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.
The key responsibilities of the role include:
- Serves as a fraud prevention, detection analytics, and fraud intelligence subject matter expert, leveraging fraud detection platforms, data analysis, and investigative techniques to identify, prevent, and mitigate fraud risk.
- Performs advanced analysis of fraud detection system outputs, alert populations, case outcomes, and operational data to identify fraud trends, emerging threats, control gaps, detection opportunities, and false positive reduction strategies.
- Partners with internal technology, product, data, and development teams to enhance fraud detection capabilities, improve data quality, support system integrations, and fraud prevention initiatives.
- Works directly with fraud detection vendors and service providers to evaluate system performance, investigate detection gaps, enhance detection models, improve fraud identification rates, and reduce false positive volumes.
- Develops, maintains, and communicates fraud metrics, detection performance reporting, fraud intelligence, and emerging trends to fraud analysts and fraud leadership
- Serves as a technical SME in areas of fraud, fraud prevention technology, fraud detection systems, and data analysis.
- Interacts with employees across the enterprise (e.g., relationship managers, Legal Department, Human Resources, Technology, Risk Management, and Operations teams) and external parties (vendors, SMEs or other financial institutions) in the course of fraud prevention and investigative activities, as appropriate.
- Consults with management regarding complex, sensitive, or high-risk fraud matters.
- Support daily fraud alert reviews and post-mortem case investigation across multiple systems for both internal and external fraud risk
- Reviews fraud alerts/behavioral anomalies, transactions, and ad hoc intelligence to identify potentially unauthorized activity or fraud.
- Analyzes data using OSINT tools and techniques to reconcile potentially fraudulent activity, including complex account movements involving multiple transaction channels, accounts, applications, or client relationships.
- Completes investigations to determine if a financial crime (fraud, money laundering, or terrorist financing) has occurred involving clients or internal employees
- Serves as a key subject matter expert and mentor to less experienced analysts.
- May manage daily operational activities and review work of less experienced employees (but not in a formal management role).
- Maintains the integrity and confidentiality of sensitive data, systems, policies, analyses, and case details while ensuring compliance with applicable laws, regulations, and corporate policies.
- Completes process improvement initiatives, technology enhancements, fraud detection optimization efforts, and strategic fraud prevention projects as assigned.
- Operates independently and carries out activities that are large in scope, cross-functional, and technically difficult.
- Role is balanced between fraud prevention alert processing, fraud investigation, fraud prevention strategy, detection capability enhancement, and program development.
The successful candidate will benefit from having:
- In-depth financial crimes and fraud prevention knowledge.
- Knowledge of fraud detection methodologies, behavior-based analytics, anomaly detection, fraud intelligence, and prevention controls.
- Understanding of fraud detection model performance, alert populations, detection tuning, false positive management, and fraud detection effectiveness measurement.
- Current and historical knowledge of malware variants and common attack vectors, including AI-enabled fraud, high- and low-tech social engineering, and emerging AI threats.
- Understanding of common industry client authentication processes, tools, and Internet security.
- Understanding of traditional banking and fintech money movement systems and associated fraud risks, including wires, ACH, checks, card transactions, bill payments, Zelle, cryptocurrencies, and other digital transaction methods.
- Understanding of fraud detection system design, integrations, event data, and detection strategy development.
- General to advanced understanding of commercial web browsers, operating systems, and networks.
- Knowledge of Northern Trust transaction processing systems preferred.
Technical Skills:
- Experience with Actimize Xceed/Guardian Analytics, Verafin, or similar fraud detection and behavioral analytics platforms preferred.
- Experience analyzing fraud detection system output data, alert populations, model performance metrics, false positive trends, and fraud detection effectiveness.
- Experience partnering with technology teams, developers, data teams, and third-party vendors to enhance fraud detection capabilities and support system improvements.
- Experience preparing and presenting fraud trend analysis, operational reporting, executive summaries, metrics, and recommendations to business and technical stakeholders.
- Experience in phone interviewing for the identification of client impersonators and scams.
- Experience with Copilot and use of agentic AI for OSINT, data analysis, and/or operational efficiency.
- College or University degree and at least 5 years of relevant work experience preferred.
