Senior Fraud Risk Advisor

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 Vanguard leaders and crew drive faster, stronger, risk-informed decisions. 

Sr. Fraud Risk Advisor: 

• Provide risk guidance, oversight, and assurance services based on Vanguard's operational and strategic risk framework to enterprise and divisional partners. Ensures the development and implementation of effective divisional risk controls. 

• Manages the efficiency and effectiveness of technical risk management within the business. Sets measurable goals and examines ways to raise standards, to  increase quality and to improve overall technical risk management efforts of the team. Monitors progress and measures departmental success in identifying and managing risk exposure. 

• Provides technical risk and architecture thought leadership and expertise. Leads and assists the business in the development, implementation and management of short- and long-term technical risk management strategies in accordance with department goals and objectives as well as standard risk management policies and procedures. 

• Works with the business to mitigate risks and optimize process efficiency. Uses 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 strong relationships with enterprise and divisional clients to understand their ongoing risk needs. Builds credibility as a thought partner, 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. 

What it takes: 

• Experience in fraud risk management ideally with a focus on cash management or payments with a good knowledge of regulatory frameworks and industry guidance.  

• Undergraduate degree or equivalent combination of training and experience. Graduate degree preferred. 

• Minimum of five years experience in either Fraud Operations, Risk Management, Cybersecurity, or IT 

• ACFE certification preferred 

• Familiarity with fraud rules engines and workflow management systems