Fraud Risk Strategy Lead, Personal Wealth

Vanguard; Scottsdale (AZ); Hybrid; USD 120,000 - 190,000; Full time

Job summary

Vanguard seeks a Fraud Risk Manager within Personal Wealth to lead a forward-looking fraud roadmap, safeguarding clients and supporting risk-informed decisions. You will shape monitoring programs, assess controls, and communicate findings to leadership.

The role requires collaboration with Enterprise Fraud, Product, Privacy, and Operations, guiding policy development and governance while balancing risk with client experience.

Qualifications

• Bachelor’s degree or equivalent in a relevant field; advanced degree preferred.
• Experience in fraud risk management, privacy risk, operational risk, compliance, or financial services risk oversight.
• Strong understanding of fraud monitoring, control design, risk assessments, and incident response.
• Ability to balance risk mitigation with client experience and operational efficiency.
• Demonstrated experience working cross-functionally with enterprise partners and influencing decision‑making.
• Strong analytical, problem‑solving, and communication skills.
• Knowledge of fraud typologies, privacy considerations, and risk management practices within financial services is preferred.
• Professional certifications in fraud (CFE) a plus.

Responsibilities

• Develop and execute the fraud risk roadmap in alignment with business priorities, regulatory expectations, and enterprise objectives.
• Design, develop, and oversee the fraud monitoring program, including evaluation of controls and strategies to improve risk reduction, client experience, catastrophic loss protection, and false positive reduction.
• Partner with Enterprise Fraud, Product, Privacy, Operations, and other business stakeholders to implement effective fraud and privacy risk mitigation solutions with an emphasis on client experience.
• Serve as the fraud subject matter expert for the Personal Wealth business, advising on significant fraud events, escalations, and emerging risk matters.
• Conduct fraud risk assessments to identify, evaluate, and communicate control gaps, vulnerabilities, and areas for process improvement.
• Support the development of policies, procedures, and governance practices related to fraud and privacy risk management.
• Prepare clear risk insights, assessment findings, and recommendations for leadership and cross-functional partners.
• Contribute to strategic initiatives and special projects related to fraud prevention.

Skills

Fraud risk management

Privacy risk

Cross-functional collaboration

Analytical skills

Communication skills

Risk assessment

Education

Bachelor’s degree or equivalent

Advanced degree preferred

Tools

Fraud monitoring platforms

Privacy risk tools

Job description

Vanguard seeks a Fraud Risk Manager within Personal Wealth to lead a forward-looking fraud roadmap, safeguarding clients and supporting risk-informed decisions. You will shape monitoring programs, assess controls, and communicate findings to leadership.

The role requires collaboration with Enterprise Fraud, Product, Privacy, and Operations, guiding policy development and governance while balancing risk with client experience.