Assistant Vice President, Fraud Risk and Assurance, Wealth Custody and Clearing

State Street

. Maintain and continuously enhance the Wealth Custody and Clearing fraud risk framework, governance routines, risk taxonomy, control inventory and strategic roadmap .

Posted 10/9/2026full-timeUnited StatesLead💰 $90,000 - $157,500 per yearWebsite

Core Competencies

Role fit

Core Competencies

Use this summary to align your resume positioning with the role.

Demonstrates expertise in fraud risk management, including the development and enhancement of fraud prevention strategies, control design, and incident management within a regulated financial services environment. Proficient in collaborating across various teams to communicate risk themes and drive effective resolutions.

Highest-signal resume keywords

Fraud Risk ManagementFraud Risk AssessmentsControl Design and OversightFraud TypologiesRegulatory Awareness

ATS Keywords

Tailor your resume

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills

Fraud Prevention StrategiesIncident ManagementMonitoring and AnalyticsControl InventoryRisk TaxonomyFraud DetectionData VisualizationFraud Controls AssessmentFraud Awareness DevelopmentThird-Party Oversight

Soft Skills

Influential LeadershipDecision-MakingCritical ThinkingRelationship ManagementProactive Problem-Solving

Tools & Technologies

Microsoft ToolsArcherOpenPagesTableauSharePoint

Certifications & Qualifications

CFECAMSCFCS

Industry Keywords

Financial ServicesFraud RiskOperational RiskComplianceWealth ManagementCustodyClearingPaymentsRegulated EnvironmentFinancial Crimes

Tech Stack

Tools & technologies

Cyber SecurityTableau

About the role

Key responsibilities & impact

Maintain and continuously enhance the Wealth Custody and Clearing fraud risk framework, governance routines, risk taxonomy, control inventory and strategic roadmap
Lead or coordinate periodic and event-driven fraud risk assessments across products, services, client channels, processes, systems and third-party relationships
Identify material fraud themes, emerging exposures and control gaps
Develop and maintain fraud prevention and detection strategies
Partner with control owners to design, implement, document and enhance preventive and detective controls
Define and assess fraud controls for onboarding, identity verification, authentication, account maintenance, ownership changes, money movement, approvals, employee access and exception management
Establish and monitor fraud KRIs, KPIs, thresholds, dashboards and management information
Analyze fraud events, alerts, losses, prevented losses, control exceptions and client friction
Partner with Operations, Product, Technology, Data, Cybersecurity and service providers to enhance fraud rules, monitoring scenarios, decision logic, alert quality and reporting
Monitor emerging fraud risks including account takeover, identity theft, social engineering, impersonation scams, fraudulent money movement, insider activity, digital-channel threats and financial exploitation
Review new products, business changes, process changes and technology initiatives for fraud risks and controls
Coordinate responses to potential or confirmed fraud incidents and engage relevant stakeholders
Lead root-cause and lessons-learned reviews; track issue remediation through closure
Oversee fraud-related risks and controls arising from third-party relationships
Produce reporting for senior management and governance committees
Develop fraud awareness materials and provide guidance to personnel
Support broader Business Risk Advisor activities, including risk reviews, reporting, governance and risk/control assessments
Assist with non-fraud issue management, audit events, regulatory examinations and independent reviews
Partner with second and third lines of defense on enterprise risk programs

Requirements

What you’ll need

Bachelor's degree or equivalent, with significant relevant financial services, risk management or fraud risk experience
7+ years of relevant experience in fraud risk management, fraud strategy, operational risk, business risk management, fraud operations, financial crimes, compliance, audit or a related financial services discipline
Experience within a regulated financial services organization, preferably banking, broker-dealer, wealth management, custody, clearing or payments
Demonstrated experience with fraud risk assessments, control design and oversight, monitoring and analytics, incident and issue management, policies and procedures, third-party oversight and management reporting
Working knowledge of fraud typologies affecting client onboarding, authentication, account maintenance, money movement, digital channels, employee access and vulnerable clients
Demonstrated influential leadership, sound risk-based judgment, regulatory awareness and ability to build effective relationships and drive issues to resolution
Experience with Microsoft tools and risk, issue, reporting or data visualization platforms such as Archer, OpenPages, Tableau and SharePoint is preferred
Professional certification such as CFE, CAMS, CFCS or another relevant fraud, financial crimes, risk or compliance credential is preferred
Deep understanding of fraud risk management, fraud typologies, preventive and detective controls and the financial services control environment
Ability to communicate fraud and broader risk and control themes to senior management and governance forums
Ability to collaborate across Operations, Product, Technology, Data, Compliance, Legal, Global Security, Cybersecurity, Audit, client-facing teams and third-party providers
Strong decision-making, critical thinking and proactive problem-solving skills
Strong organizational awareness and relationship-management skills
Ability to make informed, risk-based decisions under time pressure
Good understanding of first, second and third lines of defense
Ability to manage complexity, prioritize responsibilities and work independently
Excellent verbal and written communication skills
Attention to detail, intellectual curiosity and continuous-improvement mindset
Initiative, accountability, ownership, sound judgment and appropriate escalation
Ability to handle sensitive or confidential information

Benefits

Comp & perks

Retirement savings plan (401K) with company match
Basic life insurance
Medical insurance
Dental insurance
Vision insurance
Long-term disability coverage
Optional additional insurance coverages
Paid vacation leave
Paid sick leave
Short-term disability
Family care leave/responsibilities support
Employee Assistance Program
Incentive compensation, including eligibility for annual performance-based awards
Certain tax-advantaged savings plans
Inclusive development opportunities
Flexible work-life support
Paid volunteer days
Employee networks