This job has expired, please see additional jobs below
Activity Monitoring Vice President, Wealth Management Operations
Morgan Stanley
New York, NY, United States
Job Details - this job has expired, please see similar jobs below
Description
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.
As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
The Wealth Management Activity Operations team is focused on managing and implementing a centralized governance and process structure for our client and account processing and restriction platform. Across Wealth Management, there are numerous departments having varied criteria leading to a client or account restriction. These restrictions can include, but are not limited to: Trading, Withdrawals/Distributions, New Accounts, Checks/Debit Cards, ACATS, and Journals. Departments that can place and remove restrictions on clients or accounts can include, but are not limited to: Anti-Money Laundering, Risk / Compliance Surveillance, National New Accounts, Legal, Stock Plan Services, and Margin.
The Wealth Management Activity Monitoring Operations team is looking for a Vice President to lead the formation, definition and implementation of the newly created Red Flag Operations team. This role requires a candidate with strong hands-on experience in governance initiatives in a complex environment managing a team of employees across several work streams.
Key responsibilities:
• Playing a lead role for various projects/initiatives supporting Activity Monitoring Operations
• Managing and maintain relationships across various departments and functions including but not limited to: Legal, Risk, Compliance, Anti-Money Laundering, New Accounts, Margin, Stock Plan Services, IT
• Understanding business functions and processes
• Coordinating and scheduling project execution
• Field and cross platform impact assessment
• Understanding and developing metrics and reporting needs for senior management
• Managing a growing team of resources
• Gathering and documenting requirements including process flow diagrams, policy and procedure documents for various departments and evaluation of existing processes · Flexibility and willingness to learn new roles and responsibilities in an ever changing complex environment
• Flexibility and willingness to learn new roles and responsibilities in an ever changing complex environment.
Qualifications
• 10+ years experience working for a major financial institution, preferably wealth management or consulting agency, having clients in the financial services industry, preferably wealth management
• Working experience, or strong knowledge of the following areas: AML, Legal, Compliance, Audit, Risks & Controls, Operations, IT
• Ability to manage and maintain relationships across various departments
• Strong problem-solving abilities and analytical skills, ability to break down complex problems and projects into manageable pieces, and develop elegant and efficient solutions
• Experience gathering requirements and writing BRDs and functional specifications
• Experience documenting and implementing policy and procedure documents
• Strong verbal and written communication skills
• Solid knowledge of Microsoft Office (intermediate Excel), basic SQL
• Bachelor's degree required. Advanced degree (MBA, Business Analytics) a plus