Global Financial Crimes: Client Risk Unit Professional
POSTING DATE: Nov 22, 2024
PRIMARY LOCATION: Americas-United States of America-Maryland-Baltimore
JOB: Other
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Director
About Morgan Stanley
Discover your next career opportunity with Morgan Stanley, where we are committed to helping our employees build meaningful careers, and where you can learn, achieve, and grow. Across the globe, we believe our greatest asset is our people. As part of our commitment to excellence, and to you, we offer a comprehensive suite of benefits, programs, and perks. From adoption assistance benefits to Zipcar memberships, the Firm’s 250+ employee programs have you covered from A to Z.
We stand for doing the right thing, putting clients first, leading with exceptional ideas, committing to diversity and inclusion, and giving back.
About Global Financial Crimes
In Global Financial Crimes (GFC), you will play a critical role in identifying potentially suspicious activity, protecting vulnerable individuals, and safeguarding the integrity of the financial system. GFC coordinates day-to-day implementation of the Firm's financial crime prevention efforts. Including governance, oversight, and execution of the Firm's Anti-Money Laundering (AML), Sanctions, Anti-Corruption and Government and Political Activities Compliance programs.
If you are passionate about financial crimes prevention, seeking a rewarding and dynamic career, and focused on making a difference, then GFC might be the right team for you.
Your Key Responsibilities:
The Client Risk Unit is responsible for evaluating client relationships that pose the highest financial crimes risk, while also serving as a check and challenge over the first line’s execution of enhanced due diligence. As a Client Risk Unit Professional in GFC, you will:
- 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
- Provides guidance on policy and procedures to various stakeholders
- Conduct trainings to various stakeholders
What We’re Looking for in You
- Bachelor’s degree or equivalent military experience
- 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
- General 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
Where You’ll be Working
This role will require in office attendance 3 days/week. Two of those days will be Anchor Days where you will be in the office with your teammates to learn, grow, and collaborate in person.
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 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.
Maryland: Salary range for the position: $75,000 - $120,000 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. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings.
