Company Profile
Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.
At Morgan Stanley India, we support the Firm's global businesses, with critical presence across Institutional Securities, Wealth Management and Investment management, as well as in the Firm's infrastructure functions of Technology, Operations, Finance, Risk Management, Legal and Corporate & Enterprise Services. Morgan Stanley has been rooted in India since 1993, with campuses in both Mumbai and Bengaluru. We empower our multi-faceted and talented teams to advance their careers and make a global impact on the business. For those who show passion and grit in their work, there's ample opportunity to move across the businesses.
Division Profile
The Anti-Money Laundering Risk (AML Risk) team is embedded within the Firm's business lines. It is responsible for identifying, assessing, and escalating potential money laundering and reputational risks associated with higher risk client types. The AML Risk team is considered to be in the First Line of defense and supports the onboarding, client due diligence, enhanced due diligence and negative news processes.
Position Summary
The AML Risk Analyst NNS will be responsible for executing risk-relevant activities related to AML. The AML Risk Analyst NNS will identify and assess potential Bank Secrecy Act (BSA), money laundering and reputational risk matters identified through the execution of the Firm's NNS protocols for both new and existing customers. The Analyst will have ultimate responsibility for the identification and, as appropriate, escalation of negative news events or risks.
Key Responsibilities
Key responsibilities will include but will not be limited to the following:
- Review and investigate media alerts and customer information to perform Negative News reviews on all relevant clients
- Perform the First Line of Defense's NNS process for both prospective and existing clients, ensuring appropriate financial crime and reputational risk escalation of negative media alerts
- Actively identify, measure, control and remediate AML and reputational risk issues with partners in Global Financial Crimes Compliance and the Business Unit
- Partner with the Business Units, including U.S. Banks, E*TRADE, International Wealth Management, Field Strategic Services, and WM Risk, to ensure appropriate adherence to BSA/AML requirements and Business Unit Risk Tolerance
- Partner with the Second Line of Defense Global Financial Crimes Compliance teams, including US Investigations and Transaction Monitoring teams, to monitor client relationships on an ongoing basis
- Perform processes in accordance with internal policies, develop and monitor periodic AML reporting and metrics to senior stakeholders, and make recommendations to improve procedures governing AML-related activities
Experience
- Have 0-3 years of relevant experience with BSA/AML Regulations within the financial services industry
- Bachelor's degree from an accredited college / university
- Certified as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license is a plus
Required Skills
- Strong knowledge of Know Your Customer, Customer Identification Program and CDD requirements
- Strong interpersonal skills and ability to communicate effectively both verbally and in writing
- Strong work ethic with an ability to work both independently and with team members, under tight deadlines
- Ability to work in a high volume, fast paced environment
- Ability to work in a matrixed organization, leveraging resources across the organization to complete deliverables
- Ability to handle highly confidential information professionally and with appropriate discretion
- Working knowledge of MS Office suite
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 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. 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. There's also ample opportunity to move about the business for those who show passion and grit in their work.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
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.
