Director, Controls and Governance (Wealth Management)

Senior Risk And Controls Leader

Join the new Risk, Controls and Governance department as a highly skilled and motivated senior risk and controls leader within the Advice and Wealth Management (AWM) Division. Reporting to the AWM Head of Controls and Governance, this leader will build and lead a team that provides risk and controls expertise to support AWM. They will play a key role in developing solutions to business challenges and conducting analysis to help management proactively address potential risks to the firm or investors. The role requires close collaboration with business leaders and risk partners, including Compliance, Risk, and Internal Audit. The team will be essential in ensuring effective risk management, robust processes and controls, strong oversight, and operational resilience. This leader will also drive the development and implementation of a divisional framework that promotes strong governance and a sustainable risk and control environment for both current and future business needs.

Core Responsibilities :

• Leadership : Hire, evaluate, and supervise crew, providing guidance and training to develop talent. Set performance standards, review performance, and make informed compensation decisions in line with HR policies. Communicate observations and work with business leadership on risk and control management strategies.
• Risk Management : Design, implement, and lead the divisional risk mitigation program. Maintain strong relationships with key stakeholders of aligned division. Implement a strong risk culture across division. Identify and analyze risks, determine risk tolerance and develop corresponding mitigation strategies for new and existing products and processes.
• Control Design and Monitoring : Ensure that the division has an effective and efficient system of controls. Conduct root cause analysis and remediation when controls fail, or gaps are identified. Establish and communicate metrics, dashboards, and insights to leadership across the division.
• Stakeholder Management : Partner with the division's leadership team and risk partners to ensure risk and control matters are appropriately considered as part of new and existing operations, technology and oversight processes. Proactively raise and execute plans to address risks before they materialize.
• 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 maintain 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 :

Special Factors :

Sponsorship : Vanguard is not offering visa sponsorship for this position.

About Vanguard :

At Vanguard, we don't just have a missionwe'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.