Digital Assets & Crypto Fraud Risk | Program Manager | Executive Director
$160k - $250kMorgan Stanley
Digital Assets & Crypto Fraud Risk | Program Manager | Executive Director
Role Overview: The Executive Director, Digital Assets & Crypto Fraud Risk Program Management is a senior leadership role within Morgan Stanley's Global Fraud organization, responsible for defining, governing, and overseeing the firmwide fraud risk framework for digital assets, including cryptocurrencies, tokenized assets, blockchain based payment rails, wallets, and related third party ecosystems. This role serves as the enterprise fraud risk owner for digital assets, with accountability for strategy, governance, risk assessment, control design, and program management across all Morgan Stanley business units and legal entities engaging in or enabling digital asset activity. The role partners closely with senior leaders across Wealth Management, Investment Management, Institutional Securities Group, Risk, Technology, Cybersecurity, Operations, Legal, Compliance, and Global Financial Crime, ensuring fraud risk is proactively identified, mitigated, and governed throughout the digital asset product lifecycle. Key Responsibilities- Define and maintain the enterprise fraud risk strategy for digital assets, aligned with Morgan Stanley's overall fraud risk framework and risk appetite.
- Identify and assess emerging fraud typologies related to crypto and blockchain activity, including account takeover, wallet compromise, social engineering, smart contract exploitation, mule activity, insider misuse, and limited recovery risk scenarios.
- Translate fraud risk insights into firmwide standards, control expectations, and strategic priorities across all businesses.
- Lead fraud risk assessments for new and existing digital asset products, platforms, and capabilities, including custody, trading, transfers, tokenization, and third party integrations.
- Define and oversee preventive and detective fraud controls, including authentication, transaction monitoring, limits, interdiction mechanisms, and post event remediation.
- Ensure fraud risk is embedded in new product approval, vendor onboarding, and technology change management processes.
- Establish ongoing fraud risk monitoring, metrics, and loss analysis for digital asset activity.
- Drive continuous improvement through lessons learned, incident reviews, and control enhancements.
- Provide senior management and committee reporting on digital asset fraud risk posture, incidents, control effectiveness, and emerging threats.
- Partner with Technology and Cybersecurity to ensure fraud controls are scalable, resilient, and aligned with threat evolution.
- Coordinate with Legal, Compliance, and Financial Crimes teams to ensure regulatory expectations and enforcement trends are incorporated into fraud risk decisions.
- Act as a trusted senior advisor to business heads and control partners on digital asset fraud risk, control trade offs, and client protection considerations.
- Mentor and develop senior fraud leaders and subject matter experts in digital asset risk. Qualifications & Experience:
- 10+ years of experience in fraud risk management, program management, financial crime, operational risk, cybersecurity risk, or related control functions within a global financial institution.
- Demonstrated leadership in enterprise level risk governance and complex, cross business environments.
- Deep understanding of fraud risk concepts, control design, and first line / second line accountability models.
- Proven ability to engage credibly with senior executives, regulators, auditors, and control partners.
- Experience leading risk oversight for digital platforms, emerging technologies, or novel financial products.
- Clear communicator capable of translating technical risk into executive level insights.
- Direct experience with digital assets, crypto markets, blockchain based products, or tokenized financial instruments.
- Familiarity with third party risk, vendor ecosystems, and technology enabled fraud typologies.
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 $160,000.00 and $250,000.00 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:
Vacancy posted 4 days ago
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