Fraud Risk Advisor

Posted Yesterday
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5 Locations
Senior level
Fintech
The Role
The Fraud Risk Advisor provides risk guidance, technical risk management, and thought leadership in fraud risk strategies while ensuring operational efficiency and regulatory compliance.
Summary Generated by Built In

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.

Within GR&S, the Enterprise Security and Fraud (ES&F) sub-division is responsible for the global protection of Vanguard crew, property, data, and client assets. We are the trusted advisors that protect the pride of Vanguard with state-of-the-art security and fraud capabilities.

    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. Provides expert level IT technical risk advice and direction for critical software, middleware, or hardware projects on multiple platforms.
    • 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.

    Qualifications

    • 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

      Special Factors

      Sponsorship

      Vanguard is not offering visa sponsorship for this position.

      About Vanguard

      At Vanguard, we don't just have a mission—we're on a mission.

      To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best.

      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.

      Top Skills

      Fraud Rules Engines
      Workflow Management Systems
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      The Company
      Charlotte, NC
      20,252 Employees
      On-site Workplace
      Year Founded: 1975

      What We Do

      We are a community of 30 million who think – and feel – differently about investing. Together, we’re changing the way the world invests.

      Since our founding in 1975, helping our investors achieve their goals is our sole reason for existence. With no other parties to answer to and therefore no conflicting loyalties, we make every decision—like keeping investing costs as low as possible—with only your needs in mind.

      Vanguard is one of the world's largest investment companies, offering a large selection of high-quality low-cost mutual funds, ETFs, advice, and related services. Individual and institutional investors, financial professionals, and plan sponsors can benefit from the size, stability, and experience Vanguard offers. As of April 30, 2019, we managed more than $5.6 trillion in global assets. In addition, we have 189 funds in the United States and 225 funds in global markets.

      For Commenting Guidelines & Important information, visit here: http://vanguard.com/linkedin
      Vanguard Marketing Corporation, Distributor.

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