Job Summary

The WM and U.S. Banks Financial Crimes Risk Team is embedded within the Firm's 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.

Responsibilities

The First Line Financial Crime EDD Team Associate will:

- Review documents and information to perform enhanced due diligence reviews on higher risk customers
- Act as key support for ad-hoc remediation projects and initiatives related to assessing and mitigating the Firm's exposure to money laundering and reputational risk-relevant activities.
- Develop broad knowledge of the EDD review operations end-to-end cycle and provide subject matter guidance to project teams
- Ensure timely feedback loop on identified gaps or issues to stakeholders involved in EDD operations
- Actively identify, measure, control and remediate AML and reputational risk issues with partners in Global Financial Crimes, Compliance, and the Business Units
- Perform processes in accordance with internal policies, develop and monitor periodic AML reporting to senior stakeholders, and make recommendations to improve procedures governing AML-related activities
- Active pipeline management and engagement with Financial Advisors,



Complex Management and Risk Officers to manage client relationships
- Collaborate with Global Financial Crimes to ensure the BSA/AML program operates effectively and continues to comply with regulatory requirements and expectations

Required Experience

- Have 3-6 years of relevant experience with BSA/AML Regulations within the financial services industry, or at a financial services regulator (eg, FINRA, Office of the Comptroller of the Currency, Federal Reserve Bank, Securities and Exchange Commission, etc)
- Have a bachelor's degree in Business, Finance, or other related field
- Solid knowledge of Know Your Customer, Customer Identification Program and CDD requirements
- Strong interpersonal skills and ability to communicate effectively both verbally and in writing
- Strong work ethic with an ability to work both independently and with team members, under tight deadlines
- Ability to work in a high volume, fast paced environment
- Ability to handle highly confidential information professionally and with appropriate discretion

Skills Desired

- Working knowledge of MS Office
- Certified as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license is a plus

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

📌 EDD Reviewer, Associate, 1L Financial Crimes Risk, Wealth Management (Mumbai)
🏢 Morgan Stanley
📍 Mumbai