Enhanced Due Diligence

Enhanced Due Diligence
Job Number:

323+057

POSTING DATE: Jul 1+, 2024
PRIMARY LOCATION: Non-Japan Asia-India-Maharashtra-Mumbai (MSA)
EDUCATION LEVEL: Bachelor's Degree
JOB: Other
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Associate
DESCRIPTION

Job Description

Division: Legal & Compliance (LCD)
Super - Department: Global Financial Crimes [GFC]
Department: Financial Crimes
Sub-Department: Financial Crimes
Region: Global
Job Level: Associate
Job Title: Director - Enhanced Due Diligence
Employment Type: Full Time
Location: Mumbai (Nirlon Knowledge Park)

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.

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.

LCD comprises of Legal, Compliance, Global Financial Crimes and Regulatory Relations.

The Legal Department provides guidance, requirements and procedures for understanding and complying with the laws, regulations and Firm policies that apply to our businesses.

The Global Compliance Department identifies applicable Compliance Obligations and maintains a Firmwide Compliance Risk management program, including Compliance Risks that transcend business lines, legal entities and jurisdictions of operation.

Global Financial Crimes is responsible for the development and governance of the Firm's financial crime prevention efforts across all regions and business units. Global Financial Crimes is comprised of the Anti-Money Laundering (AML), Sanctions, Anti-boycott, Anti-Corruption (ACG) and Government and Political Activities Compliance (GPAC) programs.

The Global Regulatory Relations Group (GRRG) is responsible for strategic and centralized management of the supervisory activities of Morgan Stanley's regulators and related developments globally, with a focus on regulatory reviews and examinations and continuous monitoring activities. GRRG serves as the central point of contact for the regulatory staff responsible for supervisory activities at Morgan Stanley entities and for timely reporting to Firm management and other governance or management bodies, as appropriate, on those relationships and supervisory processes, including areas of significant regulatory focus or concern.

LCD Center of Excellence — Mumbai (LCD CoE) is a part of Morgan Stanley's Global In-house Center, which provides global support to LCD and is an integral part of Firm and LCD strategy.
QUALIFICATIONS

Team: Enhanced Due Diligence [EDD]
Morgan Stanley clients and their associated parties are screened to meet AML / KYC requirements. Existing client are subject to ongoing screening against negative / adverse & PEP news

Primary Responsibilities (Day Job)

Primary responsibilities include the following:

> Review EDD's [escalations, notes and matrix ] that have been completed by Level 1 team
> Escalate any possible true hits to the relevant on-shore GFC team
> Review the quality of work delivered by the team.
> Participate in team meetings.
> Drive a culture of efficiencies / productivity
> Recommend enhancements to AML policies or procedures to ensure continuous improvement to overall AML or Screening processes.

Requirements

Experience

> Up to 5 years of Corporate Intelligence, due diligence; experience in the financial or professional services industries
> Managerial experience would be preferable.
> Solid track record working in a professional environment
> Bachelor's degree from an accredited college / university

Knowledge

> Understanding of AML / KYC
> Should exhibit comfort working with technology and the ability to learn and display proficiency on technical systems and programs.
> Proficient with MS Office

Skills and Qualities

> Team player who can successfully manage multiple projects and priorities
> Ability to think independently, form opinions and make decisions
> Ability to anticipate ahead of time and escalate issues as appropriate
> Pragmatic and analytical problem solving skills - consistently apply sound judgment
> Good interpersonal and written / verbal communication skills with the ability to apply sound reasoning when delivering work
> Successfully meet established deadline requirements — display efficient time management skills
> Possess the ability to research and resolve issues independently
> Experience in stakeholder management with excellent interpersonal skills and the ability to work effectively with colleagues across regions and Business Units
> Have the ability to effectively handle a fast paced environment
> Ability to identify and recommend process efficiencies
> Attention to detail

Coverage

> Monday to Friday from + AM to 6 PM India time with flexibility on standard working hours for time sensitive matters (including India Public Holidays).