Join Vanguard's new Risk, Control and Governance department as a highly skilled and motivated Risk and Control Advisor to the Advice and Wealth Management (AWM) Division. This role will play a critical part in building a successful AWM business by developing solutions to business problems and conducting analysis to help management proactively address situations that could impact the firm or investors. This role will be critical in ensuring AWM has effective risk management, high-performing processes and controls, management oversight, and resilient operations. This role will also be instrumental in developing and implementing a divisional framework to support good governance and a sustainable risk and control environment to support the business of today and the future.
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Responsibilities:
- Risk Management: Identify and analyze risks, determine risk tolerance and develop corresponding risk management strategies for new and existing products and processes. Communicated observations and work with business management on risk management strategies.
- Control Design and Monitoring: Support the development of an efficient and effective of control environment. Analyze control design and operating effectiveness. Conduct root cause analysis and remediation when controls fail, or gaps are identified.
- Policy Management: Assist in developing and implementing internal control policies and procedures. Ensure policies are effectively maintained, governed and monitored.
- Consultation and Analytical Support: Provide advice on improving our approach to managing and controlling risk. Respond to risk events to identify root cause, themes and additional areas where similar events could occur. Propose solutions and ensure causes are remediated within risk tolerance.
- Training and Awareness: Develop and maintains knowledge and awareness of the wealth and investment industry, risk and control practices, and regulatory and/or policy changes. Serves as a subject matter expert and trainer on risk and internal control matters.
- Special Projects: Participate in special projects and perform other duties as assigned.
Qualifications:
- Minimum of five years' related work experience, with two years' experience in risk management.
- Proven experience in risk management, controls internal auditing, or regulatory compliance.
- Strong understanding of regulatory requirements and industry standards.
- Experience with advice and wealth management business preferred.
- Excellent analytical and problem-solving skills.
- Effective communication and interpersonal skills.
- Ability to work independently and as part of a team.
- Undergraduate degree or equivalent combination of training and experience. Graduate degree preferred.
Special Factors
Sponsorship
Vanguard is not offering visa sponsorship for this position.
About Vanguard
At Vanguard, we don't just have a mission-we're on a mission.
To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best.
How We Work
Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.