Financial Crime Detection Associate

About Vanguard

More than 45 years ago John C. Bogle had a visionto startan investment company that did things differently. A company with no external shareholders. Where all the profits were invested back into the business and used to lower costs.Evidently itwas 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 than50 million investorsworldwide. For more than 25 years Vanguard Australia has been supporting individual investors financial advisers and superannuation members to achieve their long-term financial goals.

Financial Crime Detection (FCD) supports theinitialreview and dispositioning of transaction monitoring and name screening alerts. This role will include transaction monitoring activities across varying account types (e.g. individual companies trusts) and across several Vanguard offerings (e.g. retail institutional superannuation). This role works collaboratively within the FCD team and with stakeholders across Financial Crime Operations (FCO).

Core Responsibilities:

• Conduct first-round critical analysis of alerts generated via the Transaction Monitoring Program (TMP) to detect and assess financial crime risk.

• Manage and clear alerts generated in the Transaction Monitoring (TM) System within designated SLAs KPIs and quality targets.

• Escalate unusual matters to Seniors inFinancial Crime Operations or the FCD Team Leader.

• Interpret transaction data to pursue lines of inquiryregardingcustomerssourceof funds beneficial owners and related parties.

• Provide support toFinancialCrime Operations team and aid understanding of new cases and emerging financial crime typologies.

• Assistin the assessment of matters related to screening of customers for PEPs Relatives/Close Associates Adverse Media and Third-Party Risk.

• Identifynew and emerging financial crime trends and risks.

• Support FCO leaders and seniors in delivering project-based initiatives

Qualifications

• Relevant work experience or transferable skills relating to financial crime AML/CTF transaction monitoring or a related field (e.g.forensics compliance risk)

• Knowledge of AML typologies customer screening requirements transaction monitoring PEPs or Enhanced Customer Due Diligence (ECDD) obligations.

• Formal training/qualifications in AML/CTF and/or investigations (desirable).

• Excellent written and verbal communication skills.

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.