Investment Management Financial Crimes Risk

Investment Management Financial Crimes Risk - Intermediaries and Distribution Financial Crimes Risk Officer – Vice President

Dublin

Morgan Stanley is a global financial services firm that conducts its business through three principal business segments - Institutional Securities, Wealth Management, and Investment Management. Morgan Stanley provides comprehensive financial advice and services to its clients including brokerage, investment advisory, financial and wealth planning, credit and lending, deposits and cash management, annuities, insurance, retirement, and trust services.

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 doing the right thing, putting clients first, leading with exceptional ideas and a commitment to diversity and inclusion. Morgan Stanley can provide a superior foundation for building a professional career – a place for people to learn, achieve, and grow.

Department Profile:

The Investment Management (IM) Financial Crimes Risk 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 IM Financial Crimes Risk Team is considered the first line of defense and supports the onboarding, enhanced due diligence, and negative news processes for Morgan Stanley.

Primary Responsibilities:

The FCRO – Intermediaries/Distribution VP is responsible for executing the firm’s first line Financial Crimes program for IM. The role will be responsible for management / oversight of IM’s intermediaries’ population and ensuring their adherence with sound BSA/AML risk management practices. This position will work closely with Global Financial Crimes (GFC) stakeholders to ensure the business is compliant with all relevant Financial Crimes standards, policies, procedures and applicable laws and regulations. 

The FCRO – Intermediaries/Distribution VP will:

• Partner with the IM business and GFC to lead the management and oversight of financial intermediaries and distribution partners, ensuring alignment with Morgan Stanley's strategic objectives and BSA/AML regulatory standards.

• Build and maintain strong relationships IM distribution leads who interact with intermediaries, including broker-dealers, financial advisors, and distribution platforms.

• Support IM business in conducting comprehensive due diligence on intermediaries to assess BSA/AML compliance risks.

• Ensure intermediaries adhere to regulatory requirements, contractual obligations, and Morgan Stanley's standards of conduct.

• Develop and implement frameworks and controls to monitor intermediary performance and BSA/AML compliance adherence.

• Provide regular reporting to senior leadership, highlighting risks, opportunities, and performance trends.

• Work closely with internal teams, including sales, compliance, legal, and risk management, to address intermediary-related issues and opportunities.

• Support IM distribution leads in facilitating clear communication and effective problem-solving.

• Develop and enforce policies, procedures, and governance frameworks for managing intermediary relationships.

• Support IM distribution in the negotiation of distribution agreements, service-level agreements, and other contracts with financial intermediaries.

• Ensure contract terms are enforced and updated to reflect evolving business and regulatory requirements.

• Provide training, tools, and resources to intermediaries to enhance their understanding of Morgan Stanley’s products, services, and compliance expectations.

• Act as a point of escalation to resolve issues and support intermediaries in meeting compliance goals.

• Stay informed of industry trends, competitive dynamics, and regulatory changes impacting financial intermediaries and distributors.

• Provide strategic recommendations to enhance intermediary relationships and strengthen distribution networks.

• Drive initiatives to improve the efficiency and effectiveness of intermediary management processes.

• Collaborate with senior leadership to shape and execute the strategic vision for financial intermediary oversight.

• Leverage technology solutions and data analytics to enhance monitoring, reporting, and relationship management capabilities.

• Ensure timely and accurate delivery of intermediary performance metrics and compliance data to internal and external stakeholders.

Required Experience and Skills:

• Significant 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.)

• Have an undergraduate degree in Business, Finance, or other related fields.

• Strong leadership qualities with the ability to manage teams and evidence a strong work ethic as well as a high degree of integrity.

• Implementation and execution of Financial Crimes Programs requirements

• Knowledge of Financial Crimes laws and regulations and familiarity with best practice first line procedures and processes

• Operate with confidence and comfort in high-paced and high-profile environments.

• Analyze, summarize and communicate effectively.

• Distill complex ideas and concepts into actionable items.

• Identify issues, investigate root causes and propose comprehensive solutions.

• Handle highly confidential information professionally and with appropriate discretion.

• Certified as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license is a plus.

• Knowledge of Financial Crimes regulatory requirements and expectations

• Working knowledge of MS Office (Microsoft Excel/PowerPoint/Word/Access)

• Strong time management and planning skills

• Strong interpersonal skills and ability to communicate effectively both verbally and in writing.

• Experience in supporting audit and regulatory inquiries and interactions.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.

We're committed to bringing passion and customer focus to the business.

Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

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.