To support its growing and evolving retail investor business, Vanguard seeks a highly skilled compliance professional to serve as Chief Compliance Officer for Vanguard Marketing Corporation ('VMC'), Vanguard's broker-dealer. The VMC Compliance team manages a dynamic compliance environment and maintains a comprehensive broker-dealer compliance program framework for Vanguard. This role leads a team of compliance professionals covering all regulated brokerage activities, primarily supporting our retail investor business, with additional responsibility for advertising and marketing compliance as well as for firm-wide licensing and registration. A leader in this role will work directly with Vanguard's enterprise Chief Compliance Officer and sits on the senior Compliance leadership team. Vanguard is an employer of choice that continually invests in the growth, development and success of its employees over the course of their Vanguard careers. Duties and Responsibilities Manages a team of compliance professionals. Provides guidance, training and motivation as necessary to develop staff. Reviews performance, provides feedback and recommends wage increases/adjustments in accordance with the applicable policies and procedures Works to ensure that Vanguard has adopted policies and procedures that are reasonably designed to prevent violations of law, that the policies and procedures are adequate to accomplish that purpose and that the policies and procedures are effectively implemented for this purpose Partners closely with the leadership team of Vanguard's Retail Investor Group, Vanguard's Legal Department and critical control partners to analyze compliance risks, to resolve potential compliance issues and to ensure that policies and procedures supporting compliance activities are well developed, maintained and controlled Manages, coordinates, and ensures readiness for regulatory examinations. Acts as a liaison for the examiners, coordinates the gathering and production of requested documentation and meetings, etc. Retains backup files for future reference Develops and maintains a broad knowledge and awareness of the investment industry, regulatory and/or policy changes with potential impact on compliance monitoring or reporting. Serves as a technical expert on compliance issues Provides leadership and strategic direction for compliance-related matters. Collaborates with business area leaders supporting compliance activities to sustain and strengthen compliance with FINRA, SEC and other regulatory agencies through the design, implementation and periodic review of the compliance program Manages effective working relationships across Vanguard and with regulatory agencies by developing, maintaining, and broadening lines of communication between, and with, business leaders, the Legal Department, the Chief Compliance Officer, and other control groups Develops and delivers required reporting to business leaders and the enterprise Chief Compliance Officer. As applicable, assists in the development of quarterly and annual reporting to the Board through the enterprise Chief Compliance Officer Leads, manages and oversees a variety of projects related to compliance activities across the company. Handles multiple projects simultaneously from conception through execution and implementation. Coordinates, prioritizes and actively manages tasks as needed to meet project timelines. Leads, plans and facilitates project meetings, communicates with relevant stakeholders, ensures requirements and priorities are understood and monitors and report on progress Participates in the development of departmental budget. Estimates costs for headcount, staffing issues, current volumes, forecasts for anticipated volumes and related operational expenses to implement annual objectives/performance improvements and ensures the Compliance Department operates within established budgetary guidelines. Approves expenses within established limits Works with business contacts and/or Vanguard University to design, develop, and deliver compliance-oriented training to continuously develop compliance knowledge, skills and competencies Participates in special projects and perform other duties as assigned Qualifications Undergraduate degree or equivalent combination of training and experience. Professional certification or advanced degree (e.g., CPA, CIA, MBA, JD) preferred. FINRA Series 7, 24 and 63 licenses required. Minimum of ten years of industry experience with compliance, auditing or legal background. Experience overseeing global compliance functions preferred. Knowledge of and experience with FINRA and SEC preferred. Excellent relationship management and verbal and written communication skills. Ability to interact with senior business leaders. Experience in managing external regulatory relationships preferred. Excellent planning, analytical and time management skills. Demonstrated track record of self-initiated program development and program management. Proven project management and leadership skills. Ability to quickly learn a new regulatory and compliance environment and to lead the development of a new structured compliance program. Ability to work independently and autonomously, with a limited amount of direction, yet collaboratively as part of a senior leadership team.Salary Range: NAMinimum Qualification11 - 15 years Associated topics: attorney corporate, company, compliance department, corporate, counsel, court, courtroom, internal, legal, market
* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.