GFC Program Oversight Director

Dir, P3, Oversight, Monitoring and Testing :
Job Level - Director

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Job Level - Director role at Morgan Stanley
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We’re seeking someone to join our team as a GFC Program Oversight Director to act as an advisor to the business in relation to Anti‑Money Laundering matters including due diligence, money laundering, sanctions prevention. 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 a Director (AVP‑Equivalent) position within Global Financial Crimes (GFC), which coordinates day‑to‑day implementation of the Firm’s enterprise‑wide financial crime prevention efforts. The GFC team has responsibility for governance, oversight and execution of the Firm’s Anti‑Money Laundering, Anti‑Terrorist Financing, Sanctions, Anti‑Bribery & Corruption, Anti‑Tax Evasion and other Criminal Offences Prevention programs. The team also develops and 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.

• Update and develop the group‑wide financial crime risk analysis and provide input for the Firm’s Global Risk Assessment;
• Support the derivation of control and oversight activities based on the outcome of the risk analysis and conduct of Financial Crimes related control and monitoring activities;
• Coordinate key governance meetings with a range of stakeholders on branch and group level to ensure compliance with regulatory and internal group requirements;
• Create, review and maintain local Financial Crimes related policies, procedures, and other related documentation to facilitate compliance with the German Anti‑Money Laundering Act and section 25h of the German Banking Act as well as current Firm and regulatory requirements;
• Conduct regulatory research of Financial Crimes related legal and regulatory rules; implement any enhancements as required, e.g. arising from regulatory enquiries, risk assessments, audit findings, lessons learned;
• Supervise financial crimes compliance related outsourcings according to European Banking Association (EBA) guidelines and Morgan Stanley Group standards, including oversight calls with key stakeholders and on‑site visits;
• File timely Suspicious Activity Reports with the relevant authorities;
• Coordinate and respond to regulatory and law enforcement enquiries as well as assist in GFC’s preparation for regulatory visits and audits.

• 2‑6 years of relevant professional experience at a financial institution, audit firm or consultancy;
• Financial Crimes knowledge, including knowledge of German Anti‑Money Laundering / Counter Terrorist Financing rules and regulations;
• Knowledge of the regulatory landscape, in particular outsourcing, financial crime risk analysis and criminal offences under section 25h KWG preferred;
• Understanding of financial markets and products (in particular Equities, Fixed Income, Commodities and Investment Banking/Capital Markets, Asset/Investment Management);
• Be certified as an Anti‑Money Laundering Specialist by ACAMS or equivalent AML certification/license – or certification within 15 months of hire.

• Fluent in German and English;
• Demonstrate a high level of attention to detail;
• Possess strong written and verbal communication skills;
• Have excellent interpersonal skills and ability to work effectively with colleagues across the Legal and Compliance Division (in Germany, across the Firm's EMEA offices and in other regions) and other Infrastructure and Control Functions (e.g. Financial Crimes Risk; Operational Risk Department; Operations);
• Possess strong analytical thinking and critical reasoning skills;
• Have the ability to effectively handle a fast‑paced environment and work to tight deadlines; be able to re‑prioritise work in response to changes in business needs, without compromising standards.