Financial Crimes Risk Management​/COO Associate

Financial Crimes Risk Management / COO Associate

Join to apply for the Financial Crimes Risk Management / COO Associate role at Morgan Stanley.

Get AI-powered advice on this job and more exclusive features.

Direct message the job poster from Morgan Stanley.

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. Morgan Stanley values integrity, excellence, and strong team ethics.

The ISG Financial Crimes Risk ("FCR") Team is embedded within the Firm’s business line. It is responsible for identifying, assessing, and escalating laundering and reputational risk issues associated with higher risk client types. The FCR Team is considered the First Line of Defense and supports the onboarding and Enhanced Due Diligence processes for Morgan Stanley.

The Risk Management / Office of the COO Associate will play a key role in centralizing the First Line oversight of reviews and issue management involving the Second and Third Lines of Defense, as well as regulatory engagement. The role supports the development and implementation of the people & communication strategy for the FCR function, driving visibility and solutions across risk management and regulatory workflows, and supporting team development initiatives.

• Own and maintain 2
  
  LOD, 3
  
  LOD, and Regulatory reviews inventories, including organizing announcement memos and final reports, tracking status of ongoing reviews, and escalating within the Risk Management function as appropriate.
• Organize materials related to requests and responses, maintaining a tracker to ensure completeness and accessibility.
• Coordinate with regional FCR contacts to gather timely updates, monitor progress and support the escalation process.
• Maintain the Issue and Action Plan inventory, engaging with owners or Issues Management leads to confirm timely remediation and elevate when necessary.
• Support cross‑functional read‑across initiatives by driving stakeholder engagement and ensuring sustained participation through completion.
• Prepare reporting for FCR management across 2
  
  LOD/3
  
  LOD reviews, Regulatory and Issues Management activities, including materials for the monthly Risk Management Working Group and a newsletter with real‑time updates.
• Automate and visualize metrics, where possible, and maintain going forward.
• Manage a comprehensive headcount plan and budget to support organizational objectives.
• Create clear and concise materials to communicate resourcing updates to senior leadership.
• Assist in the development and implementation of FCR’s people strategy, including a comprehensive talent framework and initiatives to foster collaboration and a cohesive team environment.
• Support the development of FCR’s communication strategy and materials to showcase FCR’s strategy and impact.
• Analyze and synthesize data on risk metrics, control performance, and program execution, preparing detailed reports and dashboards for senior management, providing insights and recommendations.

• Bachelor’s degree in Business, Finance, Information Systems, or a related field. Advanced degree or relevant certifications (e.g., CAMS, CFE) preferred.
• 5+ years of experience in Financial Services or Fin Tech with a background in Risk Management, Compliance, Controls, or Internal Audit.
• In‑depth understanding of financial crimes regulations, including AML, KYC, and sanctions, and risk management frameworks.
• Proven ability to analyze complex data and translate insights into actionable recommendations.
• Excellent written and verbal communication skills.
• Proficiency in PowerPoint and creating clear, impactful presentations.
• Advanced proficiency in Excel for data analysis and reporting; experience with data visualization tools is a plus.
• Experience working in a cross‑functional environment, managing multiple stakeholders and competing priorities.
• Collaborative and proactive mindset, with a…