We’re seeking someone to join our team as Digital Asset Cyber and Fraud Risk Specialist.

The WM Application Security Team seeks a Vice President based in Budapest to support digital asset risk management across cyber and fraud domains. You will help assess and enhance the control environment for enterprise digital asset custody technologies, including wallet architecture, key protection, secure signing mechanisms, and transaction policy controls designed to prevent unauthorized or unwanted transactions. The successful candidate will bring knowledge of enterprise custody operating models and working familiarity with Fireblocks, including high-level workspace configuration, policy design, approval workflows, and supporting control considerations.

In addition to serving as a digital asset cyber risk officer, you will partner closely with fraud, product, operations, technology, and business stakeholders to identify and assess blockchain- and crypto-specific fraud scenarios across custody, transfer, and tokenized asset use cases. You should be comfortable reviewing technology architecture diagrams and process flows, understanding the fraud and cyber implications of tokenized assets, and translating technical concepts into clear risk guidance while balancing risk remediation against business targets.

Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

What you'll do in the role:

• Supporting the risk assessment and control review of enterprise digital asset custody capabilities, including Fireblocks, wallet architecture, account structures, governance, and operating processes

• Serving as a subject matter expert on key protection and secure signing mechanisms, including MPC- and HSM-based models, key generation and storage, rotation and recovery practices, and privileged access controls

• Evaluating transaction policy controls designed to prevent unauthorized or unwanted transactions, including approval workflows, allowlisting, velocity or value thresholds, segregation of duties, and exception handling

• Partnering with cyber, fraud, product, operations, and engineering stakeholders to identify blockchain- and crypto-specific fraud typologies and define preventive and detective controls

• Reviewing technology architecture diagrams, data flows, and integration patterns to identify cyber, fraud, and control design risks across digital asset platforms and supporting services

• Assessing the risk implications of tokenized asset products and processes, including issuance, custody, transfer, redemption, settlement, and on-chain or off-chain dependencies

• Supporting new product, platform change, and third-party risk reviews for digital asset and tokenization, ensuring alignment to the WM business risk appetite

• Defining and tracking metrics related to control coverage, policy exceptions, incidents, fraud trends, remediation progress, and residual risk

• Communicating with Morgan Stanley’s central cybersecurity, fraud, and risk organizations to interpret requirements and apply them effectively within the WM environment

• Providing mentorship and subject matter knowledge to junior team members and clearly communicating risks, recommendations, and decisions to technology, business, and risk stakeholders

What you'll bring to the role:

• 7-10 years of relevant experience in cybersecurity, fraud risk, operational risk, technology risk, or digital asset risk management

• Experience with enterprise digital asset custody or wallet technologies and working familiarity with Fireblocks and associated governance/control concepts

• Knowledge of key protection and secure signing mechanisms, including MPC, HSMs, key lifecycle management, approval workflows, and transaction signing controls

• Understanding of transaction policy frameworks used to prevent unauthorized or unwanted digital asset movements, including allowlists, thresholds, dual controls, and exception management

• Knowledge of blockchain- and crypto-specific fraud considerations, including account takeover, beneficiary or address manipulation, social engineering, scam exposure, and blockchain transaction finality

• Ability to interpret technology architecture diagrams, application flows, and system interfaces and identify the implications for cyber and fraud risk

• General knowledge of the tokenization ecosystem and risks associated with tokenized assets, smart contracts, issuers, service providers, and on-chain or off-chain operating models

• Solid foundation in cybersecurity principles, including architecture risk identification, vulnerability management, secure SDLC concepts, and control design assessment

• Ability to partner with stakeholders and drive multi-layered initiatives to completion in a large matrixed organization

• Considerable written and verbal communication skills

• Considerable critical thinking and problem-solving skills, with ability to ensure multiple workstreams and attention to detail

Preferred Qualifications:

• Experience supporting digital asset, tokenization, or blockchain-related programs within a financial services environment

• Experience working with fraud strategy, investigations, transaction monitoring, or controls for payment or digital asset transaction flows

• Familiarity with blockchain analytics, wallet screening, sanctions controls, or other tools used to monitor digital asset activity in complex enterprise environments

• Experience with scripting, automation, or data analysis tools such as Python, SQL, or similar technologies

# #BPDBA

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 https://www.morganstanley.com/about-us/global-offices into your browser.

Certified Persons Regulatory Requirements:

If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

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: https://www.morganstanley.com/people-opportunities/eeo.