We’re seeking someone to join our team as a Fraud Prevention Associate at an Associate level. The successful candidate will be responsible for evaluating fraud events and clearly outlining the scenario, control suite and potential control deficiencies.

The Cyber, Data, Risk and Resilience (CDRR) division provides first-line defenses for information and cyber security, fraud, resilience, response and recovery, and technology risk and controls. The organization also includes Morgan Stanley's Firmwide Data Office, International Technology offices, and the Non-Financial Risk Technology organization.
The Fraud Department is a global organization responsible for assessing, mitigating, and preventing fraudulent activities across multiple product lines and services to protect the firm and its clients. Fraud resides within the Cyber Data Risk & Resilience (CDRR) division.
In an effort to protect client assets, provide a safe and secure banking environment, and minimize financial loss to the Firm from systematic security risk, the Fraud team is tasked with monitoring client account activities, investigating fraud incidents, mitigating potential fraud losses, performing root cause analysis and lesson's learned, and educating employee and clients to raise fraud awareness.

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 Fraud Prevention Associate position at Associate level within Risk, Regulatory & Resilience, which performs various independent functions to ensure adequate controls are in place. We do this by providing an integrated risk and control framework to govern, assess, mitigate and manage financial and operational risk in Operations

Since 1935, Morgan Stanley is known as a global leader in financial services, continuously evolving and innovating to better serve our clients and our communities in more than 40 countries around the world

What you will do

• Responsible for evaluating fraud events and clearly outlining the scenario, control suite and potential control deficiencies.

• Analyze fraud events to identify potential control gaps

• Draft remediation plans to mitigate fraud risk

• Track the status of mitigation activities

• Perform research to understand patterns of attack

• Document existing fraud attack methodologies and stay abreast of emerging trends

• Perform business analysis to aid in the development of tactical and strategic controls

• Interpret data to draw conclusions for strategic decision making

What you will bring

• Bachelor’s degree required

• 3-5 years relevant experience in banking or financial services industry

• Proficiency with productivity, data analysis, and collaboration tools (Excel, PowerPoint, Tableu)

• Exceptional research, critical thinking, and problem-solving skills

• Strong verbal and written communication skills

• Ability to work in a high stress and fast paced environment; often in time-critical scenarios

• Ability to prioritize and manage multiple workstreams effectively

Preferred Qualifications

• Intermediate understanding of Check, ACH, Wire, Zelle payment channels

• Intermediate understanding of fraud and/or risk mitigation controls

• Intermediate understanding of pulling/manipulating large data sets using SQL/Python for analysis

• Intermediate understanding of account opening controls (digital and/or branch)

• Experience working with technology teams to implement control changes

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.

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.

Salary range for the position 65,000 and 135,000 year. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and X Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings

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.