Institutional Securities Group Financial Crimes Advisory Vice President

474 MS Services Group, Inc.; New York (NY); On-site; USD 120,000 - 210,000; Full time

Job summary

Morgan Stanley is seeking an Institutional Securities Group (ISG) Financial Crimes Advisory Officer to lead the day-to-day execution of the financial crimes program across ISG businesses. You will manage KYC onboarding, enhanced due diligence, and sanctions matters while developing risk views and escalating issues as needed.

Ideal candidates bring 8+ years of AML/sanctions experience, strong communication, and the ability to operate in a global, fast-paced environment.

Qualifications

• 8+ years of relevant experience in financial services or regulatory roles.
• Detailed understanding of AML laws, sanctions and anti-corruption rules.
• Solid knowledge of Institutional Securities products and transactions.
• Strong written and verbal communication with attention to detail.
• Proven ability to manage multiple tasks in a global program.

Responsibilities

• Provide day-to-day support across multiple business lines on KYC and due diligence.
• Develop and communicate a GFC risk view for clients and transactions.
• Escalate suspicious activity or sanctions issues and assist regulatory reporting.
• Advise on customer risk ranking reviews and New Product Approvals.
• Oversee negative news review and sanctions escalations.
• Draft and revise GFC policies; train BU teams on sanctions risks.
• Respond to regulatory exams and inquiries; coordinate data collection.
• Coordinate with Legal, Compliance and Risk across the firm.

Skills

KYC onboarding

Enhanced due diligence

Sanctions risk

Regulatory reporting

New product approvals

Sanctions escalations

Policies & procedures

Training delivery

Regulatory interpretation

Regulatory exams preparation

Cross-functional liaison

Risk committee participation

Industry representation

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, counter parties, 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, counter parties, 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 escalat issues internally
• 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’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 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.

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.