Fraud Risk Sr Advisor

Fraud Risk Sr Advisor

The Fraud Risk Senior Advisor supports the leaders of the Fraud Risk Management program in the identification, measurement, assessment, monitoring and management of existing and emerging fraud risks and controls across TIAA. Fraud Risk Management is part of the organization's Enterprise Operational Risk. This role is centered on the execution of fraud risk program activities, providing subject matter expertise and fraud awareness.

Key Responsibilities and Duties

• Drive the execution of the annual risk assessment of fraud in business areas across TIAA

• Lead proactive reviews designed to assess vulnerabilities to emerging Fraud Risks of specific businesses, operations, processes, or controls 

• Partner with other TIAA teams in the development of Fraud Risk module in TIAA Governance Risk and Compliance system

• Develop and monitor fraud risk KRIs and KPIs;

• Serve as an effective challenge function to the first line of defense, including oversight of fraud prevention, mitigation and investigation controls and processes

• Partner with business and counter-fraud partners to review fraud incidents and affect the timely and effective escalation and remediation of fraud incidents and issues

• Assist in the monitoring and in the assessment of emerging fraud risks in TIAA and in the industry and support the development of related guidance to client-facing risk teams and business partners

• Assist with the enhancement of the Enterprise Fraud Risk Program including the development, review and amendments to Fraud Policy, Fraud Standards and development of fraud training and awareness materials

Educational Requirements

• University (Degree) Preferred

Work Experience

• 3+ Years Required; 5+ Years Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level
7IC

Required Qualifications:

• 3+ years of experience in fraud risk management gained in the financial services industry or in counter-fraud consulting

Preferred Qualifications:

• 5+ years of experience in fraud risk management gained in the financial services industry or in counter-fraud consulting
• Bachelor’s Degree in Finance, Accounting, Law, Risk or Business Management
• Specific financial industry expertise is highly preferred (e.g. asset management, brokerage, trust, retirement, and insurance)
• Certified Fraud Examiner (CFE), Certified AML and Fraud Professional (CAFP) Association of Anti-Money Laundering Specialists (ACAMS)

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Related Skills

Analytical Skills, Auditing, Collaboration, Communication, Consulting, Data-Based Decision Making, Detail-Oriented, Executive Presence, Fraud Prevention and Detection, General Risk Management, Investigation, Loss Prevention, Organizational Savviness, Problem Solving, Regulatory Compliance

Anticipated Posting End Date:

2025-05-31

Base Pay Range: $82,500/yr. - $115,000/yr.

Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location.  In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans). 

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Company Overview

Every worker deserves a secure retirement. For more than 100 years, TIAA has delivered it for millions of people. Founded to help educators retire with dignity, today weʼre a market-leading retirement company fueled by world-class asset management. But weʼre not just another legacy financial services firm. Weʼre fighting harder than ever before for our clients and the many Americans who need us.

Benefits and Total Rewards

The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and main