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Fraud Rules Data Science and Testing Specialist - Vice President

$115k - $190k

Morgan Stanley

Job DescriptionThe Wealth Management (WM) Chief Data Office (CDO) sits within the WM Risk organization and strives to find the right balance between risk management and business enablement. WM CDO’s mission is to: prevent unauthorized access to or misuse of client sensitive data and assets; abide by relevant privacy laws and regulations; effectively retain, retrieve, and protect information and records at the Firm; and mitigate risks caused by inaccurate, untimely, or incomplete WM data. The External Fraud Risk Team within WM CDO works to define appropriate fraud risk thresholds for WM and govern controls that keep net external fraud losses within tolerance while achieving business objectives.Role Description:The External Fraud Risk Team seeks a Vice President to support the inventory, review, and continuous monitoring of WM’s fraud rules. This individual will serve as a senior subject matter expert on fraud rules, use performance data to continually optimize rules to balance fraud risk with client friction, and build an automated, data-driven rule inventory that tracks rule efficacy, coverage, effectiveness, and client friction. Additionally, they will be the product owner of a new technology platform that continually tests fraud rules for implementation issues. They will ensure this new platform and WM External Fraud Risk’s test cases stay ahead of the ever-evolving fraud landscape and support the launch of new crypto, digital asset, and banking and lending products.Key Responsibilities:Designing and building an automated rule inventory that allows WM External Fraud Risk to quickly and accurately answer questions about fraud rulesIdentifying data sources and building analytical models to evaluate the trade-offs between fraud rule/control effectiveness and client frictionPerforming gap analyses of fraud rules and ensuring rule enhancements and optimizations continue to align with WM’s initiatives to roll out new products and servicesServing as the primary business owner of WM External Fraud Risk’s fraud rules testing platform, accountable for business requirements, platform governance, and ongoing enhancements to support effective fraud rule testingProject managing the implementation of WM External Fraud Risk’s fraud rules testing platform, ensuring the initial product and continued enhancements are delivered on time and within budgetDesigning and executing a process for fraud rules continuous monitoring; use WM External Fraud Risk’s fraud rules testing platform as the vehicle to identify, confirm, and remediate fraud rule gapsBuilding and tuning test cases and synthetic datasets as the fraud landscape and client behaviors evolve to ensure rules are continuing to function as intendedImplementing metrics that allow senior management to track the performance of WM External Fraud Risk’s fraud rules testing platform as well as fraud rule performance, efficacy, and client frictionQualifications:5-10 years of relevant experienceExpertise in fraud rule implementations that balance fraud risk with business enablement and client frictionExtensive background in statistics and/or data scienceProven track record of understanding and organizing large amounts of data to calculate performance statistics; ability to interpret results and document conclusions for both technical and non-technical audiencesAbility to design business-facing metrics that drive control enhancement proposals to senior managementExperience performing gap analyses of fraud rules and documenting results backed by data that hold up to scrutinyProven track record of architecting technology platforms that require complex system and data integrationsStrong understanding of SDLC with extensive experience in designing and performing software QA testingAbility to build analytics and automations using tools like Generative AI, Python, SQL, and DataikuProject management experience in a highly matrixed organization with multiple stakeholdersExceptional critical thinking, problem-solving, and research skills  Comfort challenging and escalating risks and decisions  Excellent written and verbal communication skills, with the ability to communicate at all levels within the organization  Ability to independently manage and execute on multiple, simultaneous workstreams and exhibit strong attention to detail  Preferred Qualifications:Degree (or equivalent experience) in Computer Science/Software EngineeringSolid understanding of cybersecurity, network security principles, and authentication controlsHands-on experience with software/code auditing or penetration testingExperience with incident response and root cause analysisKnowledge of the financial services industry; preferably in wealth management, risk management, or technology Experience with content and project management tools, including SharePoint, Jive, and Jira 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 into your browser.Expected base pay rates for the role will be between $115,000 and $190,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.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: .Employment Type:Full timeJob Level:Vice PresidentPosted Date:Jul 16, 2026ATS Job Description Test:Department:Risk / Policy Mgmt

Vacancy posted a month ago
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