Global Financial Crimes: AML Investigations Professional

Baltimore, MD
Jul 11, 2018
Jul 16, 2018
Full Time
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 several legal and compliance disciplines and has responsibility for governance, oversight and execution of the Firm's Anti-Money Laundering (AML), Sanctions, Anti-Corruption 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 AML, economic sanctions and anti-corruption obligations and its particular clients and transactions. Background on the Team The AML group focuses on the anti-money laundering obligations associated with the Firm's businesses. The group is comprised of two main functions. The first focuses on the enhanced due diligence associated with new clients and accounts. The second monitors and investigates transactions for suspicious activity. Both teams roll up to the Head of AML for the Americas. Reporting Lines This role reports ultimately to the Head of AML for the Americas. The role does not have direct reports. Primary Responsibilities The AML Investigations Professional will: - Receive and monitor escalations that arise from employee submissions to the Incident Response System (iRespond), the Firms central reporting point for incidents of potential fraud, inappropriate disclosure, misdirected communication or other suspicious activity. - Analyze, investigate and resolve surveillance items flagged as potentially suspicious transactions or exceptions, with a focus on events that may have resulted in Firm, employee or client information being lost, stolen or acquired by an unauthorized party. - Review and monitor client accounts and transactions for potential matches to adverse media alerts, designated sanctions targets and prohibited persons lists - Review outgoing wire payment exceptions generated from government watch list alerts, including evaluating and analyzing payments to determine approval, rejection or the need for further investigation - Investigate potentially suspicious activity arising from account surveillance, branch or business unit escalations, and Grand Jury subpoenas - Assist in the investigation, drafting and filing of Suspicious Activity Reports - Conduct due diligence searches in various third-party and internal databases - Assist with other areas of the AML ISG Program (eg, Foreign Bank Certification reviews, OFAC/Sanctions analysis, periodic reviews, special projects, trade surveillance inquiries) - Assist with compliance with USA PATRIOT Act requirements (eg, CIP, Foreign Bank Certification, Section 312) relating to certain of the Banks' business sectors - Respond to questions from the Wealth Management branches and business unit personnel Skills required (essential) Candidates must have: - 4 year college degree with strong academic credentials - 1 to 5 years of Anti-Money Laundering experience and strong analytical skills - Strong understanding of the financial markets and banking, including broker-dealer product-based knowledge, and the ability to research or must evidence the ability to learn and adapt quickly - Excellent written and verbal communications skills, attention to detail and strong time management skills - Excellent judgment, initiative and adherence to deadlines - Developed investigative skills - inquiry and analysis, interviewing, testing, organization and presentation (both written and verbal) - Excellent interpersonal skills and ability to interact with branch and business unit personnel in a mature and professional manner and apply feedback on work product from supervisor(s) - Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license - or certification within first 15 months of employment Skills desired - Candidate should be a highly responsive team player who can think independently - Must be able to maintain a positive and professional attitude in a fast-paced environment - Experience with Office of the Comptroller ("OCC") regulations and bank safety and soundness guidance provided by the Federal Financial Institutions Examination Council ("FFIEC") - Experience with mortgage, retail, institutional lending or FX businesses

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