Fraud Program - Global Lead, Vice President, Hybrid

State Street Corporation; England; Hybrid; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Global Head of the Fraud Program to lead strategic initiatives in fraud risk management. This pivotal role involves overseeing compliance with legal standards, managing a dedicated team, and enhancing operational effectiveness. The ideal candidate will possess extensive experience in financial crime risk assessment and demonstrate strong leadership and communication skills. With a hybrid work model and a commitment to diversity and inclusion, this position offers a unique opportunity to make a significant impact in the financial services sector while fostering a collaborative and supportive work environment.

Benefits

Flexible Work Options

Competitive Benefits

Development Programs

Volunteer Days

Matching Gifts

Qualifications

• 9+ years experience in global financial crime risk assessment and compliance.
• Leadership experience in regulatory projects and understanding of multinational laws.

Responsibilities

• Lead the strategic development and daily operations of the fraud program.
• Advise on the design and implementation of the Fraud Program to meet regulatory standards.

Skills

Fraud Risk Management

Risk Assessment

Project Management

Leadership

Communication Skills

Problem-Solving

Education

Degree in Law

Professional Qualification (Lawyer/Accountant)

Job description

JOB DESCRIPTION

Who we are looking for

The Global Fraud Program, under the Financial Crimes Compliance function, oversees fraud controls and investigations across the organization. The new hire will lead the strategic development and daily operations of the program, ensuring compliance with legal and regulatory standards. Key areas include risk assessment, governance, staff training, and acting as a senior interface in governance forums, including chairing the Fraud Risk Community Forum.

This role offers a hybrid work model (2 days remote, 3 days onsite) and we are hiring in London or Edinburgh.

Why this role is important to us

The team contributes significantly to the organization's success by managing risk and enhancing performance. Your role will focus on creating scalable solutions, building resilience, and executing daily deliverables, making a tangible impact in the financial services industry.

What you will be responsible for

As Global Head of the Fraud Program, VP, you will:

1. Support the Global Head of Fraud with oversight and advice on fraud risk and controls, including:

• Ownership of Fraud Risk Management Policy
• Designing and executing comprehensive fraud risk analyses
• Developing fraud awareness training for staff
• Overseeing fraud monitoring and testing controls
• Creating Fraud Compliance Roadmaps and Project Plans

2. Advise on the design and implementation of the Fraud Program to meet regulatory and industry standards.

3. Lead industry forum participation and collaborate externally to address challenges and regulatory changes.

4. Assist in executing strategic priorities, such as enhancing risk assessment methodologies, fraud data reporting, and response protocols, and addressing fraud as a FinCEN Priority.

5. Manage a team member supporting fraud work, focusing on data analysis, risk assessment, and governance coordination.

6. Contribute individually by demonstrating ownership, integrity, providing management information, supporting risk culture, and adhering to policies.

What we value

• Senior management issue resolution skills
• Ability to build internal and external relationships
• Interpersonal, communication, project management, and leadership skills
• Problem-solving and decision-making capabilities
• Independent work ethic and adaptability
• Influencing and consensus-building skills
• Excellent communication skills and industry engagement
• Leadership in building high-performing teams
• Quality work under strict deadlines

Education & Preferred Qualifications

• Degree in law or related field; professional qualification as a lawyer or accountant preferred
• 9+ years experience in global financial crime risk assessment and compliance
• Leadership experience in regulatory projects and understanding of multinational laws
• Ability to foster trusted partnerships within the Fraud Risk Community
• Experience managing teams and risk assessment program enhancements

Are you the right candidate? Yes!

We value diverse backgrounds and experiences. You don’t need to meet all criteria to apply. If you’re adaptable, data-driven, and a team player, you could be a great fit.

About State Street

What we do. We are a leading custodian bank, asset manager, and financial services provider, supporting clients for over two centuries with a wide range of services including investment servicing, data analytics, and asset management.

Work, Live and Grow. We offer a supportive work environment, competitive benefits, flexible work options, and development programs to help you reach your potential.

Inclusion, Diversity and Social Responsibility. We embrace diversity and foster an inclusive environment. We support community engagement through volunteer days, matching gifts, and employee networks. We are an equal opportunity employer.

Discover more at StateStreet.com/careers