- Experience in fraud prevention, fraud investigations, fraud analytics, fraud operations, risk management, cybersecurity investigations, data analytics, or a related discipline preferred.
- Related industry qualification (e.g., ACAMS, CFE) or studying toward such designation preferred.
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 [email protected], or alternatively you can discuss your individual requirements with the recruiter you are working with.
About Our Tempe Office
The Northern Trust Tempe office opened in 2015 with 75 employees and now serves over 75 different business functions with more than 700 employees. The team is recognized as a Global Capability Center that delivers exceptional value, quality, expertise and innovation through our diverse talent. Learn more.
Skills Required
- Authorized to work in the U.S. without employment-based visa sponsorship
- In-depth knowledge of financial crimes (fraud, money laundering, terrorist financing)
- Familiarity with malware variants, social engineering, AI-enabled fraud, and emerging AI threats
- Understanding of client authentication processes, internet security, and common fraud vectors
- Understanding of banking and fintech money movement systems and associated fraud risks (wires, ACH, checks, cards, bill pay, Zelle, crypto)
- General to advanced understanding of web browsers, operating systems, and networking concepts (ISP, IP, proxies, VPNs)
- Experience with Actimize Xceed, Guardian Analytics, Verafin, or similar fraud detection tools
- Experience with phone interviewing to identify client impersonators and scams
- Experience using Co-Pilot or agentic AI for OSINT, data analysis, or work efficiency
- Experience with advanced data analysis and reporting tools (e.g., Power BI, advanced Excel, SQL, Python, Azure Log Analytics)
- Related industry qualification (e.g., ACAMS, CFE) or studying toward such designation
- College or University degree and/or 5-7 years of relevant work experience
Northern Trust Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Northern Trust and has not been reviewed or approved by Northern Trust.
-
Retirement Support — A 401(k) with company match alongside an employer‑funded defined‑benefit pension is highlighted in employer‑verified materials and filings, setting the retirement package apart from many private employers.
-
Leave & Time Off Breadth — PTO is portrayed as solid overall, and two paid volunteer days per year are clearly documented across corporate materials.
-
Parental & Family Support — Company sources and postings reference paid parental and caregiver leave and recent enhancements to parental benefits, indicating meaningful family support within the package.
Northern Trust Insights
What We Do
As a global leader in innovative wealth management, asset servicing and investment solutions, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families and institutions by remaining true to our enduring principles of service, expertise and integrity. A globally recognized Fortune 500 Company in continuous operation since 1889, we’ve built a legacy of empowering clients to reach their goals with confidence. Since our roots as a trust bank, we’ve grown to a global presence with more than 24,000 employees in more than 20 countries and across six core business units: Wealth Management Asset Management Asset Servicing Technology Corporate Functions Enterprise Operations Join a Team That’s Achieving Greater At Northern Trust, we refer to our employees as partners – with good reason. We understand that relationships are the key to our success. Here you’ll join a diverse and inclusive team of innovators with the drive to challenge the way things have always been done. Instead of choosing between a dynamic career and work-life balance, enjoy working with a team that supports your goals in the office and at home. We’ll help you get where you want to go without sacrificing what matters most to you. Delivering value and adhering to our enduring principles What are enduring principles? Since our founding, they have guided our strategy and success. Thanks to the dedication of our partners, Northern Trust continues to thrive by adhering to three enduring principles: service, expertise and integrity . What does this mean? Service Northern Trust has a relentless drive to provide exceptional service to our clients, our partners and our communities. We set new standards and go above and beyond in our commitment to delivering greater results. Expertise Expertise is at the core of who we are. We focus sharply on what we do well. From expanding our capabilities, to hiring talented professionals to developing innovative solutions, our expertise is why we continue to be a trusted advisor for generations of families and institutions. Integrity Operating with uncompromising ethics is central to Northern Trust’s heritage. As a result, our clients, partners and communities know they can rely on us. For more than 130 years, our integrity has been our guide – and that will never change.
Why Work With Us
At Northern Trust, we go further because we go together. We embrace flexibility, encourage balance, and prioritize inclusion at all levels, working together to keep you connected. We are committed to our employees—all 24,000 of them. Whether this is a first step or a bold new leap in your career, we’re here to help you move forward.
Gallery
