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

State Street Wealth Services
- Wealth Custody and Clearing is seeking a skilled and proven Business Risk Advisor, Assistant Vice President, specializing in Fraud Risk, Strategy and Controls. The successful candidate will serve as the primary Wealth Custody and Clearing fraud risk subject matter expert and support leadership in the identification, assessment, mitigation, monitoring and reporting of fraud risk across the business. The role is expected to be approximately 80% focused on fraud risk management and approximately 20% focused on broader Business Risk Advisor responsibilities.

Fraud and risk management experience, especially within a G-SIFI, bank, broker-dealer, wealth management, custody, clearing, payments or other regulated financial services organization, will contribute to a candidate's success in this position. Candidates will demonstrate strong knowledge of fraud typologies, risk and control frameworks, preventive and detective controls, and current industry practices for strengthening fraud risk management programs.

State Street Wealth Services
- Wealth Custody and Clearing is seeking a skilled and proven Business Risk Advisor, Assistant Vice President, specializing in Fraud Risk, Strategy and Controls. The successful candidate will serve as the primary Wealth Custody and Clearing fraud risk subject matter expert and support leadership in the identification, assessment, mitigation, monitoring and reporting of fraud risk across the business. The role is expected to be approximately 80% focused on fraud risk management and approximately 20% focused on broader Business Risk Advisor responsibilities.

Fraud and risk management experience, especially within a G-SIFI, bank, broker-dealer, wealth management, custody, clearing, payments or other regulated financial services organization, will contribute to a candidate's success in this position. Candidates will demonstrate strong knowledge of fraud typologies, risk and control frameworks, preventive and detective controls, and current industry practices for strengthening fraud risk management programs.

Effective fraud risk management is critical to protecting client assets and information, supporting regulatory and policy requirements, and maintaining a controlled and client-focused operating model. As a member of the Business Risk Management (BRM) team, you will help lead the execution and continuous enhancement of the Wealth Custody and Clearing fraud risk management framework while also supporting broader business risk activities in furtherance of the firm's risk excellence goals.

• Fraud risk framework and governance:
  Maintain and continuously enhance the Wealth Custody and Clearing fraud risk framework, governance routines, risk taxonomy, control inventory and strategic roadmap in alignment with enterprise policy and business objectives.
• Fraud risk assessments:
  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 requiring management attention.
• Fraud strategy and controls:
  Develop and maintain fraud prevention and detection strategies aligned with the Wealth Custody and Clearing business model, risk appetite, products and client population. Partner with control owners to design, implement, document and enhance sustainable preventive and detective controls.
• Control scope:
  Define and assess fraud control requirements related to client onboarding, identity verification, authentication, account maintenance, beneficiary and ownership changes, money…