Manager, Wealth Management Fraud Prevention

The role partners with Global Fraud, Operations, Compliance, Risk Management, Technology, Audit, Legal, and WM business leaders to strengthen the fraud control environment, implement fraud prevention capabilities, and protect clients and the organization from fraud-related risks.

The manager will lead a team of fraud specialists, setting priorities and driving execution across WM.

Major Duties

Program Leadership and Strategy

Lead the WM Fraud Prevention Program, including strategic priorities, roadmap development, and alignment with enterprise fraud-risk objectives

Strengthen fraud risk management capabilities, controls, governance routines, reporting, and partner awareness across WM

Serve as the primary WM Control representative for fraud-related initiatives, working groups, and emerging risk discussions

People Leadership

Manage, develop, and coach fraud prevention team and supporting control professionals

Set team priorities, performance goals, development plans, and resource allocation across program needs

Promote accountability, collaboration, succession planning, and continuous improvement

Fraud Risk Management

Oversee fraud risk assessments for products, services, processes, client interactions, and technology initiatives

Ensure fraud risk considerations are incorporated into business changes, new-product reviews, technology enhancements, and strategic initiatives

Provide challenge and guidance on fraud-control design, effectiveness, escalation, and remediation of material risks or gaps

Fraud Prevention and Control Oversight

Lead initiatives to prevent, detect, and mitigate fraud across WM

Partner with Global Fraud, Technology, Operations, and business teams to implement and enhance fraud-control capabilities

Evaluate control effectiveness and support improvements in monitoring, authentication, analytics, and client-protection capabilities

Governance, Metrics, and Reporting

Establish and maintain fraud-related KRIs, metrics, dashboards, and reporting routines

Analyze internal losses, fraud events, emerging threats, and industry trends to assess risk exposure and program effectiveness

Deliver executive reporting and governance materials for senior leadership and committees

Training and Awareness

Oversee fraud-prevention training, awareness, and communications for WM partners and clients

Promote timely awareness of emerging threats, industry trends, and fraud prevention responsibilities

Partner with business leadership to reinforce a strong fraud-risk culture across WM

Issue Management and Regulatory Engagement

Oversee remediation of fraud-related audit findings, control gaps, risk issues, loss events, and significant fraud matters

Ensure corrective actions are sustainable, effective, and completed within required timelines

Support regulatory examinations, internal audits, independent reviews, and related investigations

Stakeholder Management

Develop partnerships with senior leaders across WM and enterprise functions

Influence decision-making through risk-based recommendations, data-driven insights, and stakeholder alignment

Represent WM within enterprise fraud governance structures

Required Qualifications

Bachelor's degree or equivalent experience

8-12+ years of experience in Fraud Prevention, Fraud Risk Management, Financial Crimes, Operational Risk, Compliance, Audit, or related financial-services disciplines

Demonstrated experience leading enterprise programs and strategic initiatives

Experience managing people and developing high-performing teams

Experience interacting with senior leaders and executive governance committees

Strong analytical, presentation, communication, and leadership skills

Ability to influence partners across business and functional boundaries

Preferred Qualifications

Experience within Wealth Management, Private Banking, Trust, Asset Management, or Financial Services

Certified Fraud Examiner (CFE), CAMS, CRISC, CIA, CRCM, or similar professional certification

Experience implementing fraud technologies, fraud analytics, behavioral monitoring, authentication solutions, or fraud operations programs

Experience supporting regulatory examinations and audit activities

Salary Range:

$137,400 - 240,400 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

Work Authorization

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.