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. We are a world-class destination of highly engaged, passionate, and diverse talent expected to continuously learn and develop in an ever-changing security landscape.
Our crew are our greatest resource - by joining our team you will build collaborative long-term relationships and enjoy a suite of benefits that includes comprehensive health and wellness care, work-life balance, and an investment in your future at its core.
Job Description
- Support Real-Time Fraud Controls: Develop, implement, and maintain fraud rules and detection strategies for participant transactions (e.g., withdrawals, loans, distributions).
- Monitor & Optimize Performance: Analyze fraud trends, rule performance, and key metrics to improve detection rates and reduce false positives.
- Conduct Data Analysis: Perform deep-dive analyses to identify emerging fraud patterns, vulnerabilities, and control gaps.
- Execute Rule Tuning: Adjust thresholds, logic, and segmentation to optimize real-time decisioning performance.
- Partner Cross-Functionally: Collaborate with Product, Engineering, and Operations to support fraud controls in new features and participant journeys.
- Support Investigations & Insights: Provide analytical support for fraud cases, root cause analysis, and loss mitigation efforts.
- Contribute to Reporting: Develop and deliver clear reporting on fraud trends, losses, and control effectiveness.
- Adhere to Governance: Ensure fraud controls are documented, tested, and aligned with risk and compliance standards.
QualificationsRequired Experience- 2+ years in fraud analytics, fraud strategy, or financial crimes
- Experience in at least one of the following: Fraud rules management / transaction monitoring Payments fraud, account takeover, or digital fraud risks
- Experience working with cross-functional teams in a matrixed environment
Technical & Analytical Skills- Strong analytical and problem-solving skills with experience using data to drive decisions
- Proficiency in SQL, SAS Python or other data analysis tools and data visualization tools such as Tableau or Power BI
- Familiarity with fraud rules engines or decisioning platforms (preferred)
- Basic understanding of fraud models or scoring methodologies.
Professional Skills- Strong written and verbal communication skills
- Ability to translate data insights into clear, actionable recommendations
- Detail-oriented with strong execution focus
- Collaborative mindset with ability to work across teams
Special FactorsSponsorshipVanguard is not offering visa sponsorship for this position.
About VanguardAt 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 WorkVanguard 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.
