Kyc Associate - Glasgow, United Kingdom - Morgan Stanley

Morgan Stanley

Verified Company

Glasgow, United Kingdom

5 days ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

KYC Associate

Job Number:
3245939

POSTING DATE:
Jan 22, 2024

PRIMARY LOCATION:
Europe, Middle East, Africa-United Kingdom-United Kingdom-Glasgow

EDUCATION LEVEL:
Bachelor's Degree

JOB:
Other

EMPLOYMENT TYPE:
Full Time

JOB LEVEL:
Director

DESCRIPTION

Company Profile:

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.

The Firm's employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic.

Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow.

A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Department Profile:

One of the largest divisions in the Firm, Operations is the first line of defence for Morgan Stanley's financial and reputational well-being and essential in delivering value to our clients.

Operations is responsible for correctly settling and recording millions of transactions per day, identifying, and mitigating operational risk, developing strong client relationships, and partnering with technology to realize the full potential of IT and Automation.

Operations has a world-class team of innovative and dedicated professionals, with a unique vantage point in the Firm interacting with all parts of the business, front to back.

The Operations Senior Management team are passionate about our people development and providing best in class employee opportunities through an inclusive, forward-looking environment defined by open communication, collaboration, learning, and proactive career management.

Team Profile:

Client Onboarding and Regulatory Services (CORS) Profile:

Client Onboarding and Regulatory Services (CORS) is an Operations group within ISG Operations that is responsible for adherence to client regulatory requirements during the life of the client's relationship with Morgan Stanley.

This includes Anti-Money Laundering (AML) Client Reference Screening, Know Your Client (KYC), and other non-AML/KYC regulations such as MIFID, QIB, QFC, Dodd Frank, EMIR, HKPI, etc.

The team is comprised of regulatory SMEs that provide support and regulatory control to global Business Units and stakeholders.

The teams work on cross-functional projects in support of changed or new regulations, processes and controls that have an impact across the Firm coordinating with Legal, Compliance, Central Change and Technology.

There are three Operational teams:
Morgan Stanley is seeking a Director for the NCNB team.

NCNB:

The New Client New Business team is responsible for maintaining, reviewing, processing, and reporting on both AML and Non-AML regulatory programs; ensuring the data and documentation required is collected for new clients or existing clients extending their business relationship with Morgan into new products/jurisdictions.

CORS have a global footprint with offices in Hong Kong, Bangalore, Tokyo, London, Baltimore, and New York.

Responsibilities:

> Understanding and implementation of KYC standards, guidelines, policies, and procedures

> Responsible for day-to-day management of the team

> Lead daily calls with BU to agree on priority onboarding list and manage delivery expectations

> Act as SME on KYC and MiFID regulations along with MS specific requirements in order to provide clear guidance and updates when onboarding new clients.

> Respond to queries from key stakeholders in a clear and timely manner.

> Develop a risk based and rational mindset when reviewing clients in order to help manage the often-bespoke nature of IBD and GCM deal clients.

> Work closely with Global Financial Crimes (GFC) to communicate bespoke requirements and requests from clients

> Deliver quality results in a timely manner and within required deadlines/time frames.

> Ability to handle volume spikes and prioritize work including ad-hoc requests and projects to meet business demands in a tim

QUALIFICATIONS

Skills required:
> Strong attention to detail and research/investigative skills

> Quick learning ability to understand policies, procedures, systems, process and controls

> Sound risk and control mindset, excellent judgement, and ability to prioritize.

> Ability to work independently and meet the business deadlines with accuracy, handle trouble shooting to mitigate risks

> Problem solving skills to mitigate risks associated with the business.

> Effectively interact with the Business units, Compliance and other key stakeholders and build effective working relationships

> Multi-tasking to handle various business requests and prioritize time accordingly.

> Ability to quickly digest new information and