Senior Compliance Manager, Fund & Advisor Compliance

Malvern, PA, US

May 13, 2019
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 its growing and evolving investment offerings, Vanguard seeks a highly skilled compliance professional to manage a group of compliance advisors in the Fund & Advisor Compliance team supporting our Investment Management Group. This compliance leader will assist in managing a dynamic compliance environment and support maintenance of a comprehensive fund and advisor compliance program framework related to Vanguard’s investment products. A leader in this role will work directly with head of the Fund & Advisor Compliance team and sit on Fund & Advisor Compliance leadership team.
Vanguard is an employer of choice that continually invests in the growth, development and success of its employees over the course of their Vanguard careers.

Duties and Responsibilities

  • Manages a team of compliance professionals. Provides guidance, training and motivation as necessary to develop staff. Sets performance standards, reviews performance, provides feedback and recommends wage increases/adjustments in accordance with the applicable policies and procedures
  • Serves as a trusted advisor to internal business clients. Works collaboratively with the business to develop policies, procedures and controls designed to ensure compliance with applicable laws and regulations. Provides guidance in connection with people, process, technology and regulatory changes. Assists the business in the resolution of issues
  • Leads, manages and participates in compliance oversight efforts and projects across the company to protect Vanguard’s reputation. Manages and continually improves Vanguard’s Compliance Programs. Utilizes risk management techniques and business area knowledge to develop, maintain and test relevant policies and procedures. Handles multiple assignments simultaneously from conception through execution and implementation of recommendations. Coordinates, prioritizes and actively manages tasks as needed to meet deadlines
  • Presents key findings and recommendations to business management and Compliance management. Elevates issues, identifies priorities. Tracks follow-up items to ensure they are appropriately resolved. Demonstrates initiative and creativity in independently recommending and implementing solutions to business contacts, senior leaders and the Chief Compliance Officer
  • Develops, maintains and broadens effective working relationships across Vanguard and with regulatory agencies. Fosters lines of communication between, and with, business leaders, the Legal Department, Compliance Department colleagues, global partners, and other control groups. Coordinates activities and efforts as required with other Compliance teams and global partners
  • As necessary, oversees operational functions performed by the team. Partners with internal business clients to effectively negotiate solutions to complex and elevated operational matters and ensure that solutions meet the needs of the business and comply with all applicable rules and internal policies. Maintains and demonstrates a thorough understanding of business needs and business strategy
  • Provides guidance and support to the legal, compliance and corporate policy issues impacting internal business clients. Partners with the business to ensure the adequacy of controls and policies, identify actual and potential problem areas, and respond to reportable issues
  • Maintains and demonstrates a thorough understanding of all regulations that are applicable to internal business clients. Monitors developments, proposed rules changes and amendments in applicable rules and regulations, assesses the potential impact to Vanguard’s operations, and coordinates the implementation should such be adopted or finalized
  • Prepares regulatory reports and applicable management and board reporting as necessary, identifies and tracks key measures and metrics, and designs presentations to facilitate senior management discussions
  • Works with business contacts and/or Vanguard University to design, develop, and deliver compliance-oriented training to continuously develop compliance knowledge, skills and competencies
  • Participates in special projects and perform other duties as assigned


  • Undergraduate degree or equivalent combination of training and experience. Professional certification or advanced degree (e.g., CPA, CIA, MBA, JD) preferred
  • Minimum of five years of industry experience with compliance, auditing or legal background. Experience building global compliance functions preferred
  • Knowledge of and experience with SEC and CFTC preferred
  • Excellent relationship management and verbal and written communication skills. Ability to interact with individuals at various levels throughout the company, but particularly with the heads of trading desks
  • Excellent planning, analytical and time management skills
  • Demonstrated track record of self-initiated program development and program management
  • Proven project management and leadership skills
  • Ability to quickly learn a new regulatory and compliance environment and to lead the development of a new structured compliance program
  • Ability to work independently and autonomously yet collaboratively as part of a broader leadership team
  • As required, ability to obtain any necessary licenses within 6 months