Hybrid: Global Financial Crimes: Senior Us Investigations And Screening Professional

Company Profile

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.

Department Profile

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-Tax Evasion, 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.

Background on the Team

The US Investigations team monitors and investigates transactions for suspicious activity.

Reporting Lines

This role reports ultimately to the Head of US Investigations. The role does not have direct reports.

Primary Responsibilities

The Senior US Investigations and Screening Professional will:

• Complete reports to be filed with government regulatory agencies, such as Suspicious Activity Reports (SARs) with the US Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) and Blocked or Rejected Transaction Reports with OFAC
• Manage complex multi-jurisdictional investigations, identifying trends and escalating potentially suspicious activity
• Review and monitor client accounts and transactions for potential matches to adverse media alerts, designated sanctions targets, and prohibited persons lists
• Communicate and coordinate with other departments to further gather relevant information for investigations and/or results of the conducted investigation as needed
• Maintain thorough understanding of money laundering, terrorist financing, fraud and other financial crimes issues, trends and developments and risk management industry better practices
• Analyze, investigate, and resolve surveillance items flagged as potentially suspicious transactions or exceptions, branch or business unit escalations, and law enforcement and information sharing requests
• Proactively identify enhancement opportunities to streamline and improve the investigations process and training materials
• Provide guidance and train junior staff, respond to questions from business units
• Independently review, research, and analyze client transaction activity that may violate anti-money laundering (such as the Bank Secrecy Act, in the US) or economic sanctions (such as the programs administered by the US Department of the Treasury's Office of Foreign Assets Control (OFAC)) laws and regulations of multiple countries in which the Firm conducts business
• Assess transactions by consulting the client's profile and past transactions, as well as public sources of information, make risk-based decisions and recommendations, and escalate issues to management for final decision-making
• Ability to support ad-hoc supervisor-level tasks
• Review wire payment exceptions generated from government watch list alerts, including evaluating and analyzing payments to determine approval, rejection, or the need for further investigation

Role will require in office attendance 3 days/week.

Skills Required (essential)

Candidates must have:

• Excellent interpersonal skills and ability to interact with branch and business unit personnel in a mature and professional manner and apply feedback on work product from supervisor(s)
• Proficient in MS Office (Outlook/Word/Excel)
• Strong understanding of the financial markets and banking, including broker-dealer product-based knowledge, and the ability to research or must evidence the ability to learn and adapt quickly
• 4-year college degree with strong academic credentials
• Excellent judgment, initiative, and adherence to deadlines
• Developed investigative skills - inquiry and analysis, interviewing, testing, organization, and presentation (both written and verbal)
• Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license — or certification within first 15 months of employment
• Experience writing and preparing SARs in accordance with applicable regulatory requirements
• 5-7 years of experience in reviewing customer transactions and information for potentially suspicious activity and performing AML or financial investigations
• Excellent written and verbal communications skills, attention to detail and strong time management skills
• Experience in conducting due diligence

Skills desired

• Experience with mortgage, retail, institutional lending, or FX businesses
• Able to maintain a positive and professional attitude in a fast-paced environment
• Experience with Office of the Comptroller (OCC) regulations and bank safety and soundness guidance provided by the Federal Financial Institutions Examination Council (FFIEC)
• Candidate should be a highly responsive team player who can think independently

Expected base pay rates for the role in New York will be between 85000 and 135000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).

Posting Date

Mar 28, 2023

Primary Location

Americas-United States of America-New York-New York

Other Locations

Americas-United States of America-Georgia-Alpharetta, Americas-United States of America-Maryland-Baltimore, Americas-United States of America-Virginia-Arlington

Education Level

Bachelor's Degree

Job

Other

Employment Type

Full Time

Job Level

Director