We're seeking someone to join our team as an Associate to work as part of the wider business analysis project team with a focus around back & middle office business change, risk, and regulatory initiatives.
In the Firmwide Operations division, we provide senior management an objective and independent assessment of the Firm's internal control environment for risk management and governance. This is an Associate position within Business Audit, which is responsible for inspecting controls in front, middle and back offices.
Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.
Interested in joining a team that's eager to create, innovate and make an impact on the world? Read on…
What you'll do in the role:
• Perform Client Due Diligence review in support of the Firm?s new client onboarding and existing client regular review in accordance with the applicable regulatory program requirements (such as UK, Germany, Dubai, US, Hong Kong, Singapore KYC requirements and applicable eligibility standards)
• Update Firm systems and databases with information and documentation as obtained from clients
• Handle inquiries and ad hoc requests from internal clients including Compliance where required
• Actively engage with business, client onboarding teams, Compliance and Operations during the life cycle of the review starting from a request is received to completing a review.
• Ability to handle volume spikes and prioritize work including ad-hoc requests and projects to meet business demands in a timely manner
• Understand and implement in respond to changes such as regulatory changes, internal policy and procedural changes.
• Participate in process improvement initiatives such as technology enhancements, operational process review, and process simplification.
• Support Functional Managers in the performance of quality & control checks; include the performance of 4-eye checks, collection of error types and analysis of root causes to identify opportunities for improvements.
• Support Functional Managers during internal audit, testing and external reviews by way of delivering process walk-through and preparing sample packs for auditors and testing team to review
• Deliver with quality, accuracy and timeliness with at expected throughput rates
What you'll bring to the role:
• Strong attention to detail and research/investigative skills
• Ability to interact effectively with Business Units, Compliance, global colleagues (Hong Kong, Budapest, London, Tokyo, New York, Bangalore) and build effective working relationships
• Ability to work independently and meet the business deadlines with accuracy, handle trouble shooting to mitigate risks
• Multi-tasking to handle various business demands
• Must have strong written and verbal English skills with ability to communicate clearly and effectively
• Ability to manage pressure and stressful business demands
• Team work, Collaboration, Responsiveness and demonstrate accountability & ownership
• Quick learning ability to understand policies, procedures, systems, process and controls
• Minimum 2 to 5 years? of work experience
• Experiences in AML/KYC customer due diligence, control, and regulatory program related process and/or projects are preferred.
• Knowledge of global KYC/CIP requirements (for UK, US, Germany, Hong Kong, Singapore etc.) supporting international institutional and wealth management businesses desired
• Familiarity with India local KYC and ODI regulatory requirements is a plus
What you can expect from Morgan Stanley:
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. Our Firm is differentiated by the caliber of our diverse team, while our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talents.
