Fraud Investigation and Prevention Analyst, Specialist

The Vanguard Group•Scottsdale, PA

1d•Hybrid

About The Position

Through independent fraud case investigations while effectively maintaining a high-volume, fluctuating case load, and incident/escalation response activities from discovery through complete resolution. Identifies fraud trends, evaluates emerging threats, and follows prevention strategies and control enhancements. Partners with stakeholders to develop and implement automated fraud detection capabilities and process improvements. Executes, reviews, and maintains Global Fraud policy and procedures consistent with global fraud standards and practices. Makes recommendations to management as to the creation of new procedures as needed. Thoroughly documents case chronology and necessary reporting. Reports any trends to management to mitigate future fraud. Works with business units and stakeholders to support fraud prevention measures and controls. Consults with Vanguard business units on fraud prevention, trends and detection/response issues/questions. Supports the project teams as needed. Analyzes situations, identifies practical solutions and escalates matters as needed. Develops and maintains an established network of internal and external contacts to gather, exchange, and execute actionable fraud intelligence to best protect Vanguard Crew, information and client assets. Support department overviews, new hire training and onboarding. Provides guidance, advice, training and mentoring to other members global security and fraud unit related to fraud control methods and investigation standards and practices. Other duties as assigned.

Requirements

Minimum of three years of experience in fraud investigations, fraud prevention, financial crimes, AML/BSA, risk management, transaction monitoring, threat intelligence, investigations and recovery, or related disciplines.
Undergraduate degree or equivalent combination of training and experience.
Knowledge of banking, brokerage, wealth management, or financial services environments.
Data analysis skills using Excel and/or analytical reporting tools.
Ability to think independently, exercise sound judgment, and manage multiple priorities in a fast-paced environment.

Nice To Haves

At least two years of direct fraud investigation and prevention experience preferred.
Certified Fraud Examiner (CFE) certification preferred.
Candidates who do not currently hold the certification must successfully obtain it within one year of employment via self-study.
Vanguard sponsors the certification process.

Responsibilities

Conduct independent fraud case investigations while maintaining a high-volume, fluctuating case load.
Manage incident and escalation response activities from discovery through complete resolution.
Identify fraud trends, evaluate emerging threats, and follow prevention strategies and control enhancements.
Partner with stakeholders to develop and implement automated fraud detection capabilities and process improvements.
Execute, review, and maintain Global Fraud policy and procedures consistent with global fraud standards and practices.
Make recommendations to management for new procedures as needed.
Thoroughly document case chronology and necessary reporting.
Report trends to management to mitigate future fraud.
Work with business units and stakeholders to support fraud prevention measures and controls.
Consult with Vanguard business units on fraud prevention, trends, and detection/response issues/questions.
Support project teams as needed.
Analyze situations, identify practical solutions, and escalate matters as needed.
Develop and maintain an established network of internal and external contacts to gather, exchange, and execute actionable fraud intelligence.
Support department overviews, new hire training, and onboarding.
Provide guidance, advice, training, and mentoring to other members of the global security and fraud unit related to fraud control methods and investigation standards and practices.