Global Financial Crimes: RCA Lead Officer

About Global Financial Crimes:

The GFC Monitoring and Screening Controls team is a central program management team of specialists and experts responsible for managing complex, cross-functional initiatives as well as the development, enhancement and governance of technology controls that support the Firm's AML, KYC and Sanctions obligations. The remit of the team includes suspicious activity/AML transaction monitoring, sanctions screening, negative news and politically exposed persons (PEP) screening, customer activity reviews and the Enterprise Customer Risk Ranking (ECRR) program.

Position Description:

We're looking for program manager to join the GFC Monitoring and Screening Controls team to develop and lead the Program's Risk and Controls Assessment (RCA) process, focusing on AML red flags, and our associated Transaction Monitoring controls. In this role, the candidate will be responsible for executing and enhancing the current RCA process - this includes overseeing the annual AML Red Flags assessment, products and services analysis, inherent risk and control effectiveness assessment, and residual risk calculation. In addition, the Firm is looking for a candidate who is forward-looking and strategic, who can enhance the overall process - specifically, improving risk and controls assessment approaches for both inherent and residual risks, standardizing content to drive consistency and completeness of approach, designing protocols for handling potential control deficiencies and appropriate remediation planning, identifying areas where technology can support the framework and identifying quick wins and areas can enhance the processes quickly.

This position report will report to the Deputy Head of GFC Monitoring and Screening Controls.

Responsibilities:

• Lead and transform the Monitoring and Screening Risk and Control Assessment (RCA) end-to-end processes
• Work with subject matter experts across GFC Advisory, the Business and Technology in the coordination of inherent risk assessments, control performance self-assessments, residual risk validation and remediation planning; ensure robust documentation of the process and rational behind decisions made
• Support and coordinate the delivery of realistic remediation plans based on the outputs of the RCA processes, senior stakeholder-buy
• Facilitate and attend key governance forums related to the RCA, partnering with stakeholders to develop materials, advising and assisting with key decision making
• Provide documentation and contribute to discussions with internal and external control functions (including internal audit and regulators)
• Lead the coordination and delivery of key management information reporting to senior management within, and external to the division
• Regularly engage in performance analysis, specifically to analyze the successful completion of short- and long-term goals
• Bring thought leadership and experience to the Program, empowered to make changes to optimize and streamline existing processes
• Help to drive innovation and continuous improvement within the GFC Monitoring and Screening Program through the management of related strategic projects as well as the development and implementation of global frameworks and best practices

What we're looking for in you:

• 8+ years relevant work experience coordinating risk and control assessments, preferably at a large/complex financial institution
• Strong knowledge of AML risks, Sanctions evasion risks and associated taxonomies
• Proven ability to take ideas forward and to challenge others with integrity and maturity
• Strong organizational skills and an ability to manage multiple demands and changing priorities
• Excellent executive presentation and communication skills with demonstrable history of driving discussion, collaboration and decision making at the senior-leadership level
• Thrive on the challenge of change, with the long-term goal of delivering sustainable solutions
• Strong influencing skills to achieve alignment up and down the organization
• Technology savvy with ability to quickly learn new systems and tools, and to identify and implement enhancements
• Ability to perform analysis, identify problems, and design solutions in a collaborative manner within a fast-paced environment
• Outstanding judgement, analytical skills, and critical thinking, including ability to analyze data to draw conclusions/themes and think strategically about presentation of materials
• Ability to work in a proactive and self-directed way with minimal direction and task management
• Strong interpersonal and teamwork skills
• Excellent MS Office skills, including Excel, PowerPoint, and Teams

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.

Expected base pay rates for the role in New York will be between $90,000 and $200000 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 Stanley's 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).