ISG Management, FCR KYC Change Management - VP

$145,000 - $250,000/Yr

Morgan Stanley - New York, NY

Full-time - Mid Level

New York, NY

5,001-10,000 employees

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

About the position

The ISG Management, FCR KYC Change Management - VP role at Morgan Stanley involves overseeing the change management processes related to Know Your Customer (KYC) policies within the Financial Crimes Risk (FCR) team. This position serves as a primary liaison between various stakeholders to ensure effective implementation and communication of KYC policy changes, while also maintaining compliance with AML regulations. The role requires strong analytical and leadership skills to drive process improvements and support the onboarding and due diligence processes for higher risk client types.

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.
• Develop a clear implementation roadmap for approved KYC changes.
• Monitor the implementation of KYC policy changes and prepare regular reports for governance forums.
• Lead a quarterly forum to obtain stakeholder approval for new or modified exclusions.
• Manage the FCR procedure maintenance process and ensure updates meet organizational standards.
• Identify opportunities for enhancing KYC processes and promote a culture of compliance and continuous improvement.
• Ensure documentation and information are complete and accurate for audit support.

Requirements

• 5+ years of 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 attention to 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).
• Ability to take initiative, analyze, summarize, and communicate effectively.
• Ability to investigate, identify issues, impacts, and trends to propose comprehensive solutions.
• Multitasking ability and prompt action on matters.
• Ability to work independently and in a team environment.

Benefits

• Competitive salary range of $145,000 - $250,000 per year.
• Comprehensive benefits package including health insurance, retirement plans, and performance bonuses.