Global Financial Crimes Quality Assurance Associate - Know Your Customer in Glasgow

The Legal & Compliance division assists 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 level position within the Global Financial Crimes Quality Assurance team which performs sample-based, post closure reviews on a periodic basis of certain controls performed by groups in the first and second lines of defence to detect risks associated with financial crimes. The objective of these quality reviews is to promote quality and consistency in the execution of controls; and enable GFC management to identify potential enhancements to controls to mitigate and manage risks associated with financial crimes.

What you'll do in the role:

• Performing population extraction and sampling of customers subject to Enhanced Due Diligence (EDD) for QA review.
• Reviewing completed EDD items to complete analysis sheets containing procedural and analytical questions regarding the Enhanced Due Diligence review.
• Determining whether the conclusion of the EDD demonstrates an understanding of the customer and appropriately addresses the material risk.
• Determining whether the decision to approve an account opening or refresh or to escalate it to the next level of review was appropriate.
• Documenting the QA review process.
• Providing as-needed support and guidance to dedicated QA analysts on the assigned area of expertise.
• Supporting QA management in efforts to enhance consistency in the performance of GFC activities across processes, business lines, and regions.
• Supporting QA management as needed during regulatory examinations and internal audits.

What you'll bring to the role:

• At least 4 years' relevant experience would generally be expected to find the skills required for this role.
• Minimum of 2 years of relevant experience in an anti-money laundering or anti-financial crime group at a large financial institution, including experience conducting Customer Due Diligence.
• Bachelor's degree or equivalent.
• Excellent time management skills and ability to execute tasks within tight deadlines.
• Excellent analytical skills.
• Excellent interpersonal skills necessary to work effectively and collaboratively with colleagues and stakeholders across regions and business units.
• Ability to identify root causes for recurring issues identified during the QA process.
• Attention to detail.
• Ability to take thoughtful and effective ownership of assigned areas of responsibility.
• Experience with managing data and records in Excel.
• Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license - or certification within 15 months of hire.

What you can expect from Morgan Stanley:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - 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. 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. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. 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.

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.