Job Location : New York,NY, USA
Discover your next career opportunity with Morgan Stanley where we are committed to helping our employees build meaningful careers and where you can learn achieve and grow. Across the globe we believe our greatest asset is our people. As part of our commitment to excellence and to you we offer a comprehensive suite of benefits programs and perks. We stand for doing the right thing putting clients first leading with exceptional ideas committing to diversity and inclusion and giving back.
About Global Financial Crimes
In Global Financial Crimes (GFC) you will play a critical role in identifying potentially suspicious activity protecting vulnerable individuals and safeguarding the integrity of the financial system. GFC coordinates day-to-day implementation of the Firms financial crime prevention efforts. Including governance oversight and execution of the Firms Anti-Money Laundering (AML) Sanctions Anti-Corruption and Government and Political Activities Compliance programs. If you are passionate about financial crimes prevention seeking a rewarding and dynamic career and focused on making a difference then GFC might be the right team for you.
Your Key Responsibilities :
The Deputy Head of Sanctions Compliance will report to the Global Head of Sanctions Compliance and help to lead a global team of in-house financial crimes specialists collectively responsible for coverage of legal compliance and regulatory economic sanctions issues arising in all business units. As the Deputy Head of Sanctions Compliance you will :
Handle compliance and regulatory matters pertaining to economic sanctions programs adhered to under the Firms Global Sanctions Policy including the U.S. Department of the Treasurys Office of Foreign Assets Control (OFAC) His Majestys Treasury of the United Kingdoms Office of Financial Sanctions Implementation (OFSI) the United Nations Security Council (UNSC) and the Council of the European Union (EU Council)
Support the Global Head of Sanctions Compliance in managing a team of sanctions compliance officers based in various locations globally covering the Firms enterprise-wide program
Play a leading role in the ongoing development administration and implementation of the Firms economic sanctions compliance program
Develop recommend and implement risk-based processes and controls to ensure business unit compliance with economic sanctions
Provide written and verbal communication on issues to the lines of business performing and reviewing highly sensitive client and transaction search information reporting escalating and documenting results
Maintain awareness of regulatory changes related to economic sanctions ensuring proper communication and timely implementation of new procedures and / or enhanced due diligence programs in compliance with any change in laws and regulations
Supervise the drafting and implementation of economic sanctions policies and procedures
Coordinate with GFCs Monitoring and Screening Controls function on Global Screening Standards and the implementation of screening rules
Coordinate with the Risk Assessment team on the yearly economic sanctions Risk Assessment
Supervise the review and investigation of escalated payments and / or transactions identified for potential matches to OFAC and other related sanctions lists; ensure prompt handling and response
Develop content for and deliver specialized training to relevant internal audiences concerning economic sanctions for both in-person and Firm-wide online training modules
Conduct ad hoc due diligence projects arising from the administration of the economic sanctions program
Lead OFAC filing efforts in consultation with Financial Crimes Legal
Assist with responding to U.S. regulatory exams and other inquiries and internal audits including overseeing document productions What Were Looking for in You
Strong academic credentials
10 years of relevant experience preferably at a large / complex financial institution law firm or government / regulatory body
Detailed understanding of the laws rules regulations and industry best practice pertaining to economic sanctions in particular the sanctions programs administered and enforced by OFAC and in the EU
Ability to understand and assess a wide variety of complex commercial transactions
Highly motivated self-starter able to work independently while collaborating and coordinating as part of a global program
Experience in configuration of client and transactional screening technologies and management of alert disposition processes
Strong project management skills
Strong analytical and problem-solving skills and the ability to provide viable solutions in a time-sensitive environment
Strong written and verbal communications skills attention to detail and effective time management
Sound judgment and an ability to appropriately escalate issues internally
Strong interpersonal skills and team-player attitude
Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification / license - or certification within first 15 months of employment
Where Youll be Working
This role will require in office attendance 3 days / week. Two of those days will be Anchor Days where you will be in the office with your teammates to learn grow and collaborate in person.
Equal Opportunities Statement
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.
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 - arent just beliefs they guide the decisions we make every day to do whats best for our clients communities and more than 80000 employees in 1200 offices across 42 countries. At Morgan Stanley youll 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. Theres 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 $85000 and $140000 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 Stanleys 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).
Required Experience :
Director
Key Skills
Campaigns,Data Entry,Christmas Temporary,Advocacy,Control Engineering
Employment Type : Full-Time
Experience : years
Vacancy : 1
Yearly Salary Salary : 85000 - 140000
#J-18808-Ljbffr