Compliance Specialist- AML/CFT Program Oversight at Vanguard

Malvern, Pennsylvania, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial ServicesIndustries

Requirements

Minimum of 3 years of relevant experience in compliance, AML, or financial services
Bachelor’s degree or equivalent combination of education and experience
Strong analytical, investigative, and communication skills
Industry experience in Anti-Money Laundering (AML), Know Your Customer (KYC), and Compliance Operations
Familiarity with tools such as LexisNexis, World-Check, or similar platforms (preferred)

Responsibilities

Conduct day-to-day monitoring of client activity to detect suspicious behavior
Assist junior analysts with investigations and escalate complex cases as needed
Collect and analyze documentation to assess client risk
Perform due diligence checks using established scoring models to identify high-risk clients
Review internal alerts and reports
Resolve exceptions in line with policy and escalate issues that require further investigation
Support internal and external reporting obligations in accordance with regulatory guidelines and departmental procedures
Participate in training sessions and contribute to the development of educational materials for junior team members
Stay current on regulatory developments and industry trends
Serve as a compliance consultant and liaison to regulatory agencies
Contribute to cross-functional initiatives and support other duties as assigned

Skills

AML

KYC

Compliance Operations

Client Monitoring

Investigations

Due Diligence

Alert Resolution

Regulatory Reporting

Training

Mentorship

Vanguard

Client-owned investment management firm offering low-cost funds

About Vanguard

Vanguard provides financial services with a focus on investment management. The company offers a variety of products, including mutual funds, exchange-traded funds (ETFs), individual retirement accounts (IRAs), and 401k rollovers, aimed at individual investors, financial advisors, and institutions. Vanguard's unique ownership structure means it is owned by its funds, which are in turn owned by the clients, allowing it to prioritize the needs of its investors over external shareholders. This model enables Vanguard to offer low-cost investment options, as it primarily earns revenue through management fees that are generally lower than industry standards. Additionally, Vanguard provides personalized investment advisory services, charging fees based on the assets managed. The company's goal is to help clients grow their wealth and achieve their financial objectives through effective investment strategies, while maintaining a competitive performance track record.

Kline Township, PennsylvaniaHeadquarters

1975Year Founded

SECONDARYCompany Stage

Fintech, Financial ServicesIndustries

10,001+Employees

Benefits

Best-in-class medical, dental & vision coverage

Onsite health clinic & fitness center

Health Smart Rewards program

Vanguard Retirement Savings Plan

Education Benefits

PTO

Family Planning Benefist

Parental leave

Personal development opportunities

Volunteer Time Off

Risks

Competition from AI-driven platforms like Writer challenges Vanguard's traditional advisory services.

Vanguard's stake in Steelcase exposes it to the volatile furniture market.

New active bond ETFs may struggle in a low-yield environment with increasing competition.

Differentiation

Vanguard is client-owned, aligning its interests with investors, unlike traditional firms.

The firm offers low-cost investment products, making it attractive to cost-conscious investors.

Vanguard's ownership structure allows it to focus on long-term investor value.

Upsides

Vanguard's new active bond ETFs offer diversified, low-cost fixed income options.

The acquisition of Steelcase shares diversifies Vanguard's portfolio into the furniture industry.

Launching the International Dividend Growth Fund appeals to investors seeking sustainable dividend growth.

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