GFC Professional (Legal and Compliance) : Job Level - Director

Division

LCD comprises of Legal, Compliance, Global Financial Crimes and Regulatory Relations.

The Legal Department provides guidance, requirements and procedures for understanding and complying with the laws, regulations and Firm policies that apply to our businesses.

The Global Compliance Department identifies applicable Compliance Obligations and maintains a Firmwide Compliance Risk management program, including Compliance Risks that transcend business lines, legal entities and jurisdictions of operation.

Global Financial Crimes is responsible for the development and governance of the Firm's financial crime prevention efforts across all regions and business units. Global Financial Crimes is comprised of the Anti-Money Laundering (AML), Sanctions, Anti-boycott, Anti-Corruption (ACG) and Government and Political Activities Compliance (GPAC) programs.

The Global Regulatory Relations Group (GRRG) is responsible for strategic and centralized management of the supervisory activities of Morgan Stanley's regulators and related developments globally, with a focus on regulatory reviews and examinations and continuous monitoring activities. GRRG serves as the central point of contact for the regulatory staff responsible for supervisory activities at Morgan Stanley entities and for timely reporting to Firm management and other governance or management bodies, as appropriate, on those relationships and supervisory processes, including areas of significant regulatory focus or concern.

LCD Center of Excellence - Mumbai (LCD CoE) is a part of Morgan Stanley's Global In-house Center, which provides global support to LCD and is an integral part of Firm and LCD strategy.

Team: Testing

As part of Morgan Stanley's ongoing commitment to prevent and detect money laundering and terrorist financing, the Firm has adopted a comprehensive, risk-based program to ensure compliance with counter- terrorism and AML laws, rules, regulations, and government guidance. The successful candidate will work closely with each of the business unit and regional GFC teams to plan and execute Compliance testing on GFC processes performed by groups outside of GFC, as well as at third party vendors. Primary Responsibilities (Day Job)

Responsibilities include
Assist with the development, implementation and execution of the annual risk-based GFC test plan.
Conduct all phases of testing to assess the design and operational effectiveness of the Firm's financial crimes processes and controls, under the supervision of the Team Lead and/or Vice President of GFC Testing.
Assist with defining test scopes and designing specific testing steps for each applicable area for assessment.
Perform walkthroughs of processes and analyze transaction samples targeted for testing to identify areas for enhancement to policies, procedures and controls.
Communicate test results to the Vice President of GFC Testing and Global Head of GFC Testing
Participate and/or lead discussions to present identified issues and corrective action plans to relevant stakeholders.
Participate in the preparation of written reports and other deliverables.
Maintain detailed and organized documentation of work product.
Utilize the Firm's online system for documenting the performance of tests by the team
Track the status of and verify the completion of action plans by stakeholders.
Coordinate and collaborate with team members and other professionals in the organization, including GFC Advisory teams, other Monitoring and Testing Groups, and Internal Audit.
Maintain familiarity with the systems utilized by the Firm to address AML, sanctions, and anti-corruption.
Remain current on industry rules, regulations, and best practices to help ensure that the testing program meets regulatory standards.
Work on ad-hoc projects, as requested.

Requirements

Experience

Bachelor's degree from an accredited college / university
6 - 8 years of compliance testing and/or internal/external audit experience, preferably with experience in Anti-Money Laundering, sanctions and/or anti-corruption.
Prior experience at a large financial institution, regulatory agency, or Big 4 is a plus.
Strong investigative skills: inquiry and analysis, interviewing, testing, organization and presentation (both written and oral), with the ability to research and resolve issues independently.
Certified Anti-Money Laundering Specialist (CAMS) - Must obtain CAMS certification within 15 months of employment.

Knowledge

Understanding of AML / KYC
Should exhibit comfort working with technology and the ability to learn and display proficiency on technical systems and programs.
Proficient with MS Office

Skills and Qualities

Team player who can successfully manage multiple projects and priorities
Ability to think independently, form opinions and make decisions
Ability to anticipate ahead of time and escalate issues as appropriate
Pragmatic and analytical problem solving skills - consistently apply sound judgment
Good interpersonal and written / verbal communication skills with the ability to apply sound reasoning when delivering work
Ability to work as part of a team and adapt to the needs of the team as they arise
Successfully meet established deadline requirements - display efficient time management skills
Possess the ability to research and resolve issues independently
Experience in stakeholder management with excellent interpersonal skills and the ability to work effectively with colleagues across regions and Business Units
Have the ability to effectively handle a fast paced environment
Ability to identify and recommend process efficiencies
Attention to detail

Coverage

Monday to Friday from 9 AM to 6 PM India time with flexibility on standard working hours for time sensitive matters (including India Public Holidays).

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise 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 experience

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 85 years. At our foundation are five core values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.

We're committed to bringing passion and customer focus to the business.

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.

Coverage for Audit Jobs
• Monday to Friday from 12:00PM to 9:00PM India time with flexibility on standard working hours for time sensitive matters.
• Periodic evening calls with US and EMEA Internal Auditors and auditees.