Associate - First Line Risk and Controls Negative News Research, Investigations
Morgan Stanley, Tampa, FL, United States
Morgan Stanley is a global financial services firm operating across Institutional Securities, Wealth Management, and Asset Management. We provide comprehensive financial advice and services to our clients, including brokerage, investment advisory, wealth planning, and risk management.
Department Profile
The WM and U.S. Banks Financial Crimes Risk Team is embedded within the firm’s business line. It identifies, assesses, and escalates potential money‑laundering and reputational risk issues associated with higher‑risk client types. As the first line of defense, the team supports onboarding, enhanced due diligence, and negative news processes.
Role
The Associate of the First Line Risk and Controls Negative News Research & Investigations Escalations performs a centralized function that reviews escalations of alerts generated from negative news screening (NNS). The Associate evaluates alerts to determine relevant financial‑crimes and reputational‑risk matters using the firm’s NNS tools and protocols.
Key Responsibilities
Perform in‑depth reviews and investigations into complex negative‑news matters to determine possible or existing financial‑crimes or reputational‑risk impact to the firm.
Execute processes and tasks supporting the firm’s centralized NNS program.
Communicate with front‑office and risk personnel during reviews when needed.
Document escalation dispositions, including aggravating and mitigating factors.
Engage senior stakeholders within Wealth Management, U.S. Banks, and/or ETRADE businesses and prepare relevant working‑group or forum information.
Assist partners in First Line Risk and Controls, Global Financial Crimes, Compliance, and Business Units with remediation actions for risk issues.
Update policies, procedures, and desktop guidance.
Participate in projects and initiatives to enhance NNS processes and mitigate related risk exposure.
Qualifications
2‑4 years of relevant experience with BSA/AML regulations within the financial services industry, a regulator, or an equivalent regulatory body.
Bachelor’s degree in business, finance, or a related field.
Strong knowledge of Know Your Customer (KYC) and Customer Identification Program, CDD, and EDD requirements.
Research and investigative experience.
Ability to analyze information for appropriate decision‑making.
Capability to work independently and collaboratively to attain results.
Excellent interpersonal, verbal, and written communication skills.
Strong work ethic and high integrity.
Capable of working in a high‑volume, fast‑paced environment with tight deadlines.
Ability to work within a matrixed organization and leverage resources across the firm.
Professional handling of highly confidential information with appropriate discretion.
Skills Desired
Proficient use of MS Office.
AML certification/license (e.g., ACAMS) is a plus.
Compensation
Expected base pay ranges from $90,000 to $110,000 per year at commencement. Compensation is individualized and may also include commission earnings, incentive compensation, discretionary bonuses, and other benefit programs.
Morgan Stanley is an equal‑opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect a strong commitment to inclusion, where individuals are hired, developed, and advanced based on skills and talents.
For more information about our EEO and diversity policy, please visit:
https://www.morganstanley.com/people-opportunities/eeo
#J-18808-Ljbffr
Department Profile
The WM and U.S. Banks Financial Crimes Risk Team is embedded within the firm’s business line. It identifies, assesses, and escalates potential money‑laundering and reputational risk issues associated with higher‑risk client types. As the first line of defense, the team supports onboarding, enhanced due diligence, and negative news processes.
Role
The Associate of the First Line Risk and Controls Negative News Research & Investigations Escalations performs a centralized function that reviews escalations of alerts generated from negative news screening (NNS). The Associate evaluates alerts to determine relevant financial‑crimes and reputational‑risk matters using the firm’s NNS tools and protocols.
Key Responsibilities
Perform in‑depth reviews and investigations into complex negative‑news matters to determine possible or existing financial‑crimes or reputational‑risk impact to the firm.
Execute processes and tasks supporting the firm’s centralized NNS program.
Communicate with front‑office and risk personnel during reviews when needed.
Document escalation dispositions, including aggravating and mitigating factors.
Engage senior stakeholders within Wealth Management, U.S. Banks, and/or ETRADE businesses and prepare relevant working‑group or forum information.
Assist partners in First Line Risk and Controls, Global Financial Crimes, Compliance, and Business Units with remediation actions for risk issues.
Update policies, procedures, and desktop guidance.
Participate in projects and initiatives to enhance NNS processes and mitigate related risk exposure.
Qualifications
2‑4 years of relevant experience with BSA/AML regulations within the financial services industry, a regulator, or an equivalent regulatory body.
Bachelor’s degree in business, finance, or a related field.
Strong knowledge of Know Your Customer (KYC) and Customer Identification Program, CDD, and EDD requirements.
Research and investigative experience.
Ability to analyze information for appropriate decision‑making.
Capability to work independently and collaboratively to attain results.
Excellent interpersonal, verbal, and written communication skills.
Strong work ethic and high integrity.
Capable of working in a high‑volume, fast‑paced environment with tight deadlines.
Ability to work within a matrixed organization and leverage resources across the firm.
Professional handling of highly confidential information with appropriate discretion.
Skills Desired
Proficient use of MS Office.
AML certification/license (e.g., ACAMS) is a plus.
Compensation
Expected base pay ranges from $90,000 to $110,000 per year at commencement. Compensation is individualized and may also include commission earnings, incentive compensation, discretionary bonuses, and other benefit programs.
Morgan Stanley is an equal‑opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect a strong commitment to inclusion, where individuals are hired, developed, and advanced based on skills and talents.
For more information about our EEO and diversity policy, please visit:
https://www.morganstanley.com/people-opportunities/eeo
#J-18808-Ljbffr