Global Financial Crimes: Institutional Securities - Singapore - Morgan Stanley

Morgan Stanley
Morgan Stanley
Verified Company
Singapore

1 week ago

Wei Jie

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Wei Jie

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Description

Global Financial Crimes:
Institutional Securities Group (ISG) Advisory Team, Officer (VP)


Job Number:
3239961


POSTING DATE:
Aug 1, 2023


PRIMARY LOCATION:
Non-Japan Asia-Singapore-Singapore-Singapore


EDUCATION LEVEL:
Bachelor's Degree


JOB:
Other


EMPLOYMENT TYPE:
Full Time


JOB LEVEL:
Vice President


DESCRIPTION
Company Profile


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.

Department Profile

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, 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, economic sanctions, anti-corruption, anti-tax evasion, and political activity obligations and its particular clients and transactions.

Background on the Team


Morgan Stanley's Global Financial Crimes team, an integral part of the global Legal and Compliance Division, is charged with day-to-day oversight and coordination of the AML, economic sanctions, anti-corruption, anti-tax evasion, and political activity obligations program covering all of the Firm's various businesses globally, including Institutional Securities (Investment Banking, Capital Markets, Equities, Fixed Income) and Investment Management.

Headquartered in Hong Kong, the APAC GFC team also includes dedicated personnel in Singapore, Sydney, Tokyo, Zhuhai and Mumbai.

The Firm is currently seeking a driven and seasoned professional to cover the Institutional Securities Group (ISG). This role is based in Singapore.


Responsibilities:


  • Advise on, and resolve, potential GFC issues arising across business units covered by the APAC GFC ISG Advisory team; significant interaction across all business units, and advising on GFC compliance in Singapore.
  • Serve as point of escalation and provide support in connection with Know Your Customer (KYC) onboarding, enhanced due diligence (EDD), periodic refresh and transactional due diligence matters.
  • Advise on transactional due diligence with respect to clients, counterparties, coinvestors, and target companies/assets and provide guidance to the business on due diligence requirements.
  • Assess the financial crime risk associated with potential and existing highrisk clients via the EDD process.
  • Draft/revise and execute on policies and procedures.
  • Develop content and deliver training to the business units, Risk, Legal, Compliance and support functions.
  • Monitor regulatory developments and new rules or requirements.
  • Assist with responding to regulatory exams and other inquiries and internal audits, including overseeing document production.
  • Investigate and escalate ongoing monitoring alerts and queries.
  • Prepare filing of Suspicious Transaction Reports (STR).

QUALIFICATIONS

  • Skills Required
  • Bachelor's degree.
  • At least 810 years of relevant experience in Financial Crimes Compliance, regulatory experience preferably relating to financial institutions, banking or securities industry.
  • Strong knowledge of Singapore AML regulations.
  • Ability to independently interact with senior business management.
  • Strong team player and ability to operate in an international environment.
  • Interest in managing a small team.
  • Strong oral and written communication skills.