Published on

Aug 17, 2024

Senior Fraud Risk Advisor

Senior Fraud Risk Advisor

Senior Fraud Risk Advisor

Full-time

/

Malvern, PA

/

On-site

About the job

Global Risk and Security (GR&S) at Vanguard enables business strategy, protects client and Vanguard interests (e.g., assets and data), and stewards a strong risk culture. Our teams leverage enterprise-wide insights, deep expertise, and trusted advice so that across Vanguard leaders and crew drive faster, stronger, risk-informed decisions.

As the Senior Fraud Risk Advisor, you will play a pivotal role on a new team in Technology Risk focused on enhancing line 2 oversight of Vanguard’s Enterprise Security & Fraud services. In this role you will act as an independent challenger and advisor to Fraud and will influence critical initiatives, execute risk assessments, manage top risks, and ensure comprehensive controls exist while collaborating with other risk partners and business units across the global organization. This is a senior position that is dynamic and highly visible that will allow you to deliver tangible value in enhancing our ability to protect clients as well as shape our new team’s strategy and vision.

An ideal candidate is well versed in current fraud attack patterns, with the ability to effectively analyze on-the-horizon threats to drive agile risk management. Strong communication and written skills are required to influence senior decision makers. Candidates should have experience working in fraud prevention (including deployment of AI/ML models), detection, response, and risk management.

Senior Fraud Risk Advisor:


Provides risk guidance, oversight, and assurance services to enterprise and divisional partners based on the Vanguard's operational and strategic risk framework. Ensures the development and implementation of effective divisional risk controls. Provides expert level technical risk advice and direction across fraud capabilities.Leads and manages the efficiency and effectiveness of technical risk management within Fraud. Sets measurable goals and examines ways to raise standards, to increase quality and to improve overall technical risk management efforts of the team. Measures departmental success in identifying and managing technical risk exposure and identifies and prioritizes existing and emerging risks and advises on appropriate control design and testing.Provides technical risk and architecture thought leadership and expertise. Leads and assists Fraud in the development, implementation, and management of short- and long-term technical risk management strategies in accordance with department goals and objectives, standard risk management policies and procedures, and the overall risk strategy.Works with Fraud to mitigate risks and optimize process efficiency. Uses expert IT industry best practice knowledge to design effective controls and makes recommendations for developing new technical risk management strategies for the business. Provides consultation, facilitation and analytical support to the divisional management team as new products, services, processes and procedures are developed to ensure risk is properly mitigated. Identifies potential solutions and recommends development options.Develops and maintains strong relationships with enterprise and divisional clients to understand their ongoing risk needs. Acts as a thought partner to the business, and effectively persuades and influences others.Assesses the design of existing controls and make recommendations, leverages industry best practice for improvement as needed. Understands the risk management framework and utilizes the core concepts when discussing risk exposures with the business. Identifies and advises on opportunities for continuous quality improvement of technical standards, methodologies, and technologies.Participates in special projects and performs other duties as assigned.


Qualifications


Undergraduate degree or equivalent combination of training and experience. Graduate degree preferred.Minimum of eight years’ experience in Fraud Operations, Risk Management, Cybersecurity, or ITACFE certification preferred.Familiarity with fraud rules engines and workflow management systems


Special Factors

Sponsorship

Vanguard is not offering visa sponsorship for this position.

About Vanguard

We are Vanguard. Together, we’re changing the way the world invests.

For us, investing doesn’t just end in value. It starts with values. Because when you invest with courage, when you invest with clarity, and when you invest with care, you can get so much more in return. We invest with purpose – and that’s how we’ve become a global market leader. Here, we grow by doing the right thing for the people we serve. And so can you.

We want to make success accessible to everyone. This is our opportunity. Let’s make it count.

Inclusion Statement

Vanguard’s continued commitment to diversity and inclusion is firmly rooted in our culture. Every decision we make to best serve our clients, crew (internally employees are referred to as crew), and communities is guided by one simple statement: “Do the right thing.”

We believe that a critical aspect of doing the right thing requires building diverse, inclusive, and highly effective teams of individuals who are as unique as the clients they serve. We empower our crew to contribute their distinct strengths to achieving Vanguard’s core purpose through our values.

When all crew members feel valued and included, our ability to collaborate and innovate is amplified, and we are united in delivering on Vanguard's core purpose.

Our core purpose: To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success.

How We Work

Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.

About Company

We are a community of 50 million who think—and feel—differently about investing. Together, we’re changing the way the world invests.Since our founding in 1975, helping investors achieve their goals has been our main reason for existence. At Vanguard, we’re built differently. Vanguard is investor-owned, meaning the fund shareholders own the funds, which in turn own Vanguard. When you’re surrounded by people who care about the same things, things tend to fall into place.With no other parties to answer to and therefore no conflicting loyalties, we make every decision—including keeping investing costs as low as possible—with your needs in mind. Because of our unique structure, your goals align with our goals. Whether you’re investing for your first house, college for your kids, or a comfortable retirement, you can be confident we’re on your side. That’s the value of ownership!Community guidelines: vgi.vg/sgl1

Total Employees

24,695

Median Employee Tenure

5.3 years

Because no one goes to school
for fighting fraud.