The Financial Crimes Risk Officer AVP is responsible for supporting our Financial Crimes Risk Officers in the assessment of new and existing clients to recommend and agree action plans to mitigate residual financial crimes risk. This position will work closely with first, second, and third-line stakeholders to help ensure the business is compliant with all relevant Financial Crimes standards, policies, procedures and applicable laws and regulations. The Financial Crimes Risk Officer AVP will also: Support Financial Crimes risk management via the execution of heightened risk and high-risk client portfolio reviews. Provide subject matter expertise, guidance and training to the First Line, including managing risk appetite exception and escalations review. Help strengthen the Firm's Financial Crimes program by creating and/or enhancing requirements and controls, developing guidance and procedures for the First Line. Ensure First Line compliance with all relevant Financial Crimes regulations, standards, and policies. Support Financial Crimes risks initiatives that arise for the First Line in the WM and U.S. Banks businesses. Assist in the remediation of control gaps and deficiencies identified from Annual Risk Assessments and resolution of investigations as recommended by the Second Line. Help monitor and report metrics as well as Financial Crimes-related activities for the First Line. Collaborate closely with critical internal stakeholders including Senior Business Leaders, Second Line, Technology and Internal Audit. Assist in decision making over transactions and activities that may pose Financial Crimes Risk to the First Line. Maintain the First Line informed on changes in Financial Crimes regulations, and policies, and update the respective Firm's programs accordingly. 5+ years of relevant experience with BSA/AML Regulations within the financial services industry, or at a financial services regulator (e.g., FINRA, Securities and Exchange Commission, Office of the Comptroller of the Currency, Federal Reserve Bank, etc.). Demonstrated knowledge of Financial Crimes laws and regulations. Experience in the implementation and execution of Financial Crimes Programs requirements related to the prevention, detection and/or reporting pillars. Experience performing Financial Crimes risk assessments for new or existing client relationships. Experience in presenting and interacting with senior stakeholders. Exposure to Financial Crimes Risk management thematic reviews. Bachelor's degree in business, finance, or other related fields. AML and Sanctions (ACAMS and/or FIBA) certifications/licenses are a plus. Ability to: Operate with confidence and comfort in high-paced and high-profile environment. Analyze, summarize and communicate effectively both, verbally and in writing. Distill complex ideas and concepts into actionable items. Identify issues, investigate root causes and propose comprehensive solutions. Work with people from other teams and be able to influence without direct authority. Evidence of a strong work ethic as well as a high degree of integrity. Handle highly confidential information professionally and with the appropriate discretion. Proficiency using MS Office suite (Microsoft Excel/PowerPoint/Word/Access). Fluent in Spanish and/or Portuguese is a plus. Exposure to AI applications/concepts for the field is desirable. We do it in a way that's differentiated - and we've done that for 90 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. 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. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
