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

State Street

. Serve as the primary Wealth Custody and Clearing fraud risk subject matter expert .

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

Core Competencies

Role fit

Core Competencies

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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 analyzing fraud risks and implementing effective monitoring and reporting mechanisms.

Highest-signal resume keywords

Fraud Risk ManagementFraud Risk AssessmentsControl Design and OversightRegulatory AwarenessFraud Prevention Strategies

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Fraud Risk FrameworkFraud Control RequirementsFraud AnalyticsPreventive and Detective ControlsFraud TypologiesIncident ManagementRisk TaxonomyKRI and KPI MonitoringManagement ReportingThird-Party Oversight

Soft Skills

Influential LeadershipSound Risk-Based JudgmentRelationship BuildingCommunication Skills

Tools & Technologies

Microsoft ToolsArcherOpenPagesTableauSharePoint

Certifications & Qualifications

CFECAMSCFCS

Industry Keywords

Financial ServicesFraud RiskOperational RiskComplianceWealth ManagementCustodyClearingPayments

Tech Stack

Tools & technologies

Cyber SecurityTableau

About the role

Key responsibilities & impact

Serve as the primary Wealth Custody and Clearing fraud risk subject matter expert
Identify, assess, mitigate, monitor and report fraud risk across the business
Maintain and continuously enhance the fraud risk framework, governance routines, risk taxonomy, control inventory and strategic roadmap
Lead or coordinate periodic and event-driven fraud risk assessments
Develop and maintain fraud prevention and detection strategies
Design, implement, document and enhance preventive and detective controls
Define and assess fraud control requirements across onboarding, identity verification, authentication, account maintenance, money movement, employee access and other high-risk activities
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 and detection capabilities
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
Lead root-cause and lessons-learned reviews and monitor remediation through closure
Oversee fraud-related risks and controls arising from third-party relationships
Produce management reporting and develop fraud awareness materials
Support broader Business Risk Advisor activities, risk reviews, reporting, governance and enterprise risk programs
Assist with audits, regulatory examinations and independent reviews

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
Excellent verbal and written communication skills
Ability to handle sensitive or confidential information

Benefits

Comp & perks

Retirement savings plan (401K) with company match
Insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
Paid time off including vacation, sick leave, short term disability, and family care responsibilities
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