Compliance Director

This role is responsible for the development, implementation, and maintenance of compliance processes and program activities. Performs complex compliance sanctions reviews. Serves as a trusted advisor to Financial Crimes and provides guidance and oversight of regulated activities.

Core Responsibilities:

• Leads and oversees sanctions compliance processes, including monitoring of trading in the funds, and client screening and transactions.
• Leads and oversees day-to-day monitoring, client due diligence, and client identity management program activities to detect suspicious activity across Vanguard’s existing and new client base. Oversees the work of more junior team members.
• Sets, implements, and maintains policies and procedures for the general operation of the financial crimes compliance program and its related activities. Oversees and consults on the design, implementation, execution, and maintenance of new compliance standards. 
• Oversees the review and analysis of internal due diligence reports and alerts. Resolves exceptions, including highly complex issues escalated by the team.
• Leads the preparation and submission of required internal and external reporting in accordance with departmental policies and regulatory guidelines.
• Implements corrective action plans for resolution of complex, problematic issues. Recommends practices to reduce potential for violations and noncompliance related to Vanguard’s financial crimes compliance program.
• Maintains expert knowledge and awareness of the investment industry and compliance developments with implications for Vanguard’s financial crimes program. Stays abreast of current market, regulatory and industry relevant news. Serves as an expert and consultant related to compliance issues. Utilizes expertise to provide guidance and leadership on complex compliance related issues. Acts as a liaison to regulatory agencies.
• Participates in special projects and performs other duties as assigned.

Qualifications:

• Minimum of eight years related work experience. Financial crimes experience preferred.
• Undergraduate degree or equivalent combination of training and experience. Graduate degree 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.

Our commitment to diversity, equity, and inclusion

Vanguard’s commitment to diversity, equity, and inclusion (DEI) is central to our ability to deliver on our mission. We aspire to create a work environment that is inclusive, equitable, and diverse—one that enables our employees, whom we call crew, to thrive and bring their best selves to work every day on behalf of our clients.

Cultivating DEI lifts our entire organization, and everyone shares accountability for our progress—from our senior leaders who lay the foundation and set the example for inclusive behaviors to crew who are growing in their personal DEI learning experiences.

Together, we’re on a mission. We are fueled by the value of diverse voices and connected through friendships and a culture of care—for our clients, our communities, and each other.    

Vanguard’s DEI journey has no finish line. Our commitment is enduring, and we remain focused on the path ahead. To learn more about Vanguard goals and progress toward DEI, download our Diversity, Equity, and Inclusion Report.

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.