Senior Associate - AML

Are you passionate about fighting financial crime and preventing money laundering? Do you have a strong understanding of anti-money laundering (AML) regulations and a keen eye for detecting suspicious activities? If so, we have an exciting opportunity for you to join our team as a Senior Associate - AML at Morgan Stanley. As a global financial services firm, we are committed to upholding the highest ethical standards and ensuring the integrity of our operations. In this role, you will play a crucial role in our AML efforts, working alongside a talented team to identify and mitigate potential risks. We are seeking a highly skilled and experienced individual with a deep understanding of AML laws and regulations, strong analytical abilities, and a dedication to promoting compliance and integrity in the financial industry. Join us in our mission to safeguard the financial system and make a positive impact in the world.

1. Conduct thorough and ongoing monitoring of financial transactions and customer accounts to identify potential money laundering activities.
2. Analyze and investigate suspicious transactions and activities in accordance with AML laws and regulations.
3. Work closely with cross-functional teams, including compliance, legal, and risk management, to ensure compliance with AML regulations.
4. Develop and implement internal controls and procedures to prevent and detect money laundering activities.
5. Stay up-to-date with changes in AML laws and regulations and communicate any updates to relevant teams.
6. Provide guidance and support to junior team members, including training and mentoring.
7. Collaborate with law enforcement agencies and regulatory bodies as needed.
8. Conduct periodic reviews and audits of AML processes and procedures to identify areas for improvement.
9. Communicate effectively with internal and external stakeholders, including senior management and regulators.
10. Continuously assess and enhance the effectiveness of AML programs to mitigate risks and ensure compliance.
11. Identify and report any potential financial crime risks to senior management.
12. Participate in industry events and forums to stay informed of best practices and industry trends.
13. Promote a culture of compliance and ethical behavior within the organization.
14. Handle sensitive and confidential information with the utmost discretion and professionalism.
15. Assist with ad-hoc projects and initiatives related to AML and financial crime prevention.

According to JobzMall, the average salary range for a Senior Associate - AML in Mumbai, Maharashtra, India is between ₹600,000-₹1,500,000 per year. However, this can vary depending on factors such as the specific company, industry, and level of experience.

Additionally, senior associates in AML may also receive bonuses, benefits, and other compensation, which can impact their overall salary. It is best to research specific companies and job listings in the Mumbai area to get a more accurate understanding of the salary range for this position.

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.