The Assistant Vice President, WM Financial Crimes Risk & Controls is responsible for assisting in the execution of the firm's first line Financial Crimes program for WM. The role will be responsible for assisting in the execution of the strategic direction of the Financial Crimes programs, performing oversight responsibilities and escalating potential gaps and risks. This position will work closely with the business, the second- and third-line stakeholders to ensure the business is compliant with all relevant Financial Crimes laws and regulations through the proper implementation an execution of applicable MS' policies, standards, and procedures. The Assistant Vice President, WM Financial Crimes Risk & Controls will: Support the identification & implementation of transformational, high-impact enhancements across Financial Crimes Risk & Control programs to drive risk reduction and improve client experience Promote consistency and standardization of Risk & Control programs across and within WM and IM Plan and perform internal reviews of procedures and controls to ensure that controls cover the entirety of 1L FCR processes, are adequately designed and maintained, and are operating effectively Effectively communicate risk management issues and internal control deficiencies with properly vetted and proposed solutions in a timely manner Develop proactive, action-oriented and regular reporting of progress, key risks and mitigants Effectively address second line feedback and challenges to the risk and controls strategy implementation Assist in the remediation of control gaps and deficiencies identified from Annual Risk Assessments and resolution of investigations as recommended by second line Assist with the design and development of comprehensive action plans as required (e.g. regulatory, strategic, transformation initiatives or policy implementations.) Collaborate with internal stakeholders including Business Leaders, Second Line, Technology, and Internal Audit Provide with advisory, guidance and training to the first line teams > 5+ years of relevant experience with experience in Financial Crimes risk management programs > Experience managing risk and controls is a plus > 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 Ability to: > Deliver high impact with a high sense of urgency >Analyze, summarize, and communicate effectively and succinctly > Operate with confidence and comfort in high-paced and high-profile environments with minimum supervision > Multitask effectively and execute actions promptly > Identify issues, investigate root causes, and escalate promptly > Handle highly confidential information professionally and with appropriate discretion > Knowledge of Financial Crimes regulatory requirements and expectations > Working knowledge of MS Office (Microsoft Excel/PowerPoint/Word/Access) > Strong interpersonal skills and ability to communicate effectively both verbally and in writing Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. 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. There's also ample opportunity to move about the business for those who show passion and grit in their work. Expected base pay rates for the role will be between $100K-$135K per year at the commencement of employment. 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.
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