Sr Compliance Testing Lead

The Vanguard Group•Charlotte, NC

2d•Hybrid

About The Position

In this role, you will oversee compliance inspections and support the development, implementation, and maintenance of compliance processes as well as compliance monitoring functions. You will serve as a trusted advisor to the business and provides guidance and oversight of regulated activities. The ideal candidate must demonstrate and have a strong understanding of Regulation E, Regulation CC, NACHA rules, FINRA oversight and may hold and active CRCM. If you thrive in a fast-paced, precision-driven environment and are passionate about protecting investors while enabling innovation, we invite you to shape our compliance strategy and elevate our client experience.

Requirements

Minimum 5 years of compliance experience in financial services, with at least 2 years in broker-dealer or banking-like operations.
Proven experience in Regulation E, Regulation CC, NACHA rules, and FINRA oversight
Strong analytical, writing, and stakeholder engagement skills.
Experience designing and executing compliance testing frameworks.

Nice To Haves

An active CRCM is highly desirable

Responsibilities

Conducts routine and targeted compliance monitoring and testing across financial services operations, with a focus on cash products and money movement.
Applies knowledge of relevant regulations (e.g., Regulation E, Regulation CC, NACHA) to assess control effectiveness and identify gaps.
Leads investigations of potential violations of Vanguard’s ethical standards and noncompliance with applicable laws, regulations, and internal policies.
Collaborates with internal stakeholders to ensure timely resolution and documentation.
Prepares clear and actionable inspection and assessment reports, including root cause analysis and recommendations for remediation.
Communicates findings to business partners and senior compliance leadership.
Provides compliance guidance and advisory support to business units, helping to mitigate risk and strengthen control environments.
Advises on regulatory implications of new products and operational changes.
Oversees the design, implementation, and maintenance of compliance policies and procedures, ensuring alignment with evolving regulatory expectations and industry best practices.
Identifies and implements corrective action plans for areas of noncompliance or control weakness.
Recommends proactive measures to reduce future risk exposure.
Manages operational efficiency of compliance testing programs, including setting measurable goals, tracking performance, and leveraging internal and external resources to optimize outcomes.
Follows approved monitoring and testing procedures, ensuring consistency, accuracy, and documentation of results.
Escalates issues as appropriate and tracks corrective actions to closure.
Maintains deep knowledge of the investment and financial services industry, with a focus on broker-dealer operations and banking-like features.
Monitors regulatory developments and market trends to inform compliance strategy.
Serves as a subject matter expert and liaison to regulatory agencies, internal audit, and risk partners.
Supports regulatory exams and inquiries with timely and thorough responses.
Participates in special projects and enterprise initiatives, contributing compliance expertise to cross-functional efforts and strategic priorities.