Global Financial Crimes Vice President - New Product Approvals
We are seeking someone to join our team as a Global Financial Crimes (GFC) Change Management Officer. In the Legal & Compliance division, we assist the Firm in achieving its business objectives by facilitating and overseeing the Firm's management of legal, regulatory and franchise risk. This is a Vice President level position within the Change Management Group where you will support the New Product Approval (NPA) Team in assessing and mitigating financial crime risks associated with new business initiatives. The team enables innovation through sound governance, control application, and alignment with regulatory expectations and firm policies. You will also - Serve as a central contact for stakeholders, ensuring transparency throughout the NPA process - Provide oversight across the change lifecycle for New Products - Partner with key stakeholders to ensure consistent and timely review of initiatives - Implement risk-based control frameworks - Provide execution oversight and facilitate post implementation reviews Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world. Global Financial Crimes (GFC) coordinates day-to-day implementation of the Firm's enterprise-wide financial crime prevention efforts. GFC includes several legal and compliance disciplines and has responsibility for governance, oversight and execution of the Firm's Anti-Money Laundering (AML), Economic Sanctions, Anti-Corruption and Government and Political Activities Compliance programs. GFC also develops and/or assists in the development of appropriate policies and procedures, including those designed to assist the business units to know their clients and conduct appropriate due diligence and to prevent, detect and report potentially suspicious activity. What you'll do in the role: - Lead Global Financial Crimes Coordination and oversight for the New Product Approval (NPA) Lifecycle, ensuring all proposed products and services are evaluated for financial crimes risk in accordance with Firm policy and regulatory expectations. - Partner with technology teams and cross-functional stakeholders to ensure control requirements are understood and incorporated into systems, processes, and workflows. - Facilitate global and cross-functional collaboration with Legal, Compliance, Business Units, Operations, Technology, and other relevant stakeholders to assess control feasibility, implementation readiness, supportability, and alignment with regulatory requirements. - Develop, assess, and enhance governance frameworks, documentation standards, risk and control assessments to support consistent financial crimes risk management of new initiatives. - Lead regular meetings and working sessions with global stakeholders to review project status, escalate issues, and facilitate timely financial crimes assessment throughout the product development and implementation lifecycle. - Drive planning and execution of financial crimes related initiatives, including process enhancements, technology implementations, post implementation reviews, and regulatory-driven program changes impacting GFC. - Prepare governance reporting and deliver clear, engaging materials to senior management on program status, risks, metrics, and key milestones. - Maintain Change Management JIRA board.What you'll bring to the role: - 8+ years of experience with Bank Secrecy Act (BSA)/AML compliance in financial services, financial crimes risk management, enterprise, risk, product governance, or cross-functional program management. - Bachelor's degree required, MBA or advanced degree with outstanding academic credentials preferred - Sound knowledge of financial crimes risks, including AML, sanctions, KYC/EDD, Anti-Corruption, and Anti-Tax Evasion - An ownership mindset, strong critical thinking and sound judgement with the ability to manage tasks independently under tight deadlines. - Experience managing or supporting product development, business expansion initiatives, or enterprise governance processes. - Proven ability to lead cross-functional programs, collaborate with senior stakeholders, and resolve complex issues. - Ability to translate regulatory requirements into actionable business processes and controls, with experience in post implementation reviews and continuous process improvements. - Proven project management skills with experience in Agile methodology; PMP certification is a plus. - Excellent written and verbal communication skills, including the ability to prepare senior-level presentations, governance reporting, and documentation. - Familiarity with financial crimes platforms, data tools and systems supporting AML programs. - Awareness of current legislative and regulatory requirements. - Ability to attend after-hours conference calls and meetings - Be certified as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license- or certification within 15 months of hire Skills desired: - Advanced knowledge and experience using Microsoft Excel, Microsoft PowerPoint and Jira - Strong analytical skills with the ability to identify control gaps, design solutions, provide recommendations for improvement. - Demonstrated ability to independently identify and resolve complex issues across global stakeholdersWhat 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 89 years. 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. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. 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. Where You'll be Working This role will require in office attendance 3 days/week. Two of those days will be Anchor Days where you will be in the office with your teammates to learn, grow, and collaborate in person.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 89 years. 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. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. 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.Salary range for the position: $95000 - $165000 Yr. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit's incentive compensation plan, which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and X Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefitofferings.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).
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Perks and Benefits
Health and Wellness
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
- Fitness Subsidies
- On-Site Gym
- Pet Insurance
- Mental Health Benefits
- FSA
- Virtual Fitness Classes
- HSA
Parental Benefits
- Fertility Benefits
- Adoption Assistance Program
- Family Support Resources
- Return-to-Work Program
- Birth Parent or Maternity Leave
- Non-Birth Parent or Paternity Leave
- Adoption Leave
Work Flexibility
- Hybrid Work Opportunities
Office Life and Perks
- Commuter Benefits Program
- Company Outings
- On-Site Cafeteria
- Holiday Events
Vacation and Time Off
- Paid Vacation
- Paid Holidays
- Leave of Absence
- Volunteer Time Off
- Personal/Sick Days
Financial and Retirement
- 401(K) With Company Matching
- Stock Purchase Program
- Performance Bonus
- Relocation Assistance
- Financial Counseling
Professional Development
- Tuition Reimbursement
- Promote From Within
- Mentor Program
- Access to Online Courses
- Lunch and Learns
- Work Visa Sponsorship
- Leadership Training Program
- Associate or Rotational Training Program
- Internship Program
Diversity and Inclusion
- Diversity, Equity, and Inclusion Program
- Employee Resource Groups (ERG)