Global Financial Crimes (GFC) Quality Assurance (QA) Associate

Global Financial Crimes (GFC): Quality Assurance (QA) Associate
Glasgow
JR025875

We are seeking someone to join our team as a Global Financial Crimes (GFC): Quality Assurance (QA) Associate.

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 an Associate level position within the Global Financial Crimes Quality Assurance team which performs sample-based post closure reviews on a periodic basis of certain controls performed by groups in the first and second lines of defense to detect risks associated with financial crimes. The objective of these quality reviews is to promote quality and consistency in the execution of controls; and enable GFC management to identify potential enhancements to controls to mitigate and manage risks associated with financial crimes.

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:
- Performing population extraction and sampling of customers subject to Enhanced Due Diligence (EDD) for QA review
- Reviewing completed EDD items to complete analysis sheets containing procedural and analytical questions regarding the Enhanced Due Diligence review
- Determining whether the conclusion of the EDD demonstrates an understanding of the customer and appropriately addresses the material risk
- Determining whether the decision to approve an account opening or refresh or to escalate it to the next level of review was appropriate
- Documenting the QA review process
- Providing as-needed support and guidance to dedicated QA analysts (e.g. ad hoc questions sampling systems navigation) on the assigned area of expertise. Note: After demonstrating expertise in role QA Analysts are often asked to also be reporting owners regularly communicating results and feedback with one or more areas of QA coverage stakeholders as well as being their primary point of contact for QA
- Supporting QA management in efforts to enhance consistency in the performance of GFC activities across processes business lines and regions
- Supporting QA management as needed during regulatory examinations and internal audits

What were looking for:
- At least 4 years relevant experience would generally be expected to find the skills required for this role
- Minimum of 2 years of relevant experience in an anti-money laundering or anti-financial crime group at a large financial institution including experience conducting Customer Due Diligence
- Bachelors degree or equivalent
- Excellent time management skills and ability to execute tasks within tight deadlines
- Excellent analytical skills
- Excellent interpersonal skills necessary to work effectively and collaboratively with colleagues and stakeholders across regions and business units
- Ability to identify root causes for recurring issues identified during the QA process
- Attention to detail
- Ability to take thoughtful and effective ownership of assigned areas of responsibility
- Experience with managing data and records in Excel
- Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license - or certification within 15 months of hire

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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Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement
Interested in flexible working opportunities Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds talents perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting developing and advancing individuals based on their skills and talents.