Senior Director, Head of Financial Crimes Compliance

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 program's 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, execution, 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 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:

• 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 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 inclusion

Vanguard'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 .

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.