Divisional Risk Advisor, Senior Specialist at Vanguard

Malvern, Pennsylvania, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Investment ManagementIndustries

Requirements

Minimum of eight years related work experience
Undergraduate degree or equivalent combination of training and experience (graduate degree preferred)
Broad conceptual thinking with the ability to align risk management strategies with business objectives
Ability to communicate complex risk concepts to senior leadership

Responsibilities

Leads the maturing of the existing risk program related to capital adequacy and liquidity, while enhancing the processes for risk scanning, scenario inventorying, tabletop exercises, and risk modeling to ensure greater robustness and resilience, including developing and applying structured methodologies to identify plausible loss scenarios, assessing correlations and probabilities, and translating insights into inputs to capital and liquidity targets
Provides risk guidance and oversight services to the business based on Vanguard's operational and strategic risk frameworks, ensuring the development and implementation of effective divisional risk appetite and metrics
Leads and assists the business in the development, implementation, and management of short- and long-term risk management strategies in accordance with department goals and objectives, standard risk management policies and procedures, and the overall risk strategy
Works with the business to mitigate risks and optimize process efficiency, uses expert industry best practice knowledge to design effective controls, and makes recommendations for developing risk management strategies
Provides consultation, facilitation, and analytical support to the divisional management team as new products, services, and processes are developed to ensure risk is appropriately mitigated
Develops and maintains strong relationships with clients to understand their ongoing risk needs and acts as a thought partner to the business
Participates in special projects and performs other duties as assigned

Skills

Risk Management

Capital Adequacy

Liquidity Management

Risk Frameworks

Scenario Analysis

Tabletop Exercises

Financial Risk

Strategic Advisory

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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