Anti-money Laundering Risk – Enhanced Due Diligence (AML Risk Assistant Vic at Morgan Stanley

Tampa, Florida, United States -

Full Time

Start Date

Immediate

Expiry Date

13 Jan, 26

Salary

0.0

Posted On

15 Oct, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Anti-Money Laundering, Risk Assessment, Due Diligence, Bank Secrecy Act, Source Of Wealth Examination, Know Your Customer, Customer Identification Program, Interpersonal Skills, Communication Skills, Analytical Skills, Problem Solving, Multitasking, Confidentiality, Teamwork, Initiative, Integrity

Industry

Financial Services

Description

The AML Risk AVP will be responsible for overseeing due diligence and risk-relevant activities related to AML. The AVP will assess Bank Secrecy Act (BSA), anti-money laundering, and reputational risk matters identified through the execution of the Firm's protocols for both new and existing customers. This primarily includes reviewing, assessing and, where necessary, escalating certain clients' source of wealth to examine potential ML risk exposure for the Firm. Source of wealth encompasses the business, employment, or other activities that have contributed to the total worth of an individual or entity. In addition, the AML Risk AVP will have ultimate responsibility for escalating risk issues related to these processes with a particular focus on reviewing certain new and existing clients' source of wealth. - Have 5+ years of relevant experience with BSA/AML Regulations within the financial services industry, or at a financial services regulator (e.g., FINRA, Securities and Exchange Commission, Office of the Comptroller of the Currency, Federal Reserve Bank, etc.) - Have a bachelor's degree in business, Finance, or other related field - Experience focused on examining potential clients' source of wealth during the client onboarding process - Strong knowledge of Know Your Customer, Customer Identification Program and CDD requirements - Strong interpersonal skills and ability to communicate effectively both verbally and in writing - Evidence a strong work ethic as well as a high degree of integrity Ability to: - take initiative, analyze, summarize, and communicate effectively - investigate, identify issues, impacts and trends to propose comprehensive solutions - multitask effectively and action matters promptly - work independently and in a team environment - handle highly confidential information with appropriate discretion - work in a high volume, fast paced environment; and - work in a matrixed organization; leveraging resources across the organization to complete deliverables. - Expertise in examining potential clients' source of wealth during the client onboarding process; and/or - Certified as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license is a plus 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. 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. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Responsibilities

The AML Risk AVP will oversee due diligence and risk-relevant activities related to AML, assessing BSA, anti-money laundering, and reputational risk matters. This includes reviewing and escalating clients' source of wealth to examine potential money laundering risk exposure for the Firm.