Morgan Stanley

Operations HK, Fraud Operations, Director

Morgan Stanley
Full Time
West Kowloon
Non-specified
Junior (less than 3 years)
Non-specified
English

Job Description

Operations HK, Fraud Operations, Director

Location: Non-Japan Asia-Hong Kong-Hong Kong-Hong Kong

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.
Firmwide Operations includes Fraud Operations, Shared Services and Banking Operations (SSBO), Operations Risk and Control, Global Project Group and Metrics, Branch Operations, and Divisional Management. Fraud Operations is a global organization responsible for assessing, mitigating, and preventing fraudulent activities across multiple product lines and services in order to protect the firm and its clients.
 
In an effort to protect our clients' assets, provide a safe and secure banking environment, and to minimize financial losses to the Firm from systematic security risk, the Fraud Operations Team is tasked with monitoring and analyzing client activities in order to detect and curtail fraud. The Fraud Operations Team's primary responsibilities are the identification, mitigation, and incident management of potential fraudulent banking transactions detected by a suite of detection tools, and the expeditious investigation and resolution of client initiated fraud claims. The Fraud Operations team is seeking an Director to support the regional Asia Fraud Ops team in Hong Kong.

Primary Responsibilities:
 - Review and analyze monetary and non-monetary transactions to determine if fraud or misrepresentation exist
 - Action incidents alerted by a suite of detection tools and take all necessary steps to mitigate fraud and information security risk
 - Coordinates and assists on proposed decisions and action to be taken as a result of any fraud investigation
 - Prepare and document review findings in a concise, understandable manner for written communication to the appropriate parties
 - Input and maintain findings in departmental database for data mining and identification of trends and patterns
 - Complete Suspicious Activity Report (SAR) accurately and timely to file with Financial Crimes Enforcement Network (FinCEN) in accordance with banking regulation and internal policy and procedures
 - Provide support to the disbursement team and the wider Incident Management team as required
 - Adheres to departmental and corporate policies to ensure guidelines are followed and executed in accordance with management's expectations
 - Support the Regional Asia Head of Fraud with new fraud assessment initiatives and controls

Qualifications


Skills Required:
 - Superior analytical, critical thinking and decision-making skills.
 - Excellent written and verbal communication skills
 - Detail oriented with the ability and desire to work in a team environments
 
Skills Desired:
 - Experience in financial crime detection or prevention
 - Understanding of financial services industry products and processes
 - Understanding of fraud and security issues within the banking and finance industry
 - The candidate must also be proficient working with Excel, Access, Business Objects and PowerPoint

Technical Skills

  • Data Mining
  • Disaster Recovery Planning
  • Investment Management
  • Microsoft Access
  • Microsoft Excel
  • Microsoft Powerpoint
  • Operational Risk
  • SAP BusinessObjects
  • Wealth Management