Client Segment Risk Head of Scams and Exploitation Risk Team and Internal Fraud Vice President

Morgan Stanley

Confirmed live yesterday High trust

Quick summary

Work type
On-site
Location
New York, NY
Salary
$115,000–$190,000 / yr
Posted
3 days ago
Freshness
Confirmed live yesterday

Market check

Salary context

Below market

How this pay compares to similar roles

Similar $190k
This role $152k
$102k most similar roles pay here $238k

This role pays less than 76% of similar roles. Most pay $154,750–$224,493 — the shaded band above. At the midpoint, this role pays about $152k versus about $190k for comparable roles.

Based on 240 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 40 open roles on FindRole.

Listed pay typically runs $150,000–$210,000 across 34 roles with salary data.

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At a glance

TL;DR · Client Segment Risk Head of Scams and Exploitation Risk Team and Internal Fraud Vice President

WM Client Segment Risk Head of Scams and Exploitation Risk Team and Internal Fraud: Vice President joins the Conduct, Controls & Governance team to lead the Scams and Exploitation Risk Team and Internal Fraud programs. This role involves defining strategic roadmaps, evaluating emerging risks, and managing the technology book of work to enhance detection capabilities. The individual will develop processes to prevent clients from distributing funds to third parties in scams, address risks associated with vulnerable senior clients, and perform analysis on internal fraud incidents to improve control environments. Key responsibilities include designing governance frameworks, establishing risk tolerance thresholds, and overseeing remediation efforts. Required skills include experience in risk management, financial crimes, and investigations, alongside proficiency in data analytics, workflow automation, machine learning, and artificial intelligence to solve complex problems related to scam prevention and internal fraud mitigation.

What you'll do

  • Define and execute the strategic roadmap for Scams and Exploitation Risk and Internal Fraud programs.
  • Evaluate emerging risks, regulatory developments, and technology solutions to inform program direction.
  • Manage the technology book of work to enhance detection and prevention capabilities.
  • Drive the adoption of automation, analytics, artificial intelligence, and workflow tools.
  • Design and enhance governance frameworks including risk tolerance thresholds and escalation protocols.
  • Use data analytics and trend reporting to identify themes and prioritize resources.
  • Identify control gaps and oversee remediation efforts across first and second-line partners.
  • Report findings regarding vulnerable clients to various governmental authorities.

What we're looking for

  • 10+ years of experience in risk management, fraud, financial crimes, compliance, investigations, operational risk, controls, or a related discipline.
  • Demonstrated experience leading risk mitigation strategic initiatives.
  • Strong understanding of control design.
  • Proven ability to build relationships and influence stakeholders across multiple functions and levels of seniority.
  • Strong analytical, strategic thinking, and problem-solving capabilities.
  • Excellent written and verbal communication skills, including the ability to present to executive leadership.
  • Experience working with data analytics, workflow automation, AI, or technology-enabled risk solutions (preferred).

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