Are you excited by the opportunity to help shape something new, while being supported by a team of experienced peers? Vanguard’s Cash+ Program is a first-of-its-kind offer, and we’re looking for a Compliance Specialist to help establish the monitoring and testing function that will support it. In this role, you’ll not only build the compliance foundation for a new product but also influence how the offer scales across the business. It’s a unique opportunity to apply your banking regulation expertise in a dynamic, high-impact environment, while contributing to an established team that values collaboration, curiosity, and continuous improvement.

QUALIFICATIONS

• Minimum of five years related work experience, with at least two years within a financial services compliance function.
• Undergraduate degree or equivalent combination of training and experience.
• Experience working with cash products and the related regulatory requirements (e.g., Regulation CC, Regulation E, NACHA, etc.,)
• FINRA Series 7 and Series 24 licenses and/or CRCM Certification is strongly preferred

• Completes routine monitoring and testing. Leads investigations of alleged violations of Vanguard’s ethical standards and noncompliance with applicable laws, regulations and corporate policy issues. Serves as a partner to the business, and interfaces regularly with business area stakeholders and internal risk, audit, and compliance partners.
• Prepares written inspection and assessment reports and provides recommendations for improvement. Provides guidance to mitigate compliance risks and control gaps.
• Oversees the design, implementation, execution, and maintenance of compliance policies and procedures. Supports the development of new compliance standards.
• Identifies and implements corrective action plans for resolution of problematic issues. Recommends practices to reduce potential for violations and noncompliance.
• Manages operational efficiency. Sets measurable goals leveraging internal and external resources accordingly. Reports on the results of compliance and ethics initiatives of the business.
• Follows approved monitoring and testing procedures and reports on corrective actions.
• Maintains a deep knowledge and awareness of the investment industry. Stays abreast of current market, regulatory and industry relevant news. Serves as an expert on compliance related issues. Acts as a liaison to regulatory agencies.
• Participates in special projects and performs other duties as assigned.