Global Financial Crimes Sanctions Compliance Coverage Director (AVP)

About the role

We are seeking someone to join our team as a Sanctions Compliance Coverage Professional (ISG / IM) in Global Financial Crimes to be responsible for compliance and regulatory matters pertaining to economic sanctions programs adhered to under the Firm's Global Sanctions Policy, including the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), His Majesty's Treasury of the United Kingdom's Office of Financial Sanctions Implementation (OFSI), the United Nations Security Council (UNSC), and the Council of the European Union (EU Council).

Responsibilities

• Aid in the ongoing development, administration, and implementation of the Firm's economic sanctions compliance program.
• Review and investigate escalated payments and/or transactions identified for potential matches to sanctions lists; ensure prompt handling and response.
• Address sanctions related queries from first line risk, business, and operations groups with respect to sanctioned products and related risks, work with GFC business advisory and legal teams to advise the lines of business on issues.
• 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.
• Develop, recommend, and implement risk-based processes and controls to ensure business unit compliance with economic sanction, especially emerging regimes, and programs.
• Draft, maintain and implement economic sanctions policies and procedures, where appropriate, develop content and deliver training to relevant internal audiences concerning economic sanctions, and collect, interpret, and escalate metrics regarding sanctions compliance-related events.
• Coordinate with the Risk Assessment team on the annual economic sanctions Risk Assessment, assist with regulatory exams and inquiries and internal audits, including overseeing document productions, and conduct ad hoc due diligence projects.

Requirements

• Strong academic credentials; Bachelor's degree required.
• At least 7 years' relevant experience, preferably at a large/complex financial institution, law firm, or government/regulatory body.
• Detail understanding of the laws, rules, regulations, and industry best practice pertaining to economic sanctions, in particular the sanctions programs administered and enforced across EMEA and by OFAC, and experience in managing export control risk.
• Experience in configuration of client and transactional screening technologies and management of alert disposition processes, as well as ability to understand and assess complex commercial transactions.
• Highly motivated self-starter able to work independently while collaborating and coordinating as part of a global program, strong interpersonal skills, communications skills, attention to detail, and effective time management.
• Strong project management skills, analytical and problem-solving skills and the ability to provide viable solutions in a time-sensitive environment and to appropriately escalate issues internally.

Qualifications

• Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license - or certification within first 15 months of employment.

Skills

• Excellent communication and interpersonal skills.
• Attention to detail and effective time management.
• Strong project management and analytical skills.

Benefits

At Morgan Stanley, we offer a competitive compensation package, including a range of base pay rates between $90,000 and $155,000 per year at the commencement of employment. Additionally, we provide a comprehensive benefits package, including:

• Discretionary bonuses
• Incentive compensation
• Short and long-term incentive packages
• Sponsored benefit programs

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.

Pay

Base pay rates for the role will be between $90,000 and $155,000 per year at the commencement of employment.

Schedule

Details on the schedule will be provided during the interview process.