Morgan Stanley Looking For Director – Client Onboarding Regulatory Services – KYC (Operations) at Bengaluru Full Time

We are looking for an Director to join our CORS team in Bangalore. This position will support the Firm’s Equities, Fixed Income, Investment Banking, Investment Management businesses in EMEA region. Responsibilities will include:

• 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)
• Handle inquiries and ad hoc requests from internal clients including Compliance where required
• Actively engage with business, client onboarding teams, Compliance and Operations during the life cycle of the review starting from a request is received to completing a review.
• Ability to handle volume spikes and prioritize work including ad-hoc requests and projects to meet business demands in a timely manner
• Understand and implement in respond to changes such as regulatory changes, internal policy, and procedural changes.
• Participate in process improvement initiatives such as technology enhancements, operational process review, and process simplification.
• Support Functional Managers in the performance of quality & control checks; include the performance of 4-eye checks, collection of error types and analysis of root causes to identify opportunities for improvements.
• Support Functional Managers during External Audit, internal audit, testing and external reviews by way of delivering process walk-through and preparing sample packs for auditors and testing team to review
• Deliver with quality, accuracy, and timeliness with at expected throughput rates
• Review and strengthen regulatory controls, both tactical and strategic.
• Review and remediate clients on exceptions reports.
• Respond to queries on regulations and client reference data.
• Track and manage interdependencies, critical path and risk status.
• Escalate issues in a timely manner to the regional manager.
• Provide regular status updates and metrics to managers.
• Deliver quality results in a timely manner and within required deadlines.
• Establish good working relationships with regional teams and internal stakeholders across various jurisdictions.

Skills Required

• Strong attention to detail and research/investigative skills
• Ability to interact effectively with Business Units, Compliance, global colleagues (Hong Kong, Budapest, London, Tokyo, New York, Bangalore) and build effective working relationships
• Ability to work independently and meet the business deadlines with accuracy, handle trouble shooting to mitigate risks
• Multi-tasking to handle various business demands
• Must have strong written and verbal English skills with ability to communicate clearly and effectively
• Ability to manage pressure and stressful business demands
• Teamwork, Collaboration, Responsiveness and demonstrate accountability & ownership
• Quick learning ability to understand policies, procedures, systems, process and controls

Experience Required

• Minimum 6 years’ of work experience
• Experiences in AML/KYC customer due diligence, control, and regulatory program related process and/or projects are preferred.
• Knowledge of global KYC/CIP requirements (for UK, US, Germany, Hong Kong, Singapore etc.) supporting international institutional and wealth management businesses desired
• Familiarity with India local KYC and ODI regulatory requirements is a plus

Educational Requirements
– Minimum Bachelors’ Degree

“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.”

Job: *Other

Title: Director – Client Onboarding Regulatory Services – KYC (Operations)

Location: Non-Japan Asia-India-Karnataka-Bengaluru

Requisition ID: 3231328