Description
We are seeking a Head of GFC Advisory for Private Wealth Management (PWM) Asia to lead the execution and maintenance of our enterprise-wide financial crime prevention and detection program.
As part of the Legal & Compliance division, you will oversee the design, implementation, and execution of the Global Financial Crimes (GFC) program for PWM Asia. You will provide advice to internal stakeholders, monitor and control adherence to policies and regulatory rules, assess financial crimes-related alerts, and prepare management information for senior management.
Key responsibilities include:
- Overseeing the design, implementation, and execution of the GFC program for PWM Asia
- Providing advice to internal stakeholders
- Monitoring and controlling adherence to policies and regulatory rules
- Assessing financial crimes-related alerts from various screening and monitoring tools
- Preparing and presenting management information to senior management
- Maintaining relationships with regulators and industry working groups
- Managing internal and external audits and regulatory examinations
- Participating in client selection committees and new product approval processes
- Responding to regulatory inquiries
- Escalating material issues and incidents to the Head of APAC GFC
- Leading a team of GFC professionals based in Hong Kong and Singapore
- Developing and delivering financial crimes-related training
- Monitoring regulatory developments and supporting implementation of new rules and requirements
- Keeping financial crimes-related policies and procedures up to date
To be successful in this role, you will need:
- A Bachelor's degree
- At least 10 years of relevant experience in compliance, legal, audit, or other control functions in the financial services industry
- Financial crimes compliance experience and knowledge of local AML rules and regulations
- Excellent interpersonal and relationship management skills
- Strong analytical mindset, critical reasoning skills, and attention to detail
- Ability to effectively operate in a fast-paced environment and meet agreed deadlines
- Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license or certification within first 15 months of employment
At Morgan Stanley, you can expect a supportive and inclusive environment, comprehensive employee benefits, and opportunities to develop your skills and advance your career.