Asset & Wealth Management, Wealth Management Fraud Strategy, Vice President, Birmingham
Birmingham - UK
Job Summary
ASSET & WEALTH MANAGEMENT
Bringing together traditional and alternative investments we provide clients around the world with a dedicated partnership and focus on long-term performance. As the firms primary investment area we provide investment and advisory services for some of the worlds leading pension plans sovereign wealth funds insurance companies endowments foundations financial advisors and individuals for which we oversee more than $2 trillion in assets under supervision. Working in a culture that values integrity and transparency you will be part of a diverse team that is passionate about our craft our clients and building sustainable success. We are:
Investors spanning traditional and alternative markets offering products and services
Advisors understanding our clients priorities and poised to help provide investment advice and strategies that make sense for their portfolios
Thought Leaders providing timely insights across macro and secular themes to help inform our clients investment decisions
Innovators using our suite of digital solutions to help our clients address complex challenges and meet their financial goals
TEAM & ROLE OVERVIEW
The Wealth Management Fraud Strategy team is accountable for the design oversight and continuous enhancement of the firms fraud risk management framework across Wealth Management businesses. This includes ensuring that fraud controls are proportionate effective and aligned with regulatory expectations industry best practice and firmwide risk standards.
The Vice President Fraud Strategy will play a senior role in shaping fraud risk strategy strengthening preventative and detective controls and providing subjectmatter expertise across account lifecycle and payment processes in support of Private Wealth Management and Marcus by Goldman Sachs.
RESPONSIBILITIES
The role holder will be responsible for driving the development and ongoing optimization of fraud risk controls across Wealth Management working closely with Product Technology Operations Compliance and Cybersecurity stakeholders. The position combines strategic ownership with delivery oversight requiring strong judgement analytical depth and the ability to influence across functions.
Key responsibilities include:
- Define and maintain fraud prevention and detection requirements across account onboarding account maintenance and money movement processes ensuring alignment to regulatory standards and internal risk frameworks.
- Design and enhance datadriven fraud strategies to mitigate emerging and evolving fraud risks while supporting fair customer outcomes.
- Provide oversight of the fraud strategy roadmap ensuring clear prioritization riskbased decisionmaking and effective execution.
- Partner with Product and Engineering teams to translate risk requirements into functional specifications and robust technology solutions.
- Lead and develop a highperforming fraud strategy team fostering strong risk capability and technical expertise.
- Monitor fraud trends typologies and loss drivers through structured MI dashboards and control reporting escalating material risks as appropriate.
- Work closely with Operations teams to identify control gaps operational weaknesses and opportunities for process and control enhancements.
- Maintain awareness of external fraud trends regulatory developments and industry practices providing thought leadership and recommendations for change.
- Manage thirdparty fraud solution providers in line with the firms thirdparty risk management and governance frameworks.
- Support senior management forums and stakeholder committees with clear wellreasoned risk assessments and recommendations.
EXPERIENCE & SKILLS REQUIRED
- Significant experience in fraud risk management within financial services ideally covering account lifecycle and paymentrelated risks.
- Demonstrated experience leading or managing teams in a risk fraud or controlfocused environment.
- Strong understanding of fraud typologies emerging threats and industry best practice.
- Knowledge of UK and European payment regulations and regulatory environment.
- Experience working with established fraud prevention and detection technologies.
- Proven ability to analyse complex data sets and translate insights into proportionate risk controls.
- Strong analytical skills with experience using tools such as SQL Python Tableau or equivalent.
- Familiarity with modern data platforms and largescale data environments (e.g. Snowflake Databricks).
- Experience defining functional analytical or risk requirements for technologyenabled control solutions.
- Strong stakeholder management skills with the ability to influence across Product Technology Operations Compliance and Governance functions.
ABOUT GOLDMAN SACHS
At Goldman Sachs we commit our people capital and ideas to help our clients shareholders and the communities we serve to grow. Founded in 1869 we are a leading global investment banking securities and investment management firm. Headquartered in New York we maintain offices around the world.
We believe who you are makes you better at what you do. Were committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally from our training and development opportunities and firmwide networks to benefits wellness and personal finance offerings and mindfulness programs. Learn more about our culture benefits and people at committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: The Goldman Sachs Group Inc. 2026. All rights reserved. Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race color religion sex national origin age veterans status disability or any other characteristic protected by applicable law.
Required Experience:
Exec
About Company
The Goldman Sachs Group, Inc. is a leading global investment banking, securities, and asset and wealth management firm that provides a wide range of financial services.