Global Financial Crimes: KYC Customer Activity Review Analyst

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Morgan Stanley USA
  • 21 Nov 17 2017-11-21

Global Financial Crimes: KYC Customer Activity Review Analyst

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 to grow. A philosophy that balances personal lifestyles, perspectives, and needs is an important part of our culture.

Department Profile:
Morgan Stanley is committed to a strong Financial Crimes program to protect against the use of the Firm's products, services and facilities for prohibited transactions or the purpose of evading, avoiding or otherwise circumventing sanctions, AML or anti-corruption regulation. The Firm has adopted a comprehensive, risk-based program to ensure compliance with applicable laws, regulations and government guidance.

Global Financial Crimes (GFC) coordinates day-to-day implementation of the Firm's enterprise-wide financial crime prevention efforts. GFC includes several legal and compliance disciplines and has responsibility for governance, oversight, and execution of the Firm's AML, sanctions, and anti-corruption compliance programs. GFC also develops and/or assists in the development of appropriate policies and procedures, including those designed to assist the business units to know their customers and conduct appropriate due diligence and to prevent, detect, and report potentially suspicious activity.

GFC has dedicated coverage managers and teams of analysts who advise and counsel each business unit regarding its AML, sanctions, and anti-corruption obligations and its particular clients and transactions.

Background on the Team:
The mission of the Core Functions group is to support the GFC program through (1) the delivery and maintenance of the program's foundation and pillars, (2) the maintenance of program controls, and (3) the execution of assurance functions and, through that support, to promote consistency across business lines and regions in the day-to-day implementation of the program. The successful candidate will work collaboratively with the business unit and regional teams to support the implementation of KYC Controls, focusing particularly on Customer Activity Review ("CAR").

Reporting Lines:
This role reports to the Global KYC Officer.

Primary Responsibilities:
- Perform responsibilities relating to CAR and the KYC Control Unit (the "KYCCU")
- Conduct CAR for customers with certain MSBNA/ISG products
- Support the KYCCU by:
- Training the KYCCU team on overall CAR and process for each product type (e.g., conducting walkthroughs, providing documents, etc.)
- Analysing and defining the CAR population for the KYCCU to conduct
- Pulling, consolidating, and formatting raw data from multiple sources to create account overview and transactional activity files for the KYCCU
- Running macros to generate CAR templates for the KYCCU
- Support the continued development of the CAR process by:
- Developing CAR processes for products not yet covered by CAR procedures and for new products
- Developing macros to improve process efficiency (e.g. certain transactional activity files)
- Assisting in driving CAR to meet new legal requirements, evolving regulatory expectations, industry best practices and self-identified program needs
- Serve as a first point of escalation for questions and escalations from the KYCCU
- Liaise with relevant business units and risk teams as necessary
- Project manage enhancements or changes to processes and procedures
- Such additional responsibilities as may be identified


Skills required:
- College degree with strong academic credentials
- 3-5 years of professional experience in a Financial Crimes, Compliance, Audit, or Risk Management capacity within the financial services industry
- Strong analytical and IT skills
- Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license - or certification within 15 months of hire

Skills desired:
- Understanding of the practical impact of KYC requirements on day-to-day business and operational functions such as client onboarding and periodic review
- Understanding of financial markets, institutional sales & trading, retail wealth management, and bank lending

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential