Manager, Wealth Management Fraud Prevention

001 The Northern Trust Company; Chicago (IL); Sur place; USD 137 000 - 240 000; Plein temps

Avantages offerts par ce poste

401k and pension

Health benefits

Paid time off

Parental leave

Life & disability insurance

Well-being benefits

Résumé du poste

The Northern Trust Company is seeking a Wealth Management Fraud Prevention Manager to lead the WM Fraud Prevention Program, driving strategy, governance, and risk oversight. You will partner with Global Fraud, Operations, Compliance, Risk Management, Technology, and executives to strengthen controls and protect clients and the firm.

You will manage a team of fraud professionals, set priorities, and deliver metrics, training, and remediation across WM.

Qualifications

• Bachelor's degree or equivalent experience.
• 8–12+ years in Fraud Prevention, Fraud Risk Management, Financial Crimes, Operational Risk, Compliance, Audit, or related disciplines.
• Enterprise program leadership experience.
• Experience managing people and building high‑performing teams.
• Experience interacting with senior leaders and governance committees.
• Strong analytical, presentation, communication, and leadership skills.
• Ability to influence across business and functional boundaries.

Responsabilités

• Lead the WM Fraud Prevention Program with strategy, governance, and metrics.
• Manage, develop, and coach the fraud prevention team and set priorities.
• Oversee fraud risk assessments for products, services, processes, and tech initiatives.
• Provide guidance on fraud-control design, effectiveness, escalation, and remediation.
• Lead initiatives to prevent, detect, and mitigate fraud across WM with cross‑functional partners.
• Establish KRIs, dashboards, and reporting for governance and leadership.
• Oversee fraud training, awareness, and communications for partners and clients.
• Support regulatory examinations, audits, and remediation of findings.
• Develop partnerships with senior leaders and represent WM in enterprise fraud governance.

Connaissances

Fraud prevention

Fraud risk management

Leadership

Stakeholder management

Analytical skills

Communication

Formation

Bachelor's degree or equivalent experience

Description du poste

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions. Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide. With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Position Summary

The Wealth Management (WM) Fraud Prevention Manager leads the WM Fraud Prevention Program within WM Business Unit Control, with responsibility for program strategy, governance, control effectiveness, fraud risk oversight, education, metrics, issue remediation, and emerging risk identification. 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.

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

Salary Range: $137,400 - 240,400 USD Salary range is a good faith estimate of base pay.

Benefits

• 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


• 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 [e-mail], or alternatively you can discuss your individual requirements with the recruiter you are working with.

APAC/INDIA EEO STATEMENT

It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

Canada EEO STATEMENT

Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.

EMEA EEO STATEMENT

It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions, and access to learning and development.

USA EEO STATEMENT

It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status.

EEO Know Your Rights (U.S.)

EEO Know Your Rights (U.S.)