Data Analytics & Reporting, 1L Financial Crimes Risk, Associate

Job Summary

Position Summary: Our key priority is to design and build Wealth Management, Bank, and Investment Management Risk s ability to aggregate, analyze and report on relevant risk factors within the FCR segment across these Morgan Stanley businesses.

Key Responsibilities

Our key priority is to design and build the first line Financial Crimes Risk supervisory framework and control structures. This includes the ability to aggregate, analyze and report on key risk factors in the Financial Crimes space across WM, Bank, and Investment Management businesses, particularly with respect to heightened risk client types and international wealth businesses and compliance with relevant policies and procedures when servicing clients. The ideal candidate will have experience in managing complex strategic projects, related to risk oversight in financial crimes, have expertise in data management and reporting as well as good strategic thinking and communication skills to produce effective monitoring of existing and emerging risks and ultimately effect change in the business risk management practices.

The candidate will be responsible for collecting, processing, and analyzing data from various sources. The employee will be expected to work independently as well as part of a team to execute the full cycle of quantitative analysis. This includes sourcing raw data, quality checking the data, transforming data as necessary and using data to draw sound conclusions and help drive risk policies. This role requires familiarity with datasets larger than four million records and to build automated and scalable tools for reporting and analysis. The employee will take initiative and responsibility to drive tasks forward. In addition to data management, the ability to reach conclusions quickly and consistently will be critical to being successful in this role. The candidate s primary responsibilities will include:

• Support development of control structure based on ongoing analysis and relevant risks related to the first line financial crimes risk program, including regulatory and transformation initiatives
• Through data-driven analyses, liaise with functional area representatives from FCR and its stakeholders to identify and assess potential gaps in the risk framework and provide recommendations on control structures
• Assist with developing requirements and work closely with technology, data & analytics, and operations teams to drive relevant data sourcing systemic control development
• Manage projects to build automated and scalable tools for reporting, analysis and gaining efficiencies in financial crimes risk processes
• Assist in designing and implementing a holistic risk management framework for the firm s financial crimes risk program
• Integrate new data queries and insights into existing supervision framework
• Perform data analysis on special topics related to key events and regulations
• Assist in building data pipelines to support risk management process
• Engage senior stakeholders across 1st and 2nd lines on special initiatives and ongoing financial crimes related risk matters
• Expand the use of AI across 1st line FCR data driven activities and processes to drive efficiency and automation

Required Skills

• Strong knowledge of SQL and Python are job requirements
• Strong project management skills and ability to manage many competing priorities
• Experience visualizing data for reporting and end user analysis, using tools like Tableau
• Practical experience with applying statistical models to solve business problems
• A quantitative degree e.g., Math, Statistics, Computer Science, Finance
• Experience in risk management, financial industry and/or business management. Knowledge related to Wealth Management a plus
• Working knowledge of financial risk management concepts, with a desire to quickly acquire deeper proficiency
• Familiarity with Agile software development and software design patterns is a plus
• Excellent written and verbal communication skills, and comfortable interfacing with senior personnel on highly sensitive issues
• Proven ability to work across departments to influence others and build strong relationships
• Strong belief in purposeful evolution, innovation, and digital transformation
• Attention to detail, high level of initiative and resourcefulness and ability to problem solve, demonstrate good business judgment and integrity
• Proficiency in Microsoft programs including Outlook, Word, PowerPoint and Excel

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.