Fraud Risk Director - NFR - Director

About this role

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. Position Description Morgan Stanley is seeking a dynamic and high performing Director to play a critical role within the Operational Risk Department to support the Firm in oversight and challenge of risk associated with External Theft and Fraud

This role sits within the Second Line of Defense (2LoD) and focuses on independent risk governance, framework execution, and effective challenge of First Line of Defense (1LoD) programs. The successful candidate will be responsible for helping to execute independent oversight, analysis, and monitoring risks and controls around the Firm's External Theft and Fraud Program. This includes execution of the Operational Risk Department (ORD) framework and related non financial risk programs (e.g., NFRAC, Issues & Remediation, REcap, Scenario Analysis, risk metrics)

In addition to risk-based oversight and challenge, the individual will play a role in supporting the mitigation of risk. The role emphasizes governance, transparency, and sustainability of the External Fraud Risk framework rather than day to day incident handling. There is a need to drive evolution and transparency of the underlying control framework, support adoption of industry leading practices and technologies, and introduce new controls and processes to bolster the existing Theft and Fraud framework

Operational Risk refers to the risk of financial or other loss, or potential damage to a firm's reputation, resulting from inadequate or failed internal processes, people, systems, or from external events (e.g., fraud, legal and compliance risks, or damage to physical assets). Management works with the business units and control groups to help ensure Morgan Stanley has

Apply for this role on Morgan Stanley’s official careers site.