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Job Description

Company Profile: 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. At Morgan Stanley India, we support the Firm's global businesses, with critical presence across Institutional Securities, Wealth Management and Investment management, as well as in the Firm's infrastructure functions of Technology, Operations, Finance, Risk Management, Legal and Corporate & Enterprise Services. Morgan Stanley has been rooted in India since 1993, with campuses in both Mumbai and Bengaluru. We empower our multi-faceted and talented teams to advance their careers and make a global impact on the business. For those who show passion and grit in their work, there's ample opportunity to move across the businesses. Division Profile: The Anti-Money Laundering Risk (AML Risk) team is embedded within the Firm's business lines. It is responsible for identifying, assessing, and escalating potential money laundering and reputational risks associated with higher risk client types. The AML Risk team is considered to be in the First Line of defense and supports the onboarding, client due diligence, enhanced due diligence and negative news processes. Position Summary: The AML Risk VP - NNS will be responsible for executing risk-relevant activities related to AML. The AML Risk VP - NNS will identify and assess potential Bank Secrecy Act (BSA), money laundering and reputational risk matters identified through the execution of the Firm's NNS protocols for both new and existing customers. The VP will have responsibility for the identification and, as appropriate, escalation of negative news events or risks. Key Responsibilities: Key responsibilities will include but will not be limited to the following: > Actively manage projects and initiatives related to assessing and mitigating the Firm's exposure to AML and reputational risk-relevant activities > Lead discussion on overall management of risk-relevant matters associated with prospective clients identified by the First Line Unit during Client Due Diligence (CDD) and Enhanced Due Diligence (EDD) processes, including Periodic Review to ensure continued knowledge of the existing client base and any material changes to client information > Lead / manage the team to oversee transition of activities. > Ensure the development and maintenance of up-to-date documentation of policies and procedures > Identify and develop areas for improvement for example, system enhancement, process controls to improve the throughput, quality of work, supervisory reviews, etc. > Ensure staff receives appropriate training and development, assist in developing training plans and provide coaching where necessary > Promote a culture of high performance and continuous improvement > Relationship building with stakeholders. > Risk & Control - Manage SLA's, quality, capacity, metrics etc

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