FCR Client Risk Review Associate

Overview

Client Risk Review Associate — First Line Financial Crimes Risk

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.

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 integrity, excellence, and strong team ethics. Morgan Stanley can provide a superior foundation for building a professional career – a place for people to learn, achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

The ISG Financial Crimes Risk (FCR) Team is embedded within the Firm’s business line. It is responsible for identifying, assessing, and escalating potential money 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 Client Risk Review Associate will play a key role in supporting the execution of Client Risk Review (CRR) activities. They will regularly work with senior members across the associated control and 2nd line functions such as Compliance, Global Financial Crimes, and Credit Risk Management to manage client / franchise risk as it relates to the Firm Risk Appetite statement. This position will be responsible for maintaining and enhancing Client Risk Review item tracking and reporting and providing support across various CRR-related forums.

The ideal candidate will have over 5 years of professional experience in Financial Crimes risk, Franchise risk, governance, or consulting services, with the ability to effectively manage multiple priorities, create clear, executive-level materials, and collaborate with cross-functional teams to drive team objectives.

• Client Risk Review Meeting Support: Prepare materials for all CRR meetings, ensuring clarity, consistency, and alignment with governance standards. Coordinate inputs from stakeholders across divisions to ensure timely delivery of materials, and respond to and manage CRR-related inquiries from the advisory team and other stakeholders. Document detailed action items and notes during all meetings.
• Client Risk Item Tracking & Reporting: Own and maintain a SharePoint-hosted tracker used for CRR framework item management, including remediation, updates, and version control. Lead process improvement initiatives related to CRR tracking and reporting, identifying opportunities for automation and enhanced collaboration.
• Committee & Governance Forum Support: Support with the facilitation of governance forums, steering committees, and working groups. Create agendas, document clear and detailed meeting minutes, track action items, and ensure key decisions and risk escalations are properly recorded and communicated.
• Ongoing Improvement & Tech Integration: Drive effort to identify and utilize AI and other technology solutions to streamline documentation, data analysis, and meeting preparation, demonstrating a forward-thinking approach to productivity. Where needed, liaise with Technology and other stakeholders to develop and enhance solutions for the CRR and overall FCR governance framework.
• Creation of Executive-Level Presentations: Create materials for senior stakeholders, ensuring information is clear, concise, and impactful. Contribute to developing content that effectively communicates key messages and aligns with organizational goals and standards. The ideal candidate would have experience in a role that required creation and refinement of high-quality presentations for executive-level audiences.

• Bachelor’s degree in Business, Finance, Information Systems, or a related field. Advanced degree or relevant certifications (e.g., CAMS, CFE) is a plus.
• 3 years of experience in financial crimes risk…