ISG Management - FCR KYC Change Management - VP

$145,000 - $250,000/Yr

Morgan Stanley - New York, NY

Full-time - Mid Level

New York, NY

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

About the position

The ISG Financial Crimes Risk (FCR) Team is seeking a Vice President to lead change management initiatives related to Know Your Customer (KYC) policies. This role involves acting as a primary liaison between various teams to ensure effective communication and implementation of KYC changes, while also managing the maintenance of FCR procedures and supporting audit processes. The position requires a strong understanding of AML/KYC regulations and the ability to drive process improvements in a fast-paced environment.

Responsibilities

• Act as the primary liaison between GFC and CORDS Advisory and Training to review and agree on proposed KYC changes.
• Facilitate meetings to discuss and refine KYC policy proposals, ensuring stakeholder engagement.
• Socialize KYC policy changes with impacted teams to initiate impact assessment and implementation planning.
• Coordinate feedback sessions to ensure all relevant perspectives are considered prior to final approval.
• Analyze and prioritize KYC policy changes based on risk assessment and operational impact.
• Monitor the implementation of KYC policy changes across 1LOD ensuring timely updates and adherence to deadlines.
• Prepare regular reports for governance forum, highlighting progress, challenges, and outcomes of KYC policy implementations.
• Lead a quarterly forum to obtain stakeholder approval for new or modified exclusions.
• Manage FCR procedure maintenance process and ensure updates meet organizational standards.
• Identify opportunities for enhancing KYC processes and policies based on feedback and implementation outcomes.
• Ensure documentation and information is complete, accurate, and timely for audit support.

Requirements

• 5+ years professional experience in a financial crimes/anti-money laundering group at a financial institution.
• Bachelor's degree or equivalent.
• Thorough knowledge of AML/KYC regulations and standards, including local and international requirements.
• Strong analytical skills with an eye for detail and the ability to identify issues and recommend corrective actions.
• Excellent communication and leadership skills, with the ability to provide constructive feedback and drive process improvements.
• Exceptional problem-solving abilities and a proactive approach to challenges.
• Ability to adapt to a rapidly changing regulatory environment.
• Advanced knowledge of Microsoft Office tools (Word, PowerPoint, Excel, and Access).

Nice-to-haves

• Experience in a matrixed organization.
• Familiarity with high volume, fast-paced environments.

Benefits

• Competitive base pay between $145,000 and $250,000 per year.
• Commission earnings and incentive compensation.
• Discretionary bonuses and other short and long-term incentive packages.
• Morgan Stanley sponsored benefit programs.