Morgan Stanley Private Bank, NA (MSPBNA) Financial Crimes Risk Office (Wealth Management)– Vice President
Welcome to Morgan Stanley Private Bank, NA (MSPBNA), a leading global financial services firm providing wealth management services to ultra-high net worth individuals, families, and institutions. We are currently seeking a proactive and analytical Vice President to join our Financial Crimes Risk Office within our Wealth Management division. As a member of our team, you will have the opportunity to work with a diverse range of clients and collaborate with talented professionals to mitigate financial crimes risk for our clients and our firm. If you are passionate about protecting our clients' assets and have a strong background in financial crimes risk management, we encourage you to apply for this exciting opportunity.
- Develop and implement strategies to mitigate financial crimes risks for ultra-high net worth individuals, families, and institutions.
- Collaborate with cross-functional teams to identify and assess potential financial crimes risks and ensure compliance with relevant regulations and laws.
- Conduct thorough investigations and analysis of suspicious activity and escalate any potential risks to senior management.
- Continuously monitor and assess the effectiveness of current risk management policies and procedures, and make recommendations for improvements.
- Stay up-to-date on industry trends, regulations, and best practices related to financial crimes risk management.
- Develop and deliver training programs for employees on financial crimes risk awareness and prevention.
- Build and maintain relationships with internal and external stakeholders, including clients, regulators, and law enforcement agencies.
- Conduct periodic risk assessments and audits to ensure compliance with relevant laws and regulations.
- Prepare and present reports to senior management and other stakeholders on financial crimes risk management activities and improvements.
- Provide guidance and support to junior team members and assist in their professional development.
- Collaborate with other teams within the firm to ensure a holistic approach to risk management.
- Proactively identify potential risks and take appropriate actions to prevent financial crimes.
- Participate in industry forums and conferences to stay informed and share knowledge on financial crimes risk management.
- Maintain the highest level of confidentiality and discretion when handling sensitive information.
- Promote a culture of compliance and ethical behavior within the organization.
Extensive Knowledge Of Financial Crimes Risk Management: The Ideal Candidate Should Have A Deep Understanding Of Financial Crimes And Their Impact On The Banking Industry, As Well As Experience In Implementing Risk Management Strategies.
Strong Understanding Of Wealth Management: As The Mspbna Financial Crimes Risk Office Focuses On Wealth Management, The Vice President Should Have A Thorough Understanding Of The Industry, Including Products, Services, And Client Profiles.
Experience In Compliance And Regulatory Requirements: The Candidate Should Have A Track Record Of Successfully Managing Compliance And Regulatory Requirements In The Financial Industry, Particularly In The Wealth Management Space.
Excellent Analytical And Problem-Solving Skills: The Vice President Will Be Responsible For Identifying And Mitigating Potential Financial Crimes Risks Within The Wealth Management Division. Therefore, Strong Analytical And Problem-Solving Skills Are Essential For This Role.
Leadership And Communication Skills: The Mspbna Financial Crimes Risk Office Is A Critical Function Within The Organization, And The Vice President Will Be Leading A Team Of Risk Professionals. The Ideal Candidate Should Have Excellent Leadership And Communication Skills To Effectively Manage And Collaborate With Team Members And Stakeholders.
Risk Management
Risk assessment
Regulatory compliance
Due Diligence
wealth management
Investigative Analysis
Fraud detection
Compliance monitoring
Investigative Techniques
Anti-Money Laundering
Financial Intelligence
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
creativity
Teamwork
Adaptability
Problem-Solving
Decision-making
According to JobzMall, the average salary range for a Morgan Stanley Private Bank, NA (MSPBNA) Financial Crimes Risk Office (Wealth Management)– Vice President in Purchase, Harrison, NY 10577, USA is $150,000 to $175,000 per year. However, this can vary depending on the individual's experience, qualifications, and location within the company. Some individuals in this position may earn more or less than this range.
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Morgan Stanley provides investment banking products and services to its clients and customers including corporations, governments, financial institutions, and individuals. It operates through the following business segments: Institutional Securities, Wealth Management, and Investment Management. The Institutional Services segment provides financial advisory, capital-raising services, and related financing services on behalf of institutional investors.
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