Legal Counsel, Associate Counsel at Vanguard

Melbourne, Victoria, Australia

Vanguard Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Investment Management, Financial ServicesIndustries

Requirements

  • Law degree (LLB, JD, LLM) coupled with practising certificate in Australia
  • Significant legal experience in the Funds Management industry
  • An executive stakeholder management skillset with a demonstrated ability to engage, influence and add value to a group of stakeholders
  • Ability to work quickly and independently with attention to detail and sensitivity to deadlines
  • Ability to adapt to dynamic and evolving environment and think flexibly with a solutions mindset

Responsibilities

  • Provides legal support to the Product, Platforms and Financial Adviser Services businesses
  • Drafts and negotiates legal documents such as contracts, agreements and correspondence of legal significance
  • Monitors, analyses, and responds to legislative and regulatory developments to ensure they are adequately addressed
  • Leads complex commercial contract negotiations and implements business processes and compliance procedures on a range of complex legal matters
  • May represent the organization in complex or specialized legal proceedings before courts, government agencies, or other authorities to ensure the organization's interests are protected
  • Develops strong working relationships with overseas-based colleagues
  • Coaches junior staff and helps resolve problems
  • Participates in special projects

Skills

Contract Drafting
Contract Negotiation
Regulatory Compliance
Legal Risk Management
Commercial Contracts
Legal Proceedings
Legislative Analysis
Compliance Procedures

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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