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 both 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 GFC 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. The Global Know Your Customer (KYC) Advisory team is focused on the Firm’s KYC obligations globally.
The Global Head of Know Your Customer (KYC) Advisory can be based in either New York City, London, or Baltimore, Maryland.
The Global Head of KYC Advisory is responsible for the implementation, maintenance and enhancement of KYC policy and controls across the Enterprise, while promoting consistency across business lines and regions in the day-to-day implementation of certain aspects of the KYC program.
Specific job responsibilities include:
Plan, coordinate, and track the implementation of the Firm’s Global KYC Standards, including periodic refresh, and related regional standards
Advise key stakeholders of KYC regulatory and policy requirements and suggest enhancement of KYC controls in response to regulatory and policy change
Lead and coordinate with regional GFC Advisory teams in the periodic refresh process, including coordinating with Operations, Business Unit stakeholders and Technology to implement enhancements and control changes
Manage the governance and oversight of the Firm’s KYC efforts, including the Firm’s KYC Standards Committee and working groups with GFC, business unit, Operations, and Technology representation
Coordinate with GFC Policies & Training to make enhancements/updates to the Global KYC Standards and related regional standards across the Firm
Coordinate with GFC colleagues on the implementation and continued maintenance of Customer Risk Ranking controls
Represent the Firm with respect to KYC controls in internal, external, and regulatory audits and examinations
College degree with strong academic credentials
10 to 15 years of professional experience in a Financial Crimes, Compliance, Audit, or Risk Management capacity within the financial services industry
Prior experience and extensive knowledge of the practical impact of KYC requirements on day-to-day business and operational functions such as client onboarding and periodic review
Strong knowledge of the securities regulatory environment, including familiarity with regulatory authorities (e.g., Office of the Comptroller of the Currency, Federal Reserve, OFAC, Financial Crimes Enforcement Network, Financial Conduct Authority, etc.)
Strong understanding of financial markets, banking and broker dealers
Strong organizational, analytical, and communication skills
Strong interpersonal skills and ability to partner with key stakeholders to develop practical solutions that meet business needs while remaining compliant with applicable laws and regulations
Ability to research and resolve issues independently while working across teams to acquire information
Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license – or certification within 15 months of hire
Internal Number: 3174179
About Morgan Stanley
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