Fraud Investigation and Prevention Analyst

At Vanguard, protecting our clients and their assets is fundamental to our purpose. The Fraud Investigations & Prevention Analyst plays a key role in delivering this by leading high-quality fraud investigations and strengthening our control environment.

This role operates as an investigator and operational lead, bridging frontline investigative activity and strategic direction. It combines deep investigative expertise with oversight, decision-making and coaching responsibility, ensuring consistent delivery of robust, risk-based outcomes.

Working closely with the team, this role translates strategic priorities into clear direction, structured delivery, and continuous improvement, while supporting the development of investigators and enhancing Vanguard's fraud prevention framework.

Key Responsibilities

Fraud investigations

• Lead and oversee fraud investigations, ensuring timely, consistent, and high-quality outcomes aligned to Vanguard standards and regulatory expectations.
• Appropriately disposition fraud alerts in line with fraud procedures.
• Review and approve investigative outputs, ensuring robust decision-making, accurate risk assessment, and clear documentation.
• Prioritise and direct investigative workloads, balancing risk, client impact, and operational demand.
• Act as a key escalation point for complex or high-risk cases, providing clear direction and making sound, risk-based decisions

• Conduct end-to-end investigations into complex or sensitive fraud cases.
• Identify emerging fraud risks, trends, and control vulnerabilities, providing insight-led recommendations to strengthen prevention and detection capabilities.
• Ensure investigations are thoroughly documented, maintaining clear case records and audit-ready reporting.
• Contribute to the ongoing enhancement of fraud detection, prevention, and response frameworks.

• Provide day-to-day guidance, coaching, and technical support to junior investigators.
• Embed high standards of investigative practice, including structured decision-making, documentation, and case management.
• Conduct quality assurance reviews to ensure alignment with best practice and regulatory expectations.
• Support onboarding, training, and development initiatives.

• Build strong relationships with internal stakeholders across risk, compliance, internal audit, operations, and technology functions.
• Act as a subject matter expert on fraud risks, providing clear and actionable insight
• Support delivery of strategic fraud initiatives.
• Contribute to collaboration with external partners and industry networks.

• Support the refinement of fraud policies, controls, and procedures.
• Identify opportunities to improve investigations and controls.
• Contribute to projects strengthening fraud risk management.

• Minimum five years in fraud investigations preferably within financial services.
• Strong understanding of fraud typologies and investigative techniques.
• Ability to manage complex cases and apply sound judgement.
• Experience identifying trends to improve controls.

• Ability to provide oversight and direction within a team.
• Experience coaching or mentoring colleagues.
• Strong organisational skills and ability to prioritise.

• Strong written and verbal communication skills.
• Ability to influence stakeholders across business functions.
• Ability to present complex risks clearly.

• Certified Fraud Examiner (CFE) or equivalent.
• Experience with fraud projects or control enhancements.
• Knowledge of fraud detection tools or analytics platforms.
• Experience working with external organisations.