Global Financial Crimes: Screening Project Manager (Vice President)

Global Financial Crimes : Screening Project Manager (Vice President)

Job Number : 3256710

3256710

Posting Date

Sep 10, 2024

Primary Location

Americas-United States of America-Maryland-Baltimore

OtherEmployment Type : Full TimeJob Level : Vice President

Description

Company Profile

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 43 countries.

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 integrity, excellence, and strong team ethic.

Morgan Stanley can provide a superior foundation for building a professional career a place for people to learn, to achieve and grow.

A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Department Profile

Global Financial Crimes (GFC) coordinates day-to-day implementation of the Firm’s enterprise-wide financial crime prevention efforts.

GFC includes several legal and compliance disciplines and has responsibility for governance, oversight and execution of the Firm’s Anti-Money Laundering (AML), Economic Sanctions, Anti-Corruption and Government and Political Activities Compliance programs.

GFC also develops and / or assists in the development of appropriate policies and procedures, including those designed to assist the business units to know their clients and conduct appropriate due diligence and to prevent, detect and report potentially suspicious activity.

GFC has dedicated coverage managers and teams of analysts who advise and counsel each business unit regarding its AML, economic sanctions and anti-corruption obligations and its particular clients and transactions.

Background on the Team

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 an experienced professional to join the GFC Monitoring and Screening Controls team as a project manager and business analyst supporting the Firm’s Screening controls program.

In this role, the candidate will plan and oversee the execution of complex projects (technical and non-technical), coordinate with stakeholders across GFC, the Business and Technology to gather and analyze requirements and assist the Head of Screening Controls and stakeholders in KYC and Sanctions Advisory execute on the Program’s business-as-usual sanctions obligations as well as manage strategic projects.

Primary Responsibilities

• Develop and execute project plans to support the sanctions screening program, including process improvements, technology upgrades, and regulatory imperatives.
• Collaborate with team members and external stakeholders to communicate project status to senior management and to identify and resolve project challenges, and escalate risks and issues as needed.
• Provide US-hours support for ad-hoc inquiries from first line risk, business and operations groups and internal GFC Legal and Advisory with respect to the screening controls program
• Assist with responding to regulatory exams, inquiries and internal audits, including overseeing document production
• Conduct data analysis and targeted back-testing to support both ongoing operations and strategic initiatives associated with the sanctions screening control environment.
• Participate in the development and implementation of policies, procedures and training programs related to financial crime risk management.
• Facilitate and attend key governance forums (working groups, steering committees, etc.), partnering with senior stakeholders to develop materials, streamline processes and addressing challenges to drive decision making
• Support the ongoing creation of key performance and key risk metrics
• Identify opportunities to improve the effectiveness and efficiency of the overall Program
• Maintain awareness of regulatory changes related to economic sanctions and KYC, ensuring the screening controls environment facilitates the Firms compliance with any change in laws and regulations.
• 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

Qualifications

Skills Desired

• 5+ years relevant work experience in project management, managing work in the screening or relevant financial crimes control space
• Strong understanding of KYC and global sanctions programs administered and enforced across Americas and EMEA (e.g., OFAC, OFSI, UNSC)
• 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 written and verbal communication skills, with the ability to present complex information in a clear and concise manner, including experience collating information in response to regulatory and other related inquiries
• Experience scoping, developing and prioritizing plans for strategic pieces of work
• Ability to identify, monitor and manage project risks, issues and dependencies and agree appropriate risk responses
• Technology savvy with ability to quickly learn new systems and tools, and to identify and implement enhancements; experience with self-directed data acquisition / analysis (e.

g., leveraging database query tools, analytical methods) is a plus

• Familiar with Agile methodology and relevant productivity software such as Jive, Jira, and Tableau
• 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

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).

For Baltimore, expected base pay rates for the role will be between $105,000 and $170,000 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.