We're seeking someone to join our team as a Vice President in the Legal and Compliance division.
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 position within the Oversight, Monitoring and Testing, Morgan Stanley clients are subject to continuously monitored to detect unusual or potentially suspicious activities, this team continuously monitored to detect unusual or potentially suspicious activities. The exceptions generated are reviewed or investigated by applying a risk-based approach, which involves considering available information pertaining alongside the risk tolerance of the Firm with respect to money laundering.
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.
What you'll do in the role:- Supervise a team of TM professionals whose primary responsibilities include the following:
- Review surveillance items flagged as potentially suspicious transactions or exceptions in accordance with the guidelines set forth in the GFC Procedures Manual.
- Review account activity of Morgan Stanley clients using client info, transactional activity and perform a review of account documentation to resolve alerts of any such clients in accordance with the GFC Procedures Manual.
- Perform outreach to client relationship/sales teams or other areas within Morgan Stanley in accordance with the GFC Procedures Manual to determine whether there is an explanation for the activity that triggered the alert.
- Escalate any questions or potentially suspicious activity found to the Morgan Stanley contact designated in the GFC Procedures Manual for further investigation.
- Review and analyze surveillance items identified as part of "below-the-line" testing, risk engine tuning and lookback activities.
- Draft dispositions summaries that support the alert review outcomes, ensuring documents are clear and concise while complying with regulatory expectations.
- Escalate any possible true hits to the relevant on-shore GFC team
- Review the quality of work delivered by the team.
- Lead the team meetings.
- Having regular catchups with regional stakeholders.
- Drive a culture of efficiencies / productivity
- Recommend enhancements to AML policies or procedures to ensure continuous improvement to overall AML or Screening processes
What you'll bring to the role: - Typically, 10 to 12 years of Corporate Intelligence, due diligence; experience in the financial or professional services industries
- Solid track record working in a professional environment
- Bachelor's degree from an accredited college / university
- Experience managing a team of AML professionals
- Strong oral and written communication skills
- Excellent interpersonal skills and ability to work effectively with colleagues across regions and Business Units
- Ability to research and resolve issues independently while working across teams to acquire information
- Ability to use various PC, MS Office and internet applications and tools to support AML processes
- Understanding of AML / KYC
- Should exhibit comfort working with technology and the ability to learn and display proficiency on technical systems and programs.
- Proficient with MS Office
- Team player who can successfully manage multiple projects and priorities
- Ability to think independently, form opinions and make decisions
- Ability to anticipate ahead of time and escalate issues as appropriate
- Pragmatic and analytical problem-solving skills - consistently apply sound judgment
- Ability to work as part of a team and adapt to the needs of the team as they arise
- Successfully meet established deadline requirements - display efficient time management skills
- Possess the ability to research and resolve issues independently
- Experience in stakeholder management with excellent interpersonal skills and the ability to work effectively with colleagues across regions and Business Units
- Have the ability to effectively handle a fast-paced environment
- Ability to identify and recommend process efficiencies
- Attention to detail
CoverageMonday to Friday from
11:30 AM to 8 :30 PM India time with flexibility on standard working hours for time sensitive matters (including India Public Holidays). The shift timing will be flexible dependent of evolution of the process
WHAT YOU CAN EXPECT FROM MORGAN STANLEY: At Morgan Stanley, we raise, manage and allocate capital for our clients - helping them reach their goals. We do it in a way that's differentiated - and we've done that for 90 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.
Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo .
