Senior Fraud Strategy Manager – Debit and Payments

Vanguard

Senior Manager leading fraud strategy for debit and payments at Vanguard. Overseeing fraud controls and managing a high-performing team of fraud strategy professionals.

Posted 5/28/2026full-timeMalvern • North Carolina, Pennsylvania • 🇺🇸 United StatesSeniorWebsite

Tech Stack

Tools & technologies

PythonRuby on RailsSQLTableau

About the role

Key responsibilities & impact

Lead the strategy, execution, and continuous optimization of fraud controls across debit cards, ACH-like products, and real-time payment rails
Design and manage fraud rules, decision logic, and detection strategies within real-time decisioning platforms
Drive enhancements and implementation of fraud rules engines and decisioning platforms in partnership with engineering
Monitor and improve fraud detection, false positives, and client friction through ongoing control tuning and performance management
Use analytics and model insights to identify trends, refine strategies, and improve detection effectiveness
Collaborate with Product, Engineering, Risk, and Operations to embed fraud controls into customer journeys and new product launches
Communicate fraud risk, performance, and trade-offs clearly through strong executive storytelling
Build and manage a high-performing team of fraud strategy and analytics professionals
Maintain disciplined control testing, monitoring, and adherence to risk and regulatory standards.

Requirements

What you’ll need

10+ years in fraud risk, payments risk, or financial crimes
Deep expertise in: Debit card fraud (CNP and CP), Real-time payments (Zelle, RTP, P2P, Bill Pay and other emerging payments)
5+ years of people management experience leading high-performing teams
Proven experience managing real-time fraud decisioning environments and rules strategies
Strong experience partnering across 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 (data analysis, segmentation, performance optimization)
Working knowledge of fraud models / machine learning concepts and model governance
Ability to translate data into actionable fraud strategies and business decisions
Strong experience with analytical tools such as Python, R, SAS, SQL, and platforms such as Tableau or Power BI.

Benefits

Comp & perks

Health insurance
401(k) matching
Flexible working hours
Paid time off
Professional development opportunities

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

fraud riskpayments riskfinancial crimesdebit card fraudreal-time paymentsfraud rules enginesdecisioning platformsdata analysisperformance optimizationmachine learning

Soft Skills

team managementcollaborationcommunicationanalytical capabilitiesexecutive storytellingstrategic thinkingproblem-solvingperformance managementcontrol testingrisk management