Manager, Wealth Management Fraud Prevention

About the role

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.   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 W ealth M anagement, 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, or alternatively you can discuss your individual requirements with the recruiter you are working with.