Global Financial Crimes: Financial Intelligence Unit Analyst
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), Sanctions, Anti-Corruption 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, economic sanctions and anti-corruption obligations and its particular clients and transactions.
Background on the Team
The Financial Intelligence Unit (FIU) develops an environment of proactive financial intelligence relating to all financial crimes including money laundering, external and employee fraud, global sanctions, anti-corruption and high risk customer due diligence. The role of the FIU is to receive, request, analyze and disseminate information related to suspicious activities in order to improve GFC's monitoring processes and case results.
The FIU Analyst will:
- Analyze trends and patterns in alerts for GFC coverage areas by effectively employing advanced analytic tools Firmwide
- Query and mine large data sets to discover transaction patterns, examine financial data and filter for targeted information using traditional as well as predictive/advanced analytic methodologies
- Conduct cross-sector reviews of client account activity among multiple Business Units and GFC coverage areas
- Ensure that all analysis is completed in a timely and efficient manner, while maintaining the highest standards for regulatory and compliance requirements
- Collaborate with Business Units and GFC coverage areas to analyze trends in suspicious activity
- Liaise with Compliance IT and other key stakeholders and partners with respect to technology projects and other initiatives impacting the FIU
- Monitor Financial Crimes industry developments, including red flags and best practices and ensure processes are in place to keep the FIU team updated on such developments
- Conduct internal and external investigations of money laundering and other financial crimes both independently and in collaboration with other internal stakeholders and outside counsel
Other GFC Activities
- Recommend enhancements to key components of GFC compliance and controls systems, as required
- Assist with other areas of the GFC Program based on information identified during investigations as needed (e.g. training enhancements, policy and procedure updates)
- Assist with special projects and targeted reviews for Business Units and GFC coverage areas
- Have a 4 year college degree with strong academic credentials
- Have 3-6 years of professional experience within the banking industry in a GFC/AML/compliance or internal audit capacity or experience within a financial services regulatory agency (e.g., Office of the Comptroller of the Currency, Federal Reserve Bank, Securities and Exchange Commission, Federal Deposit Insurance Corporation, etc.)
Knowledge and Skills
- Possess an understanding of data structures and experience with SQL
- Have experience creating PowerPoint presentations
- Have experience and ability to create user friendly Excel spreadsheets from large set of raw data
- Have excellent written and verbal communications skills, attention to detail and strong time management skills
- Have the ability to use various PC, MS Office and internet applications and tools to support the AML process
- Possess strong analytical thinking and critical reasoning skills
- Have excellent interpersonal skills and ability to work effectively with colleagues across regions and Business Units
- Have the ability to effectively handle a fast paced environment and successfully meet established deadline requirements
- Be self-motivated and must have the ability to work independently
- Be certified as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license - or certification within 15 months of hire