As a Sanctions Compliance team member in GFC, you will: - Be responsible for compliance and regulatory matters pertaining to economic sanctions programs adhered to under the Firm's Global Sanctions Policy, including the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), His Majesty's Treasury of the United Kingdom's Office of Financial Sanctions Implementation (OFSI), the United Nations Security Council (UNSC), and the Council of the European Union (EU Council) - Assist in the ongoing development, administration, and implementation of the Firm's economic sanctions compliance program - Review and investigate escalated payments and/or transactions identified for potential matches to sanctions lists; ensure prompt handling and response - Address sanctions related queries from first line risk, business, and operations groups with respect to sanctioned products and related risks - Work with GFC business advisory and legal teams, provide written and verbal communication on issues to the lines of business, performing and reviewing highly sensitive client and transaction search information, reporting, escalating and documenting results - Draft, maintain and implement economic sanctions policies and procedures, where appropriate - Maintain awareness of regulatory changes related to economic sanctions, ensuring proper communication and timely implementation of new procedures and/or enhanced due diligence programs in compliance with any change in laws and regulations - Develop, recommend, and implement risk-based processes and controls to ensure business unit compliance with economic sanction, especially emerging regimes, and programs - Develop content for and deliver specialized training to relevant internal audiences concerning economic sanctions for both in-person and Firm-wide online training modules - Coordinate with the Risk Assessment team on the yearly economic sanctions Risk Assessment - Conduct ad hoc due diligence projects arising from the administration of the economic sanctions program - Assist with responding to regulatory exams and inquiries and internal audits, including overseeing document productions - Collect, interpret, and escalate metrics and other management information regarding sanctions compliance-related events - Strong academic credentials; Bachelor's degree required - 5+ years of relevant experience, preferably at a large/complex financial institution, law firm, or government/regulatory body - Detailed understanding of the laws, rules, regulations, and industry best practice pertaining to economic sanctions, in particular the sanctions programs administered and enforced across EMEA and by OFAC - Experience in configuration of client and transactional screening technologies and management of alert disposition processes - Ability to understand and assess a wide variety of complex commercial transactions - Highly motivated self-starter able to work independently while collaborating and coordinating as part of a global program - Strong analytical and problem-solving skills and the ability to provide viable solutions in a time-sensitive environment - Strong written and verbal communications skills, attention to detail, and effective time management - Sound judgment and an ability to appropriately escalate issues internally - Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license - or certification within first 15 months of employment 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. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser. Expected base pay rates for the role will be between 120000 and 205000 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.
Want more jobs like this?
Get jobs delivered to your inbox every week.
