MSEHSE Global Financial Crimes Paris - Vice President

We are seeking someone to join our team as a MSEHSE Global Financial Crimes Paris / Vice President.

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 level position within the MSEHSE Financial Crimes team and reporting to the Head of MSEHSE GFC. The teams provide oversight and advice on the design and execution of the GFC program ensuring it is aligned to regulatory requirements and industry best practice. The teams work in collaboration with the EMEA and Global GFC teams leveraging global processes and controls whilst ensuring local regulatory requirements are met.

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.

The position entails the development and maintenance of the Financial Crimes framework and activities within the Firm entities in Germany, including the European hub entity, i.e. MSESE and its branches, and facilitating co-ordination between MSEHSE GFC, business units, coverage teams and other regional and global Financial Crimes functions. The primary tasks, detailed further below, are advising and assisting in the implementation of Financial Crimes activities, including risk assessment, training, testing and management information and receiving escalations of Financial Crimes related issues.

What you'll do in the role:

• Oversee the maintenance and review of Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) policies and procedures to facilitate compliance with applicable laws, to ensure they reflect current legal and regulatory developments and requirements;
• Oversee the application of the Financial Crimes framework in all jurisdictions in which business activities occur, including co-ordination across relevant teams;
• Provide specialist advice and support for the business on the interpretation of AML/CFT policy and high risk client relationships as required, and evaluate material escalations as required, e.g. in relation to enhanced due diligence, PEPs or bribery and corruption issues;
• Consolidate and analyse AML/CFT related data, including escalation and reporting of results, and review and challenge any AML/CFT related data or risk management reports provided, including considering trends and identifying themes;
• Oversee an annual assessment of AML/CFT related risks, including review, challenge and reporting of results;
• Oversee the monitoring and periodic assessment of AML/CFT systems and controls;
• Compile the Money Laundering Reporting Officer's (MLRO's) annual report, including an assessment of the operation and effectiveness of the relevant AML/CFT systems and controls, highlighting any significant issues and findings;
• Oversee the implementation of any enhancements as required, incorporating recommendations arising from regulatory enquiries, risk assessments and audit findings;
• Identify training needs and oversee the development and delivery of Financial Crimes training;
• Oversee the ongoing operation of the general Financial Crimes control framework, including Economic Sanctions, Anti-Bribery and Corruption and Anti-Tax Evasion
• Escalate and inform local Branch Management and MSESE GFC Management , as required, of significant AML/CFT and other Financial Crimes issues.

What you'll bring to the role:?

• Strong technical Financial Crimes knowledge including knowledge of French Anti Money Laundering / Counter Terrorist Financing rules and regulations;
• Familiarity with the Financial Crime Risk Analysis according to national requirements;
• Knowledge of the regulatory landscape;
• Understanding of financial markets and products (in particular Equities, Fixed Income, Commodities and Investment Banking/Capital Markets, Asset/Investment Management)
• Be certified as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license or certification within 15 months of hire.
• Fluent in French and English, German is optional;
• Have excellent interpersonal skills and ability to work effectively with colleagues across the Legal and Compliance Division (in France, Germany, across the Firm's EMEA offices and in other regions) and other Infrastructure and Control Functions (e.g. Operations);
• Have the ability to effectively handle a fast paced environment and work to tight deadlines; be able to re-prioritise work in response to changes in business needs, without compromising standards;

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.