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Department Profile :
The First Line Anti-Money Laundering (AML) AML Risk Office is embedded within the Firm's business line. It is responsible for assessing the AML and reputational risk associated with higher risk client types. The AML Risk Office is considered to be in the First Line of defense and supports the onboarding and client due diligence for Morgan Stanley.
The AML Risk Analyst will be responsible for overseeing risk-relevant activities related to AML. The AML Risk Analyst will assess Bank Secrecy Act (BSA)/AML and reputational risk matters identified through the execution of the Firm's Negative News Screening (NNS) protocols for both new and existing customers. In addition, the AML Risk Analyst will have ultimate responsibility for the escalation of issues or risks related to these processes.
The First Line AML Risk Analyst will:
Assist in executing key projects and initiatives related to assessing and mitigating the Firm's exposure to AML and reputational risk-relevant activities
Perform the First Line of Defense's NNS process for both prospective and current clients, ensuring appropriate risk escalation of negative media alerts
Actively identify, measure, control and remediate AML and Operational Risk issues with partners in Global Financial Crimes, Compliance and the Business Unit
Perform processes in accordance with internal policies, develop and monitor periodic AML reporting to senior stakeholders, and make recommendations to improve procedures governing AML-related activities
Partner with the Business Unit to ensure appropriate adherence to client due diligence processes while providing a positive client experience
Partner with the Second Line of Defense Compliance teams to monitor client relationships on an ongoing basis
Collaborate with Global Financial Crimes to ensure the BSA/AML program operates effectively and continue to comply with industry regulations and expectations
Required Experience :
Have 1-4 years of relevant experience with Bank Secrecy Act (BSA)/AML Regulations within the financial services industry, or at a financial services regulator (e.g., Office of the Comptroller of the Currency, Federal Reserve Bank, Securities and Exchange Commission, etc.)
Have an undergraduate degree in Business, Finance, or other related field
Certified as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license is a plus
Strong knowledge of Know Your Customer and Customer Identification Program requirements
Strong interpersonal skills and ability to communicate effectively both verbally and in writing
Strong work ethic with an ability to work both independently and with team members, under tight deadlines
Ability to work in a matrixed organization; leveraging resources across the organization to complete deliverables
Ability to handle highly confidential information professionally and with appropriate discretion
Be capable of assessing and developing individual and team skills and providing timely constructive feedback
Skills Desired :
Fluent in Spanish or Portuguese is a plus
Internal Number: 4776002
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