Morgan Stanley (the Firm) 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 ethic. 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.
Professionals within the Legal and Compliance Department provide a wide range of services to our business units. They might help to structure a complex and sensitive cross-border transaction; advise on a new product introduction; develop a training program or defuse an investor dispute. They preserve the Firm's invaluable reputation for integrity and protect the firm from sanctions with policies and procedures that meet regulatory requirements around the world. They also strive to maintain cooperative relationships with governmental policy makers and the regulatory and self-regulatory agencies that govern the firm's businesses.
Global Financial Crimes (GFC) coordinates day-to-day implementation of the Firm's enterprise-wide financial crime prevention efforts. GFC includes several legal and compliance disciplines and has responsibility for governance, oversight and execution of the Firm's Anti-Money Laundering (AML), economic sanctions and anti-corruption policies. GFC also develops and/or assists in the development of appropriate policies and procedures, including those designed to assist the business units to know their clients and conduct appropriate due diligence and to prevent, detect and report potentially suspicious activity. GFC has dedicated coverage managers and teams of analysts who advise and counsel each business unit regarding its AML, economic sanctions and anti-corruption obligations and its particular clients and transactions.
The EMEA Financial Crimes Group is based in London and Glasgow with approximately 45 employees focused on AML, Sanctions, Anti-Corruption and Anti-Tax Evasion. It is led by the EMEA Head of Financial Crimes who reports to the EMEA Head of Compliance and the Global Head of Financial Crimes.
The Testing Manager will:
- Conduct testing to review and assess the effectiveness of the Firm's AML policies and procedures and controls
- Define test scope and design specific testing steps for each applicable area of review
- Communicate test results, present identified issues to the business, work with the business to develop and implement a plan of corrective action and prepare written reports
- Track status of corrective action plans agreed upon with the business
- Maintain detailed and organized documentation of work product
- Coordinate with other professionals in the organization, including Compliance advisory teams, other Compliance Monitoring and Testing Groups and Internal Audit
- Remain current on industry rules, regulations and best practices to help ensure that the testing program meets regulatory standards
The ideal candidate should possess the following skills and attributes:
- Professional experience gained in Financial Crimes or Regulatory Compliance or experience within Compliance testing or equivalent (e.g. Internal Audit)
- Experience within a large financial institution or global consulting/auditing firm or regulatory body preferred
- Understanding of financial markets and products (in particular, Equities, Fixed Income, Commodities and Investment Banking/Capital Markets)
- Understanding of UK Money Laundering Regulations and Know Your Customer requirements is strongly preferred.
- Excellent written communication skills: able to describe complex issues accurately and succinctly
- Demonstrate meticulous attention to detail
- Ability to work effectively on multiple reviews with different individuals at the same time
- Excellent interpersonal skills, necessary to work effectively with colleagues across regions and business units
- Developed investigative skills: inquiry and analysis, interviewing, testing, organisation and presentation (both written and oral)
- Ability to research and resolve issues autonomously whilst working across teams to acquire information
- Have a University degree or equivalent with strong academic credentials
- Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license – or certification within 15 months of hire
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise 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. * LI-EM3
Internal Number: 4681824
About Morgan Stanley
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