Investment Due Diligence - Vice President (Dublin)
Investment Management Financial Crimes Risk
Morgan Stanley is a global financial services firm that conducts its business through three principal business segments - Institutional Securities, Wealth Management, and Investment Management. 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 doing the right thing, putting clients first, leading with exceptional ideas and a commitment to diversity and inclusion. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, achieve, and grow.
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Department Profile:
The Investment Management (IM) Financial Crimes Risk Team is embedded within the Firm's business line. It is responsible for identifying, assessing, and escalating potential money laundering and reputational risk issues associated with higher risk client types. The IM Financial Crimes Risk Team is considered the first line of defense and supports the onboarding, enhanced due diligence, and negative news processes for Morgan Stanley.
Primary Responsibilities:
The Investment Due Diligence VP is responsible for executing the firm's first line Financial Crimes program for IM. The role will be responsible for BSA/AML due diligence on investments of IM Funds. This position will work closely with Global Financial Crimes (GFC) stakeholders to ensure the business is compliant with all relevant Financial Crimes standards, policies, procedures and applicable laws and regulations.
The Investment Due Diligence VP will:
- In collaboration with GFC, lead the evaluation of investment opportunities and counterparties to ensure compliance BSA/AML rules/regulations and IM Risk Appetite.
- Conduct in-depth diligence on portfolio companies and investment structures to identify and mitigate AML risks.
- Develop and implement robust frameworks for identifying, assessing, and managing BSA/AML risks associated with new and existing investments.
- Evaluate investment entities' policies, controls, an adherence to sanctions, KYC, and anti-corruption requirements.
- Work with investment teams to integrate AML risk considerations into the investment decision-making process.
- Provide actionable recommendations to mitigate identified risks while supporting strategic objectives of the IM business.
- Develop and maintain policies, procedures, and governance structures as well as drive continuous improvements in oversight practices.
- Oversee the ongoing monitoring of investment-related AML risks, ensuring timely escalation and resolution of identified issues.
- Develop and maintain dashboards and reporting tools for investment-related AML monitoring.
Required Experience and Skills:
- Extensive relevant experience with BSA/AML Regulations within the financial services industry, or at a financial services regulator (e.g., FINRA, Securities and Exchange Commission, Office of the Comptroller of the Currency, Federal Reserve Bank, etc.)
- Have an undergraduate degree in Business, Finance, Legal, or other related fields.
- Strong understanding of Investment Management processes as well as Investment due diligence practices for Public and Private Funds.
- Strong leadership qualities with the ability to manage teams and evidence a strong work ethic as well as a high degree of integrity.
- Implementation and execution of Financial Crimes Programs requirements
- Knowledge of Financial Crimes laws and regulations and familiarity with best practice first line procedures and processes
- Operate with confidence and comfort in high-paced and high-profile environments.
- Analyze, summarize, and communicate effectively.
- Distill complex ideas and concepts into actionable items.
- Identify issues, investigate root causes, and propose comprehensive solutions.
- Handle highly confidential information professionally and with appropriate discretion.
- Certified as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license is a plus.
- Knowledge of Financial Crimes regulatory requirements and expectations
- Working knowledge of MS Office (Microsoft Excel/PowerPoint/Word/Access)
- Strong time management and planning skills
- Strong interpersonal skills and ability to communicate effectively both verbally and in writing.
- Experience in supporting audit and regulatory inquiries and interactions.
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.
Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.
Flexible work statement
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
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.