Financial Crimes Risk and Client Onboarding, Vice President, México

at  Morgan Stanley

Financial Crimes Risk and Client Onboarding, Vice President, México
Job Number:

3250941
POSTING DATE: Aug 17, 2024
PRIMARY LOCATION: Americas-Mexico-Distrito Federal-Mexico City
JOB: Risk Management
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Vice President

DESCRIPTION

Company Profile
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm’s employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries.
As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethics. Morgan Stanley can provide a superior foundation for building a professional career – a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
Department Profile
The Financial Crimes Risk and Client Onboarding (“FCR”) Team is embedded within the Firm’s business line. It is responsible for identifying, assessing, and escalating potential money laundering and reputational risk issues associated with higher risk client types. The FCRCO Team is considered the first line of defense and supports the onboarding and enhanced due diligence processes for Morgan Stanley.
Primary Responsibilities
Review Enhanced Due Diligence (“EDD”) files and EDD Forms specifically to assess AML risks

Understand and assess overall client risk and provide approval based on client risk and respective risk mitigants

• Serve as a point of contact for questions, issues and escalations related to the review of certain clients AML risk factors
• Coordinate with Client Onboarding and Regulatory Services (“CORS”), Global Financial Crimes (“GFC”), or other Firm Groups, as necessary
• Represent the ISG FCRCO Team in relevant governance forums
• Provide supervisory support and training for EDD Associates through developing individual and team skills and providing timely, constructive feedback
• Challenge existing systems and processes, looking for enhancements and efficiencies where possible
• Support work on other special projects, as needed

Role will require in office attendance 5 days/week.

QUALIFICATIONS

Experience Required:

• 5+ years professional experience in a financial crimes/anti-money laundering group (or similar) at a financial institution
• Bachelor’s degree or equivalent

Skills Required:
Strong knowledge of AML regulatory requirements and expectations (Domestic - US and International - non-US)
Strong analytical skills to identify and assess relevant AML risks including all screening results
Strong interpersonal skills and ability to communicate effectively both verbally and in writing
Intermediate to Advanced knowledge of Microsoft Office tools (Word, PowerPoint, Excel, and Access)
Strong leadership qualities with the ability to manage teams and evidence a strong work ethic as well as a high degree of integrity

Strong knowledge of business, products, operations, systems and organization

• VPs/AVPs assisting with complex cases: Ability to leverage investigative or due diligence skills to work on complex files
• Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license – or certification within first 15 months of employment

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 matrixed organization, leveraging resources across the organization to complete deliverables
Work in a high volume, fast paced environment
Additional Skills Desired:
VPs/AVPs working on international files: Strong foreign language/translation skills in: Spanish, Portuguese, French, Mandarin, Cantonese, Arabic, Russian, Hindi, Urdu, Punjabi, Italian, or African languages

Please refer the Job description for details