Global Financial Crimes Client Risk Unit Vice President

Morgan Stanley; Dallas (TX); On-site; USD 110,000 - 163,000; Full time

Job summary

Morgan Stanley is seeking a Vice President in Global Financial Crimes within Legal and Compliance to advise on client risk and due diligence. The role involves evaluating high-risk relationships, coordinating with the Firm to strengthen the Financial Crimes Prevention Program, and leading trainings for stakeholders in a complex, global environment.

The position requires 7+ years in AML/financial crimes, 5+ years of managerial experience, and strong analytical and communication skills.

Qualifications

• Bachelor's degree or equivalent military experience required.
• 7+ years of AML/financial crimes experience; large/complex institution preferred.
• 5+ years of managerial experience.
• Fluent in Spanish or Portuguese desirable but not required.
• ACAMS or equivalent AML certification required within first 15 months of employment.

Responsibilities

• Oversee CRU professionals and provide advisory support on KYC onboarding and EDD.
• Support projects to mitigate money laundering and other financial crimes exposure.
• Review enhanced due diligence for high-risk clients and analyze corporate structures.
• Evaluate and elevate financial crimes negative news as needed.
• Provide guidance on client risk ranking and sanctions checks.
• Coordinate with internal databases for due diligence searches.
• Develop understanding of AML regulations, policies and procedures.
• Deliver trainings to stakeholders and ensure compliance program execution.

Skills

Analytical skills

Attention to detail

Written and verbal communication

Team collaboration

Self-motivated

Time management

Spanish/Portuguese language (desirable

Education

Bachelor's degree or equivalent military experience

ACAMS or equivalent AML certification

Job description

We are seeking someone to join our team as a Global Financial Crimes: Client Risk Unit Vice President in Legal and Compliance to provide advisory support on client risk and due diligence matters, and partner across the Firm to support effective execution of the Financial Crimes Prevention Program.

In the Legal & Compliance division, we assist the Firm in achieving its business objectives by facilitating and overseeing the Firms management of legal, regulatory and franchise risk. This is a VP level position within the Global Financial Crimes: Client Risk Unit 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 lines 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, 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

• Manage, recruit and maintain oversight of CRU Professionals Serve as a point of escalation and provide advisory support, guidance, and effective challenge in connection to KYC Onboarding and EDD with respect to clients and counterparties.
• Support key projects and initiatives related to assessing and mitigating the Firm's exposure to money laundering and other financial crimes
• 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
• Provide guidance on policy and procedures to various stakeholders
• Conduct trainings to various stakeholders
• Liaise and coordinate within GFC and key stakeholders across the Firm to ensure appropriate execution of the Firm's Financial Crimes Prevention Program

What You'll Bring To The Role

• Bachelor's degree or equivalent military experience
• 7+ years of relevant anti-money laundering and/or financial crimes experience, preferably at a large/complex financial institution, law firm or government/regulatory body
• 5+ years of relevant managerial experience
• Ability to understand and assess a wide variety of complex products, services and client types
• High motivated self-starter able to work independently while collaborating and coordinating as part of a global program
• Strong analytical skills with an ability to understand complex workflows and excellent attention to detail
• 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
• Strong 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 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.

Texas: Expected base pay rates for the role will be between $110,000 and $162,500 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.