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), Sanctions, Anti-Corruption, Anti-Tax Evasion, 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, anti-corruption, anti-tax evasion, and political activity obligations and its particular clients and transactions.
Morgan Stanley is committed to a strong GFC program to protect against the use of the Firm’s products, services, and facilities for prohibited transactions or the purpose of evading, avoiding or otherwise circumventing sanctions, AML, anti-corruption, anti-tax evasion, and political activity laws and regulations. The Firm has adopted a comprehensive, risk-based program to ensure compliance with applicable laws, regulations and government guidance. GFC Legal Advisory provides legal advice, expertise, and guidance to all business lines and works closely with senior members of GFC in support of the enterprise-wide program.
The Americas Head of GFC Institutional Securities Group (ISG) coverage will be based in New York and report directly to the Americas Head of ISG and MSIM Financial Crimes Advisory. The Americas Head of GFC ISG coverage will be tasked with leading a team of Morgan Stanley personnel in the Americas (including Canada and Latin America) with responsibility for the day-to-day execution of the overall financial crimes program, with a focus on AML, for the Institutional Securities business at Morgan Stanley, which includes investment banking, global capital markets, fixed income, and institutional equities.
Specific job responsibilities include:
Supervision of Americas-based financial crimes advisory team (including Canada and Latin America) regarding all financial crimes compliance matters, with a particular focus on AML;
Serve as point of escalation and provide support in connection with Know Your Customer (KYC) onboarding, enhanced due diligence and transactional due diligence matters
Advise on transactional due diligence with respect to clients, counterparties, co-investors, and target companies/assets and provide guidance to the business on due diligence requirements
Advise on the performance of customer risk ranking reviews
Assist in the review and approval of New Product Approvals
Provide oversight on the review and resolve of negative news and sanctions escalations
Develop and communicate a GFC risk view with respect to clients, counterparties, and/or transaction
Draft/revise and execute on policies and procedures
Develop content and deliver training to the BUs, risk, legal, compliance and other first-line and other support functions
Serve as point of escalation and provide support in connection with regulatory interpretation and application of facts in connection with policies
Serve on various business, compliance and risk committees
Assist with responding to U.S. regulatory exams and other inquiries, and internal audits, including overseeing document production
Liaise and coordinate within GFC and with key stakeholders across the Firm, including Legal, Compliance, Regulatory Relations, and Risk, to ensure appropriate execution of the Firm's enterprise-wide financial crimes prevention program
Represent the Firm in relevant industry groups and other external forums
Candidates must have:
Minimum of 7-10 years of relevant experience, preferably at a large/complex financial institution, law firm, or government/regulatory body
Detailed understanding of the laws, rules, and regulations pertaining to AML as well as sanctions and anti-corruption
Solid knowledge of Institutional Securities, including M&A, sales and trading, equity underwriting, and debt financing, and the ability to understand and assess a wide variety of complex commercial transactions
Highly-motivated self-starter able to work independently while collaborating and coordinating as part of a global program
Strong analytical and problem-solving skills and the ability to provide viable solutions in a time-sensitive environment
Exceptional written and verbal communications skills, attention to detail, and effective time management
Strong project management skills
Sound judgment and an ability to appropriately escalate issues internally
Outstanding interpersonal skills and team-player attitude
Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license - or certification within first 15 months of employment
Juris Doctor (JD) degree with strong academic credentials
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