Compliance Director, Products and Funds Compliance

About the role

Join a dynamic and highly collaborative compliance team that plays a critical role in safeguarding the integrity of Vanguard’s pooled investment vehicles, including those focused on alternative assets. In this influential role, you will lead the development, implementation, and ongoing refinement of compliance programs that ensure our business operates with the highest ethical and regulatory standards.

Responsibilities

• Responsible for maintaining and revising policies and procedures for the general operation of the compliance program for pooled investment vehicles focused on alternative assets, including closed-end interval funds and private investment funds.
• Conducts routine monitoring and inspections, including investigations of alleged violations of Vanguard's ethical standards and noncompliance with applicable laws, regulations and corporate policy issues. Partners with business leaders and stakeholders to provide advice and ensure compliance with regulatory requirements.
• Manages regulatory visits and complex investigations. Oversees the preparation of written inspection and assessment reports and provides recommendations for improvement. Oversees the implementation of compliance controls to ensure gaps are closed.
• Identifies and implements corrective action plans for resolution of complex, problematic issues. Recommends practices to reduce potential for violations and noncompliance.
• Manages and evaluates operational efficiency. Sets measurable goals leveraging internal and external resources accordingly. Reports on the results of compliance and ethics initiatives of the business.
• Provides strategic compliance support for business initiatives and new product launches related to pooled investment vehicles focused on alternative assets, including closed-end interval funds and private investment funds.
• Follows approved investigation procedures and reports on corrective actions.
• Maintains an expert knowledge and awareness of the investment industry. Stays abreast of current market, regulatory and industry relevant news. Serves as an expert and key resource related to compliance issues. Utilizes expertise to provide guidance and leadership on complex compliance related issues. Acts as a liaison to regulatory agencies.
• Participates in special projects and performs other duties as assigned.

Qualifications

• Minimum of eight years private markets compliance experience.
• Undergraduate degree or equivalent combination of training and experience.
• Knowledge of private asset valuation or due diligence is a plus.