U.S. Anti-Money Laundering Compliance Officer

The Vanguard Group•Scottsdale, PA

14d•Hybrid

About The Position

Vanguard is seeking a dynamic and experienced leader to join our team as the U.S. AMLCO. This executive role is crucial in safeguarding our organization and clients from financial crimes, including fraud, money laundering, and other illicit activities. The successful candidate will lead a dedicated team, oversee the financial crimes compliance program, and ensure adherence to regulatory requirements. Serves as Chief AML Officer and Bank Secrecy Compliance Officer for the Vanguard Funds and affiliated US entities.

Requirements

Minimum of 10 years of experience in financial crimes compliance, with at least 5 years in a leadership role.
Bachelor's degree in finance, law, or a related field.
Strong leadership and team management skills.
Excellent communication and interpersonal abilities.
Proficiency in data analytics and familiarity with compliance technology solutions.
In-depth understanding of financial crimes regulations and best practices.
Ability to navigate complex regulatory environments and provide strategic guidance.

Nice To Haves

Experience in the investment industry is highly preferred.
Advanced degree or relevant certifications (e.g., CAMS, CFE) are a plus.

Responsibilities

Leadership and Strategy: Develop and implement the strategic vision for Vanguard's financial crimes compliance program in the U.S. Lead and mentor a team of compliance professionals, fostering a culture of excellence, continuous improvevment and accountability.
Program Management: Oversee the design, implementation, and maintenance of compliance standards, policies, and procedures. Supervise operational functions performed by the team. Ensure the program is robust and responsive to emerging risks and regulatory changes. Handle multiple assignments simultaneously from conception through execution and implementation of recommendations. Coordinate, prioritize and actively manage tasks as needed to meet deadlines.
Stakeholder Management: Develop, maintain and broaden effective working relationships across Vanguard and with regulatory agencies. Provides guidance and support to and fosters lines of communication between, and with, business contacts, Legal and Compliance, Enterprise Risk Management, Internal Audit and global partners.
Regulatory Engagement: Serve as the primary liaison with regulatory bodies regarding Financial Crime compliance, ensuring timely and accurate reporting. Maintain strong relationships with regulators and stay abreast of industry developments.
Risk Assessment and Mitigation: Conduct comprehensive risk assessments and develop strategies to mitigate potential financial crimes. Utilize data analytics to enhance detection scenarios and support investigations.
Training and Development: Provide ongoing training and development for the financial crimes team and oversee development and implementation of enterprise wide financial crimes training.
Reporting and Analytics: Oversee the preparation and submission of internal and external reports. Utilize metrics and analytics to monitor program effectiveness and drive continuous improvement.
Governance: Prepares regulatory reports and applicable management reporting as necessary, identifies and tracks key measures and metrics, and designs presentations to facilitate senior management discussions. Participates in the development of departmental budget. Estimates costs for headcount, staffing issues, current volumes, forecasts for anticipated volumes and related operational expenses to implement annual objectives/performance improvements and ensures the Compliance Department operates within establishes budgetary guidelines. Approves expenses within established limits. Participates in special projects and perform other duties as assigned.

Benefits

Impact: Play a pivotal role in protecting our clients and organization from financial crimes.
Growth: Opportunities for professional development and career advancement.
Culture: Join a collaborative and mission-driven team dedicated to excellence.

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