Fraud Prevention Associate : Job Level - Associate

Responsibilities

• 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

Requirements

• 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
• 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
• 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 cli

Additional Information

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

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