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Fraud Risk Management Jobs in Pennsylvania (NOW HIRING)

Director Fraud Strategy

Chadds Ford, PA · On-site

$154K - $347K/yr

Seven years or more experience demonstrated understanding of risk management disciplines, varying analytic practices and fraud risk concepts. * Proven success in analyzing large amounts of data which ...

Job Summary This job leads the Fraud Risk Management team in developing operational strategies and managing fraud detection and vendor relations. It entails hiring, training, and guiding staff, with ...

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Fraud Risk Management information

See Pennsylvania salary details

$51.6K

$111.8K

$170.4K

How much do fraud risk management jobs pay per year?

As of Aug 30, 2026, the average yearly pay for fraud risk management in Pennsylvania is $111,824.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,200.00 and $129,300.00 per year, depending on experience, location, and employer.

What is fraud risk management?

A Fraud Risk Management job involves identifying, assessing, and mitigating risks related to fraudulent activities within an organization. Professionals in this role develop and implement policies, controls, and monitoring systems to prevent fraud and financial crimes. They work closely with compliance, legal, and operational teams to investigate suspicious activities and ensure regulatory compliance. The goal is to minimize financial losses and protect the organization's reputation.

What are the key skills and qualifications needed for fraud risk management?

To thrive in Fraud Risk Management, you need strong analytical skills, attention to detail, and a solid understanding of financial systems, often supported by degrees in finance, accounting, or related fields. Familiarity with fraud detection software, data analysis tools like SQL or SAS, and industry certifications such as CFE (Certified Fraud Examiner) are highly valued. Excellent communication, problem-solving abilities, and ethical integrity are critical soft skills for collaborating with teams and handling sensitive investigations. These skills and qualities are essential to effectively identify, investigate, and mitigate fraud risks, protecting organizational assets and maintaining compliance.

What are some common challenges faced in fraud risk management roles and how are they addressed?

Professionals in Fraud Risk Management often face challenges such as staying ahead of constantly evolving fraud tactics, analyzing large volumes of transactional data, and ensuring compliance with regulatory standards. To address these challenges, teams typically employ advanced analytic tools, collaborate cross-functionally with IT and compliance departments, and engage in continuous training to stay updated on emerging threats. The work environment is dynamic and may involve both independent analysis and team-based investigations, fostering a culture of vigilance and proactive risk mitigation. This dynamic landscape offers professionals the opportunity to develop specialized expertise and grow into senior risk or leadership roles over time.

How to become a fraud risk management analyst?

To become a fraud risk management analyst, candidates typically need a bachelor's degree in finance, accounting, or a related field. Relevant skills include data analysis, knowledge of fraud detection tools, and understanding of financial regulations; certifications like Certified Fraud Examiner (CFE) can enhance prospects. Gaining experience in risk assessment or financial auditing is also beneficial.

Is working in fraud risk management a good career?

Fraud risk management is a growing field that involves detecting and preventing financial crimes, often requiring skills in data analysis, investigation, and knowledge of financial systems. It offers opportunities for advancement, certifications like Certified Fraud Examiner (CFE), and typically involves a stable work environment with regular hours. Overall, it can be a rewarding career for those interested in security and financial integrity.

What does a fraud risk management do?

A fraud risk management professional identifies, assesses, and implements strategies to detect and prevent fraudulent activities within an organization. They analyze data, develop controls, and monitor transactions to reduce financial losses and ensure compliance with regulations. Strong analytical skills and knowledge of fraud detection tools are essential in this role.

What are the most commonly searched types of Fraud Risk Management jobs in Pennsylvania?

The most popular types of Fraud Risk Management jobs in Pennsylvania are:

What are popular job titles related to Fraud Risk Management jobs in Pennsylvania?

For Fraud Risk Management jobs in Pennsylvania, the most frequently searched job titles are:

What job categories do people searching Fraud Risk Management jobs in Pennsylvania look for?

The top searched job categories for Fraud Risk Management jobs in Pennsylvania are:

Infographic showing various Fraud Risk Management job openings in Pennsylvania as of August 2026, with employment types broken down into 1% As Needed, 79% Full Time, 18% Part Time, and 2% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $111,824 per year, or $53.8 per hour.

Fraud Risk Strategy, Senior Specialist

Malvern, PA • On-site


The Vanguard Group, Inc.

8.7

Company rating: 8.7 out of 10

Based on 64 frontline employees who took The Breakroom Quiz

16th of 152 rated financial services

Good employer

Recommended by students

Paid breaks


$96K/yr

Full-time

Posted 2 days ago

New


Job description

This individual contributor role within Vanguard's Personal Wealth Control and Oversight team is responsible for strengthening fraud risk management through proactive market awareness, control innovation, and product risk evaluation.

Responsibilities:

  • Participate in industry forums, peer networks, and external engagements to stay current on emerging fraud threats, evolving attack patterns, and innovative technology solutions relevant to Personal Wealth.

  • Monitor industry trends, regulatory developments, and market practices to identify opportunities to strengthen fraud oversight capabilities.

  • Identify, assess, and lead opportunities for process improvement and efficiency gains across fraud risk and control activities, leveraging existing tools, automation, and new technology solutions.

  • Evaluate and apply artificial intelligence and other advanced technologies, where appropriate, to improve governance, streamline workflows, and enhance risk detection and decision support.

  • Assess new and existing fraud technology solutions, including vendor products and internal capabilities, to determine fit, effectiveness, scalability, and alignment with business and control objectives.

  • Partner with cross-functional stakeholders across enterprise fraud, product, technology, operations, risk, compliance, and legal to drive practical, business-aligned fraud risk solutions.

  • Develop recommendations and business cases for control enhancements, automation opportunities, and technology adoption based on risk exposure, operational impact, and implementation feasibility.

  • Support governance, reporting, and ongoing oversight activities by documenting findings, communicating insights, and tracking recommendations through execution.

Qualifications:

  • Experience in fraud risk management, controls, operational risk, or oversight within wealth management, brokerage, banking, or financial services.

  • Strong understanding of fraud threats, control design, and risk assessment practices across client, operational, and digital channels.

  • Demonstrated ability to identify process improvement opportunities and translate them into practical, scalable solutions.

  • Familiarity with automation, analytics, and AI-enabled capabilities relevant to fraud risk management and control optimization.

  • Experience evaluating products, processes, or technology solutions through a risk and control lens.

  • Strong written and verbal communication skills, with the ability to influence stakeholders and present recommendations clearly.

  • Ability to operate independently, manage competing priorities, and collaborate effectively across a matrixed organization.

  • Bachelor's degree required; advanced degree or relevant certifications preferred.

Special Factors

Sponsorship

Vanguard is not offering visa sponsorship for this position.

About Vanguard

At Vanguard, we don't just have a mission-we'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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