Client Risk Review Associate

First Line Financial Crimes Risk

Company Profile

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.  The Firm’s employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries.

As a market leader, the talent and passion of our people is critical to our success.  Together, we share a common set of values rooted in integrity, excellence, and strong team ethics.  Morgan Stanley can provide a superior foundation for building a professional career – a place for people to learn, achieve and grow.  A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Department Profile

The ISG Financial Crimes Risk (“FCR”) Team is embedded within the Firm’s business line.  It is responsible for identifying, assessing, and escalating potential money laundering and reputational risk issues associated with higher risk client types. The FCR Team is considered the First Line of Defense and supports the onboarding and Enhanced Due Diligence processes for Morgan Stanley.
 

Position Overview

The Client Risk Review Associate will play a key role in supporting the execution of Client Risk Review (“CRR”) activities. They will regularly work with senior members across the associated control and 2nd line functions such as Compliance, Global Financial Crimes, and Credit Risk Management to manage client / franchise risk as it relates to the Firm Risk Appetite statement. This position will be responsible for maintaining and enhancing Client Risk Review item tracking and reporting and providing support across various CRR-related forums. The ideal candidate will have over 5 years of professional experience in Financial Crimes risk, Franchise risk, governance, or consulting services, with the ability to effectively manage multiple priorities, create clear, executive-level materials, and collaborate with cross-functional teams to drive team objectives.

Primary Responsibilities

Client Risk Review Meeting Support:

• Prepare materials for all CRR meetings, ensuring clarity, consistency, and alignment with governance standards. Coordinate inputs from stakeholders across divisions to ensure timely delivery of materials, and respond to and manage CRR-related inquiries from the advisory team and other stakeholders. Document detailed action items and notes during all meetings.

Client Risk Item Tracking & Reporting:

• Own and maintain a SharePoint-hosted tracker used for CRR framework item management, including remediation, updates, and version control. Lead process improvement initiatives related to CRR tracking and reporting, identifying opportunities for automation and enhanced collaboration.

Committee & Governance Forum Support:

• Support with the facilitation of governance forums, steering committees, and working groups. Create agendas, document clear and detailed meeting minutes, track action items, and ensure key decisions and risk escalations are properly recorded and communicated.

Ongoing Improvement & Tech Integration:

• Drive effort to identify and utilize AI and other technology solutions to streamline documentation, data analysis, and meeting preparation, demonstrating a forward-thinking approach to productivity. Where needed, liaise with Technology and other stakeholders to develop and enhance solutions for the CRR and overall FCR governance framework.

Creation of Executive-Level Presentations:

• Create materials for senior stakeholders, ensuring information is clear, concise, and impactful. Contribute to developing content that effectively communicates key messages and aligns with organizational goals and standards. The ideal candidate would have experience in a role that required creation and refinement of high-quality presentations for executive-level audiences.

Required Qualifications:

• Bachelor’s degree in Business, Finance, Information Systems, or a related field. Advanced degree or relevant certifications (e.g., CAMS, CFE) is a plus.
• 3 years of experience in financial crimes risk management, governance, compliance, or related roles within financial services. Background in consulting is preferred.
• In-depth understanding of financial crime regulations, including AML, KYC, and sanctions, as well as risk management frameworks.
• Proven ability to analyze complex data and translate insights into actionable recommendations.
• Strong organizational and project management skills, with experience leading governance initiatives or supporting with the development of governance frameworks.
• Excellent written and verbal communication skills.
• Advanced proficiency in PowerPoint; strong skills in creating clear and impactful presentations for executive-level audiences.
• Advanced proficiency in Excel for data analysis and reporting; experience with data visualization tools is a plus.
• Experience working in a cross-functional environment, with the ability to manage multiple stakeholders and competing priorities.
• Collaborative and proactive mindset, with a commitment to continuous improvement and driving operational excellence.

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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.

Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

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.