Financial Crimes Regulatory Management

Morgan Stanley is a global financial services firm that conducts its business through three principal business segments—Institutional Securities, Wealth Management (WM), and Asset 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.

The WM and U.S. Banks 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 WM and U.S. Banks Financial Crimes Risk Team is considered the first line of defense and supports the onboarding and existing customers, enhanced due diligence, and negative news processes for Morgan Stanley.

Primary Responsibilities:

The Financial Crimes Regulatory Management VP will be responsible for managing external regulatory inquiries and exams processes.

The Financial Crimes Regulatory Management VP will:

• Serve as the 1L financial crimes lead for the management of external exams.
• Lead production of accurate and timely responses for external exams.
• Draft, review and edit various forms of external exam documentation, including reports, memos, presentations to ensure clarity, accuracy, and consistency in messaging to regulatory agency.
• Coordinate with cross-functional stakeholders to confirm and deliver on external exam scope, process, dependencies, milestones, and major deliverables.
• Assist with the design and development of comprehensive plans as required, driven by external exams (e.g. regulatory, strategic, transformation initiatives or policy implementations).
• Develop concise and effective presentations for senior leadership, inclusive of management reporting.
• Support ad-hoc projects and initiatives from a communications perspective.
• Maintain a robust external exam management framework and maintain documentation related to the testing and exam process, subsequent changes.
• Collaborate with internal stakeholders including Business Leaders, Second Line, Technology, and Internal Audit.
• Conduct lessons learned from external financial crimes regulatory public actions.
• Develop internal awareness communications related to external regulatory developments.

Qualifications - External

Required Experience:

• Minimum 10 years of experience in financial crimes/AML.
• Have a Bachelor’s in Business, Finance, or another related field.
• Experience supporting compliance projects and internal/external exams.
• Knowledgeable and experience with FFIEC Examination Manual standards.

Ability to:

• Take initiative, analyze, summarize, and communicate effectively.
• Multitask effectively and appropriately prioritize assignments.
• Work both independently and in a team environment.
• Distill complex ideas and concepts into actionable items.
• Work in a matrixed organization; leveraging resources across the organization to complete deliverables.
• Develop internal relationships, influence stakeholders, and build consensus.
• Handle highly confidential information professionally and with appropriate discretion.
• Thrive in fast-paced environment, managing multiple responsibilities and adapting to changing priorities.
• Conduct meaningful root cause and trend analysis.

Additional Skills Desired:

• Certified Anti-Money Laundering Specialist (CAMS) designation is a plus.
• Proficient knowledge of MS Office (Microsoft Excel/PowerPoint/Word/Access).
• Experience supporting audit and regulatory inquiries and interactions with Board, senior management, and consultants.
• General knowledge of AML regulatory requirements and expectations (domestic and international).
• Strong time management and planning skills.
• Strong interpersonal skills and ability to communicate effectively both verbally and in writing.

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.

Expected base pay rates for the role will be between $140,000 and $200,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).