AML/CFT Manager, Operations

Leads a team and serves as a technical expert on anti-money laundering. Leads the identification and reporting on suspicious client transactions, suspected money laundering activities, and illicit financing. Leads client due diligence checks to detect and prevent money laundering. Provides oversight and expertise to team regarding anti-money laundering processes and procedures to ensure regulatory compliance and protect shareholder assets.

Core Responsibilities

• Hires, evaluates, and supervises crew. Provides guidance and training as necessary to develop crew. Sets performance standards, reviews performance, and makes informed compensation decisions in accordance with all applicable Human Resources policies and procedures.
• Oversees a team performing complex analyses and monitoring to detect suspicious client activity and potential money laundering activities. Leads and coordinates team efforts to report suspicious activity to governmental agencies.
• Oversees the collection of documentation and research into alleged violations using public records, internet databases, and other sources. Performs due diligence measures such as customer identification, bank secrecy and cash reporting requirements, and sanctions screening.
• Resolves complex inquiries and issues related to anti-money laundering. Responds to issues escalated by more junior team members. Collaborates with internal partners and business leaders to provide advice, guidance, and assistance on anti-money laundering matters. Coaches team on responding to unique or complex inquiries.
• Prepares required internal and external reporting in accordance with departmental policies and regulatory guidelines.
• Presents key findings and recommendations to management. Works with leaders to identify priorities and determine strategies for AML operations. Partners with Financial Crimes leaders to continuously improve the established due diligence framework.
• Leads formal and informal educational activities, including presentations, staff meetings and training programs related to anti-money laundering initiatives and financial crimes prevention. Develops and delivers training and education to more junior crew members.
• Maintains a broad knowledge of the investment industry and compliance developments with implications for Vanguard's anti-money laundering program. Keeps abreast of the current market, regulatory and industry news. Serves as a specialist on compliance related issues. Acts as a liaison to regulatory agencies.
• Participates in special projects and performs other duties as assigned.

• Minimum of five years related work experience. Regulatory, compliance, investment, or auditing experience preferred. Supervisory experience preferred.
• Undergraduate degree or equivalent combination of training and experience.