Global Financial Crimes: Client Risk Unit Vice President at Morgan Stanley

Baltimore, Maryland, United States -

Full Time

Start Date

Immediate

Expiry Date

03 Feb, 26

Salary

165000.0

Posted On

05 Nov, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Anti-Money Laundering, Financial Crimes, KYC Onboarding, Enhanced Due Diligence, Analytical Skills, Attention to Detail, Written Communication, Verbal Communication, Time Management, Client Risk Ranking, Corporate Structures, Sanctions Targets, Database Engagement, Judgment, Initiative, Team Collaboration

Industry

Financial Services

Description

As a Client Risk Unit Manager in GFC, you will: - Manage, recruit and maintain oversight of CRU Professionals - Serve as a point of escalation and provide advisory support, guidance, and effective challenge in connection to KYC Onboarding and EDD with respect to clients and counterparties. - Support key projects and initiatives related to assessing and mitigating the Firm's exposure to money laundering and other financial crimes - Review enhanced due diligence for both new and existing higher risk clients including analyzing corporate structures and other documentation as necessary - Analyze and escalate financial crimes negative news as necessary - Determine and provide guidance on the appropriate client risk ranking - Review of client accounts for potential matches to designated sanctions targets and prohibited persons lists - Engage various third-party and internal databases to assist with due diligence searches as needed - Develop an understanding of anti-money laundering regulations, policies, and procedures - Provide guidance on policy and procedures to various stakeholders - 8+ years of relevant anti-money laundering and/or financial crimes experience, preferably at a large/complex financial institution, law firm or government/regulatory body - Ability to understand and assess a wide variety of complex products, services and client types - High motivated self-starter able to work independently while collaborating and coordinating as part of a global program - Strong analytical skills with an ability to understand complex workflows and excellent attention to detail - Excellent written and verbal communications skills, attention to detail and strong time management skills - Ability to interact in a mature and professional manner with a variety of individuals - Strong knowledge of investing and markets and the ability to research or must evidence the ability to learn and adapt quickly - Excellent judgment, initiative, and adherence to deadlines - Ability to interact with branch office and business unit personnel and be willing to receive and apply feedback on work product from supervisor(s) - Fluent in Spanish or Portuguese desired but not required - Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license - or certification within first 15 months of employment 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. Salary range for the position: $95000 - $165000 Yr. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit's incentive compensation plan, which also may include a discretionary bonus component. Please visit mybenefits.morganstanley.com to learn more about our benefit

Responsibilities

Manage and oversee Client Risk Unit professionals while providing advisory support related to KYC onboarding and enhanced due diligence. Support projects aimed at mitigating the firm's exposure to financial crimes and review due diligence for high-risk clients.