The Financial Crimes Compliance Senior Specialist serves as a technical expert and leads the identification and investigation of potential fraudulent or suspicious activities - both broadly and specifically in the Cash Management arena. This role also leads the implementation of Financial Crimes processes and procedures to ensure regulatory compliance and protect shareholder assets and may oversee the work of more junior team members.
Responsibilities:
- Oversee the implementation of new surveillance monitors for Vanguard's Cash Management product, supports in the implementation of general monitors
- Prepares procedures, risk assessments, and needs analysis to support the monitoring of activity in the Cash Management, supports these activities for general monitors
- Maintains strong relationships with the business with the intent to support and influence future product development
- Acts as an advisor on AML matters for all stakeholders
- Resolves exceptions, including unusual and complex issues escalated by more junior team members, according to established guidelines. Collaborates with managers to resolve the most complex issues.
- Prepares required internal and external reporting in accordance with departmental policies and regulatory guidelines.
- Provides formal and informal educational activities, including presentations, staff meetings and training programs. Develops and delivers financial crimes related training and education for more junior crew members.
- Maintains a comprehensive knowledge of the investment industry and compliance developments with implications for Vanguard's financial crimes program. Keeps abreast of the current market, regulatory and industry news. Serves as a consultant on compliance related issues. Acts as a liaison to regulatory agencies.
- Participates in special projects and performs other duties as assigned.
Qualifications:
- Minimum of five years related work experience.
- Undergraduate degree or equivalent combination of training and experience.
- Cash Management Product knowledge and expertise needed within Financial Crimes space
- Strong stakeholder management skills
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.
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.
Top Skills
What We Do
We are a community of 30 million who think – and feel – differently about investing. Together, we’re changing the way the world invests.
Since our founding in 1975, helping our investors achieve their goals is our sole reason for existence. With no other parties to answer to and therefore no conflicting loyalties, we make every decision—like keeping investing costs as low as possible—with only your needs in mind.
Vanguard is one of the world's largest investment companies, offering a large selection of high-quality low-cost mutual funds, ETFs, advice, and related services. Individual and institutional investors, financial professionals, and plan sponsors can benefit from the size, stability, and experience Vanguard offers. As of April 30, 2019, we managed more than $5.6 trillion in global assets. In addition, we have 189 funds in the United States and 225 funds in global markets.
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