Business Controls Oversight, Senior Specialist

Vanguard • Malvern, PA

4d • Hybrid

About The Position

At Vanguard, the mission is to work for the long-term financial wellbeing of clients, leading through products and services that transform clients' lives, and fostering individual and team development. Vanguard is one of the world's largest investment management companies, serving individual investors, institutions, employer-sponsored retirement plans, and financial professionals. The company has a diverse and talented crew with a culture that promotes teamwork and an unwavering focus on serving clients' best interests. This role involves standing up and leading a new oversight function, designing and implementing controls, and partnering with various teams to ensure compliance and effective risk management.

Requirements

• Minimum of eight years related work experience.
• Undergraduate degree or equivalent combination of training and experience.
• Experience in business controls, risk management, supervision, or compliance within a financial services or regulated environment.
• Strong understanding of first line of defense responsibilities and how to partner effectively with second line risk teams.
• Proven ability to design, document, and operationalize controls in complex organizations.
• Excellent judgment, communication, and stakeholder management skills.
• Comfort operating in ambiguous, build-mode environments where structure and clarity need to be created.
• Ability to work independently while driving outcomes through collaboration and influence.

Nice To Haves

• Graduate degree preferred.
• Strong data and analytical skills preferred.

Responsibilities

• Stand up and lead a new oversight function for the organization, including defining scope, priorities, and operating model.
• Design, document, implement, and maintain controls, monitoring, and oversight routines aligned to regulatory, supervisory, and enterprise risk expectations.
• Design and implement risk assessment processes, develop reporting frameworks for control effectiveness, and establish regular review protocols to ensure ongoing compliance.
• Partner closely with front-line leaders, risk partners, legal/compliance, and operations to ensure controls are practical, effective, and embedded in day-to-day execution.
• Facilitate cross-functional collaboration to ensure consistency and effectiveness of control activities.
• Own and maintain written supervisory procedures, control documentation, and issue tracking, ensuring clarity, consistency, and audit readiness.
• Identify trends, risks, and gaps through monitoring and data analysis, and translate insights into actionable recommendations for leadership.
• Support regulatory exams, audits, and internal reviews by coordinating responses, tracking, and driving timely remediation.
• Act as a trusted advisor to business leaders balancing strong risk discipline with a deep understanding of how the business operates.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 5,001-10,000 employees