Anti-Money Laundering (AML)/Bank Secrecy Action (BSA)/Sanctions Team Lead

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Morgan Stanley USA
  • 18 Oct 17 2017-10-18

Anti-Money Laundering (AML)/Bank Secrecy Action (BSA)/Sanctions Team Lead

The Anti-Money Laundering (AML)/Bank Secrecy Action (BSA)/Sanctions Team Lead for Internal Audit will be responsible for aspects of the AML/BSA/OFAC and Anti-Corruption/Anti-Bribery Audit function based in New York. In addition, this role is responsible for coordinating AML related audit activity across the locations and business/functions and will participant in the firm-wide annual assessment of the firm's control environment and compliance with all applicable AML/BSA/OFAC rules and regulations.
The role also coordinates the AML/BSA/Sanctions Internal Audit Training Program for the department in partnership with Internal Audit's Operations Team. This position requires a seasoned auditor and or AML professional with extensive banking knowledge and expertise. The role is balanced between day-to-day high level operational audit execution and advisory with business-aligned audit teams and participating in the development of the strategic direction of the relevant Infrastructure area.
This high visibility role reports to the Global Head of Anti-Money Laundering (AML)/Bank Secrecy Action (BSA)/Sanctions/Anti-Bribery and Corruption Audit and manages a high performing team of three professionals in New York in addition to coordinating with professionals outside of the US. The role will execute the AML/BSA/Sanctions Audit Program, ensuring appropriate coverage of processes and identifying potential issues across the businesses, functions and locations. You will work to continuously improve the program and processes throughout the team and wider audit group, and participate in various high profile special projects as required.
An excellent negotiator, you will be able to proactively and effectively communicate issues and make recommendations with all levels across the business. You will have previous senior-level internal audit experience gained within the financial services industry and in-depth knowledge and experience of relevant AML and KYC regulations and requirements.
The Anti-Money Laundering (AML)/Bank Secrecy Action (BSA)/Sanctions Team Lead will:

  • Partner to develop the annual and multi-year audit plan for AML/BSA/Sanctions processes and continuously improve and enhance the department AML/BSA/Sanctions and ABC guidance
  • coordinate the program and review and advise department audit professionals with one colleague AML/BSA/Sanctions/ABC Team
  • prepare quarterly and annual senior management and Board Of Directors reporting
  • present observations and discuss potential remediation plans leveraging strong communications and negotiating skills


•Seven to ten years of financial services experience with expertise in AML/BSA/Sanctions regulatory requirements and expectations.
•Strong experience examining or auditing financial services regulatory activities, especially around AML/BSA/Sanctions and Anti-Bribery
• Strong technical understanding of the financial services regulatory environment and AML environment.
• Ability to multitask, manage and support team members on projects and thrive within a small-group environment.
• An undergraduate degree (B.A., B.S., or equivalent) with an M.B.A., J.D., or equivalent post graduate degree a plus.
• ACAMS, Certified Regulatory Compliance Manger (CRCM), Institute of Internal Auditors (IIA) certification a plus.