Fraud Investigation and Prevention Analyst, Specialist

Key Skills

AWS, Financial Risk, Leadership Skill, Management, Python Programming, R Programming, SQL

Job Description

Supports fraud prevention, detection, investigation and response for enterprise security programs and activities, including assessments, risk prioritization, mitigation planning, and execution consistent with law, regulations, standards, and guidelines unique to countries / localities. Identifies, reports, and assists with any large scale fraud events under general direction of management/senior fraud investigators.

About Vanguard

Vanguard Australia has been helping investors achieve their long-term financial goals for over 20 years. Serving institutional and individual clients, and financial advisers, we offer investment solutions that are low-cost, diversified and robust through time.

With more than AUD $9 trillion in assets under management Vanguard is one of the world’s largest global investment management companies. In Australia we partner with institutional clients, financial advisers and individual investors to offer low-cost investment solutions. Our comprehensive range of managed funds, exchange traded funds (ETFs) and tailored investment solutions are built to support long-term investment success for our clients.

The Team & Opportunity

Leads Contributes to, and executes fraud prevention, detection, investigation and response activities for fraud and enterprise security programs and activities, including assessments, risk prioritization, mitigation planning, and execution consistent with law, regulations, standards, and guidelines unique to countries / localities. Identifies, reports, and assists with any large scale fraud events under general direction of management/senior fraud investigators.

In this role, you will:

• Monitors, detects, and prevents fraud though transaction monitoring and daily control reviews.

• Assists in maintaining a record of reviews required for internal and external purposes.
• Supports in the creation and implementation of solutions to prevent fraud, based on fraud intelligence analysis.
• Provides regular updates, both formally and informally, to their line manager on the status of any reviews, analysis, and investigations, etc.
• Undertakes analysis and provides administrative support in the assessment and dissemination of fraud intelligence and supports fraud prevention and detection activities.
• Assists with general fraud administration.

What We Need?

• Relevant qualification or training in quantitative or technical field and/or deep industry experience in a anti-fraud, financial crime or aligned business discipline.
• Comfortable in identifying an initial business problem and proposing options for resolution.
• Basic Understanding of statistical modelling and/or machine learning techniques, with demonstrable proficiency in statistical programming languages (SQL, R, Python preferred). Experience of using big data frameworks and cloud computing, ideally AWS.
• Ability to present analysis outcomes and techniques in a clear, visual manner to both technical and non-technical stakeholders.
• Experience with text mining, analytics, unstructured data wrangling, cleaning, and sampling.
• Ability to engage with internal partners to gather data requirements to help achieve divisional goals.
• Financial service experience is a strong asset preferably within counter fraud/financial crime acumen: the role will involve partnering with non-technical SMEs to seek solutions to identify, prevent, detect and investigation of fraud.

Inclusion Statement

Vanguard’s continued commitment to diversity and inclusion is firmly rooted in our culture. Every decision we make to best serve our clients, crew (internally employees are referred to as crew), and communities is guided by one simple statement: “Do the right thing.”

We believe that a critical aspect of doing the right thing requires building diverse, inclusive, and highly effective teams of individuals who are as unique as the clients they serve.

We empower our crew to contribute their distinct strengths to achieving Vanguard’s core purpose through our values. When all crew members feel valued and included, our ability to collaborate and innovate is amplified, and we are united in delivering on Vanguard's core purpose.

Our core purpose: To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success.