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-Tax Evasion, 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.
Background on the Team
The US Screening team monitors and investigates transactions and client relationships for sanction issues and suspicious activities.
This role reports ultimately to the Head of US Investigations. The role does not have direct reports.
Responsibilities include performing analysis and due diligence on results from OFAC/Sanctions, 314a, Adverse Media and Politically Exposed Persons (“PEP”) and other watchlist screening of customer accounts according to Firm’s policy and procedures.
The US Screening Director will:
- Analyze output of OFAC/Sanctions, negative news, PEP and other applicable watchlist screening and make decisions on appropriate action to take
- Review payment exceptions (Wires, Checks, ACH etc.) generated from watch list alerts, including evaluating and analyzing payments to determine approval, rejection or the need for further investigation
- Analyze, investigate, resolve and document potentially suspicious transactions or exceptions
- Conduct open-source research and due diligence, including searches in external and internal databases
- Support any special projects or critical casework.
Skills required (essential)
Candidates must have:
- 4 year college degree with strong academic credentials
- 5 to 8 years of Anti-Money Laundering experience is preferred.
- Strong analytical skills
- Strong understanding of the financial markets and banking, including broker-dealer product-based knowledge, and the ability to research or must evidence the ability to learn and adapt quickly
- Excellent written and verbal communications skills, attention to detail and strong time management skills
- Excellent judgment, initiative and adherence to deadlines
- Developed investigative skills - inquiry and analysis, interviewing, testing, organization and presentation (both written and verbal)
- Excellent interpersonal skills and ability to interact with branch and business unit personnel in a mature and professional manner and apply feedback on work product from supervisor(s)
- Ability to manage and adapt to the fast-paced environment of sanctions and manage the queue of live high priority alerts.
- Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license – or certification within first 15 months of employment
- Candidate should be a highly responsive team player who can think independently
- Must be able to maintain a positive and professional attitude in a fast-paced environment#LI-SS1
Equal Opportunities Statement
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.
Expected base pay rates for the role in Baltimore will be between 83000 and 115000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.