Lead Fraud Operations Governance Director

Morgan Stanley • New York, NY

7d • $90,000 - $160,000

About The Position

In the Technology division, we leverage innovation to build the connections and capabilities that power our Firm, enabling our clients and colleagues to redefine markets and shape the future of our communities. This is a Lead Technical Program Management position at the Director level, which is part of the job family responsible for overseeing and leading the execution of multiple projects and/or programs, working closely with cross-functional teams to ensure alignment with business objectives. Includes program management and related project support roles. Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals. Interested in joining a team that’s eager to create, innovate and make an impact on the world? Read on. Position Overview The Director of Morgan Stanley Fraud Operations Governance is responsible for overseeing the strategic direction, governance, and quality control frameworks of the organization's fraud operations. This role will ensure that fraud prevention and detection activities are effectively documented, compliant with regulatory standards, aware of near-future regulatory changes, and executed to the highest quality. The Director will collaborate cross-functionally to design, implement, and continuously improve the operational framework that safeguards the company against financial crime and fraud risks.

Requirements

• Bachelor's or Master's degree in Business, Finance, Criminal Justice, or a related field.
• 3+ years of experience in fraud operations, risk management, or compliance.
• Demonstrated expertise in governance, documentation, and quality control within financial services or a related industry.
• In-depth knowledge of relevant regulations (e.g. AML, KYC, OFAC) and industry standards.
• Exceptional communication, stakeholder management, and analytical skills.
• Proven ability to design and implement operational frameworks and process improvements.

Nice To Haves

• Professional certifications such as CFE (Certified Fraud Examiner) or CAMS (Certified Anti-Money Laundering Specialist) are preferred.

Responsibilities

• Governance Leadership: Develop and maintain Fraud Operations governance policies, procedures, and controls to ensure compliance with regulatory requirements and industry best practices.
• Documentation Management: Oversee the creation, maintenance, and periodic review of all fraud operations documentation, including process maps, standard operating procedures, and audit trails.
• Quality Control Framework Design: Establish and refine quality control frameworks to monitor and assess the effectiveness of fraud operations, identifying areas for improvement and ensuring consistent execution.
• Risk Assessment: Lead risk assessments, gap analysis, and root cause investigations related to fraud operations, recommending and implementing remediation strategies.
• Stakeholder Engagement: Serve as the key point of contact for internal and external stakeholders on fraud governance matters, providing subject matter expertise and guidance.
• Training & Awareness: Design and deliver training programs to promote awareness and adherence to governance and quality standards within the Fraud Operations team.
• Reporting & Metrics: Develop and present regular reports, dashboards, and metrics to executive leadership, highlighting operational effectiveness and compliance status.
• Continuous Improvement: Champion continuous improvement initiatives to enhance fraud detection, prevention, and response capabilities.

What This Job Offers

• Job Type: Full-time
• Career Level: Director