We’re seeking someone to join our team as an Associate, Financial Crime Compliance – PWM Client Risk Unit in Legal & Compliance to provide independent oversight and risk assessment of high financial crime risk client relationships, ensuring robust AML/CFT standards across the PWM Asia business.
In the Legal & Compliance division, we assist the Firm in achieving its business objectives by facilitating and overseeing the Firm’s management of legal, regulatory and franchise risk. This is an Associate level position within the Client Risk Unit, which is responsible for evaluating high-risk client relationships and providing independent check and challenge over enhanced due diligence (EDD) execution across the Private Wealth Management Asia business.
Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.
What you'll do in the role:
Review and assess enhanced due diligence (EDD) for high-risk clients across onboarding, trigger events, and risk escalations to ensure compliance with AML/CFT regulations and internal policies.
Challenge first line decisions and rationale, ensuring financial crime risks are appropriately identified and mitigated.
Oversee execution of EDD standards and ensure consistency and quality across cases.
Provide timely and practical AML advisory support to PWM Asia business units and stakeholders.
Collaborate with Front Office, Operations, Legal, and Compliance teams on financial crime matters.
Support the development, review, and implementation of AML policies, procedures, and controls.
Contribute to AML-related projects, thematic reviews, and risk assessments.
Support regulatory inspections and internal audits, including remediation activities.
Produce management information (MI) reports and dashboards for senior stakeholders.
Deliver AML training and prepare relevant materials for internal stakeholders.
What you'll bring to the role:
Bachelor’s degree in Law, Accounting, Business, Economics, Finance, Risk Management or a related discipline.
Relevant professional qualifications (e.g., CAMS, AAMLP/CAMLP, CPA) preferred.
Experience in AML/KYC roles, ideally within private wealth management or private banking.
Strong knowledge of AML/CFT regulations across Asia-Pacific, particularly Hong Kong and Singapore, and familiarity with international standards.
Excellent written and verbal communication skills in Chinese and English.
Strong attention to detail with sound judgment and prioritization capabilities in a fast-paced environment.
Ability to engage effectively with senior stakeholders and cross-functional teams.
Strong analytical, critical thinking, and problem-solving skills.
Ability to manage multiple priorities while maintaining organization and accuracy.
At least 3 years' relevant experience would generally be expected to find the skills required for this role.
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
For more information, please visit:https://www.morganstanley.com/people-opportunities/eeo
Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in 42 countries, our firm's employees serve clients worldwide including corporations, governments, institutions and individuals.
We are committed to maintaining the first-class service and high standard of excellence that have always defined the firm and everything we do is guided by our five core values: Do the right thing, put clients first, lead with exceptional ideas, commit to diversity and inclusion, and give back.
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