Fraud Rules Senior Analyst - Assistant Vice President

The Wealth Management (WM) Chief Data Office (CDO) sits within the WM Risk organization and strives to find the right balance between risk management and business enablement. WM CDO’s mission is to: prevent unauthorized access to or misuse of client sensitive data and assets; abide by relevant privacy laws and regulations; effectively retain, retrieve, and protect information and records at the Firm; and mitigate risks caused by inaccurate, untimely, or incomplete WM data. The External Fraud Risk Team within WM CDO works to define appropriate fraud risk thresholds for WM and govern controls that keep net external fraud losses within tolerance while achieving business objectives.

Role Description

The External Fraud Risk Team seeks an Assistant Vice President to execute on the inventory, review, and continuous monitoring of WM’s fraud rules. This individual will support efforts to build an automated strategic inventory of fraud rules, perform gap analyses, and continually test rules for implementation issues. They will also maintain analytics and metrics to monitor the overall health of WM’s fraud rules and perform ad hoc data analysis and documentation tasks when there are fraud incidents and senior management queries related to fraud rules.

Key Responsibilities

• Serving as a subject matter expert on WM’s fraud rules
• Assisting in project managing the implementation of WM External Fraud Risk’s fraud rules testing platform
• Enhancing WM External Fraud Risk’s fraud rules testing platform to ensure coverage for new WM products and services such as crypto, digital assets, and banking and lending products
• Conducting extensive research and data analysis to enable the optimization of rules as the fraud landscape evolves
• Using WM External Fraud Risk’s fraud rules testing platform to continually identify, confirm, and remediate fraud rule gaps in partnership with external stakeholders and control owners
• Tuning analytics that evaluate the trade-offs between fraud rule/control effectiveness and client friction as new rules and controls are introduced
• Liaising with external stakeholders to interpret and translate fraud control requirements for the WM business
  
  

Qualifications

• 3-5 years of relevant experience
• Experience with fraud rule implementations that balance fraud risk with business enablement and client friction
• Understanding of Agile SDLC and software QA testing
• Ability to build analytics and automations using tools like Python, SQL, and Dataiku
• Strong attention to detail and experience producing precise documentation that holds up to scrutiny
• Ability to partner with external stakeholders and drive projects to completion in a large matrixed organization
• Experience using content and project management tools, including SharePoint, Jive, and Jira
• Exceptional critical thinking, problem-solving, and research skills
• Comfort escalating risks and decisions
• Excellent written and verbal communication skills, with the ability to communicate at all levels within the organization
  
  

Preferred Qualifications

• Solid understanding of cybersecurity, network security principles, and authentication controls
• Experience with incident response and root cause analysis
• Familiarity with the evolving Artificial Intelligence landscape and an understanding of capabilities
• Knowledge of the financial services industry; preferably in wealth management, risk management, or technology
  
  

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.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Expected base pay rates for the role will be between $85,000 and $140,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.