Senior Compliance Specialist

About Vanguard

More than 45 years ago John C. Bogle was a visionary that started an investment company that did things differently. A company with no external shareholders. Where all the profits were invested back into the business and used increased scale to lower costs. Evidently it was as bold as it was brilliant. To this day Vanguard Group still has no external shareholders. That means no share prices to protect and no profits to generate for outside owners.

Today Vanguard is one of the worlds largest investment management companies serving more than 50 million investors worldwide. For almost 30 years Vanguard Australia has been supporting individual investors financial advisers and superannuation members to achieve their long-term financial goals.

To support this unique business the Compliance team needs an experienced regulatory specialist to lead the end-to-end coordination of regulatory change across the enterprise for the Australia jurisdiction. Ensures timely identification impact assessment planning and implementation of regulatory changes and maintains appropriate governance practices to ensure effective management of regulatory change. Working closely with the public policy team this role will also coordinate regulatory compliance input on key regulatory change initiatives.

Core Responsibilities

• Own the regulatory change coordination process: source triage impact analysis prioritization delivery planning and post implementation review; maintain consistent methods and artifacts (change register impact assessments implementation plans testing/validation evidence and closure criteria).

• Own the key activities that implements the Global Regulatory Change Management Process and supporting procedures ensuring alignment to Vanguard Australia compliance management practices and global processes; socialize updates with stakeholders and provide practical guidance for adoption.

• Obligations management linkage: translate regulatory changes into developing new or amending relevant existing records of obligations controls monitoring requirements and attestations.

• Stakeholder engagement & communication: support business advisory teams within the Compliance function to advise business owners and control operators on upcoming changes; where required coordinate workshops and SME reviews; and deliver timely status updates to Risk Legal Compliance and other 1st line teams as required.

• Oversight Practices: plan and run regulatory change forums (agenda materials actions) track decisions and actions and escalate issues/risks resourcing constraints and delivery slippage.

• Reporting & transparency: produce high quality progress reports dashboards and executive summaries covering pipeline milestones issues dependencies and readiness for go live.

• Public Policy Support: support the Public Policy team to coordinate the provision of relevant specialist input to address any significant matter of upcoming regulatory change or lobbying initiative.

• Systems to support regulatory change: utilize relevant GRC systems (e.g. Archer) to record obligations and change activities track action plans and maintain authoritative data sources; contribute to enhancements and data quality initiatives.

Qualifications

Essential:

• Minimum of five years related work experience with at least two years within a financial services.
• Undergraduate degree or equivalent combination of training and experience.
• Strong knowledge of Australian financial services laws and regulators (e.g. Corporations Act ASIC Act APRA prudential standards) and how they translate into obligations and controls.
• Demonstrated capability coordinating complex regulatory change initiativesimpact assessment multiteam delivery evidence capture and auditready documentation.
• Proficiency with GRC platforms (e.g. Archer IRM) for obligations/change records action plan tracking and reporting.
• Excellent stakeholder management communication and facilitation skills with the ability to influence at senior levels and drive clarity amid ambiguity.
• Analytical mindset with strong written skillsable to synthesize regulatory texts into actionable obligations control requirements and change plans.
• Organized outcomesfocused able to manage multiple changes concurrently and meet firm deadlines.

Preferred

• Experience maintaining Regulatory Change Management Process and linking it to an enterprise CMF.
• Prior ownership of regulatory change forums and executive reporting cadences.

Inclusion Statement

Vanguards 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 Vanguards 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 Vanguards 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.