The Executive Director position within the Wealth Management Chief Data Office’s External Fraud Risk Team requires a strategic leader to oversee fraud risk frameworks and controls across various channels and products. This role involves setting external fraud risk strategy, enhancing detection capabilities through rule governance and alerting strategies, while ensuring compliance with regulatory standards like NACHA rules and UCC requirements. The candidate will leverage data-driven insights to optimize fraud detection systems, engage with senior stakeholders for credible challenge on risks, and partner with technology teams to implement advanced analytics and automation. Ideal candidates have 10-15+ years of experience in financial crime or risk disciplines, expertise in authentication technologies, and strong communication skills to influence governance forums effectively.
Lead strategy and governance of external fraud controls across all typologies.
Oversee design and optimization of fraud detection rules and alerting frameworks.
Apply expertise in authentication methods to enhance preventative and detective controls.
Drive data-driven analysis to improve fraud rule performance and effectiveness.
Ensure alignment with regulatory requirements such as NACHA rules and UCC frameworks.
Develop comprehensive fraud risk metrics and reporting for senior management oversight.
Partner with technology teams to implement advanced detection capabilities and automation.
What we're looking for
10–15+ years of experience in fraud risk within financial services
Deep expertise in various fraud typologies including account takeover and trading fraud
Strong knowledge of NACHA rules, UCC frameworks, and payment/trading-related risks
Proven experience designing and managing fraud detection rules and control frameworks
Demonstrated ability to balance fraud risk mitigation with client experience and business objectives
Exceptional critical thinking, problem-solving, and decision-making skills
Strong communication skills for influencing senior stakeholders and governance forums
Market check
Salary context
Competitive pay
How this pay compares to similar roles
Similar $193k
This role $200k
$138k
most similar roles pay here
$262k
This role pays more than
57%
of similar roles. Most pay
$151,562–$235,000
— the shaded band above.
At the midpoint, this role pays about
$200k
versus about
$193k
for comparable roles.
Based on 238 similar postings.
Employer
About Morgan Stanley
Morgan Stanley is a global financial services firm providing investment banking, securities, wealth management, and investment management services to corporations, governments, institutions, and individuals. Industry: Investment Banking & Financial Services
Morgan Stanley currently has
31 open roles
on FindRole.
Listed pay typically runs
$138,500–$165,000
across 30 roles with salary data.
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