If the handle of the vice is pointing away from the ram, (It would be difficult to have a conventional vice sited so that it points towards the ram ) on the normal, outward, cutting stroke, the screw of the vice will be under compression.
The action of clamping the work will subject it to compression, anyway.
You could mount one of the Precision Vice, Type 2, as sold by Arc Euro. On this, the cutting forces are resisted by a round bar clamped into a slot. In this, the clamping screw is in tension, since it is pulling the bar into the slot, but not subjected to cutting forces.
Since it will see little use, and would cost more than I had paid for my Adept No.2 Shaper, I made a cheap, soft, and probably not very precise, version out of whatever material happened to be lying about.
How it was made is shown in the article in MEW 290
Howard