Financial Crimes Governance Support Analyst, Assistant Vice President

Full-time - Mid Level

Harrison, NY

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

The Financial Crimes Governance Support Analyst, Assistant Vice President at Morgan Stanley plays a crucial role in managing the firm's issues and action plans related to Financial Crime risk. This position is part of the WM and U.S. Banks Financial Crimes Risk Team, which serves as the first line of defense against potential money laundering and reputational risks associated with higher-risk client types. The analyst will lead assessments, track action plan progress, and collaborate with various stakeholders to ensure compliance with regulatory requirements and internal standards.

Responsibilities

• Lead assessment, collaboration, and response compilation for closure verification of issues and related action plans arising from regulatory exam/monitoring, audit exam, and GFC testing findings.
• Monitor, track, and provide reporting on action plan progression and facilitate timely completion.
• Complete intake of new self-identified issues in OpenPages, including responsibility for issues and action plans descriptions, feasibility of action plans, timelines, and severity.
• Coordinate with cross-functional stakeholders to identify and agree on issue scoping, process, dependencies, milestones, and major deliverables.
• Assist with the design and development of comprehensive action plans as required (e.g., regulatory, strategic, transformation initiatives, or policy implementations).
• Create and provide reporting on issues and action plans to relevant risk and control committees.
• Assess and escalate potential completion risks to remediation requirements under action plans, as applicable.
• Establish and manage feedback loop to ensure all issues and action plans are tagged to the right taxonomy, risks, and controls assessments as per the firm's operational risk framework.
• Collaborate with internal stakeholders including business leaders, second line, technology, and internal audit.

Requirements

• Minimum 5 years of experience in financial crimes/AML.
• Bachelor's degree.
• Experience supporting financial crimes compliance projects and internal/external exams.
• Ability to take initiative, analyze, summarize, and communicate effectively.
• Multitask effectively and appropriately prioritize assignments.
• Work both independently and in a team environment.
• Distill complex ideas and concepts into actionable items.
• Work in a matrixed organization; leveraging resources across the organization to complete deliverables.
• Develop internal relationships, influence stakeholders, and build consensus.
• Handle highly confidential information professionally and with appropriate discretion.
• Thrive in a fast-paced environment, managing multiple responsibilities and adapting to changing priorities.
• Conduct meaningful root cause and trend analysis.

Nice-to-haves

• Certified Anti-Money Laundering Specialist (CAMS) designation is a plus.
• Proficient knowledge of MS Office (Microsoft Excel/PowerPoint/Word).
• Proficient in Microsoft Excel with experience in managing large sets of data. Familiarity with Macros, Dataiku, Tableau is a plus.
• Experience supporting audit and regulatory inquiries and interactions with Board, senior management, and consultants.
• General knowledge of AML regulatory requirements and expectations (domestic and international).
• Strong time management and planning skills.
• Strong interpersonal skills and ability to communicate effectively both verbally and in writing.

Benefits

• Competitive salary and performance-based bonuses.
• Comprehensive health insurance coverage.
• Retirement savings plan with company matching contributions.
• Paid time off and holidays.
• Professional development opportunities and training programs.