Fraud Risk Strategy, Senior Specialist

Vanguard • Malvern, PA

2d • Hybrid

About The Position

This individual contributor role on Vanguard’s Personal Wealth Control and Oversight team strengthens fraud risk management through proactive market awareness, control innovation, and product risk evaluation. The role monitors emerging threats, industry practices, and regulatory developments; identifies opportunities to improve fraud oversight; and evaluates technology and process solutions through a risk and control lens. It partners with stakeholders across the enterprise to develop practical recommendations and support governance, reporting, and ongoing oversight.

Requirements

• 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.

Nice To Haves

• Advanced degree or relevant certifications.

Responsibilities

• Participate in industry forums, peer networks, and external engagements to stay current on emerging fraud threats, evolving attack patterns, and relevant technology solutions.
• Monitor industry trends, regulatory developments, and market practices to identify opportunities to strengthen fraud oversight capabilities.
• Identify, assess, and lead process improvement and efficiency opportunities across fraud risk and control activities, using 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, for fit, effectiveness, scalability, and alignment with business and control objectives.
• Partner with enterprise fraud, product, technology, operations, risk, compliance, and legal stakeholders 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 by documenting findings, communicating insights, and tracking recommendations through execution.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior