Quality Control Assistant Vice President

Morgan Stanley (MS) is a global financial services firm that conducts its business through three principal business segmentsInstitutional Securities Wealth Management (WM) and Asset Management. Morgan Stanley provides comprehensive financial advice and services to its clients including brokerage investment advisory financial and wealth planning credit and lending deposits and cash management annuities insurance retirement and trust services.

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 doing the right thing putting clients first leading with exceptional ideas and a commitment to diversity and inclusion. Morgan Stanley can provide a superior foundation for building a professional career a place for people to learn achieve and grow.

Department Profile

The WM and U.S. Banks Financial Crimes Risk Team is embedded within the Firms business line. It is responsible for identifying assessing and escalating potential money laundering and reputational risk issues associated with higher risk client types. The AML Risk Team is considered the first line of defense and supports the onboarding enhanced due diligence and negative news processes for Morgan Stanley.

Primary Responsibilities

• Perform an end-to-end Quality Control KYC review of new onboarding and periodic review files as an individual contributor
• Determine sampling population in accordance with procedures
• Assist in preparing ongoing and ad hoc reporting for senior management
• Report metrics and communicate results to senior management and stakeholders
• Share any required feedback with QC Analysts to ensure consistency / standardize findings
• Escalate weekly results with Quality Control Bank Officers for final review and sign-off

Required Experience:

• Bachelors degree in business Finance or other related field
• Minimum 5 years of experience in financial crimes/AML compliance testing Audit or similar related QA/QC testing experience

Skills Required:

• Strong knowledge of AML regulatory requirements and expectations (Domestic - US and International - non-US) MS AML Risk policies and procedures KYC standards and QC Program and procedures
• Good managerial communications analytical project management and planning skills to be able to implement QC Testing Program including sampling methodology developing metrics and reporting and coordinating with QC Analysts to drive consistency in QC testing and outcomes as appropriate
• Good knowledge of business products operations systems and organization to be able to implement the QC program
• Basic knowledge of MS Office (Microsoft Excel/PowerPoint/Word/Access)

Ability to:

• Take initiative analyze summarize and communicate effectively
• Investigate identify issues impacts and trends as a result of QC testing to propose comprehensive solutions
• Identify and recommend improvements to the QC Program
• Multitask effectively and action matters promptly
• Work independently and in a team environment
• Handle highly confidential information with appropriate discretion.
• Work in a high volume fast paced environment; and
• Work in a matrixed organization leveraging resources across the organization in order to perform QC activity and make recommendations based on QC findings
• Collect data develop trend analysis and prepare reporting of key QC metrics for relevant stakeholders.

Additional Skills Desired:

• Certified as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license/audit/control testing certification (is a plus)

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley we raise manage and allocate capital for our clients helping them reach their goals. We do it in a way thats differentiated and weve done that for 90 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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Expected base pay rates for the role will be between $100K-$135K 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 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).