Fraud Strategy Senior Analyst

We are seeking a fraud strategy professional to own, manage, and continuously optimize fraud rules and controls across debit cards, ACH-like products, and real‑time payment rails (e.g., Zelle, RTP, Bill Pay). The senior analyst will be responsible for the end‑to‑end real‑time decisioning ecosystem—including fraud rules, detection logic, risk assessments, control performance, and customer experience trade‑offs—while partnering with Product, Engineering, Risk, and Operations to implement scalable, modern fraud prevention solutions.

The ideal candidate brings domain expertise in debit and real‑time payments fraud, strong technical acumen in rules engines and analytics, and a proven ability to translate performance insights into rule enhancements, control tuning, and measurable fraud loss and false‑positive improvements.

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.

• Own Fraud Strategy & Rule Coverage:
• Manage Real‑Time Decisioning Rules:
• Enhance Rules Engine Capabilities:
• Optimize Performance Outcomes:
• Analyze Performance & Identify Rule Opportunities:
• Partner on Strategy Execution:
• Communicate Strategy Performance:
• Ensure Strong Governance:

• 5-8+ years in fraud risk, payments risk, or financial crimes
• Deep expertise in:
  Card fraud strategy (CNP and CP) for card issuers or merchants, as well as knowledge of Real‑time payments (Zelle, RTP, P2P, Bill Pay and other emerging payments)
• Proven experience owning and optimizing real‑time fraud decisioning rules, thresholds, and strategies
• Experience translating fraud strategy requirements into rules engine changes in partnership with Product, Engineering, Risk, and Operations
• Bachelor’s degree in Statistics, Mathematics, Data Science, Finance, Computer Science, or a related field. Graduate degree preferred.

• Expertise in fraud rules engines / decisioning platforms
• Strong analytical capabilities in segmentation, rule performance measurement, A/B or champion/challenger testing, and optimization
• Working knowledge of fraud models / machine learning concepts and model governance
• Ability to translate data into actionable fraud rule changes, strategy recommendations, and measurable performance improvements
• Strong experience with analytical tools such as Python, R, SAS, SQL, and platforms such as Tableau or Power BI.

• Ability to explain rule strategy, optimization rationale, performance results, and risk trade‑offs to business and technical partners
• Excellent written and verbal communication skills for documenting strategy changes, testing outcomes, and performance insights
• Collaborative approach to aligning rule changes with operational readiness, product requirements, and risk governance expectations

Vanguard is offering visa sponsorship for this position.

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.

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.