Anti-money Laundering Risk – Enhanced Due Diligence (aml Risk Assistant Vice President)

Morgan Stanley

Purchase, United States
Base: $100k-$135k py; bonus/equity: not specified;...
On-site
Enhanced due diligence (edd)
Source of wealth analysis
Bank secrecy act (bsa) regulations
Morgan Stanley is seeking an Assistant Vice President (AVP) for its Anti-Money Laundering (AML) Risk team. The role involves overseeing enhanced due diligence processes related to client source of wealth, ensuring compliance with BSA/AML regulations, and managing a team within a dynamic and diverse environment

Job Summary

  • The WM and U.S. Banks Financial Crimes Risk Team is responsible for identifying, assessing, and escalating potential money laundering and reputational risk issues associated with higher risk client types.
  • The AML Risk AVP will be responsible for overseeing due diligence and risk-relevant activities related to AML, primarily reviewing and assessing clients’ source of wealth.
  • Morgan Stanley offers a superior foundation for building a professional career with comprehensive employee benefits and opportunities for growth.

Matching Summary

Match Score: 85

Morgan Stanley is seeking an Assistant Vice President (AVP) for its Anti-Money Laundering (AML) Risk team. The role involves overseeing enhanced due diligence processes related to client source of wealth, ensuring compliance with BSA/AML regulations, and managing a team within a dynamic and diverse environment.

Salary

Base: $100K-$135K per year; Bonus/Equity: Not specified; Benefits: Other Morgan Stanley sponsored benefit programs

Skills & Requirements

Must-have

  • Enhanced Due Diligence (EDD)
  • Source of Wealth analysis
  • Bank Secrecy Act (BSA) regulations
  • Client onboarding processes
  • Reputational risk assessment

Nice-to-have

  • Strong leadership qualities
  • Ability to work in a matrixed organization
  • High degree of integrity
  • Creative thinking and collaboration

Key Requirements

  • 5+ years of relevant experience with BSA/AML Regulations
  • Bachelor's degree in business, Finance, or related field
  • Experience examining potential clients' source of wealth
  • Strong knowledge of KYC, CIP, and CDD requirements

Work Rights

Not specified

Tailored Resume

Cover Letter