Global Financial Crimes - Private Wealth Management VP at Morgan Stanley

, , Singapore -

Full Time

Start Date

Immediate

Expiry Date

16 Feb, 26

Salary

0.0

Posted On

18 Nov, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Crimes Compliance, Private Wealth Management, KYC, Client Due Diligence, Anti-Money Laundering, Team Management, Regulatory Compliance, Training Development, Risk Assessment, Policy Development, Due Diligence, Client Risk Management, Regulatory Monitoring, Document Production, Coaching, Transaction Due Diligence

Industry

Financial Services

Description

1. Oversee the GFC PWM Client Risk Unit (CRU) and serve as point of escalation in Singapore on matters related to review of higher risk clients during onboarding, periodic review and trigger events. 2. Manage, develop and coach the CRU team to enhance their subject matter expertise in support of the Firm's GFC program. 3. Advise on transactional due diligence with respect to clients, counterparties, co-investors, and target companies or assets and provide guidance to the business on due diligence requirements. 4. Supervise KYC and client due diligence processes including assessing the financial crime risk associated with potential and existing high-risk clients via the EDD process. 5. Draft, revise and execute on policies and procedures. 6. Develop content and deliver training to the business units, Risk, Operations and other functions. 7. Monitor regulatory developments and new rules or requirements. 8. Assist with responding to regulatory exams and other inquiries and internal audits, including overseeing document production. > Bachelor's degree. > At least 8 years of relevant experience in Financial Crimes Compliance preferably relating to private wealth business in the banking sector. > Strong working knowledge of Singapore's AML/CFT and sanctions laws and regulations. > Experience in managing a team and working with overseas counterparts. > Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license - or certification within first 15 months of employment. We have a track record of innovation and passion for unlocking new opportunities, we help our clients raise, manage and allocate capital. We do this by offering a wide range of investment banking, securities, wealth management and asset management services. These aren't just beliefs, they guide the decisions we make every day, ensuring we do what's best for our clients, communities and more than 80,000 employees around the world. And at the core of our success are the people who drive it - relentless collaborators and creative thinkers who are fueled by diverse thinking and experiences. Wherever you are in our 1,200 global offices, you'll have the opportunity to work alongside the best and the brightest in an environment where you are empowered to achieve your full potential. 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. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser. 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. 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. 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

Oversee the GFC PWM Client Risk Unit and manage the team to enhance their expertise in financial crimes compliance. Advise on due diligence processes and supervise KYC and client due diligence for high-risk clients.