Baltimore, Maryland, United States of America
Posted a month ago
Vice President

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 from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Technology works as a strategic partner with Morgan Stanley business units and the world's leading technology companies to redefine how we do business in ever more global, complex, and dynamic financial markets. Morgan Stanley's sizeable investment in technology results in quantitative trading systems, cutting-edge modeling and simulation software, comprehensive risk and security systems, and robust client-relationship capabilities, plus the worldwide infrastructure that forms the backbone of these systems and tools. Our insights, our applications and infrastructure give a competitive edge to clients' businesses—and to our own.

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 Operations Team, as the firm’s 1st line of defense, is tasked with implementing the firm fraud strategy, continuously enhancing fraud controls with the existing and acquired businesses, monitoring client account activities, investigating fraud incidents, managing targeted fraud attack events, mitigating potential fraud losses, performing root cause analysis and lessons learned, and educating employee and clients to raise fraud awareness.

The Fraud Alerts Team is the Firm’s first line of defense for monitoring suspicious transactions as part of the Fraud Operations Department. The team is responsible for the timely identification, and immediate investigation of activity that of transfers that do not meet Firm requirements for real time reflection within Firm systems. The team serves as the Firm's subject matter experts for all payment activities and provides training and awareness to the payment community globally.

Primary Responsibilities

We are seeking a results-oriented Vice President, who will work with the Executive Director of Global Fraud Alerts to lead the NA region to support our Wealth Management client base. The successful candidate will lead multiple fraud alerts teams, execute on strategic and integration initiatives, support associate engagement, drive efficiency and ensure appropriate fraud alerts coverage.
Additional responsibilities include:

  • Leadership of front-line production managers
  • Drive the improvement of day-to-day operational processes to reduce fraud alert response times and enhance the client experience
  • Build a culture of accountability and autonomy by empowering associates to identify issues, dependencies, and to make decisions
  • Collaborate with strategic partners to enhance/design the technology necessary to automate and streamline processes
  • Partner with analytics teams to design on-demand reporting and dashboards
  • Oversee control enhancements/process changes required as a result of flash fraud events
  • Coordinate efforts during targeted fraud attack events within NA Alerting Operations
  • Design and execute on mitigation activities in response to KPI misses
  • Identify, track and react to client experience issues with solutions
  • Manage the highest-level escalations
  • Establish and ensure compliance with internal policies and procedures
  • Develop associates and future leaders
  • Manage employee issues with sensitivity, empathy, and fairness
Mission
We're a community of women leveraging our connections into top companies to help underrepresented women get the roles they've always deserved. Simultaneously, we work to build truly inclusive hiring processes and environments where women can thrive and not just survive.
Are you hiring? Join our platform for diversifiying your team
Fraud Operations Manager - Vice President