The Office's core responsibilities are: Assessing regulatory, policy, and technology Business-As-Usual (BAU) and Change that impacts first-line financial crime risk processes and coordinating planning among impacted stakeholders to address the Change's impact to the first line (e.g., updating procedures) Establishing effective governance to oversee BAU and Change initiatives that impact first-line financial crime risk, including through coordination with applicable stakeholders across Morgan Stanley Establishing First line Risk Appetite and Risk Assessment disciplines and Routines to manage related financial crimes risks Providing oversight to planning, implementation, and testing activities related to the remediation of audit, testing, and regulatory findings that impact first-line financial crime risk processes Monitoring initiatives to address BAU and Change and developing management reporting on status and changes to risk profiles Communicating Changes, emerging risks, and new risk typologies to business stakeholders Coordinating and driving the remediation of BAU and Change-related issues that impact customer first line financial crimes processes Facilitating applicable stakeholders in producing deliverables for regulatory examination and auditing Identifying and coordinating the development of training and communications to support the effective execution of first- line financial crime risk processes Developing direct relationships and open lines of communication with business units, Morgan Stanley Technology and other stakeholders to the end-to-end financial crimes risk process Responsibilities The Financial Crimes Risk Governance and Change Management Oversight VP will be responsible for supporting the following: Serve as a senior risk manager for 1L Financial Crimes responsible for establishing procedures, processes, and programs to prevent violations of law, rule, or regulation and design and deliver a risk management framework that maintains risk levels within the firm's risk appetite and protects the franchise Provide comprehensive oversight of risk and strategic initiatives, ensuring alignment with organizational goals and maintaining accountability for the successful execution of key deliverables This role will work closely with leaders across Financial Crimes and second line to and be responsible for driving end-to-end solutions by managing root cause analysis in close partnership with the front office, business risk managers, Compliance, Operations and Technology partners and leading them through to execution Responsibilities to partner with cross functional teams to analyze, deconstruct, and map current state process and identify improvement opportunities including creation of target operation models Responsible for establishing in-business control programs and overseeing the execution and health of the Financial Crime program across all business lines ensuring that the business program, systems, procedures, and controls meet regulatory and industry expectations Manage oversight of the Program Framework, Issues and Action Plans, which includes establishing managing action plan milestones, timelines, and the timely follow-up and coordination between multiple stakeholder groups to bring each Issue to closure Providing oversight and guidance over the assessment of complex issues, structures potential solutions and drives effective resolution with other stakeholders including Financial Crimes Management, Risk, and KYC Office as well as internal audit staff Overseeing the identification and assessment of Morgan Stanley's key Financial Crimes risks Ensuring those risks are effectively identified, measured, monitored, and controlled, consistent with the bank's risk appetite statement and all policies and processes established within the risk governance framework Serve as the primary point of contact representing the governance and oversight office in business and compliance forums, strategic/project working groups, exams, audits, etc. Champion and draft project requests to address identified gaps, with the objective of retiring manual workarounds, driving operational efficiency Partner with stakeholders to prioritize changes impacting the Financial Crime Program; Risk, Customer Experience and Execution, applying the principle that "not all risks are created equal" by focusing on high-impact areas Develop and implement clear, coherent communication strategies that detail the scope, progress, and outcomes of projects, ensuring transparency and stakeholder engagement at all levels Provide regular updates to senior management and other stakeholders on the status, risks, and outcomes of strategic projects, ensuring that all communications are concise, transparent, and actionable Operate with confidence and comfort in high-paced and high-profile environments- Required Experience: Required Experience: 7+ years of risk management, compliance, control, and/or audit experience in a Bank or financial services institute with a demonstrated record of success and/or growth Have a bachelor's degree in Business, Finance, or other related fields Superior organizational skills, with proven ability to successfully manage multiple and concurrent priorities while working independently or with little supervision Self-motivated with a passion for establishing and maintaining a culture of control within the business while keeping the client experience in mind Demonstrated relationship management skills with ability to deepen relationships and build partnerships across the business and key functional support areas with a strong ability to influence a group of diverse stakeholders and drive accountability and ownership with key business partners and process owners Detail oriented, with proven ability to question and identify opportunities within existing processes and business practices by leveraging previous experiences and knowledge of the business Pragmatic problem-solver, forward thinker with independence of thought and strong critical thinking skills Excellent verbal and written communication skills Ability to: Handle highly confidential information with appropriate discretion Direct and drive senior stakeholders towards a common goal Additional Skills Desired: Certified as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license is a plus.