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Fraud Operations Leader
Fraud Operations LeaderPennsylvania Staffing • Malvern, PA, US
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Fraud Operations Leader

Fraud Operations Leader

Pennsylvania Staffing • Malvern, PA, US
5 days ago
Job type
  • Full-time
Job description

Enterprise Security And Fraud Sub-Division

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.

Key Responsibilities

1. Fraud Operations Design & Transformation

  • Lead the design and build out of an end-to-end fraud operations model covering prevention / detection alert servicing, investigations, client communication, and recovery processes.
  • Define operating model blueprints - including team structure, workflow segmentation (e.g. by fraud typology or by payment type such as ACH, wire, check, digital vs non-digital), and performance metrics.
  • Introduce call-handling frameworks, fraud escalation procedures, and client experience standards aligned to regulatory and customer-centric expectations.
  • Collaborate with fraud strategy and technology teams to operationalize new controls, alerts, and authentication layers.

2. People Leadership & Capability Building

  • Recruit, train, and lead a team of fraud analysts, investigators, and team leads with a focus on analytical thinking, client empathy, and operational excellence.
  • Develop a culture of continuous improvement, accountability, and cross-functional collaboration.
  • Create training and certification programs for fraud operations staff to ensure readiness for new tools and evolving typologies.
  • 3. Tooling & Process Optimization

  • Partner with technology, data, and fraud strategy teams to select, test, and implement core fraud-management tools in operations (e.g., case management, CRM integration, call authentication solutions).
  • Redesign legacy processes and manual touchpoints into streamlined, automated, and well-controlled workflows.
  • Define functional requirements for tooling enhancements and integrations with upstream (detection) and downstream (servicing, client outreach) systems.
  • 4. Risk Management & Controls

  • Implement control frameworks for case handling, customer verification, loss prevention, and escalation management.
  • Ensure adherence to regulatory requirements as applicable (FINRA, Reg, AML / Fraud overlap) and internal audit standards.
  • Partner with risk / compliance to define thresholds, decisioning authority, and documentation standards.
  • 5. Client Experience & Communication

  • Partner with Vanguard client experience teams to design a fraud operations servicing experience that balances security and client satisfaction.
  • Establish SLAs and KPIs around response times, fraud alert decision quality, Average case handle time etc.
  • 6. Cross-Functional Partnership

  • Work closely with fraud prevention, product, and client facing operations teams to support new product launches and digital features.
  • Collaborate with finance, and other internal functions to track and report fraud losses and recovery performance.
  • Qualifications

  • Bachelor's degree in business, Risk Management, Operations, or related field.
  • 8+ years of experience in fraud operations, preferably within retail banking, payments, or fintech.
  • Proven experience in building or transforming fraud operations functions.
  • Deep understanding of fraud types (new accounts, account take over - ACH, wire, check, debit, digital), client authentication, and case management workflows.
  • Demonstrated ability to lead teams through operational change and technology adoption.
  • Strong understanding of regulatory requirements and control environments.
  • Special Factors

    Sponsorship : Vanguard is not offering visa sponsorship for this position.

    About Vanguard

    At Vanguard, we don't just have a missionwe'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.

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    Fraud • Malvern, PA, US

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