Fraud Officer, Vice President – Wealth Custody and Clearing

State Street

. Own the end-to-end design, implementation, execution and continuous enhancement of the Wealth Custody and Clearing fraud risk management program .

Posted 11/9/2026full-timeUnited StatesLead💰 $100,000 - $171,250 per yearWebsite

Core Competencies

Role fit

Core Competencies

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

Demonstrates extensive expertise in fraud risk management, including the design and implementation of fraud frameworks, controls, and analytics. Proven ability to lead cross-functional teams and engage with senior management and regulatory bodies in a highly regulated financial services environment.

Highest-signal resume keywords

Fraud Risk ManagementFraud Strategy DevelopmentFraud Control DesignRegulatory ComplianceFraud Analytics

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 Framework DesignRisk AssessmentIncident ResponseControl ImplementationData Analysis

Soft Skills

LeadershipStakeholder EngagementCommunicationProblem-SolvingIntegrity

Tools & Technologies

ArcherOpenPagesTableauSharePoint

Industry Keywords

Financial Crimes ComplianceWealth ManagementCustodyClearingPayments

Tech Stack

Tools & technologies

Tableau

About the role

Key responsibilities & impact

Own the end-to-end design, implementation, execution and continuous enhancement of the Wealth Custody and Clearing fraud risk management program
Set fraud program strategy and prioritized roadmap aligned with policy, risk appetite, legal and regulatory requirements, and business objectives
Establish fraud governance, decision rights, escalation thresholds, roles, responsibilities, reporting routines and accountability
Direct periodic and event-driven fraud risk assessments across products, services, client types, digital channels, processes, systems and third-party relationships
Define preventive and detective fraud control requirements across onboarding, identity verification, authentication, account servicing, money movement, transfers, employee access and other high-risk activities
Drive control implementation, testing, effectiveness assessments and remediation of control gaps
Establish fraud detection and analytics strategy, including data requirements, typologies, scenarios, rules, thresholds, alert quality standards and management information
Own key risk indicators, key performance indicators and thresholds covering fraud incidents, losses, false positives, client friction, investigations, control performance and remediation
Lead coordination for potential or confirmed fraud events, including escalation, containment, evidence preservation, stakeholder engagement and management communication
Direct root-cause and lessons-learned reviews and drive sustainable issue closure
Set fraud oversight expectations for Apex and other material service providers, technology vendors, RIAs and correspondent relationships
Perform fraud risk review and challenge for new products, client propositions, process changes, technology releases and market expansion
Sponsor protections against account takeover, identity theft, impersonation, social engineering, scams, unauthorized transfers, insider activity and financial exploitation
Coordinate regulatory, audit and independent-review readiness
Provide reporting and recommendations to Compliance leadership, business leadership and governance committees
Serve as primary Wealth Custody and Clearing contact to the Fraud Program Office and senior fraud risk advisor to business and control partners
Establish fraud awareness, procedures and training
Define program capabilities, staffing, technology and external support; lead resources and workstreams and manage delivery dependencies

Requirements

What you’ll need

Bachelor's degree or equivalent relevant experience; advanced degree preferred
10+ years of relevant experience in fraud risk management, fraud strategy, fraud operations, financial crimes compliance, operational risk, business risk management, investigations, audit or a related discipline
Meaningful experience leading programs or major workstreams
Experience in banking, broker-dealer, wealth management, custody, clearing, payments, fintech or another highly regulated financial services environment
Demonstrated success designing and implementing fraud frameworks, controls, analytics, governance, reporting and remediation in a complex organization
Working knowledge of fraud risks affecting onboarding, authentication, account servicing, money movement, digital channels, employee access, third parties and vulnerable clients
Experience overseeing material third parties and defining control, data, incident, service level and escalation requirements
Experience engaging senior management, regulators, auditors and governance committees on fraud risk matters
Experience with risk, issue, reporting, case-management or data visualization platforms such as Archer, OpenPages, Tableau and SharePoint is preferred
Deep expertise in fraud typologies, fraud prevention and detection, risk assessment, control design, analytics, incident response, issue management and third-party oversight
Strong understanding of first, second and third-line responsibilities
High integrity, discretion and ability to manage sensitive incidents, confidential information and competing priorities

Benefits

Comp & perks

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