AddressKYC Director
Job Number:
3246068
POSTING DATE: Feb 7, 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
Exciting opportunity to join the Client Onboarding and Regulatory Services team in Glasgow. The role is within NCNB (New Client New Business), who are responsible for performing Know your client & non-AML checks for new business relationships into the firm. The team support Morgan Stanley's Investment Banking Business Division and Global Capital Market teams as part of the broader onboarding process. Backfill for attrition. Fast paced and dynamic environment requiring individuals to prioritise effectively and work under pressure to meet business demands. Unique opportunity to manage a team, face off directly with senior members of the business unit and forge strong relationships.
About Morgan Stanley
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.
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. We 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.
What will you be doing?
- Perform Client Due Diligence review in support of the Firm's new client onboarding and existing client regular review in accordance with the applicable regulatory program requirements (such as UK, Germany, Dubai, US, Hong Kong, Singapore KYC requirements and applicable eligibility standards)
- Manage a team of 5 Associates and Analysts
- Prepare client outreach templates and work closely with the IBD Onboarding team and bankers to create a seamless experience for new clients onboarding with Morgan Stanley.
- Update Firm systems and databases with information and documentation as obtained from clients
- Develop SME knowledge 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.
- Show an interest in external business news and Morgan Stanley's client base in order to leverage background knowledge of clients.
- Ability to handle volume spikes and prioritize work including ad-hoc requests and projects to meet business demands in a timely manner
- Participate in process improvement initiatives such as technology enhancements, operational process review, and process simplification.
QUALIFICATIONS
What we’re looking for:
- Experience managing teams within KYC
- Be able to effectively interact with the Business units, Compliance and other key stakeholders and build effective working relationships
- 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.
Skills that will help you in the role:
- Ability to multi-task to handle various business requests and prioritize time accordingly.
- Strong attention to detail and research/investigative skills
- Quick learning ability to understand policies, procedures, systems, process and controls
Where will you be working?
Located in Glasgow's dynamic International Financial Services District, our office has an open, diverse, thriving company culture. In 2000, we founded our Glasgow office with just six employees. Since then, our office has grown to more than 2,000 people in our Glasgow office. This location has a wellness center, including gym and shower/changing facilities, GP, Prayer room, Restaurant, and onsite Starbucks.
Flexible work statement:
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Internal Applicants:
Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal by clicking here.
Equal opportunities statement:
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.
