Overview
The Senior Director, Head of Risk Methodology & Technology will provide strategic leadership across a dynamic risk landscape. This role drives initiatives to elevate risk management practices while shaping and sustaining a comprehensive framework that protects and enables Vanguard’s strategy. Partnering closely with Vanguard’s Chief Risk Officers and key stakeholders, the individual will identify and respond to enterprise top risks, ensuring the implementation of essential policies and procedures with robust operational and compliance oversight. Additionally, the position oversees the strategy and planning for Vanguard’s Governance, Risk & Compliance (GRC) platform (Archer) and its associated products.
Responsibilities
- Coach, guide, develop and inspire a team of highly engaged crew, fostering a culture of collaboration, innovation, high performance, and continuous improvement. Provide guidance and training as necessary to develop crew. Set performance standards, reviews performance, and makes informed compensation decisions in accordance with all applicable Human Resources policies and procedures.
- Provide strategic leadership in defining and implementing a risk management framework to be executed by a team of Line 2 risk professionals. Direct Enterprise Risk Management (ERM) activities, that may include monitoring, reporting, and quality assurance. Oversee corporate policy governance and adherence to risk-specific policies. Partner with senior business leaders and stakeholders to educate as well as provide risk advice on enterprise initiatives.
- Oversee department preparation and coordination efforts leading up to board and senior staff enterprise risk discussions.
- Lead the development of risk policies and procedures. Partner closely with leaders across the enterprise as well as colleagues in other risk and control and lines of defense functions across Vanguard to ensure the consistent implementation of risk standards and practices.
- Set standards and metrics for operational efficiency. Develop and deliver required reporting on enterprise risk metrics to business leaders and Vanguard's Chief Risk Officer.
- Lead strategic risk support related to business initiatives and new product launches.
- Maintain an expert knowledge and awareness of the investment industry. Stays abreast of current market, regulatory and industry relevant news while building agility into risk management activities to drive responsiveness.
- Serve as an expert and key resource related to risk issues, utilizing deep expertise to lead a team and develop a response to complex risk-related issues.
- Own the Governance, Risk and Compliance (GRC) technology platform (Archer) and is responsible for strategic oversight and prioritization of technology needs and enhancements. Manage the cross-divisional relationship between Global Risk & Security (GR&S) and IT to ensure alignment on system capabilities, delivery timelines, and enterprise risk enablement.
- Participate in special projects and performs other duties as assigned.
Qualifications
- Minimum of 10 years related work experience in a risk-related function within financial services.
- Undergraduate degree or equivalent combination of training and experience. Advanced degree or certification preferred.
- Strong background in control methodology and risk management frameworks (i.e., COSO) in financial services.
- Leadership experience with a multidisciplinary team preferred.
- Experience designing and implementing risk management frameworks across disparate business lines.
- Strong executive presence and ability to influence across all levels of management.
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.
