Financial Crimes Risk Office - WM and US Banks Program ...

Job Description - Financial Crimes Risk Office - WM and US Banks Program Design - System Architecture, Implementation & Testing - Assistant Vice President (3264222) Job Number: 3264222 Posting Date: Jan 14, 2025 Primary Location: Americas-United States of America-Florida-Miami Education Level: Bachelor's Degree Job: Wealth Management Employment Type: Full Time Job Level: Assistant Vice President Description: Morgan Stanley is a global financial services firm that conducts its business through three principal business segments"”Institutional Securities, Wealth Management (WM), and Asset Management. 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 doing the right thing, putting clients first, leading with exceptional ideas and a commitment to diversity and inclusion. The First Line Financial Crime Program Design Office is responsible for the oversight, design, implementation, and maintenance of all first line of defense financial crimes activities including defining risk mitigant strategies, adherence to policy and setting risk tolerance and expectations. The Architecture Implementation & Independent Testing group is responsible for establishing, documenting, maintaining, and testing consolidated Business requirements for the Program Design Office by providing governance and oversight, executing test cases; and conducting horizontal reviews / regression. The team ensures the design adequacy and operational effectiveness of the Firm's financial crimes policies, procedures, processes, and controls is robust and timely enhanced. Responsibilities: Work closely with business stakeholders to gather, analyze, and document detailed system requirements for new features and enhancements. Develop process maps and detailed documentation to capture current and future state business processes, ensuring alignment with system capabilities. Credibly challenge functional specifications / user stories / Epics from system developers, ensuring clarity and completeness. Design and develop UAT strategies, test plans, and test cases in collaboration with business users. Assist in change management efforts by identifying potential impacts to business processes and systems. Develop and compile periodic reporting to senior stakeholders. Track and report status on multiple cross-divisional projects/programs. Escalate issues, risks, and concerns timely to stakeholders. Document and track change control milestones and tasks for multiple projects and programs. Host governance forums including Sr. Executive governance forums. Develop training and communication plans. Use data analytics to optimize workflows, reduce false positives, and enhance alert investigations. Identify gaps in current operational processes and recommend solutions for improvement. Qualifications: Required Skills: Strong experience in gathering and documenting business requirements. Solid understanding of UAT processes, test case design, and defect management. Familiarity with system development lifecycles (SDLC) and experience with testing tools. Ability to analyze complex systems and processes. Excellent written and verbal communication skills. Proven ability to work effectively in cross-functional teams. Proficiency in analytical tools and programming languages. Familiarity with AML software and systems. Experience with visualization tools. Strong problem-solving skills. Functional knowledge of end-to-end system workflow design. Preferred Experience: Familiarity with Agile/Scrum environments. Experience in project management or coordination. Understanding of financial crimes requirements and framework. Required Qualifications: 3+ years of risk management, compliance, control, and/or audit experience in a Bank or financial services institute. Bachelor's degree in Data Analytics, Statistics, Computer Science, Finance, Business, or a related field. Additional Skills Desired: Certified as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license is a plus. Morgan Stanley's goal is to build and maintain a diverse workforce. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment. Expected base pay rates for the role will be between 85,000 and 135,000 per year. Base pay if hired will be determined on an individualized basis and is only part of the total compensation package. #J-18808-Ljbffr

Created: 2025-01-22