Analyst - Quality Control ( QC ) ( Wealth Management )

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

Department Profile

The WM and U.S. Banks Financial Crimes Risk Team is embedded within the Firms business line. It is responsible for identifying, assessing, and escalating potential money laundering and reputational risk issues associated with higher risk client types. The WM and U.S. Banks Financial Crimes Risk Team is considered the first line of defense and supports the onboarding, enhanced due diligence, and negative news processes for Morgan Stanley.

Primary Responsibilities

- Determine sampling population in accordance with procedures

- Assist in preparing ongoing and ad hoc reporting for senior management

- Report metrics and communicate results to senior management and stakeholders

- Share any required feedback with QC Analysts to ensure consistency / standardize findings

- Escalate weekly results with Quality Control Bank Officers for final review and sign-off

Qualifications

Required Experience:

Minimum undergraduate degree in related field

Minimum 3-5 years of experience in financial crimes/AML compliance testing, Audit or similar related QA/QC testing experience

Skills Required:

- Strong knowledge of AML regulatory requirements and expectations (Domestic - US and International - non-US), MS WM and U.S. Banks Financial Crimes Risk policies and procedures, KYC standards, and QC Program and procedures

- Good managerial, communications, analytical, project management and planning skills to be able to implement QC Testing Program including sampling methodology, developing metrics and reporting, and coordinating with QC Analysts to drive consistency in QC testing and outcomes as appropriate

- Good knowledge of business, products, operations, systems and organization to be able to implement the QC program

- Basic knowledge of MS Office (Microsoft Excel/PowerPoint/Word/Access)