The Business Controls Oversight Analyst, Specialist is responsible for performing and reviewing compliance testing and analysis to support Vanguard’s defined contribution compliance testing clients. This role partners closely with internal stakeholders and external clients to execute compliance‑related activities, assess and resolve compliance issues, and clearly communicate testing results and risk considerations. The Specialist supports management by providing oversight, guidance, and coaching to administrators involved in compliance testing and analysis. The role also requires ongoing development and application of technical expertise and regulatory knowledge to ensure effective risk management and strong control execution.
Responsibilities:
Prepares and reviews compliance testing and analysis functions for defined contribution plans.
Researches and resolves compliance technical and regulatory issues independently.
Delivers required compliance testing services within established time-frames in accordance with client and regulatory deadlines.
Ensures proper review, sign-off and quality controls of all compliance testing and analysis functions for assigned clients.
Documents and maintains Vanguard and department standard communications; provides appropriate written and oral communications to clients and internal personnel necessary to complete required functions, resolves issues, and delivers results for assigned clients.
Establish and maintain internal and external client relationships with respect to compliance testing issues.
Assists in the coaching and guidance of team members in both technology (systems used) and technical regulatory areas related to the performance of compliance testing and analysis functions.
Pro-actively focuses on enhancing technology and regulatory skills and knowledge related to the performance of compliance testing and analysis functions including industry designations and certifications.
Facilitates conference calls, client meetings, and internal meetings independently as needed.
Participates in special projects, Vanguard corporate activities, and performs other duties as assigned.
Qualifications:
Minimum three years of compliance testing experience as related to qualified defined contribution plans.
Undergraduate degree or equivalent combination of training and experience.
Ability to communicate clearly both written and verbally to a variety of audiences, particularly on defined contribution nondiscrimination and compliance testing issues.
Excellent data analysis and technology skills including ability to work extensively in Excel.
Demonstrated analytical/problem solving skills related primarily to regulatory issues.
Ability to assess problem situations and apply technical knowledge to propose and deliver accurate solutions for general and complex compliance testing.
Ability to organize, prioritize and process multiple issues simultaneously.
Ability to oversee the completion of tasks by multiple personnel for assigned clients.
Knowledge of regulatory environments as related to defined contribution plans.
Knowledge of record keeping database and compliance/nondiscrimination testing tools.
Special Factors:
Extended hours will be required, especially during peak activity months.
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.
Vanguard Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Vanguard and has not been reviewed or approved by Vanguard.
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Retirement Support — Retirement support appears unusually strong through a 401(k) design that includes a match plus an additional employer contribution, which can materially lift long-term total rewards. HSA seeding and an enhanced employer match further strengthen the savings-and-benefits value of the package.
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Wellbeing & Lifestyle Benefits — Wellbeing and lifestyle support is reinforced by a sizable annual FlexFund stipend that can be applied across many day-to-day categories such as fitness, childcare, and other personal expenses. On-site or virtual clinics and fitness options add practical health and wellness convenience.
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Affordable Benefits — Healthcare and related benefits are positioned as comparatively affordable via heavily subsidized medical plans and broad coverage options. This affordability can offset moderate base pay for employees who place higher value on out-of-pocket cost reductions.
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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. For Commenting Guidelines & Important information, visit here: http://vanguard.com/linkedin Vanguard Marketing Corporation, Distributor.
