Wealth Management Fraud Strategy Vice President

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 firm’s primary investment area, we provide investment and advisory services for some of the world’s 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 firm’s 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 subject‑matter 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 data‑driven fraud strategies to mitigate emerging and evolving fraud risks while supporting fair customer outcomes.
• Provide oversight of the fraud strategy roadmap, ensuring clear prioritization, risk‑based decision‑making, and effective execution.
• Partner with Product and Engineering teams to translate risk requirements into functional specifications and robust technology solutions.
• Lead and develop a high‑performing 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 third‑party fraud solution providers in line with the firm’s third‑party risk management and governance frameworks.
• Support senior management forums and stakeholder committees with clear, well‑reasoned risk assessments and recommendations.

EXPERIENCE & SKILLS REQUIRED

• Significant experience in fraud risk management within financial services, ideally covering account lifecycle and payment‑related risks.
• Demonstrated experience leading or managing teams in a risk, fraud, or control‑focused 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 large‑scale data environments (e.g., Snowflake, Databricks).
• Experience defining functional, analytical, or risk requirements for technology‑enabled 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. We're 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 GS.com/careers.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

© 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.