As a Senior Risk Advisor, you will play a key role in shaping how Vanguard delivers safe, scalable, and customer-focused payment products, influencing risk decisions across debit card programs and emerging digital payment models.

In this role, you’ll partner directly with teams across product, technology, operations, compliance, and third-party providers (e.g., card processors, sponsor banks, and networks) to help design, launch, and scale new payment capabilities—ensuring risk is thoughtfully built into the customer experience from the start.

You’ll bring a practical, business-facing perspective to risk, helping teams make informed decisions as products evolve. From early-stage concept through launch and beyond, you’ll identify risks, shape controls, and guide strategy, influencing how Vanguard builds and supports modern payment experiences.

Core Responsibilities:

• Provide risk guidance, oversight, and assurance to enterprise and divisional partners, ensuring effective controls are in place across debit card programs and digital payment capabilities.
• Lead the development and execution of risk strategies that support new and evolving payment capabilities, including debit, real-time payments, and digital payment solutions.
• Build and maintain strong partnerships with product, technology, operations, legal, and compliance teams, serving as a trusted advisor throughout the payment product lifecycle.
• Translate complex payment, fraud, and regulatory considerations into clear, actionable guidance that supports decision-making by business and senior leaders.
• Evaluate and enhance the effectiveness of risk management practices across payment operations, identifying opportunities to strengthen controls, improve processes, and reduce risk exposure.
• Partner with cross-functional teams and third-party providers (e.g., processors, sponsor banks, card networks) to support the design, launch, and ongoing management of payment products in a regulated environment.
• Apply knowledge of the payments ecosystem to inform risk decisions, including transaction flows, money movement, and digital payment models across card and payment platforms.
• Advise on consumer protection and regulatory requirements (e.g., Reg E, disputes, error resolution) to ensure payment products operate in a compliant and customer-focused manner.
• Design and implement effective risk controls across payment operations, including customer onboarding, transaction monitoring, fraud and scam prevention, dispute handling, and risk limits.
• Assess the design and effectiveness of controls supporting payment products and transaction flows, recommending enhancements aligned with industry best practices and evolving payment models.
• Support ongoing risk management activities, strategic initiatives, and special projects related to payment and transactional product capabilities.

Requirements & Qualifications:

• 8+ years of experience in payments risk, product risk, or digital payments, with hands-on involvement in debit card programs, money movement, or payment platforms
• Experience supporting the design, launch, or major enhancement of payment products (e.g., debit cards, real-time payments, digital wallets, or embedded payments)
• Strong understanding of the payments ecosystem, including: issuer, processor, and card network models, transaction flows (authorization, settlement, disputes), third-party and sponsor bank relationships
• Demonstrated ability to provide risk guidance in a product or business context, not limited to fraud detection or audit activities
• Experience working across multiple risk areas, such as: fraud and scam prevention, transaction monitoring, dispute handling / Reg E, operational and third-party risk
• Proven ability to partner with product, technology, operations, legal, and compliance teams to support sound decision-making during product development and delivery
• Ability to translate complex payment and risk concepts into clear, practical guidance for business stakeholders and leadership

Ideal Experience for this person also includes the following:

• Experience with real-time payments (RTP), tokenization, or digital wallets (Apple Pay, Google Pay, etc.)
• Background in card issuing, fintech, or digital banking environments
• Familiarity with consumer protection regulations impacting payments (e.g., Reg E)
• Payments or risk certifications (e.g., NACHA, AAP, CRCM)

Our commitment to equal employment opportunity

Vanguard is an equal opportunity employer. Vanguard is committed to providing all crew members a working environment that is free from discrimination, prejudice and bias. Through this Equal Employment Opportunity (EEO) Policy, Vanguard reaffirms its commitment to equal employment opportunity for all applicants and crew members without regard to race, color, national origin or ancestry, religion, gender, sex, sexual orientation, gender identity or expression, age, disability, marital status, veteran or military status. In addition, Vanguard prohibits discrimination based on genetic information, as well as any other characteristic protected by federal, state or local law.

Applicants with disabilities may be entitled to reasonable accommodation under the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on Vanguard. Please inform careers@vanguard.com if you need assistance completing this application or to otherwise participate in the application process.