Morgan Stanley · 10 hours ago
Director, Compliance
Baltimore, MD
Full-time
Hybrid
Mid, Senior Level
$108K/yr - $125K/yr
5+ years expMorgan Stanley is a leading global financial services firm providing a wide range of investment banking and wealth management services. The Director of Compliance will assist in the development and optimization of Financial Crime Compliance models, overseeing analyses and ensuring regulatory compliance while supporting model risk management efforts.
Asset ManagementFinanceFinancial ServicesLending
Responsibilities
Assist in the development, maintenance, enhancement, and optimization of various Financial Crime Compliance (FCC) models, including models used for customer risk ranking, transaction monitoring, and sanctions screening
Oversee and execute qualitative and quantitative analyses associated with ongoing monitoring, periodic assessments, above-the-line testing, below-the-line testing, and tuning
Support model and tool developers and vendors to perform adequate testing of the models, perform root-cause analyses for identifying potential anomalies in model performance, and design challenger models or compensating controls to assure model performance
Document the analyses, recommendations, and rationales for each activity related to the models’ reporting responsibilities
Assist with adding, editing, and identifying new models, documenting model changes, and reconciling model inventory information
Stay informed of regulatory developments impacting model risk and financial crime compliance (e.g., AML, Sanctions, Market Abuse etc.) and conduct internal and external research surrounding new trends in modelling approaches, perform gap analysis with existing model controls, provide proposals, and assist stakeholders in implementing proposed solutions
Track and report model and tool changes and results of model tuning and optimization activities to LCD advisory heads, the Model Risk Management, and the Internal Audit groups
Liaise with the MRM Group, the Internal Audit Department, Regulatory Bodies, and other stakeholders as needed during reviews, validations, and exams to fulfill information requests
Support the enhancement of model risk control policies and procedures in line with regulatory expectations and industry best practices
Qualification
Required
Requires a Bachelor's degree in Computer Engineering, Financial Engineering, or a related field of study
Requires five (5) years of experience in the position offered or five (5) years as a Director, Associate, Manager, Data Scientist, or a closely related occupation
Requires five (5) years of experience with the following skills: Anti-Money Laundering and Fraud and Financial Crime Risk Management including Bank Secrecy Act, and financial crime compliance frameworks
Requires five (5) years of experience with SQL queries
Requires five (5) years of experience with databases including DB2 and Hadoop
Requires five (5) years of experience with Excel including PowerQuery, VBA macro automation, VLOOKUP, INDEX, and PivotTables
Requires five (5) years of experience with providing recommendations based on analytical outcomes
Requires two (2) years of experience with the following skills: model risk management and guidelines including SR11-7
Requires two (2) years of experience with complete model lifecycle including development, validation, documentation, governance, and inventory management
Requires two (2) years of experience with risk data analytics using statistical methods including binomial tests, t-tests, and regression
Requires two (2) years of experience with using Python and R for quantitative analysis, model performance monitoring, and KRI/KPI development
Requires two (2) years of experience with designing, tracking, and reporting risk metrics
Requires two (2) years of experience with regulator frameworks including Comprehensive Capital Analysis and Review (CCAR)
Benefits
Medical
Prescription Drug
Dental
Vision
Health Savings Account
Dependent Day Care Savings Account
Life Insurance
Disability and Other Insurance Plans
Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually)
10 Paid Holidays
401(k)
Short/Long Term Disability
Company
Morgan Stanley
Morgan Stanley is a financial services company that offers securities, asset management, and credit services.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
unknown1997-02-05IPO
Leadership Team
James Gorman
Chairman and CEO
Ted Pick
Chief Executive Officer (CEO)
Recent News
2026-02-04
2026-02-04
2026-02-02
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