Associate – Transaction Screening at Morgan Stanley, Mumbai

Applications are invited for Associate – Transaction Screening at Morgan Stanley, Mumbai for the year 2021. Online applications are open on the official website.

Eligibility

• Bachelor-s degree from an accredited college / university
• Strong interpersonal, verbal & written communication skills with the ability to apply sound reasoning when delivering services
• Up to 1 years of Corporate Intelligence, due diligence, and/or Operations experience in the financial or professional services industries will be preferred.
• Understanding of common money laundering schemes as well as regulatory environment
• Flexibility, self-confidence and ability to work in a dynamic environment
• 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.
• Flexible working in Shift (Asia or EMEA)

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 actioned 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.