Senior Director Head of Financial Crimes Compliance
Senior Director Head of Financial Crimes Compliance
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1 Vacancy
Job Description
This executive role serves as part of the Senior Leadership team running the financial crimes compliance program globally for Vanguard with specific responsibility for the Governance and Strategy program.The Financial Crime Compliance Governance and Strategy program includes program management data and model management and oversees technology strategy for the financial crimes compliance program. This highly technical executive subject matter expert will enhance and oversee policy governance metrics and analytics board reporting regulatory engagement emerging risks technology and model validation training and quality assurance. As part of the senior leadership team running the financial crimes program overall the role will help set strategic priorities and direction for department and interact regularly with second line partners as well as business leaders. The successful candidate will manage a team drive reporting and ensure accountability to accomplish the programs goals.
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 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 and maintenance of new 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 Vanguards financial crimes compliance program.
- Maintains expert knowledge and awareness of the investment industry and compliance developments with implications for Vanguards 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:
- Undergraduate degree required; graduate degree preferred JD ideal.
- 10 years experience working in financial crimes compliance or legal function
- Experience in the securities industry including asset management or broker dealer/investment adviser
Special Factors
Sponsorship
Vanguard is not offering visa sponsorship for this position.About Vanguard
At Vanguard we dont just have a missionwere on a mission.
To work for the longterm 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
Vanguards 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 diverseone 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 progressfrom 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 were on a mission. We are fueled by the value of diverse voices and connected through friendships and a culture of carefor our clients our communities and each other.
Vanguards 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 inperson learning collaboration and connection. We believe our missiondriven and highly collaborative culture is a critical enabler to support longterm client outcomes and enrich the employee experience.
Required Experience:
Exec
Employment Type
Full-Time
