About Vanguard
With AUD $10.3 trillion in assets under management globally as of 30 June 2022, including AUD $2.8 trillion in ETFs, Vanguard is one of the world’s largest global investment management companies. In Australia, Vanguard has been serving financial advisers, retail clients and institutional investors for over 25 years.
Our Team & Opportunity
Investment Product Governance Specialist
The Product Operations and Governance Team is at the forefront of the Portfolio Review Department’s (PRD) focus to maintain the integrity of Vanguard’s Funds and ETFs, and the ongoing health of its overall investment product offer. The role will come on board to play a key role in enhancing Vanguards Investment Product governance practises. Working together with the legal, compliance and risk teams to ensure appropriate processes and procedures are in place to ensure Vanguard’s investment product suite exceeds all required regulatory and risk requirements.
What you will do
- Design, implement and enhance an integrated investment product governance framework across the PRD area, capturing risk management, compliance protocols and ensuring applicable regulatory responsibilities are accurately maintained, monitored and evidenced.
- Act as the credible subject matter expert and Vanguard PRD representative on all product related regulatory, compliance and risk governance factors impacting Vanguards fund and ETF product range.
- Proactively identify and analyse the impact of emerging regulatory requirements that may have implications for VIA’s product suite and assist in driving the required changes within PRD.
- Prepare and present strategic analysis and recommendations on investment governance topics to senior management.
- Work closely and develop strong relationships across the organization particularly with key business partners the Office of the General Counsel, Risk and the broader Australian and global PRD teams.
- Input on the development of the PRD Fund Health review process from a governance and future risk mitigation perspective.
- Establish, schedule and facilitate regular forums on PRD governance related matters.
- Ensure the appropriate suite of governance related policy and process documentation is created, maintained, and regularly reviewed.
- Coordination and management of all governance related reporting including coordination of all audit and compliance requests and overseeing the development of a robust disclosure and event management approach.
- Perform an informal leadership role within PRD team to guide crew members across all aspects of Product Governance.
- Undertake other product-related activities as required
What we are looking for
- Self-motivated investment product governance professional with strong relationship and stakeholder management skills who is comfortable proactively navigating complex, multi-layered tasks.
- Experience in a all aspects of investment product governance particularly from an investment management perspective.
- Embraces difficult challenges, is curious and comfortable with ambiguity, and drives relentlessly towards agreed outcomes that ensures the ongoing integrity of Vanguards product suite.
- Minimum 7 years related work experience across the funds management and/or superannuation industry.
- Undergraduate degree in a related discipline.
- Strong investment product governance and investment market product acumen.
- Demonstrated experience with broad (including senior) stakeholder management.
- Proven ability to think strategically and influence stakeholders.
- Demonstrated ability to embrace continual improvement and new ways of working to achieve superior outcomes.
Specialisations that’ll make an impact
- Deep knowledge and experience across all aspects of investment product governance (including disclosure) from an investment manager perspective.
- Strong knowledge of Vanguard’s range of products and distribution channels.
- Strong investment acumen
- Experience working in a global funds or wealth management business
Inclusion Statement
Vanguard’s continued commitment to diversity and inclusion is firmly rooted in our culture. Every decision we make to best serve our clients, crew (internally employees are referred to as crew), and communities is guided by one simple statement: “Do the right thing.”
We believe that a critical aspect of doing the right thing requires building diverse, inclusive, and highly effective teams of individuals who are as unique as the clients they serve. We empower our crew to contribute their distinct strengths to achieving Vanguard’s core purpose through our values.
When all crew members feel valued and included, our ability to collaborate and innovate is amplified, and we are united in delivering on Vanguard’s core purpose.
Our core purpose: To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success.
Future of Work
During the pandemic, we transitioned to a work from home model for the majority of our crew and we continue to interview, hire, and on-board future crew remotely.
As we have developed the path forward, we have taken a thoughtful approach that both maximizes the advantages of working remotely and the many benefits of coming together and collaborating in a shared workspace. We believe that in-person interactions among our crew are important for preserving our unique culture and advantageous for the personal development of our crew.
When our Crew return to the office, many will work in our hybrid model. A smaller proportion of our crew will operate in the Work from Home work model (for example, field sales crew); or in the Work from Office model (for example, portfolio managers).
The working model that your role falls into will be communicated to you in the interview process – please do ask if you are unsure. We encourage you to make the decision regarding your job interview and offer knowing which model your role will fall into. We will test and learn as our ways of working evolve and will continue to evaluate working models along the way.