At a Glance
- Tasks: Develop and implement economic sanctions compliance programmes while addressing queries and collaborating with teams.
- Company: Join Morgan Stanley, a leading financial institution with a commitment to diversity and inclusion.
- Benefits: Competitive salary, professional development, and a dynamic work environment in London.
- Other info: Opportunity for career growth in a supportive and diverse workplace.
- Why this job: Make a real impact by ensuring compliance with economic sanctions in a global context.
- Qualifications: 5+ years of experience in financial institutions or regulatory bodies; strong analytical and communication skills.
The predicted salary is between 80000 - 100000 £ per year.
Responsibilities
- Assist in the ongoing development, administration, and implementation of the Firm's Economic Sanctions Compliance Programme.
- Address sanctions‑related queries from first line risk, business and operations groups, including sanctions applicable to securities transactions and other financial products.
- Collaborate with GFC business advisory and legal teams to provide written and verbal communication on sanctions‑related risks to lines of business; review highly sensitive client and transaction information; present, report and elevate results as required.
- Track regulatory changes and emerging risks related to economic sanctions, ensuring proper communication and timely implementation of new procedures and enhanced due diligence programmes in response to changes in laws and regulations.
- Advise on the development of risk‑based processes and controls to ensure business unit compliance with economic sanctions and broader risk mitigation.
- Develop and deliver specialised training to relevant internal audiences concerning economic sanctions for both in‑person and firm‑wide online training modules.
- Coordinate with the Risk Assessment team on yearly Economic Sanctions Risk Assessments.
- Assist with responding to regulatory exams and inquiries as well as internal audits, including overseeing document productions.
Qualifications
- Strong academic credentials.
- Minimum of 5 years of relevant experience, preferably at a large or complex financial institution, law firm, or government/regulatory body.
- Detailed understanding of laws, rules, regulations, and industry best practice pertaining to economic sanctions, especially sanctions programmes administered across EMEA and by OFAC.
- Ability to understand and assess a wide variety of complex commercial transactions.
- Highly motivated self‑starter able to work independently while collaborating as part of a global programme.
- Strong analytical and problem‑solving skills with the ability to provide viable solutions in a time‑sensitive environment.
- Strong written and verbal communication skills, attention to detail, and effective time management.
- Sound judgment and ability to appropriately escalate issues internally.
- Strong interpersonal skills and team‑player attitude.
- Certification as an Anti‑Money Laundering Specialist by ACAMS or equivalent AML certification/license, or certification within the first 15 months of employment.
Certification and Regulatory Requirements
- Role is deemed a Certified role and may require the holder to maintain mandatory regulatory qualifications or meet internal company benchmarks.
Location
- London Office, United Kingdom
Other Information
Morgan Stanley is an equal opportunity employer committed to building and maintaining a diverse workforce and offering an inclusive culture.
Sanctions Compliance Officer in London employer: 96 Morgan Stanley UK Ltd
Morgan Stanley is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. With a strong commitment to employee growth, we provide extensive training opportunities and support for professional development, ensuring that our team members are well-equipped to navigate the complexities of economic sanctions compliance. Our inclusive culture values diversity and fosters a sense of belonging, making it a rewarding place to build a meaningful career.
StudySmarter Expert Advice🤫
We think this is how you could land Sanctions Compliance Officer in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like 96 Morgan Stanley UK Ltd looking for candidates who are engaged and informed.
We think you need these skills to ace Sanctions Compliance Officer in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at 96 Morgan Stanley UK Ltd. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at 96 Morgan Stanley UK Ltd
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with 96 Morgan Stanley UK Ltd’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
