Security Ops; Operations; Tech Level - 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. The incumbent defines, governs, and oversees the firmwide fraud risk framework for digital assets, including cryptocurrencies, tokenized assets, blockchain‑based payment rails, wallets, and related third‑party ecosystems. The role serves as the enterprise fraud risk owner for digital assets, providing strategy, governance, risk assessment, control design, and program management across all Morgan Stanley business units and legal entities that engage in or enable digital asset activity.

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 to incorporate regulatory expectations and enforcement trends 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.

Preferred

• 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.

Compensation

Expected base pay rates for the role will be between $ and $ per year at the commencement of employment. Base pay will be determined on an individualized basis and is only part of the total compensation package, which may include commission earnings, incentive compensation, discretionary bonuses, other short‑ and long‑term incentive packages, and other Morgan Stanley‑sponsored benefit programs.

Equal Employment Opportunity

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.