GFC Transaction Monitoring, Associate, Oversight, Monitoring and Testing

Role overview

GFC Transaction Monitoring, Associate, Oversight, Monitoring and Testing at Morgan Stanley

Responsibilities

• Review surveillance items flagged as potentially suspicious transactions or exceptions in accordance with the guidelines set forth in the GFC Procedures Manual.
• Ensure a high-quality work product and that the level of documentation adheres to procedural expectations.

Employment details

• Monday to Friday from 11:30 AM to 8:30 PM India time with flexibility on standard working hours for time sensitive matters (including India Public Holidays).
• Location: Mumbai [Maharashtra] [India]

About the employer

• Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.
• Review account activity of Morgan Stanley clients using client info, transactional activity and perform a review of account documentation to resolve alerts of any such clients in accordance with the GFC Procedures Manual.
• Escalate any questions or potentially suspicious activity found to the Morgan Stanley contact designated in the GFC Procedures Manual for further investigation.
• Adhere to Morgan Stanley’s core values and drive the same within the team.
• WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
• At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered.

Benefits

• We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry.

Additional role details

• We're seeking someone to join our team as an Associate in the Legal and Compliance division.
• In the Legal & Compliance division, we assist the Firm in achieving its business objectives by facilitating and overseeing the Firm's management of legal, regulatory and franchise risk.
• This is an Associate position within the Oversight, Monitoring and Testing, this team continuously monitored to detect unusual or potentially suspicious activities.
• The exceptions generated are reviewed or investigated by applying a risk-based approach, which involves considering available information pertaining alongside the risk tolerance of the Firm with respect to money laundering.
• What you'll do in the role:
• Perform outreach to client relationship/sales teams or other areas within Morgan Stanley in accordance with the GFC Procedures Manual to determine whether there is an explanation for the activity that triggered the alert.
• Review and analyze surveillance items identified as part of "below-the-line" testing, risk engine tuning and lookback activities.
• Draft dispositions summaries that support the alert review outcomes, ensuring documents are clear and concise while complying with regulatory expectations.
• Ensure daily operational processing is completed according to established program SLAs and regulatory requirements.
• Proactively identify risks to the GFC program and day-to-day; escalate on a timely basis.
• Provide process improvement to increase efficiency and effectiveness.
• Adopt the firm’s Gen AI agenda and implement the relevant tools within the process and implement the relevant tools within the process
• What you'll bring to the role:
• Typically, 2+ years’ experience of AML, Due Diligence, Transaction Monitoring, Regulatory environment; experience in the financial or professional services industries.
• Solid track record working in a professional environment.
• Bachelor’s degree from an accredited college / university.
• Strong oral and written communication skills.
• Excellent interpersonal skills and ability to work effectively with colleagues across regions and Business Units.
• Ability to use various PC, MS Office and internet applications and tools to support the processes.
• Foundational understanding of the financial markets and banking, including broker-dealer product-based knowledge and the ability to learn concepts quickly.
• Should exhibit comfort in working with technology and the ability to learn and display proficiency on technical systems and programs.
• Proficient with MS Office
• Team player who can successfully work with larger teams to drive common results.
• Quick learning curve and perform with minimum hand holding.
• Have through research and analytical mindset.
• Successfully meet established deadline requirements – display efficient time management skills \
• Have the ability to effectively handle a fast-paced environment
• Ability to identify and recommend process efficiencies
• Flexible to take up adhoc work.
• Coverage
• The shift timing will be flexible dependent of evolution of the process
• At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals.
• We do it in a way that’s differentiated – and we’ve done that for 90 years.
• Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries.
• Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences.
• There’s also ample opportunity to move about the business for those who show passion and grit in their work.
• To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser.
• 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 our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
• Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
• For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo .