Global Financial Crimes: Country Coverage Team (Australia)
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.
Global Financial Crimes (GFC) coordinates day-to-day implementation of the Firm's enterprise-wide financial crime prevention efforts. GFC includes several Legal and Compliance disciplines and has responsibility for governance, oversight and execution of the Firm's Anti-Money Laundering (AML), Counter Terrorism Financing (CTF), Sanctions, Anti-Corruption, Anti-Tax Evasion, and Government and Political Activities Compliance programs. GFC also develops and/or assists in the development of appropriate policies and procedures, including those designed to assist the business units to know their clients and conduct appropriate due diligence and to prevent, detect and report potentially suspicious activity. GFC has dedicated coverage managers and teams of analysts who advise and counsel each business unit regarding its AML/CTF, economic sanctions, anti-corruption, anti-tax evasion, and political activity obligations and its particular clients and transactions.
Background on the Team
Morgan Stanley's GFC team, an integral part of the global Legal and Compliance Division, is charged with day-to-day oversight and coordination of the AML/CTF, economic sanctions, anti-corruption, anti-tax evasion, and political activity obligations program covering all of the Firm's various businesses globally.
The Firm is currently seeking a driven professional to join the GFC country coverage team in Australia. GFC Australia covers all regulated business units in Australia across Wealth Management (WM) and Institutional Securities Group (ISG). WM includes private wealth management (PWM) and Shareworks equity administration services. ISG includes Institutional Equities Division (IED), Fixed Income Division (FID), Investment Banking Division/Global Capital Markets (IBD/GCM) and Investment Management (IM).
• Advise the business units on Know Your Customer (KYC) and Customer Identification Procedures (CIP), Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD), Customer Risk Ranking, politically exposed persons (PEPs), and periodic reviews. • Review/approve EDD for high-risk clients including PEPs, KYC/CDD waivers and customer risk rank changes. • Assist with clearing client AML screening and monitoring alerts. • Conduct ad hoc or trigger event reviews and investigations of potentially suspicious matters. • Maintain tracking register and compile regular metrics reporting. • Assist with the updating and maintenance of the AML/CTF related policy and related procedures. • Participate in AML/CTF-related process and system enhancement projects. • Coordinate testing reviews, internal audits and regulatory assessments. • Provide AML/CTF training to the business units, where necessary.
Morgan Stanley has earned a worldwide reputation for the excellence of its advice and execution in financial markets. With offices in more than 41 countries, the firm is truly global-and a market leader in the U.S., Europe and Asia as well as in emerging markets. Morgan Stanley's success rests on the talents and passion of our people, who share a common set of values and bring excellence and integrity to everything they do. We seek to grow long-term relationships by virtue of our consistently rigorous thinking and the unsurpassed access to financial markets that Morgan Stanley can bring. This means providing leadership in specific areas such as investment banking, debt and equity underwriting, research, and sales and trading. We also focus increasingly on creating custom-tailored solutions that cut across functions to help our clients realize new opportunities and solve complex problems. Our aim is to be the first choice of everyone who deals in financial markets, whether as prospective clients, employees or investors.
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