Senior Manager, Divisional Risk at Vanguard

Hyderabad, Telangana, India

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Investment Management, FinanceIndustries

Requirements

In-depth knowledge and awareness of the investment industry, risk management practices, and regulatory and/or policy changes
Ability to serve as a subject matter expert on risk management discussions
Experience leading risk initiatives with broad scope, scale, and complexity
Skills in identifying and evaluating financial, operational, market, and regulatory risks
Proficiency in conducting risk analysis and modeling to assess vulnerabilities

Responsibilities

Hires, evaluates, and supervises crew; provides guidance and training; sets performance standards, reviews performance, and makes compensation decisions in accordance with HR policies
Designs, implements, and leads the divisional risk management program
Provides divisional oversight to the enterprise and partners based on the operational and strategic risk framework
Maintains strong relationships with key stakeholders of the aligned division and implements a strong risk culture across the division
Partners with key stakeholders to establish and implement risk and control management standards within the division's processes
Provides vision and leadership regarding existing and emerging risks, aligned with strategic priorities, and communicates strategies effectively
Ensures the division has appropriate review and key controls that are designed and operating effectively
Provides consultation and analytical support to stakeholders and ensures internal controls are implemented without compromising client service
Partners with division leadership to ensure risk and control decisions in technology, service, or operating model changes; raises and executes plans for key issues
Develops, maintains, and evolves a program for monitoring and analyzing controls; establishes metrics, dashboards, and reports for control effectiveness
Reports to department leadership on controls across the department
Ensures readiness for regulatory inspections and examinations; addresses gaps proactively and reactively; evaluates and recommends changes
Oversees identification and characterization of potential financial, operational, and regulatory risks
Participates in special projects and performs other duties as assigned

Skills

Risk Management

Risk Analysis

Risk Modeling

Financial Risk

Operational Risk

Market Risk

Regulatory Risk

Stakeholder Management

Team Leadership

Performance Management

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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