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Morgan Stanley · 6 hours ago

Global Financial Crimes: Client Risk Unit Vice President

Baltimore, MD

Full-time

Hybrid

Senior Level, Lead/Staff

$95K/yr - $165K/yr

8+ years exp

Morgan Stanley is a global leader in financial services, known for its commitment to innovation and client service. The Client Risk Unit Manager will evaluate client relationships that pose financial crimes risk and oversee enhanced due diligence efforts within the organization.

Asset ManagementFinanceFinancial ServicesLending

Hiring Manager

Jessica Martins

Responsibilities

Manage, recruit and maintain oversight of CRU Professionals

Serve as a point of escalation and provide advisory support, guidance, and effective challenge in connection to KYC Onboarding and EDD with respect to clients and counterparties

Support key projects and initiatives related to assessing and mitigating the Firm's exposure to money laundering and other financial crimes

Review enhanced due diligence for both new and existing higher risk clients including analyzing corporate structures and other documentation as necessary

Analyze and escalate financial crimes negative news as necessary

Determine and provide guidance on the appropriate client risk ranking

Review of client accounts for potential matches to designated sanctions targets and prohibited persons lists

Engage various third-party and internal databases to assist with due diligence searches as needed

Develop an understanding of anti-money laundering regulations, policies, and procedures

Provide guidance on policy and procedures to various stakeholders

Conduct trainings to various stakeholders

Liaise and coordinate within GFC and key stakeholders across the Firm to ensure appropriate execution of the Firm's Financial Crimes Prevention Program

Qualification

Anti-Money LaunderingFinancial Crimes ExperienceManagerial ExperienceKYC OnboardingEnhanced Due DiligenceAnalytical SkillsCommunication SkillsJudgmentClient InteractionTraining SkillsResearch SkillsStakeholder EngagementRegulatory KnowledgeCertification in AMLTeam CollaborationAttention to DetailTime ManagementInitiativeAdaptability

Required

Bachelor's degree or equivalent military experience

8+ years of relevant anti-money laundering and/or financial crimes experience, preferably at a large/complex financial institution, law firm or government/regulatory body

5+ years of relevant managerial experience

Ability to understand and assess a wide variety of complex products, services and client types

High motivated self-starter able to work independently while collaborating and coordinating as part of a global program

Strong analytical skills with an ability to understand complex workflows and excellent attention to detail

Excellent written and verbal communications skills, attention to detail and strong time management skills

Ability to interact in a mature and professional manner with a variety of individuals

Strong knowledge of investing and markets and the ability to research or must evidence the ability to learn and adapt quickly

Excellent judgment, initiative, and adherence to deadlines

Ability to interact with branch office and business unit personnel and be willing to receive and apply feedback on work product from supervisor(s)

Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license - or certification within first 15 months of employment