The Compliance Director, Retail Advice will:
Serve as a trusted advisor to Vanguard’s advice businesses. Work collaboratively with the businesses to develop policies, procedures and controls designed to ensure compliance with applicable laws and regulations.
Lead, manage, and participate in compliance oversight efforts and projects within Vanguard’s advice and wealth planning businesses and across the company to protect Vanguard’s reputation. Utilize risk management techniques and business area knowledge to develop, maintain and test relevant policies and procedures. Coordinate, prioritize and actively manage tasks as needed to meet deadlines.
Present key findings and recommendations to business and Compliance management. Elevate issues, identify priorities. Track follow-up items to ensure they are appropriately resolved. Demonstrate initiative and creativity in independently recommending and implementing solutions to business contacts and senior leaders.
Foster lines of communication between, and with, business leaders, the Legal Department, Compliance Department colleagues, global partners, and other control groups. Coordinate activities and efforts as required with other Compliance teams and global partners.
Develop, maintain, and demonstrate a thorough understanding of all regulations that are applicable to Vanguard’s advice and wealth management businesses; monitor developments, proposed rule changes and amendments in applicable rules and regulations, assess the potential impact to Vanguard’s operations, and coordinate implementation of rules that are adopted or finalized.
Manage, coordinate, and ensure readiness for regulatory examinations. As appropriate, act as a liaison with regulators and impacted business areas by preparing for meetings and coordinating the gathering and production of requested documents in connection with examinations or other regulatory inquiries.
Manage a team of compliance professionals. Provide guidance and training to help develop team members. Set performance standards, review performance, and provide feedback to team members.
Seeks to continually assess and enhance compliance policies, procedures, and controls specific to the business unit. Directs team activities and partners closely with business unit leaders during the implementation of compliance standards and practices with respect to business initiatives and new product launches.
Reviews metrics for operational efficiency to determine gaps and strategy for continuous improvement. Develops and delivers required reporting on compliance exams / audits to senior business leadership.
Manage cross-department initiatives and serve as an expert and key resource related to compliance issues.
Participates in special projects and performs other duties as assigned.
Qualifications:
Minimum of eight years related work experience. Supervisory experience preferred.
Undergraduate degree or equivalent combination of training and experience.
This job does not require regulatory licenses and/or registration (e.g., FINRA, state) but licenses are helpful.
Special FactorsSponsorshipVanguard 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 inclusionVanguard’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 (https://corporate.vanguard.com/content/corporatesite/us/en/corp/who-we-are/we-care-about/diversity-equity-inclusion.html) .How We WorkVanguard 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.