Job Information
Morgan Stanley Vice President - Quality Control (QC) (Wealth Management) in Mumbai, India
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
The Anti-Money Laundering Risk (AML 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 AML 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
Review findings reported by QC Manager
Review focuses on associated risk factors, including any factors that increase or mitigate the risk posed by the error documented by the QC Analyst/Manager
Assign final Risk Designation as final step to complete QC review process, prior to distribution of results with internal process stakeholders
Qualifications
Experience Required:
Minimum undergraduate degree in related field or an equivalent combination of training and experience
Minimum 5 years of experience in financial crimes/AML compliance testing, Audit or similar related QA/QC testing experience at a financial institution
Skills Required:
Expert knowledge of AML regulatory requirements and expectations (Domestic - US and International - non-US), MS AML Risk policies and procedures, KYC standards, and QC Program
Strong managerial, communications, analytical, organizational, project management and planning skills to be able to develop QC Testing Program, test scripts, testing reports and metrics reporting and manage testing analysts
Strong knowledge of business, products, operations, systems and organization to be able to execute the QC Program
Basic knowledge of MS Office (Microsoft Excel/PowerPoint/Word/Access)
Experience with data and trend analysis related to the management of an AML program
Experience in AML/CFT and/or Legal/Regulatory Compliance
Ability to:
Take initiative, analyze, summarize, and communicate effectively
Investigate, identify issues, impacts and trends as a result of QC testing to propose comprehensive solutions for the business unit and/or organization
Multitask effectively and action matters promptly
Work independently and in a team environment
Handle highly confidential information with appropriate discretion
Work in a high volume, fast paced environment
Work in a matrixed organization, leveraging resources across the organization to perform QC activity and effect change based on QC findings
Additional Skills Desired:
- Certified as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license/audit/control testing certification (is a plus)
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise 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.
Job: *Wealth Management
Title: Vice President - Quality Control (QC) (Wealth Management)
Location: Non-Japan Asia-India-Maharashtra-Mumbai
Requisition ID: 3263699
