Full-Time

Risk Advisor

Global Investment Service and Operations

Posted on 12/11/2024

Vanguard

Vanguard

10,001+ employees

Client-owned investment management firm offering low-cost funds

Fintech
Financial Services

Senior

H1B Sponsorship Available

Malvern, PA, USA

Hybrid working model requires in-office presence.

Category
Risk Management
Finance & Banking
Requirements
  • Minimum of five years related work experience, with two years’ experience in risk management or a related field.
  • Understanding of the investment and mutual fund life cycle
  • Undergraduate degree or equivalent combination of training and experience. Graduate degree preferred.
Responsibilities
  • Provides risk guidance, oversight, and assurance services to enterprise and divisional partners based on the Vanguard's operational and strategic risk framework.
  • Manages the efficiency and effectiveness of risk management within the business. Sets measurable goals and examines ways to raise standards, to increase quality and to improve overall risk management efforts of the team. Monitors progress and measures departmental success in identifying and managing risk exposure.
  • Leads and assists the business in the development, implementation and management of short- and long-term risk management strategies in accordance with department goals and objectives as well as standard risk management policies and procedures.
  • Works with the business to mitigate risks and optimize process efficiency. Uses industry best practice knowledge to design effective controls, and makes recommendations for developing new risk management strategies for the business. Provides consultation, facilitation and analytical support to the divisional management team as new products, services, processes and procedures are developed to ensure risk is properly mitigated.
  • Develops strong relationships with enterprise and divisional clients to understand their ongoing risk needs. Builds credibility as a thought partner.
  • Assesses the design of existing controls and make recommendations, leverages industry best practice for improvement as needed. Understands the risk management framework and utilizes the core concepts when discussing risk exposures with the business.
  • Participates in special projects and performs other duties as assigned.

Vanguard provides financial services with a focus on investment management. The company offers a variety of products, including mutual funds, exchange-traded funds (ETFs), individual retirement accounts (IRAs), and 401k rollovers, aimed at individual investors, financial advisors, and institutions. Vanguard's unique ownership structure means it is owned by its funds, which are in turn owned by the clients, allowing it to prioritize the needs of its investors over external shareholders. This model enables Vanguard to offer low-cost investment options, as it primarily earns revenue through management fees that are generally lower than industry standards. The company also provides personalized investment advisory services, charging fees based on the assets managed. Vanguard's goal is to help clients grow their wealth and achieve their financial objectives through effective investment strategies, while maintaining a competitive performance in the market.

Company Stage

Private

Total Funding

N/A

Headquarters

Kline Township, Pennsylvania

Founded

1975

Simplify Jobs

Simplify's Take

What believers are saying

  • Vanguard plans to launch active fixed income ETFs, attracting investors seeking diversified holdings.
  • The acquisition of Steelcase shares diversifies Vanguard's portfolio into the growing furniture sector.
  • Launching the International Dividend Growth Fund attracts investors interested in sustainable dividend growth.

What critics are saying

  • Competition from AI-driven platforms like Writer challenges Vanguard's traditional advisory services.
  • Vanguard's Steelcase investment exposes it to the volatile furniture industry.
  • New active bond ETFs may face challenges from market volatility and interest rate fluctuations.

What makes Vanguard unique

  • Vanguard is client-owned, aligning its interests with investors, unlike traditional firms.
  • It offers low-cost investment products, making it attractive to cost-conscious investors.
  • Vanguard's ownership structure focuses on serving investors, not external shareholders.

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Benefits

Best-in-class medical, dental & vision coverage

Onsite health clinic & fitness center

Health Smart Rewards program

Vanguard Retirement Savings Plan

Education Benefits

PTO

Family Planning Benefist

Parental leave

Personal development opportunities

Volunteer Time Off