# Fraud Risk and Assurance, Assistant Vice President (Wealth Custody and Clearing) at State Street

State Street is hiring a Fraud Risk and Assurance, Assistant Vice President (Wealth Custody and Clearing) in Dallas, United States. It pays $90k-$158k a year and Level rates it Little AI ●○○○; you can [apply on Level](https://jobsbylevel.com/go/96232458-bbfd-4d9a-9f3d-a5aebb85bfb0).

AI Level 1, AI centrality 38 out of 100. Dallas.

## Details

- Company: [State Street](https://jobsbylevel.com/companies/state-street)
- AI level: AI Level 1 (score 38 out of 100)
- Location: Dallas
- Salary: $90k-$158k
- Posted: October 9, 2026
- Apply: https://jobsbylevel.com/go/96232458-bbfd-4d9a-9f3d-a5aebb85bfb0

## Description

Who we are looking for 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. Why this role is important to us 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. What you will be responsible for · 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 movement, transaction approvals, employee access, exception management and other high-risk activities. · Monitoring and analytics: Establish and monitor fraud key risk indicators, key performance indicators, thresholds, dashboards and management information. Analyze fraud events, alerts, losses, prevented losses, control exceptions and client friction to identify trends and control enhancement opportunities. · Rules and detection capabilities: Partner with Operations, Product, Technology, Data, Cybersecurity and service providers to enhance fraud rules, monitoring scenarios, decision logic, alert quality and reporting, and to assess whether controls appropriately cover new products, channels and emerging fraud patterns. · Emerging fraud risks: Monitor and assess threats including account takeover, identity theft, social engineering, impersonation scams, fraudulent money movement, insider activity, digital-channel threats, financial exploitation and other relevant internal and external fraud typologies. · Change and new business: Review new products, material business changes, process changes and technology initiatives to ensure fraud risks, dependencies and required controls are identified and addressed early in the change lifecycle. · Incidents and investigations coordination:

The description is cut here. Read the full offer: https://jobsbylevel.com/jobs/fraud-risk-and-assurance-assistant-vice-president-wealth-custody-and-clearing-at-state-street-40a81a

Source: https://jobsbylevel.com/jobs/fraud-risk-and-assurance-assistant-vice-president-wealth-custody-and-clearing-at-state-street-40a81a

## Cite this page

Level. https://jobsbylevel.com/jobs/fraud-risk-and-assurance-assistant-vice-president-wealth-custody-and-clearing-at-state-street-40a81a.

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