Vanguard's core purpose is to take a stand for all investors, to treat them fairly, and to give them the best chance for investment success. In support of our innovative, multi-faceted and highly regulated business lines, Vanguard's Compliance Department encounters a wide range of complex and compelling issues while providing exceptional, high-value business partnership and compliance support.
To support the growing and evolving service offerings, Vanguard seeks a highly skilled Compliance Director to support our growing Cash Management Account product. The ideal candidate will have expertise and broad knowledge of Financial Markets, Broker-Dealer and Banking regulations, Nacha operating rules and a deep understanding of Broker-Dealer products and processes.
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This role:
- Develops, implements and maintains an effective compliance program for brokerage business activities, services and products. Partners with business leaders and stakeholders to provide advice and ensure compliance with regulatory requirements.
- Leads regulatory visits, exams, inquiries and complex investigations within the business.
- Maintains and revises compliance program policies and procedures. Designs, implements, and maintains new compliance standards.
- Identifies and implements corrective action plans for resolution of complex, problematic issues.
- Evaluates and communicates operational efficiency and effectiveness of compliance programs. Sets measurable standards leveraging internal and external resources accordingly.
- Serves as an expert and key resource related to compliance programs and regulatory matters relevant to business operations.
- 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.
- Knowledge and experience with Cash Management Accounts and Banking Regulations, Nacha rules, standards and compliance is a must.
- This job requires a regulatory license and/or registration (e.g. FINRA, state, SFC). These will be determined by Compliance based on role-specific duties.
This role is part of our hybrid work model with Tuesdays - Thursdays required in our offices to foster collaboration and relationships. On Mondays and Fridays, our crew will have the option to work remotely, or continue working from one of our offices in Malvern PA, Scottsdale AZ, or Charlotte NC.
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.