1L Financial Crimes Risk, Data Analytics and Reporting Analyst

Financial Crimes Risk Analyst

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 41 countries.

The Financial Crimes Risk (FCR) department 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 FCR department is considered the first line of defense and supports the onboarding, enhanced due diligence, and negative news processes for Morgan Stanley.

The Data, Analytics and Reporting Team (DART) within FCR is seeking a candidate who will provide analytical and reporting automation support for the financial crimes program, regulatory thematic updates, and transformation initiatives across the first line financial crimes processes. In addition to working within FCR, the employee will also collaborate with the Business, IT, Legal and Compliance, and Bank and Field Management.

Key Responsibilities :

Our key priority is to design and build the first line Financial Crimes Risk supervisory framework and control structures. This includes the ability to aggregate, analyze and report on key risk factors in the Financial Crimes space across WM, Bank, and Investment Management businesses, particularly with respect to heightened risk client types and international wealth businesses and compliance with relevant policies and procedures when servicing clients. The ideal candidate will have experience in managing complex strategic projects, related to risk oversight in financial crimes, have expertise in data management and reporting as well as good strategic thinking and communication skills to produce effective monitoring of existing and emerging risks and ultimately effect change in the business' risk management practices.

The candidate will be responsible for collecting, processing, and analyzing data from various sources. The employee will be expected to work independently as well as part of a team to execute the full cycle of quantitative analysis. This includes sourcing raw data, quality checking the data, transforming data as necessary and using data to draw sound conclusions and help drive risk policies. This role requires familiarity with datasets larger than four million records and to build automated and scalable tools for reporting and analysis. The employee will take initiative and responsibility to drive tasks forward. In addition to data management, the ability to reach conclusions quickly and consistently will be critical to being successful in this role. The candidate's primary responsibilities will include :

• Support development of control structure based on ongoing analysis and relevant risks related to the first line financial crimes risk program, including regulatory and transformation initiatives
• Through data-driven analyses, liaise with functional area representatives from FCR and its stakeholders to identify and assess potential gaps in the risk framework and provide recommendations on control structures
• Assist with developing requirements and work closely with technology, data & analytics, and operations teams to drive relevant data sourcing systemic control development
• Manage projects to build automated and scalable tools for reporting, analysis and gaining efficiencies in financial crimes risk processes
• Assist in designing and implementing a holistic risk management framework for the firm's financial crimes risk program
• Integrate new code into existing risk supervision framework
• Perform data analysis on special topics related to key events and regulations
• Assist in building data pipelines to support risk management process

Required Skills :

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.

Expected base pay rates for the role will be between $95,000 and $120,000 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.

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.