Fraud Investigation and Prevention Analyst, Specialist

Vanguard - Malvern, PA

Full-time - Mid Level

Hybrid - Malvern, PA

Funds, Trusts, and Other Financial Vehicles

About the position

The Fraud Investigation and Prevention Analyst will execute fraud prevention, detection, investigation, and response activities for the Global Fraud Prevention Team (GFPT). Identifies and mitigates fraudulent attempts and/or activity. Reports on any fraud trends and assists with large-scale fraud events under general direction of Management/Senior Fraud Investigators. The role involves conducting comprehensive daily reviews of existing detective alerting and reporting, quickly identifying emerging fraud trends, and determining the scope of risk and loss. The analyst will communicate findings via appropriate channels and regularly conduct a thoroughly documented trending analysis to recommend and develop additional detective mitigations. Familiarity with current fraud prevention/detection systems and tools is essential, as well as maintaining awareness of existing functionality and gaps. The analyst will also be a Subject Matter Expert (SME) of the Vanguard fraud landscape, establishing effective business partnerships with multiple teams, including Fraud Analytics, Fraud Strategy, and Fraud Investigations. Researching and recommending fraud prevention and detection solutions, focusing on the development of automated systems and improvements in anti-fraud controls within business systems and processes, is also a key responsibility. The analyst will conduct regular readouts to Senior Management and participate in special projects as assigned.

Responsibilities

• Conducts comprehensive daily reviews of existing detective alerting and reporting.
• Quickly identifies emerging fraud trends and determines scope of risk and loss; communicates via the appropriate channels.
• Regularly conducts a thoroughly documented trending analysis; utilizes findings to recommend and develop additional detective mitigations.
• Familiar with current fraud prevention/detection systems and tools; maintains awareness of existing functionality and gaps.
• Supports the Fraud Product team, as needed.
• Acts as Subject Matter Expert (SME) of the Vanguard fraud landscape; is intricately familiar with existing fraud risks, controls, and vulnerabilities.
• Establishes an effective and ongoing business partnership with multiple teams, including Fraud Analytics, Fraud Strategy, and Fraud Investigations.
• Develops and maintains an established network of internal and external contacts to gather, exchange, and execute insight into actionable fraud, cyber, and security trends.
• Researches and recommends fraud prevention and detection solutions, focusing on development of automated systems and improvements in anti-fraud controls.
• Conducts regular readouts to Senior Management.
• Participates in special projects and performs other duties, as assigned.

Requirements

• Minimum of three years related work experience with two years in fraud investigation and/or prevention.
• Undergraduate degree required.
• Discernable ability to work in a fast-paced environment with significant skills in communication, multitasking, and problem-solving.

Benefits

• Comprehensive health and wellness care.
• Work-life balance.
• Investment in your future.