AVP, Anti-Money Laundering (AML) Risk - Enhanced Due Diligence (EDD) (m/f)

AREVA Gruppe
Baltimore, MD
Feb 15, 2018
Feb 16, 2018
Accountant, IT
Full Time
Morgan Stanley ("MS") is a global financial services firm that conducts its business through three principal business segments-Institutional Securities, Wealth Management, and Asset Management. Morgan Stanley's network includes approximately 15,000 Financial Advisors with total client assets of over $1.5 trillion. 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 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. Department Profile : The First Line Anti-Money Laundering (AML) AML Risk Office is embedded within the Firm's business line. It is responsible for assessing the AML and reputational risk associated with higher risk client types. The AML Risk Office is considered to be in the First Line of defense and supports the onboarding and client due diligence for Morgan Stanley. Responsibilities : The AML Risk Assistant Vice President (AVP) will be responsible for overseeing risk-relevant activities related to AML. The AML Risk AVP will assess Bank Secrecy Act (BSA)/AML and reputational risk matters identified through the execution of the Firm's Enhanced Due Diligence (EDD) protocols for both new and existing customers. In addition, the AML Risk AVP will have ultimate responsibility for the escalation of issues or risks related to these processes. The First Line AML Risk Assistant Vice President will: A cents € cents Lead key projects and initiatives related to assessing and mitigating the Firm's exposure to AML and reputational risk-relevant activitiesA cents € cents Assist in overall management of risk-relevant matters associated with prospective clients identified by the First Line Unit during Client Due Diligence (CDD) and Enhanced Due Diligence (EDD) processes, including Periodic Review to ensure continued knowledge of the existing client base and any material changes to client informationA cents € cents Actively identify, measure, control and remediate AML and Operational Risk issues with partners in Global Financial Crimes, Compliance and the Business UnitA cents € cents Manage implementation of internal policies, provide periodic AML reporting to senior stakeholders, and make recommendations to improve procedures governing AML-related activitiesA cents € cents Partner with the Business Unit to ensure appropriate adherence to client due diligence processes while providing a positive client experienceA cents € cents Partner with the Second Line of Defense Compliance teams to monitor client relationships on an ongoing basisA cents € cents Collaborate with Global Financial Crimes to ensure the BSA/AML program operates effectively and continue to comply with industry regulations and expectationsA cents € cents Provide general supervisory support for First Line Analysts and serve as their point of contact for questions and issues Qualifications Required Experience : A cents € cents Have 5-7 years of relevant experience with Bank Secrecy Act (BSA)/AML Regulations within the financial services industry, or at a financial services regulator (eg, Office of the Comptroller of the Currency, Federal Reserve Bank, Securities and Exchange Commission, etc.)A cents € cents Have an undergraduate degree in Business, Finance, or other related fieldA cents € cents Certified as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license is a plusA cents € cents Strong knowledge of Know Your Customer and Customer Identification Program requirementsA cents € cents Strong leadership qualities with the ability to manage teams and evidence a strong work ethic as well as a high degree of integrityA cents € cents Strong interpersonal skills and ability to communicate effectively both verbally and in writingA cents € cents Ability to work both independently and with team members, under tight deadlines A cents € cents Ability to work in a matrixed organization; leveraging resources across the organization to complete deliverablesA cents € cents Ability to handle highly confidential information professionally and with appropriate discretionA cents € cents Be capable of assessing and developing individual and team skills and providing timely constructive feedback Skills Desired : A cents € cents Fluent in Spanish or Portuguese is a plus A little about us: Since its founding in 1935, Morgan Stanley and its people have helped redefine the meaning of financial services.

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