Business Controls Oversight Analyst, Specialist

The Business Controls Oversight Analyst, Specialist is responsible for performing and reviewing compliance testing and analysis to support Vanguard's defined contribution compliance testing clients. This role partners closely with internal stakeholders and external clients to execute compliance-related activities, assess and resolve compliance issues, and clearly communicate testing results and risk considerations. The Specialist supports management by providing oversight, guidance, and coaching to administrators involved in compliance testing and analysis. The role also requires ongoing development and application of technical expertise and regulatory knowledge to ensure effective risk management and strong control execution.

Responsibilities:

• Prepares and reviews compliance testing and analysis functions for defined contribution plans.
• Researches and resolves compliance technical and regulatory issues independently.
• Delivers required compliance testing services within established time-frames in accordance with client and regulatory deadlines.
• Ensures proper review, sign-off and quality controls of all compliance testing and analysis functions for assigned clients.
• Documents and maintains Vanguard and department standard communications; provides appropriate written and oral communications to clients and internal personnel necessary to complete required functions, resolves issues, and delivers results for assigned clients.
• Establish and maintain internal and external client relationships with respect to compliance testing issues.
• Assists in the coaching and guidance of team members in both technology (systems used) and technical regulatory areas related to the performance of compliance testing and analysis functions.
• Pro-actively focuses on enhancing technology and regulatory skills and knowledge related to the performance of compliance testing and analysis functions including industry designations and certifications.
• Facilitates conference calls, client meetings, and internal meetings independently as needed.
• Participates in special projects, Vanguard corporate activities, and performs other duties as assigned.

• Minimum three years of compliance testing experience as related to qualified defined contribution plans.
• Undergraduate degree or equivalent combination of training and experience.
• Ability to communicate clearly both written and verbally to a variety of audiences, particularly on defined contribution nondiscrimination and compliance testing issues.
• Excellent data analysis and technology skills including ability to work extensively in Excel.
• Demonstrated analytical/problem solving skills related primarily to regulatory issues.
• Ability to assess problem situations and apply technical knowledge to propose and deliver accurate solutions for general and complex compliance testing.
• Ability to organize, prioritize and process multiple issues simultaneously.
• Ability to oversee the completion of tasks by multiple personnel for assigned clients.
• Knowledge of regulatory environments as related to defined contribution plans.
• Knowledge of record keeping database and compliance/nondiscrimination testing tools.

• Extended hours will be required, especially during peak activity months.