Fraud Strategy Senior Analyst

Vanguard Group, Inc.

$90K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4+ years of experience in fraud risk, payments risk, or financial crimes.
  • Expertise in account takeover, social engineering, and transaction fraud risks within retirement and workplace channels.
  • Proven management of real-time fraud decisioning environments and strategies.
  • Strong collaboration experience across Product, Engineering, Risk, and Operations.
  • Bachelor's degree in Statistics, Mathematics, Data Science, Finance, Computer Science, or a related field; graduate degree preferred.
  • Expertise in fraud rules engines and decisioning platforms.
  • Proficient in analytical tools like Python, R, SAS, SQL, and business intelligence platforms such as Tableau or Power BI.

Responsibilities

  • Define fraud prevention strategy across real-time payment channels.
  • Design and manage fraud rules, decision logic, and detection strategies.
  • Drive enhancements and implementation of fraud rules engines and decisioning platforms.
  • Monitor and improve fraud detection and client friction through performance management.
  • Use analytics to identify trends and refine strategies for better detection.
  • Collaborate with cross-functional teams to integrate fraud controls into customer journeys.
  • Maintain disciplined control testing and adherence to risk and regulatory standards.

Benefits

  • Comprehensive health benefits including medical, dental, and vision.
  • Retirement plan with company matching contributions.
  • Generous paid time off policy including vacation and personal days.
  • Opportunities for professional development and career advancement.
  • Flexible work arrangements to promote work-life balance.
Full Job Description
Job Description

Key Responsibilities

  • Set Fraud Strategy & Coverage: Define fraud prevention strategy across real-time payment channels, including risk appetite and control coverage.
  • Own Real-Time Decisioning: Design and manage fraud rules, decision logic, and detection strategies within real-time decisioning platforms.
  • Lead Platform & Capability Build: Drive enhancements and implementation of fraud rules engines and decisioning platforms in partnership with engineering.
  • Optimize Performance Outcomes: Monitor and improve fraud detection, false positives, and client friction through ongoing control tuning and performance management.
  • Leverage Data & Models: Use analytics and model insights to identify trends, refine strategies, and improve detection effectiveness.
  • Partner Cross-Functionally: Collaborate with Product, Engineering, Risk, and Operations to embed fraud controls into customer journeys and new product launches.
  • Ensure Strong Governance: Maintain disciplined control testing, monitoring, and adherence to risk and regulatory standards.


Qualifications

Required Experience

  • 4+ years in fraud risk, payments risk, or financial crimes
  • Expertise in: Account takeover, social engineering, and transaction fraud risks within retirement and workplace channels
  • Proven experience managing real-time fraud decisioning environments and rules strategies
  • Strong experience partnering across Product, Engineering, Risk, and Operations
  • Bachelor's degree in Statistics, Mathematics, Data Science, Finance, Computer Science, or a related field. Graduate degree preferred.


Technical & Analytical Skills

  • Expertise in fraud rules engines / decisioning platforms
  • Strong analytical capabilities (data analysis, segmentation, performance optimization)
  • Working knowledge of fraud models / machine learning concepts and model governance
  • Ability to translate data into actionable fraud strategies and business decisions
  • Strong experience with analytical tools such as Python, R, SAS, SQL, and platforms such as Tableau or Power BI.


Leadership & Communication

  • Excellent communication and executive storytelling skills.
  • Highly collaborative with a track record of driving alignment across teams.

Special Factors

Sponsorship
Vanguard is not offering visa sponsorship for this position.

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