Analyst - Transaction Sreening (Operations)

Job Description

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- Shared Service Banking operations (SSBO) provide utility processing services to Global Operations. By functionalizing processes across segments, SSBO realizes efficiencies through scale, location strategy and adoption of best practices. SSBO provides quality operational core processes at an optimal price point, with maximum benefit to MS business lines. Services currently provided by SSBO include Cash Management, OTC Derivative and Security Settlements, Position Services, Reconciliations, Tax, Client Reference Data; AML Client & Transaction screening, Network Management and Vendor Management. Transaction screening team conducts screening of Anti Money Laundering (AML) checks for incoming and outgoing payments for Operations globally. Screening team is a global team with footprints in Mumbai & Baltimore. Background on the Team- Acting as line of defense, Transactions screening team ensures payments made & received to Morgan Stanley are not facilitating transactions with any OFAC sanctioned countries, entities, or individuals. The role & responsibilities of professional will be to ensure efficient identification and monitoring of transactions in the Bank and ensure timely escalation & reporting of potential true hits to the Global financial crimes [GFC] team. The Associate will operate within a Team of individuals working together on a shared workload whilst reporting to a Director. Primary Responsibilities-
• Analyze & investigate exceptions alerts for potential money laundering risks in the Bank.
• Ensure effective identification and escalation of potential true hits.
• Daily monitor of exception queue and ensure all payments are action before the currency cutoff
• Communicate with Business units & GFC team for clearance of exceptions
• Ensure timely, efficient reporting of daily & monthly MIS
• Identify, communicate and remediate process breakdowns and best practices
• Creating and delivering reporting on process effectiveness to leadership team
• Establish working & effective relationship with global teams.
• Ensuring documentation and standard operating procedures are up to date with all relevant approvals in place.
• Prioritize and proactively manage own workflow to ensure departmental service standards are achieved.
• Maintain a current understanding of money laundering and terrorist financing issues, including policies and procedures.
• Assist leadership team as needed.
, *Skills Required (essential)
• Up to 4 years of Corporate Intelligence, due diligence, and/or Operations experience in the financial or professional services industries preferred
• Bachelor s degree from an accredited college / university
• Solid understanding of common money laundering schemes as well as regulatory environment
• Flexibility, self-confidence and ability to work in a dynamic environment
• Strong interpersonal and verbal communication skills with the ability to apply sound reasoning when delivering services
• Good organizational skills; ability to multi-task efficiently
• Good at taking initiative with ability to drive projects forward to completion
• Ability to set priorities and recognize time constraints
• Actively participate in team meetings, raising issues, questioning others and offering solutions/ideas
• Demonstrates accountability for actions and errors
• Proactively escalates issues as they occur
• Proficient with Excel, Word, and PowerPoint.
• Should be flexible with working in Shift (Asia , EMEA and North Amercia)
Skills Desired-
• CAMS certified
• Possess strong analytical / reasoning skills
• Be able to handle highly confidential information professionally and with appropriate discretion
• Working knowledge of Payments flow
• Has the ability to effectively handle a fast paced environment and successfully meet established deadline requirements
• Be self-motivated and must have the ability to work independently
Coverage Monday to Friday, with the candidate willing to work flexi hours Coverage is dependent on business needs so flexibility on required finish time or full days coverage may be required during Indian holidays. Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise 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

Keyskills :
anti money launderingreference databusiness unitscash managementinvestment bankingbanking operationsfinancial servicesnetwork management