new and existing high-risk clients.
• Analyze and elevate financial crimes negative news as needed.
• Determine and provide guidance on client risk ranking.
• Review client accounts for matches to sanctions lists and prohibited persons.
• Engage internal and third-party databases for due diligence searches.
• Develop understanding of AML regulations, policies and procedures.
• Provide policy guidance to stakeholders.
• Conduct trainings for stakeholders.

Skills

Analytical skills

Communications

Due diligence

Risk assessment

Regulatory knowledge

Bilingual (Spanish/Portuguese)

Job description

We're seeking someone to join our team as a Client Risk Unit Professional in Global Financial Crimes. 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. This is an Associate level position within the Client Risk Unit team which is responsible for evaluating client relationships that pose the highest financial crimes risk, while also serving as a check and challenge over the first line's execution of enhanced due diligence. 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. 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.

What you'll do in the role:

• Review enhanced due diligence for both new and existing higher risk clients including analyzing corporate structures and other documentation as necessary
• Analyze and elevate financial crimes negative news as necessary
• Determine and provide guidance on the appropriate client risk ranking
• Review of client accounts for potential matches to designated sanctions targets and prohibited persons lists
• Engage various third-party and internal databases to assist with due diligence searches as needed
• Develop an understanding of anti-money laundering regulations, policies, and procedures
• Provides guidance on policy and procedures to various stakeholders
• Conduct trainings to various stakeholders

What you'll bring to the role:

• Strong analytical skills
• Excellent written and verbal communications skills, attention to detail and strong time management skills
• Ability to interact in a mature and professional manner with a variety of individuals
• General knowledge of investing and markets and the ability to research or must evidence the ability to learn and adapt quickly
• Excellent judgment, initiative, and adherence to deadlines
• Ability to interact with branch office and business unit personnel and be willing to receive and apply feedback on work product from supervisor(s)
• Fluent in Spanish or Portuguese desired but not required
• Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license - or certification within first 15 months of employment

Please note that the location listed for this role is temporary. The position’s work location will transition to 1445 Ross Ave, Dallas, TX 75202 at a future date. In-Person interviews will be required for the role. 4 days in office required.

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 than80,000 employees in1,200 offices across42countries. 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.

Texas: Expected base pay rates for the role will be between77000and116750per 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.

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