Financial Crimes Vice President Transaction Monitoring and Strategy
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Job Location:
Spring Valley, NV - USA
Monthly Salary:
Not Disclosed
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
We are seeking someone to join our team as a Coverage Assessment Officer in Global Financial Crimes - Strategy to serve as a Risk and Controls Assessment (RCA) lead.
In the Legal & Compliance division we assist the Firm in achieving its business objectives by facilitating and overseeing the Firms management of legal regulatory and franchise risk. This is a Vice President level position within the GFC Strategy Team. This individual will be responsible for owning and continuously enhancing the end-to-end RCA process related to AML Red Flags transaction monitoring scenarios and risk factor governance.
Since 1935 Morgan Stanley is known as a global leader in financial services always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.
What youll do in the role:
- Manage and provide oversight for the RCA lifecycle including annual AML Red Flags assessments product/service risk analyses inherent and residual risk evaluations and control effectiveness ratings.
- Define and support implementation of governance structures for transaction monitoring scenarios and risk factors including ownership review cycles and formal escalation protocols.
- Lead the continuous improvement of the RCA methodology through standardization integration of technology and use of advanced analytics.
- Support qualitative and quantitative reviews of transaction monitoring scenarios including gap analysis at the product/service level.
- Design and implement a formal mechanism for evaluating effectiveness of scenarios including review of suspicious activity from non-alerted sources.
- Maintain a comprehensive controls framework with structured processes for identifying and addressing control gaps.
- Collaborate with GFC Advisory Business Units Technology and other control partners to execute RCA activities and support remediation plans.
- Support the use of automation data analytics and technology solutions to enhance risk assessments.
What youll bring to the role:
- 8 years of experience in AML risk management or control functions within a large financial institution.
- Bachelors degree required; advanced degree or professional certifications (e.g. CAMS CISA) preferred.
- Proven experience contributing to complex AML control and assessment initiatives.
- Strong knowledge of AML and sanctions risks transaction monitoring frameworks and risk/control taxonomies.
- Familiarity with AML detection platforms such as Actimize SAS Oracle etc.
- Experience with advanced analytics or machine learning is a plus.
- Effective communicator with ability to engage senior stakeholders and cross-functional teams.
- Comfortable working independently in a fast-paced evolving environment.
- Resilient solutions-oriented and committed to continuous improvement.
Where youll be working:
This role will require in office attendance 3 days/week. Two of those days will be Anchor Days where you will be in the office with your teammates to learn grow and collaborate in person.
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first doing the right thing leading with exceptional ideas committing to diversity and inclusion and giving back - arent just beliefs they guide the decisions we make every day to do whats best for our clients communities and more than 80000 employees in 1200 offices across 42 countries. At Morgan Stanley youll find an opportunity to work alongside the best and the brightest in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey offering some of the most attractive and comprehensive employee benefits and perks in the industry. Theres also ample opportunity to move about the business for those who show passion and grit in their work.
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Morgan Stanleys 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).
Required Experience:
Exec
Key Skills
- Change Management
- Financial Services
- Growing Experience
- Managed Care
- Management Experience
- Analysis Skills
- Senior Leadership
- Performance Management
- Process Management
- Leadership Experience
- negotiation
- Analytics
About Company
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, ... View more
