Senior Associate - AML

Morgan Stanley is seeking a highly motivated and experienced Senior Associate to join our Anti-Money Laundering (AML) team. As a leading global financial institution, we are committed to maintaining the highest standards of integrity and compliance with regulatory requirements. Our AML team plays a critical role in identifying and preventing financial crimes, and we are looking for a dedicated individual who shares our passion for safeguarding our clients and the financial industry. In this role, you will have the opportunity to work with a dynamic and collaborative team, while utilizing your skills and expertise in AML to help protect our firm and its clients. If you are a detail-oriented and analytical professional with a strong understanding of AML regulations and a desire to make a positive impact, we encourage you to apply for this exciting opportunity.

1. Conduct thorough analysis and investigation of potential AML risks and suspicious activities, utilizing various tools and resources.
2. Develop and maintain a deep understanding of AML regulations and industry best practices to ensure compliance with all relevant laws and regulations.
3. Collaborate with cross-functional teams, including compliance, legal, and risk management, to ensure a comprehensive and effective AML program.
4. Identify and report any potential AML risks to senior management and make recommendations for risk mitigation.
5. Monitor and review client transactions and identify any potential red flags or suspicious activities.
6. Develop and implement policies and procedures to prevent, detect, and report potential money laundering activities.
7. Conduct ongoing training and education for employees on AML regulations and procedures.
8. Participate in regulatory examinations and audits, and ensure timely and accurate responses to inquiries.
9. Stay informed of industry developments and changes in AML regulations, and adapt the AML program accordingly.
10. Utilize data and analytics to identify trends and patterns related to potential AML risks and improve the effectiveness of the AML program.
11. Maintain accurate and detailed records of all AML activities and investigations.
12. Serve as a subject matter expert and provide guidance and support to junior team members.
13. Foster a culture of compliance and ethical behavior within the organization.
14. Handle any other duties or responsibilities as assigned by senior management.

According to JobzMall, the average salary range for a Senior Associate - AML in Mumbai, Maharashtra, India is between ₹ 6,00,000 to ₹ 12,00,000 per year. However, this can vary depending on the specific company, experience, and qualifications of the individual. Some companies may offer higher salaries for more experienced candidates or for those with additional certifications or qualifications in AML. It is important to research the specific company and job requirements to get a better 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.