Executive Director – Financial Crimes Program Management - Morgan Stanley
New York, NY 10001
About the Job
DescriptionMorgan Stanley is a global financial services firm that conducts its business through three principal business segments—Institutional Securities, Wealth Management (WM), and Asset 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. The WM and U.S. Banks 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 WM and U.S. Banks 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 Financial Crimes Program Management ED will manage projects that are part of the Financial Crimes Risk Program portfolio.The Financial Crimes Program Management ED will:
• Manage key projects and initiatives related to assessing and mitigating the Firm’s exposure to money laundering and other financial crimes
• Liaise with internal stakeholders and team members to identify/agree dependencies, milestones, and major deliverables
• Oversee/supervise project budgets
• Ensure documentation quality for project requirements, design, testing and implementation/post-implementation
• Manage related project issue tracking and resolution
• Drive relevant discussions and decisions, and coordinate action item tracking, project plans, milestones, and meeting documentation
• Track and report status on multiple cross-divisional projects/programs across divisions, functions and workstreams
• Collaborate with internal stakeholders including Business Leaders, Second Line, Technology, and Internal Audit
• Support regulatory inquiries and/or exams#LI-AJ1QualificationsRequired Experience:10+ years of experience in project management5+ years of experience in financial crimes/AMLHave a bachelor’s degree in Business, Finance, or another related fieldExperience managing compliance projects and/or examsAbility to:Take initiative, analyze, summarize, and communicate effectivelyMultitask effectively and appropriately prioritize assignmentsWork both independently and in a team environmentDistill complex ideas and concepts into actionable itemsWork in a matrixed organization; leveraging resources across the organization to complete deliverablesInvestigate, identify issues, impacts and trends to propose comprehensive solutionsConduct meaningful root cause and trend analysisDevelop internal relationships, influence stakeholders, and build consensusHandle highly confidential information professionally and with appropriate discretionAdditional Skills Desired:Project Management Professional (PMP) certification is a plusCertified Anti-Money Laundering Specialist (CAMS) designation is a plusWorking knowledge of MS Office (Microsoft Excel/PowerPoint/Word/Access)General knowledge of AML regulatory requirements and expectations (domestic and international)Strong time management and planning skillsStrong interpersonal skills and ability to communicate effectively both verbally and in writingStrong leadership qualities with the ability to manage teams and evidence a strong work ethic as well as a high degree of integrityExperience in supporting audit and regulatory inquiries and interactions with senior management, and consultantsMorgan 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).Expected base pay rates for the role will be between $150,000 and $235,000 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.#LI-AJ1Job Field: Wealth Management
• Manage key projects and initiatives related to assessing and mitigating the Firm’s exposure to money laundering and other financial crimes
• Liaise with internal stakeholders and team members to identify/agree dependencies, milestones, and major deliverables
• Oversee/supervise project budgets
• Ensure documentation quality for project requirements, design, testing and implementation/post-implementation
• Manage related project issue tracking and resolution
• Drive relevant discussions and decisions, and coordinate action item tracking, project plans, milestones, and meeting documentation
• Track and report status on multiple cross-divisional projects/programs across divisions, functions and workstreams
• Collaborate with internal stakeholders including Business Leaders, Second Line, Technology, and Internal Audit
• Support regulatory inquiries and/or exams#LI-AJ1QualificationsRequired Experience:10+ years of experience in project management5+ years of experience in financial crimes/AMLHave a bachelor’s degree in Business, Finance, or another related fieldExperience managing compliance projects and/or examsAbility to:Take initiative, analyze, summarize, and communicate effectivelyMultitask effectively and appropriately prioritize assignmentsWork both independently and in a team environmentDistill complex ideas and concepts into actionable itemsWork in a matrixed organization; leveraging resources across the organization to complete deliverablesInvestigate, identify issues, impacts and trends to propose comprehensive solutionsConduct meaningful root cause and trend analysisDevelop internal relationships, influence stakeholders, and build consensusHandle highly confidential information professionally and with appropriate discretionAdditional Skills Desired:Project Management Professional (PMP) certification is a plusCertified Anti-Money Laundering Specialist (CAMS) designation is a plusWorking knowledge of MS Office (Microsoft Excel/PowerPoint/Word/Access)General knowledge of AML regulatory requirements and expectations (domestic and international)Strong time management and planning skillsStrong interpersonal skills and ability to communicate effectively both verbally and in writingStrong leadership qualities with the ability to manage teams and evidence a strong work ethic as well as a high degree of integrityExperience in supporting audit and regulatory inquiries and interactions with senior management, and consultantsMorgan 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).Expected base pay rates for the role will be between $150,000 and $235,000 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.#LI-AJ1Job Field: Wealth Management
Source : Morgan Stanley