FCR Associate Enhanced Due Diligence Quality Control

Morgan Stanley; Glasgow; On-site; GBP 45,000 - GBP 60,000; Full time

Job summary

A leading global financial services firm is seeking an experienced professional to join its Financial Crimes Risk Team in Glasgow. The role focuses on assessing Financial Crime risks associated with high-risk clients through the Enhanced Due Diligence process. Candidates must have relevant experience in AML regulations, strong analytical skills, and an ability to handle confidential information. The position requires in-office attendance 4 days a week, with a supportive team environment that values collaboration and diverse perspectives.

Benefits

Comprehensive employee benefits

Flexible working arrangements

Opportunities for professional development

Qualifications

• Experience in BSA/AML and OFAC requirements in finance.
• Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent within 15 months.

Responsibilities

• Assess Financial Crime risk for high‑risk clients via EDD process.
• Validate and address QC findings and ensure compliance.
• Maintain accurate reporting of EDD cases.

Skills

AML regulatory requirements knowledge

Research and analytical skills

Writing skills

Interpersonal skills

Ability to multitask

Education

Undergraduate degree in relevant field

Tools

Microsoft Office

Job description

Company Profile

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.

Department Profile

The Financial Crimes Risk (“FCR”) Team sits within the Firm’s business line. It is responsible for identifying, assessing, and escalating potential money laundering and reputational risk issues associated with higher risk client types. The FCR Team is considered the first line of defense and supports the onboarding and enhanced due diligence processes for Morgan Stanley.

Primary Responsibilities

• Assess the Financial Crime risk associated with potential and existing high‑risk clients of the Firm via the Enhanced Due Diligence (“EDD”) process.
• Confirm the EDD performed aligns with the Firm’s policies and procedures and is completed accurately and with quality.
• Work with the FCR EDD production non‑officers to address and remediate Quality Control (“QC”) findings.
• Validate that FCR and/or Global Financial Crimes (“GFC”) Leadership findings/comments have been remediated by FCR EDD Production non‑officers.
• Maintain accurate reporting and workflow tracking of EDD cases through the QC lifecycle.
• Escalate themes identified during QC testing to FCR Leadership for awareness.
• Provide supervisory support and training FCR EDD Production non‑officers through developing individual and team skills and providing timely, constructive feedback.
• Challenge existing systems and processes, looking for enhancements and efficiencies where possible.
• Support QC management as needed during regulatory examinations and internal audits.
• Assist on other special projects, as needed.

The role will require in‑office attendance 4 days per week.

Qualifications

Experience Required:

• Relevant training experience in BSA/AML and OFAC requirements in financial or banking industry.
• Undergraduate degree in related field or an equivalent combination of training and experience.

Skills Required

• Strong knowledge of AML regulatory requirements and expectations (Domestic – UK and International - non‑UK).
• Strong research and analytical skills with particular focus on attention to detail.
• Strong analytical skills to identify and assess relevant AML risks including all screening results.
• Strong writing skills to articulate customer’s EDD profile and analysis of AML risks imposed.
• Strong interpersonal skills and ability to work effectively with colleagues across different divisions including but not limited to Operations, GFC, and relevant Business Units.
• Strong ability to effectively handle a fast‑paced environment and work to tight deadlines; be able to re‑prioritise work in response to changes in business needs.
• Strong knowledge of business, products, operations, systems and organization within the Institutional Securities Group (“ISG”).
• Basic knowledge of Microsoft Office tools (Word, PowerPoint, Excel).
• Ability to handle highly confidential information with appropriate discretion.
• Ability to leverage investigative or due diligence skills to work on complex files.
• Certification as an Anti‑Money Laundering Specialist by ACAMS or equivalent AML certification/license – or certification within first 15 months of employment.

Ability To

• Take initiative, analyze, summarize, communicate effectively, and elevate issues to senior leadership appropriately.
• Investigate, identify issues, impacts and trends to propose comprehensive solutions.
• Multitask effectively and action matters promptly.
• Work independently and in a team environment.
• Handle highly confidential information with appropriate discretion.
• Work in a high volume, fast paced environment.
• Work in a matrixed organization; leveraging resources across the organization to complete deliverables.
• Embrace new technologies, such as AI, to make existing process more efficient.

Additional Skills Desired

• Strong foreign language/translation skills in: Spanish, Portuguese, French, Mandarin, Cantonese, Arabic, Russian, Hindi, Urdu, Punjabi, Italian, or African languages.

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.

Certified Persons Regulatory Requirements

If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.