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, to 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 FCRCO Team is considered the first line of defense and supports the onboarding and enhanced due diligence processes for Morgan Stanley.

Primary Responsibilities:

Change Management PMO

• Primary liaison between GFC and CORDS Advisory and Training to review and agree on proposed KYC changes.
• Facilitate meetings to discuss and refine KYC policy proposals, ensuring stakeholders engagement.

Policy Change Socialization (1LOD)

• Socialize KYC policy changes with impacted teams across BU and CORDS Advisory and Training (1LOD) to initiate Impact Assessment and implementation planning.
• Facilitate and coordinate feedback sessions to ensure all relevant perspectives are considered prior to final approval.
• Coordinate with relevant global and regional GFC teams to resolve challenges.
• Inform BU of policy changes and post-implementation go live dates confirmation.

KYC Policy Change Prioritization

• Analyze and prioritize KYC policy changes based on risk assessment and operational impact.
• Work with relevant teams to develop a clear implementation roadmap for approved changes.
  
  

Tracking and Reporting

• Monitor the implementation of KYC policy changes across 1LOD ensuring timely updates and adherence to deadlines.
• Prepare regular reports for governance forum, highlighting progress, challenges, and outcomes of KYC policy implementations.

Exclusion Approval Process

• Lead a quarterly (or ad-hoc) forum to obtain stakeholder approval for new or modified exclusions.
• Document all approvals in accordance with current governance policy.
• Ensure Exclusions Request Forms are completed for any new exclusions or modifications.

 FCR Procedure Maintenance

• Manage FCR procedure maintenance process.
• Ensure procedures updates meet organizational standards and KYC requirements.
• Coordinate with relevant teams to ensure updates are communicated effectively and address any issues or discrepancies.
• Ensure a clear audit trail of the procedures update process is maintained in line with record keeping requirements.

Continuous Improvement

• Identify opportunities for enhancing KYC processes and policies based on feedback and implementation outcomes.
• Work with stakeholders to promote a culture of compliance and continuous improvement in KYC practices.

 Audit Support

• Ensure documentation and information is complete, accurate, and timely.
• Address questions raised by the Audit team promptly. 
• Review Audit findings and reports and develop and implement action plans to address any identified weaknesses or recommendations.

Role will require in office attendance 4 days/week. 

Experience Required

• 5+ years professional experience in a financial crimes/anti-money laundering group (or similar) at a financial institution 
• Bachelor's degree or equivalent 

Skills Required

• Thorough knowledge of AML/KYC regulations and standards, including local and international requirements.
• Strong analytical skills with an eye for detail and the ability to identify issues and recommend corrective actions.
• Excellent communication and leadership skills, with the ability to provide constructive feedback and drive process improvements.
• Exceptional problem-solving abilities and a proactive approach to challenges.
• Ability to adapt to a rapidly changing regulatory environment.
• Advanced knowledge of Microsoft Office tools (Word, PowerPoint, Excel, and Access) 

Ability to

• Take initiative, analyze, summarize, and communicate effectively
• Investigate, identify issues, impacts and trends to propose comprehensive solutions
• Multitask effectively and action matters promptly
• Work independently and in a team environment
• Handle highly confidential information with appropriate discretion
• Work in a matrixed organization, leveraging resources across the organization to complete deliverables
• Work in a high volume, fast paced environment