Institutional Securities Group Financial Crimes Advisory Vice President

Morgan Stanley; New York (NY); On-site; USD 120,000 - 210,000; Full time

Job summary

Morgan Stanley is seeking an Institutional Securities Group Financial Crimes Advisory Officer at VP level. The role leads day-to-day execution of the financial crimes program across ISG businesses, including Investment Banking, Global Capital Markets, Fixed Income, Prime Brokerage, Institutional Equities, and Fund Services.

You will provide risk views, manage KYC onboarding, enhanced due diligence, sanctions, and regulatory responses, train staff, and coordinate with Legal, Compliance, Risk and

Qualifications

• 8+ years of relevant experience, preferably at a large/complex financial institution, law firm, or government/regulatory body.
• Detailed understanding of AML and sanctions laws and regulations.
• Solid knowledge of Institutional Securities (M&A, sales and trading, equity underwriting, and debt financing).
• Highly-motivated self-starter able to work independently while collaborating and coordinating as part of a global program.
• Strong analytical and problem-solving skills with 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
• Outstanding interpersonal skills and team-player attitude.

Responsibilities

• Provide day-to-day support of the GFC Advisory Leads across Institutional Equities, Investment Banking/Global Capital Markets, and Fixed Income in connection with Know Your Customer (KYC) onboarding, enhanced due diligence, periodic refresh and transactional due diligence matters
• Develop and communicate a GFC risk view with respect to clients, counterparties, and/or transactions across AML, sanctions, and other financial crimes related risks
• Serve as a primary point of escalation for internal reports of potentially suspicious activity or sanctions compliance matters from the Fund Services business or other GFC teams, and assist in preparing related external reports to relevant regulators
• Advise on customer risk ranking reviews escalated from other GFC teams
• Assist in the review and approval of New Product Approvals for the ISG business
• Provide oversight on the review and resolution 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 support functions including targeted BU-specific sanctions training on 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. and Cayman 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

Skills

8+ yrs exp

AML knowledge

Sanctions knowledge

Institutional Securities

Analytical skills

Communication skills

Project management

Independent worker

Job description

We're seeking someone to join our team as an Institutional Securities Group (ISG) Financial Crimes Advisory Officer

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 a Vice President level position within the Institutional Securities Group (ISG) Financial Crimes Advisory Team in Global Financial Crimes (GFC) that will have responsibility for the day-to-day execution of the overall financial crimes program, covering the Investment Banking, Global Capital Markets, Fixed Income, Prime Brokerage, Institutional Equities, and Fund Services businesses of Morgan Stanley.

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.

What you'll do in the role:

• Provide day-to-day support of the GFC Advisory Leads across Institutional Equities, Investment Banking/Global Capital Markets, and Fixed Income in connection with Know Your Customer (KYC) onboarding, enhanced due diligence, periodic refresh and transactional due diligence matters
• Develop and communicate a GFC risk view with respect to clients, counterparties, and/or transactions across AML, sanctions, and other financial crimes related risks
• Serve as a primary point of escalation for internal reports of potentially suspicious activity or sanctions compliance matters from the Fund Services business or other GFC teams, and assist in preparing related external reports to relevant regulators
• Advise on customer risk ranking reviews escalated from other GFC teams
• Assist in the review and approval of New Product Approvals for the ISG business
• Provide oversight on the review and resolution 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 support functions including targeted BU-specific sanctions training on 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. and Cayman 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

What you'll bring to the role:

• 8+ 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
• Outstanding interpersonal skills and team-player attitude

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 is 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 120000 and 210000 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.