Fraud Risk Strategy, Senior Specialist

Vanguard Group, Inc.

$95K — $115K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in fraud risk management or operational oversight in financial services.
  • Strong knowledge of fraud threats and risk assessment practices in wealth management.
  • Proven track record in identifying opportunities for process improvements and scalable solutions.
  • Familiarity with automation and AI technologies in fraud risk management.
  • Experience in evaluating products and technology solutions from a risk perspective.
  • Excellent communication skills for influencing stakeholders and presenting insights.
  • Ability to manage multiple priorities in a collaborative, matrixed environment.
  • Bachelor's degree required; advanced degree or certifications are preferred.

Responsibilities

  • Engage in industry forums to stay informed on fraud threats and innovative solutions.
  • Monitor market trends and regulations to enhance fraud oversight.
  • Identify and implement process improvements in fraud risk activities.
  • Evaluate AI and advanced technologies to enhance risk detection and workflows.
  • Assess fraud technology solutions for effectiveness and alignment with objectives.
  • Collaborate with various departments to develop fraud risk solutions.
  • Create business cases for control enhancements and technology adoption.
  • Support ongoing oversight activities by documenting findings and tracking recommendations.

Benefits

  • Comprehensive benefits package including health, dental, and retirement plans.
  • Opportunities for professional development and growth.
  • Flexible work arrangements to support work-life balance.
  • Access to Vanguard's resources and tools for continued learning.
Full Job Description
This individual contributor role within Vanguard's Personal Wealth Control and Oversight team is responsible for strengthening fraud risk management through proactive market awareness, control innovation, and product risk evaluation.

Responsibilities:
  • Participate in industry forums, peer networks, and external engagements to stay current on emerging fraud threats, evolving attack patterns, and innovative technology solutions relevant to Personal Wealth.
  • Monitor industry trends, regulatory developments, and market practices to identify opportunities to strengthen fraud oversight capabilities.
  • Identify, assess, and lead opportunities for process improvement and efficiency gains across fraud risk and control activities, leveraging existing tools, automation, and new technology solutions.
  • Evaluate and apply artificial intelligence and other advanced technologies, where appropriate, to improve governance, streamline workflows, and enhance risk detection and decision support.
  • Assess new and existing fraud technology solutions, including vendor products and internal capabilities, to determine fit, effectiveness, scalability, and alignment with business and control objectives.
  • Partner with cross-functional stakeholders across enterprise fraud, product, technology, operations, risk, compliance, and legal to drive practical, business-aligned fraud risk solutions.
  • Develop recommendations and business cases for control enhancements, automation opportunities, and technology adoption based on risk exposure, operational impact, and implementation feasibility.
  • Support governance, reporting, and ongoing oversight activities by documenting findings, communicating insights, and tracking recommendations through execution.


Qualifications:
  • Experience in fraud risk management, controls, operational risk, or oversight within wealth management, brokerage, banking, or financial services.
  • Strong understanding of fraud threats, control design, and risk assessment practices across client, operational, and digital channels.
  • Demonstrated ability to identify process improvement opportunities and translate them into practical, scalable solutions.
  • Familiarity with automation, analytics, and AI-enabled capabilities relevant to fraud risk management and control optimization.
  • Experience evaluating products, processes, or technology solutions through a risk and control lens.
  • Strong written and verbal communication skills, with the ability to influence stakeholders and present recommendations clearly.
  • Ability to operate independently, manage competing priorities, and collaborate effectively across a matrixed organization.
  • Bachelor's degree required; advanced degree or relevant certifications preferred.

Special Factors

Sponsorship
Vanguard is not offering visa sponsorship for this position.

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