Compliance Director, Retail Regulatory Enablement

The Office of the General Counsel supports Vanguard investors by providing trusted advice and expertise, mitigating risks, and serving as strategic business partners dedicated to protecting Vanguard and our funds with integrity and excellence.

The Compliance Director, Retail Regulatory Enablement will:

• Act as a strategic partner to a team of compliance professionals to provide compliance thought leadership, partnership, and guidance within the implementation and support of business initiatives, new product launches, and corresponding regulatory framework design and implementation.
• Maintain and cultivate a collaborative culture for efficiently and effectively managing regulatory risks, by fostering strong relationships between, and with, business leaders, the Legal Department, Compliance Department colleagues, global partners, and other control groups.
• Serve as a trusted advisor to Vanguard's retail advice, wealth management, and brokerage businesses. Work collaboratively with the businesses, including centralized supervision, to develop policies, procedures and controls designed to ensure compliance with applicable laws and regulations.
• Adopt and implement best practices to ensure optimal effectiveness of management and mitigation of regulatory and compliance risks, including driving collaboration and efficiencies between relevant compliance teams and partners throughout the enterprise.
• Lead, manage, and participate in compliance oversight efforts and projects within Vanguard's ecosystem to protect Vanguard's reputation and clients. Utilize risk management techniques and business area knowledge to develop, maintain and periodically test relevant policies and procedures.
• Develop, maintain and demonstrate expert understanding of all regulations that are applicable to Vanguard's brokerage, advice and wealth management businesses; monitor developments, proposed rule changes and amendments in applicable rules and regulations, assess the potential impact to Vanguard's operations, and coordinate implementation of rules that are adopted or finalized.
• As appropriate, act as a liaison with regulators and impacted business areas by preparing for meetings and coordinating the gathering and production of requested documents in connection with examinations or other regulatory inquiries.
• Seeks to continually assess and enhance compliance practices specific to the business unit. Directs team activities and partners closely with business unit leaders during the implementation of compliance standards and practices with respect to business initiatives and new product launches.

• A deep and varied understanding of financial markets, investment products, trading and brokerage operations.
• Advanced knowledge of FINRA, SEC, state, banking, and trust company regulations and other regulatory requirements applicable to investment advisors, broker-dealers and trust services holding retail investor securities.
• Ability to work under pressure on multiple tasks concurrently and meet deadlines in a fast-paced work environment.
• Mastery of appropriate interpersonal styles and ability to communicate effectively, both orally and in writing, with all levels within the enterprise; this includes the ability to communicate complex compliance topics in concise terms that non-experts can fully understand.
• A partnership-focused philosophy to accomplish objectives.
• Attention to detail, while maintaining a big picture orientation.
• A bias towards action and the ability to lead independently and drive outcomes across a diverse set of stakeholders with competing priorities.

• Minimum of 8 years related work experience. Supervisory experience preferred.
• Undergraduate degree or equivalent combination of training and experience.
• FINRA Series 7 and 24 are required (must obtain within 6 months if not currently held).