Morgan Stanley has been serving ultra-high net worth individuals, corporates and asset owners in Asia for over 30 years. Leveraging strong connectivity to Morgan Stanley's renowned Investment Bank, Morgan Stanley Private Wealth Management Asia delivers the global resources, product expertise and personalized service needed to address the complex challenges of managing significant wealth:

Flow Products

Fund Investments

Alternatives & Privates

Financing Solutions

Strategy Advisory

Wealth Planning

Capital Markets Access

Cash Management

Why Morgan Stanley?

Morgan Stanley (NYSE: MS) is a leading global financial services firm providing investment banking, securities, wealth management and investment management services. With offices in more than 41 countries, our employees serve clients worldwide including corporations, governments, institutions and individuals.

Building on over 30 years of delivering first-class business in a first-class way, Morgan Stanley helps Asia wealth management clients succeed by delivering the Firm's global reach, product leadership and investment expertise. To reinforce our commitment to the region, we have established Morgan Stanley Bank Asia Limited, a licensed bank in Hong Kong and a wholesale bank in Singapore, to conduct private wealth management business in Asia.

You'll find that the competitive compensation packages with benefits, the established career paths and our culture and values all make Morgan Stanley a great place to develop your career.

Morgan Stanley is an Equal Opportunity Employer. Learn more at:

https://www.morganstanley.com/people-opportunities/eeo .

About The Department

Morgan Stanley Private Wealth Management provides highly customized financial advice, investment solutions and brokerage services to individuals, families, and foundations. As Morgan Stanley's premier service for individuals and families with significant means, we specialize in providing our clients with custom-tailored financial solutions and a level of sophistication and access to expertise and investments typically reserved for large corporations, financial institutions, and governments.

Within Private Wealth Management the Account Management Team (AMT) currently has four distinct functions: AML Advisory, Client Account Opening, Client Account Maintenance and Projects. A new function, AML Risk Management will be established. These positions are within the AML Risk Management function and hires will be made in each location (Hong Kong, Singapore and Melbourne)

About the Role

This role will report to the Head of AML Risk Management in Hong Kong and will implement AML risk controls for processes performed by AMT across the APAC region in Hong Kong, Singapore, and Australia. This includes the review and risk sign-off of high risk accounts (e.g., EDD) throughout the account life cycle.

Duties and Responsibilities

The ideal candidate will have 10+ years of experience with at least 5 years in a role within the financial crime compliance function of a regulated financial services business in Hong Kong, Singapore or Australia. Compliance / AML onboarding knowledge or experience at another top-tier Private Bank ("PB") is an advantage.
??? Support the Head of AML Risk Management team to implement the team's mandate, across the APAC region in Hong Kong, Singapore and Australia.
??? Act as the risk approver (including, high risk accounts, EDD) throughout the account life cycle i.e., onboarding, periodic review, trigger events and account block.
??? Identify and escalate accounts, transactions or client relationships with financial and tax crime risks and information to the Head of AML Risk Management and Head of AMT with proposed mitigating measures.
??? Provide advice to the Head of AML Risk Management and Head of AMT on financial crime risk management matters.
??? Coordinate with Global Financial Crimes (GFC) to ensure financial crime risk management controls are effectively designed and implemented in AMT processes and draft relevant procedures and checklists when necessary.
??? Potential to manage a small team, depending on location.
??? Provide regular management information to Head of AML Risk Management, Head of AMT and GFC for their ongoing monitoring.
??? Be cognizant to regulatory changes and provide guidance and training to AMT as needed to enhance risk controls for processes performed.
??? Coordinate responses for monitoring activities carried out by regulators, GFC, external/internal audit and testing teams.
??? Support PWM Asia and MSWM Australia with implementing audit and compliance testing team action plans as required.

Qualifications:

Requirements
??? Strong knowledge of the relevant financial crime legislations in Hong Kong, Singapore and Australia. CAMS certification an advantage.
??? Knowledge of account structures of various complexity, private wealth management regulatory requirements and best practices.
??? Proven ability to anticipate and identify risks and implement effective mitigation measures.
??? Demonstrated ability to collaborate across multiple functional areas while maintaining independence.
??? Excellent verbal and written communication skills including the ability to deal with potentially contentious AML risk issues effectively and instruct/ advise impacted teams.
??? Ability to adapt and work efficiently in a fast-paced environment.
??? High attention to detail and an analytical mindset.
??? Self-motivated and enthusiastic.
??? Chinese language proficiency (speaking and reading)

Education and Experience
??? Bachelor's degree required or equivalent education or experience.
??? 10+ years with at least 2 years in a team lead / management role in the financial services industry.
??? Ideally with previous experiences in AML / Compliance within a top-tier PB.

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