Financial Crime Risk and Client Onboarding - Vice President

Job Description

Financial Crime Risk and Client Onboarding - Vice President London About Morgan Stanley Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. 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 ethic. We 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 Firms business line. It is responsible for identifying, assessing, and escalating potential money laundering and reputational risk issues associated with higher risk clienttypes. The FCRCO Team is considered the first line of defense and supports the onboarding and enhanced due diligence processes for Morgan Stanley. What will you be doing • Reviewing Enhanced Due Diligence (EDD") files and EDD Forms specifically to assess AML risks • Understanding and assessing overall client risk and providing approval based on client risk and respective risk mitigants • Serving as a point of contact for questions, issues and escalations related to the review of certain clients AML risk factors • Coordinating with Client Onboarding and Regulatory Services (CORS"), Global Financial Crimes (GFC"), or other Firm Groups, as necessary • Representing the ISG FCRCO Team in relevant governance forums • Providing supervisory support and training for EDD Associates through developing individual and team skills and providing timely, constructive feedback • Challenging existing systems and processes, looking for enhancements and efficiencies where possible • Supporting work on other special projects, as needed What were looking for: • Professional experience in a financial crimes/anti-money laundering group (or similar) at a financial institution commensurate with Vice President level. 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: • Experience working on international files: Strong foreign language/translation skills in: Spanish, Portuguese, French, Mandarin, Cantonese, Arabic, Russian, Hindi, Urdu, Punjabi, Italian, or African languages Where will you be working • 20 Bank Street, E14 4AD • This role will require office presence for 5 days per week. 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. Internal Applicants: Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can findout more regarding career navigation, mobility guidelines and policy on our employee portal by clicking here . Equal opportunities statement: 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 sectionof 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 individualsbased on their skills and talents.