EMEA Financial Crime Coverage Associate at Morgan Stanley

Glasgow, Scotland, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

06 Mar, 26

Salary

0.0

Posted On

06 Dec, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Crime, Due Diligence, Risk Assessment, Stakeholder Management, Anti-Money Laundering, Sanctions, Corruption, Client Due Diligence, Training, Compliance, Communication, Corporate Structures, Financial Services, Institutional Clients, Enhanced Due Diligence, Securities Industry, Equities

Industry

Financial Services

Description

EMEA Financial Crime Coverage Associate Glasgow JR024029 We are seeking someone to join us as an EMEA Financial Crime Coverage Associate in the Firm's Legal and Compliance Division ('LCD') to conduct due diligence reviews of higher risk clients and provide advisory on financial crime and client risk matters to the Firm's institutional businesses. 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 Global Financial Crimes ('GFC'). As a department within LCD, GFC plays a critical role in implementing the Firm's enterprise-wide 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. The GFC Institutional Securities Group ('ISG') Coverage team is focused on the anti-money laundering obligations associated with the Institutional Equity, Fixed Income, and Investment Banking Divisions for EMEA. The team is responsible for implementing and executing the AML Program for ISG clients, including due diligence associated with new clients and accounts and timely, value-added advisory on financial crime risk issues associated with existing clients. 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: As EMEA Financial Crime Coverage Associate, you will: - Review enhanced due diligence for both new and existing higher risk clients including analysing corporate structures and other documentation as necessary. - Assess and provide guidance on the appropriate risk rankings for institutional clients. - Build relationships and ensure effective partnerships with key stakeholders in regional Businesses, Operations, and other teams within LCD across EMEA and globally. - Act as trusted advisor to the ISG business units in EMEA in relation to financial crime (money laundering, corruption, sanctions) and client due diligence matters. - Support change and remediation initiatives focused on enhancing the Firm's financial crime compliance framework, and drive efficiencies and improvements to existing systems and processes, where possible. - Conduct financial crime trainings within LCD and for 1L stakeholders, as appropriate. What we’re looking for: - At least 4 years' relevant experience would generally be expected to find the skills required for this role - University degree or equivalent with strong academic credentials. - Demonstrable experience of managing financial crime risk issues in a financial institution, management consultancy, or government. - Recent experience of Know Your Customer requirements, Enhanced Due Diligence, sanctions, and/or financial crime in an institutional setting is strongly preferred. - Knowledge of the securities industry and products (in particular, Equities, Fixed Income, Commodities) is an advantage. - Strong communication and stakeholder management skills and an ability to build effective partnerships across a large matrix organisation. - Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent certification/license - or certification within first 15 months of employment. Where will you be working? This role is based in 122 Waterloo Street, Glasgow. The office attendance for this role is a minimum of three days per week. WHAT YOU CAN EXPECT FROM MORGAN STANLEY: We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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. Certified Persons Regulatory Requirements: If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks. Flexible work statement Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more. Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.

Responsibilities

As an EMEA Financial Crime Coverage Associate, you will conduct due diligence reviews of higher risk clients and provide advisory on financial crime and client risk matters. You will also build relationships with key stakeholders and support initiatives to enhance the Firm's financial crime compliance framework.