Global Financial Crimes: Wealth Management and Bank GFC Advisory Professional
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 ethic. 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.
Global Financial Crimes (GFC) coordinates day-to-day implementation of the Firm's enterprise-wide financial crime prevention efforts. GFC includes several legal and compliance disciplines and has responsibility for governance, oversight and execution of the Firm's Anti-Money Laundering (AML), Economic Sanctions, Anti-Corruption and Government and Political Activities Compliance programs. GFC also develops and/or assists in the development of appropriate policies and procedures, including those designed to assist the business units to know their clients and conduct appropriate due diligence and to prevent, detect and report potentially suspicious activity. GFC has dedicated coverage managers and teams of analysts who advise and counsel each business unit regarding its AML, economic sanctions and anti-corruption obligations and its particular clients and transactions.
Background on the Team
The GFC Advisory group focuses on the anti-money laundering obligations associated with the Firm's businesses. The group is comprised of two main functions. The first focuses on the enhanced due diligence associated with new clients and accounts. The second monitors and investigates transactions for suspicious activity.
This role reports ultimately to the Head of Wealth Management and Bank GFC Advisory. The role does not have direct reports.
The WM and Bank GFC Advisory Professional will:
- Conduct comprehensive enhanced due diligence reviews of both new and existing clients including analyzing corporate structures and other documentation as necessary
- Develop an understanding of anti-money laundering regulations, policies, and procedures
- Engage various third-party and internal databases to assist with due diligence searches as needed
- Assist with the review of client accounts for potential matches to designated sanctions targets and prohibited persons lists
- Participate in team meetings lead by the Head of WM and Bank GFC Advisory or designee
- Respond to questions from the field when escalated
- Document Enhanced Due Diligence review findings including all pertinent facts and information to support result
Skills required (essential)
Candidates must have:
- 4 year college degree with strong academic credentials
- Strong analytical skills
- 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
- General 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
- Fluent in Spanish or Portuguese
- Highly responsive team player who can think independently
- Ability to maintain a positive and professional attitude in a fast-paced environment