The Executive Director, WM Financial Crimes Risk Office is responsible for the risk oversight of Financial Crimes and KYC activities within the first line of defense. The role will support leadership in the execution of the strategic direction and oversight of BSA Fraud, Sanctions and Travel Rule compliance. The role will facilitate 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. Implement the transformational, high-impact enhancements across Financial Crimes Risk programs to drive risk reduction, implement efficiencies, design and implement new or enhanced controls and improve client experience Support the execution of target operating model for in-scope Financial Crimes Risk & Control programs, including but not limited to the oversight of BSA related Fraud issues, Sanctions and Travel rule Design and Implement oversight reporting and associated working group forums to review risk items, KRIs, KPIs 12+ years of relevant experience with transformation programs and/or Financial Crimes risk management programs Have an undergraduate degree in Business, Finance, or other related fields Strong understanding of Financial Crimes Risk, 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.) is a plus Regulatory remediation experience at global, large-scale bank is a plus Strong leadership qualities with the ability to manage teams and evidence a strong work ethic as well as a high degree of integrity Knowledge of Financial Crimes laws and regulations and familiarity with best practice first line procedures and processes Experience with Fraud a strong plus the oversight of BSA related Fraud issues, Sanctions and Travel rule Ability to: Deliver high impact with a high sense of urgency Juggle competing critical priorities while demonstrating timely and tangible progress Effectively navigate a highly complex and high velocity environment with a wide range of stakeholders Communicate complex matters in a concise, crisp, and action-oriented manner for different sets of stakeholders, including executive management Lead with confidence and comfort in high-paced and high-profile environments with minimum supervision Identify issues, investigate root causes, and escalate promptly Handle highly confidential information professionally and with appropriate discretion 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 $160K-$270K 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 Administration and Office jobs delivered to your inbox every week.
