Job Description
Morgan Stanley is a global financial services firm that conducts its business through three principal business segments—Institutional Securities, Wealth Management (WM), and Asset Management. Morgan Stanley provides comprehensive financial advice and services to its clients including brokerage, investment advisory, financial and wealth planning, credit and lending, deposits and cash management, annuities, insurance, retirement, and trust services. 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 doing the right thing, putting clients first, leading with exceptional ideas and a commitment to diversity and inclusion. Morgan Stanley can provide a superior foundation for building a professional career – a place for people to learn, achieve, and grow. Department Profile The Financial Crimes Policy Engagement and Risk Intelligence & Assessment Office supports the firm’s ability to make risk-based financial crimes decisions and execute Financial Crimes Policies consistently by delivering risk intelligence, policy engagement and guidance, and strategic solutions that strengthen controls and reduce operational inefficiencies across Wealth Management, E*TRADE, U.S. Banks, and Investment Management business lines. A core component of the function is program-wide financial crimes risk identification & assessment team that leverage tools, analytics, and risk intelligence to evaluate large-scale datasets (e.g., customer populations, due diligence attributes, screening, transactions, product/channel exposure, and geographic risk), identify emerging trends and typologies, and translate insights into actionable control enhancements, risk mitigation, and governance reporting aligned to a risk-based approach Responsibilities The Financial Crimes Risk Intelligence & Assessment Officer VP is responsible for supporting and executing the Firm’s First Line Financial Crimes program for WM and U.S. Banks. The role will be responsible for executing the strategic direction of the Financial Crimes programs and performing advisory, governance and other oversight responsibilities, with a primary emphasis on tool-enabled, portfolio/program-level risk assessment and the ability to convert data signals into defensible risk decisions and control actions consistent with a risk-based framework. This position will work closely with the business, the second- and third-line stakeholders, to ensure the business is compliant with all relevant Financial Crimes standards, policies, procedures and applicable laws and regulations. The role partners with Business, Technology, Compliance, Legal, Operations, and Risk Management teams to translate financial crime risk drivers, typologies and regulatory expectations into actionable control requirements (e.g., due diligence standards, escalation thresholds, documentation requirements, customer risk rating logic, and monitoring triggers) and embed them into operational workflows, tooling, and governance. The Financial Crimes Risk Officer VP Will Assess Financial Crimes risks from new and existing clients to recommend, agree, and communicate risk mitigation action plans, supported by clear documentation, investigative logic, and appropriate escalation narratives. Execute program-wide financial crimes risk assessments (portfolio/thematic) across customer types, products/services, delivery channels, and geographies; synthesize results into prioritized insights and measurable mitigation actions and manage risk through thematic coverage (latent & emerging risk), heightened risk and high-risk portfolio reviews, and targeted deep dives to test hypotheses derived from trend/typology indicators and external risk intelligence. Utilize financial crimes tools and analytical outputs at scale (e.g., KYC/EDD tooling, case management, adverse media/negative news platforms, screening outputs, transaction monitoring alerts, customer risk rating models, and MI dashboards) to identify patterns, anomalies, control gaps, and shifts in exposure; convert analytics outputs into risk decisions, client-level action plans, control enhancements, and credible escalation narratives for senior management and/or governance and oversight forums. Apply a financial crimes investigative background (e.g., investigations, intelligence-led reviews, complex EDD) to identify, articulate, and operationalize trends and typologies, using tools directly and/or partnering with analytics/data teams that perform large-scale analysis; incorporate external typology and red-flag intelligence (e.g., FinCEN advisories/alerts and other public risk intelligence) into monitoring hypotheses, thematic reviews, training content, and escalation criteria. Demonstrate knowledge of U.S. AML/CFT and BSA/AML supervisory ex