Company Profile

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.The Firm’s employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries.

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 ethics.Morgan Stanley 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 (“FCRCO”) Team is embedded within the Firm’s business line. It is responsible for identifying, assessing, and escalating potential money laundering and reputational risk issues associated with higher risk client types. The FCRCO Team is considered the first line of defense and supports the onboarding and enhanced due diligence processes for Morgan Stanley.

Primary Responsibilities

oversee the end-to-end Enhanced Due Diligence (“EDD”) workflow of the EDD program focused on assessing AML risks related to new and existing clients to effectively mitigate potential AML risk exposureManage and oversee the day-to-day activities and AML compliance responsibilities of the ISG FCRCO team located in Hong Kong and supervise and coordinate with global teamsServe as point of escalation and provide advisory support in connection with KYC onboarding and EDD with respect to clients, counterparties and target companies/assets and provide guidance to the business on AML requirementsSupervise complex EDD reviews andcoordinate with Client Onboarding and Regulatory Services (“CORS”), Global Financial Crimes (“GFC”), or other Firm Groups, as necessaryOversee and provide guidance on the appropriate client risk rankingRespond to questions from the business and risk organizations regarding EDD processes, procedures, and individual mattersServe as point of escalation and provide support in connection with the GFC Quality Assurance (“QA”) Group on quality assurance and quality control findings related to EDD, in efforts to drive consistency, remediation and process enhancements Maintain active pipeline to onboard new andexisting higher risk ISG client relationshipsProvide periodic reporting to senior stakeholders and make recommendations to improve the program governing EDD related activitiesRepresent the ISG FCRCO team in presentations to regulators and Internal Audit, as neededRepresent the ISG FCRCO team in relevant governance forumsProvide supervisory support and training for EDD Reviewers and Managers through developing individual and team skills and providing timely, constructive feedbackEnsure the FCRCO Team has adequate staffing resources and skillset to execute EDD program activitiesChallenge existing systems and processes, looking for enhancements and efficiencies where possible Work on other special projects, as needed

Role will require in office attendance 5 days/week.

Company Profile

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.The Firm’s employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries.

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 ethics.Morgan Stanley 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 (“FCRCO”) Team is embedded within the Firm’s business line. It is responsible for identifying, assessing, and escalating potential money laundering and reputational risk issues associated with higher risk client types. The FCRCO Team is considered the first line of defense and supports the onboarding and enhanced due diligence processes for Morgan Stanley.

Primary Responsibilities

oversee the end-to-end Enhanced Due Diligence (“EDD”) workflow of the EDD program focused on assessing AML risks related to new and existing clients to effectively mitigate potential AML risk exposureManage and oversee the day-to-day activities and AML compliance responsibilities of the ISG FCRCO team located in Hong Kong and supervise and coordinate with global teamsServe as point of escalation and provide advisory support in connection with KYC onboarding and EDD with respect to clients, counterparties and target companies/assets and provide guidance to the business on AML requirementsSupervise complex EDD reviews andcoordinate with Client Onboarding and Regulatory Services (“CORS”), Global Financial Crimes (“GFC”), or other Firm Groups, as necessaryOversee and provide guidance on the appropriate client risk rankingRespond to questions from the business and risk organizations regarding EDD processes, procedures, and individual mattersServe as point of escalation and provide support in connection with the GFC Quality Assurance (“QA”) Group on quality assurance and quality control findings related to EDD, in efforts to drive consistency, remediation and process enhancements Maintain active pipeline to onboard new andexisting higher risk ISG client relationshipsProvide periodic reporting to senior stakeholders and make recommendations to improve the program governing EDD related activitiesRepresent the ISG FCRCO team in presentations to regulators and Internal Audit, as neededRepresent the ISG FCRCO team in relevant governance forumsProvide supervisory support and training for EDD Reviewers and Managers through developing individual and team skills and providing timely, constructive feedbackEnsure the FCRCO Team has adequate staffing resources and skillset to execute EDD program activitiesChallenge existing systems and processes, looking for enhancements and efficiencies where possible Work on other special projects, as needed

Role will require in office attendance 5 days/week.

Qualifications

Experience Required:

8 years professional experience in a financial crimes/anti-money laundering group (or similar) at a financial institution Bachelor's degree or equivalent

Skills Required:

Expert knowledge of AML regulatory requirements and expectations Experience managing a staff of financial crimes EDD/KYC professionalsExcellent judgment, initiative, and adherence to deadlinesExcellent interpersonal skills and ability to interact with senior business, risk, and legal and compliance stakeholdersAbility to manage multiple priorities and tasks with the skills to adapt to changes in a fast-paced environmentStrong knowledge of thesecurities regulatory environment, including familiarity with regulatory authorities (e.g., Office of the Comptroller of the Currency, Federal Reserve, OFAC, Financial Crimes Enforcement Network, Financial Conduct Authority, etc.)Strong understanding of financial markets, banking, and broker dealersStrong organizational, analytical, and communication skillsAbility to research and resolve issues independently while working across teams to acquire information Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license – or certification within first 15 months of employment

Ability to:

Identify root causes for recurring issues identified during the QC/QA processTake thoughtful and effective ownership of assigned areas of responsibility

Additional Skills Desired:

EDs working on international files:Strong foreign language/translation skills in Mandarin, Cantonese (or leverage staff members’ ability for foreign language translations)

Qualifications

Experience Required:

8 years professional experience in a financial crimes/anti-money laundering group (or similar) at a financial institution Bachelor's degree or equivalent

Skills Required:

Expert knowledge of AML regulatory requirements and expectations Experience managing a staff of financial crimes EDD/KYC professionalsExcellent judgment, initiative, and adherence to deadlinesExcellent interpersonal skills and ability to interact with senior business, risk, and legal and compliance stakeholdersAbility to manage multiple priorities and tasks with the skills to adapt to changes in a fast-paced environmentStrong knowledge of thesecurities regulatory environment, including familiarity with regulatory authorities (e.g., Office of the Comptroller of the Currency, Federal Reserve, OFAC, Financial Crimes Enforcement Network, Financial Conduct Authority, etc.)Strong understanding of financial markets, banking, and broker dealersStrong organizational, analytical, and communication skillsAbility to research and resolve issues independently while working across teams to acquire information Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license – or certification within first 15 months of employment

Ability to:

Identify root causes for recurring issues identified during the QC/QA processTake thoughtful and effective ownership of assigned areas of responsibility

Additional Skills Desired:

EDs working on international files:Strong foreign language/translation skills in Mandarin, Cantonese (or leverage staff members’ ability for foreign language translations)false