Senior Compliance Director

Serves as a high-level subject matter expert and part of a global team managing enterprise-wide financial crimes program. Leads a team of financial crimes specialists responsible for financial crimes governance, risk and strategy, and technology oversight. Senior leader will manage AML oversight process, including risk assessments, board reporting, metrics, business line oversight and regulatory inquiries. Enhances and oversees data analytics and model risk management processes. Leads global technology coordination efforts, including oversight of technology partners and solutions. Helps set strategic priorities and direction for department. Develops and oversees the implementation of monitoring programs and procedures to ensure regulatory compliance and protect shareholder assets. Serves as a trusted advisor to the business and partners with leaders to deliver solutions to complex and elevated issues.

Core Responsibilities:

• Hires, evaluates, and supervises crew. Provides guidance and training as necessary to develop crew. Sets performance standards, reviews performance, and makes informed compensation decisions in accordance with all applicable Human Resources policies and procedures.
• Serves as a subject matter expert and provides leadership and oversight for Financial Crimes operations related to utilizing Data Analytics to improve detection scenarios and assist in uncovering networks and supporting investigations.
• Designs, oversees and consults on the design, implementation, execution, and maintenance of new AML compliance standards, policies and procedures.
• Provides strategic Financial Crimes compliance support for business initiatives and regulations, works collaboratively with all business leaders and other impacted departments, and coordinates efforts across stakeholder groups to analyze and assess readiness for change.
• Manages and oversees the review and analysis of internal due diligence reports and alerts. Resolves exceptions, including highly complex issues escalated by the team.
• Oversees the preparation and submission of required internal and external reporting in accordance with departmental policies and regulatory guidelines.
• Oversees 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 the senior 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.
• Stays abreast of regulatory developments. Provides oversight and direction for internal and communications, including the effective and timely communication with the business and other stakeholders. Serves as a trusted advisor to consult with business leaders on the potential impact.
• Leads the training and development of junior staff within the department.
• Participates in special projects and performs other duties as assigned.

Qualifications:

• Minimum of ten years related work experience. Financial crimes experience preferred. Supervisory 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

We are Vanguard. Together, we’re changing the way the world invests.

For us, investing doesn’t just end in value. It starts with values. Because when you invest with courage, when you invest with clarity, and when you invest with care, you can get so much more in return. We invest with purpose – and that’s how we’ve become a global market leader. Here, we grow by doing the right thing for the people we serve. And so can you.

We want to make success accessible to everyone. This is our opportunity. Let’s make it count.

Inclusion Statement

Vanguard’s continued commitment to diversity and inclusion is firmly rooted in our culture. Every decision we make to best serve our clients, crew (internally employees are referred to as crew), and communities is guided by one simple statement: “Do the right thing.”

We believe that a critical aspect of doing the right thing requires building diverse, inclusive, and highly effective teams of individuals who are as unique as the clients they serve. We empower our crew to contribute their distinct strengths to achieving Vanguard’s core purpose through our values.

When all crew members feel valued and included, our ability to collaborate and innovate is amplified, and we are united in delivering on Vanguard’s core purpose.

Our core purpose: To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success.

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.