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Senior Anti-Financial Crime Associate

Employer
Vanguard
Location
London, United Kingdom
Salary
Competitive Salary
Closing date
Feb 13, 2024

View more

Job Role
Other
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Supporting the Head of Anti Financial Crime (“AFC”) maintain the anti-financial crime framework (which consists of anti-money laundering/counter terrorist financing, sanctions, tax evasion and anti-bribery and corruption) and provide advice and guidance on all issues and escalations to ensure the effective protection of the interests of Vanguard and its customers from financial crime.
The role will support our B2B business in Ireland and the UK as well as our sales offices across Europe. The role can be based in either Ireland or the UK.

Supporting the Head of Anti Financial Crime (“AFC”) maintain the anti-financial crime framework (which consists of anti-money laundering/counter terrorist financing, sanctions, tax evasion and anti-bribery and corruption) and provide advice and guidance on all issues and escalations to ensure the effective protection of the interests of Vanguard and its customers from financial crime. The role will support our B2B business in Ireland and the UK as well as our sales offices across Europe. The role can be based in either Ireland or the UK.

Core

Responsibilities:


Continue to embed, enhance, and maintain Vanguard’s anti financial crime framework.
Create, update, and manage the Anti Financial Crime policies, procedures, and supplements.
Identify and pro-actively manage current and emerging financial crime risks, legislative changes, developments and provide a summary and impact assessment.
Be the point of contact for all financial crime related queries from crew, regulators, and intermediaries.
Assist with strategic planning.
Create, manage, and deliver Financial Crime Training, including tailored face to face Training.
Work with the compliance monitoring team to create specific financial crime testing programs for oversight of our outsourced vendor relationships.
Advise and create appropriate anti financial crime related language in contractual documentation.
Enhance the Vanguard Ireland annual risk assessment model and process for AML, Sanctions and Bribery and Corruption and input into the UK annual risk assessment for the B2B business.
Enhance the AFC management information reports for the B2B business.
Ad hoc project work relating to other financial crime matters as required.
Represent the Anti Financial Crime team at client due diligence visits, first line forums and external meetings and events.

Record and file suspicious transaction reports

What it takes:

Strong understanding of Anti Money Laundering/Counter Terrorist financing, sanctions and Anti Bribery and Corruption requirements, risk, regulatory expectations, industry practice, business systems and processes in Ireland and the UK
Excellent communication skills to influence stakeholders, regularly liaise, articulate complex situations and be a point of contact for the business regarding financial crime issues and escalations.
Ability to work collaboratively and effectively with key stakeholders (both internally and externally)
Be solutions orientated and use initiative.
High standard of accuracy and excellent attention to detail
Strong written and verbal communication skills for report writing and presentations.
Ability to prioritise workloads and adhere to deadlines.
Experience developing and implementing effective Anti-Financial Crime tools and processes designed to reduce reputational impact and opportunities for regulatory sanctions and penalties.
Excellent organisational skills

Qualifications:

Minimum five years related AFC work experience. Management Company/Asset Management 2nd Line AFC experience preferred.
Undergraduate degree or equivalent combination of training and experience.
Knowledge of the money laundering regulations in Ireland and the UK as well as regulations relating to Bribery and corruption, Sanctions and Tax Evasion.

Special Factors:

This position follows a hybrid working model that will require you to be in our Dublin or London office three days per week.
Vanguard is not offering visa sponsorship for this position.

About Vanguard
Vanguard is an investment company unlike any other. It was founded by Jack Bogle in the US in 1975 on a simple but revolutionary idea: that an investment company should manage its funds solely in the interests of its clients. Jack helped bring investing to the masses with the index fund. Index funds do not pick individual shares or bonds to beat the market. They track the performance of the entire market. Or as Jack put it, "Don't look for the needle in the haystack. Just buy the haystack!”. We have stood for low-cost, uncomplicated investing ever since. Over the last 45 years people have come round to our way of thinking and more than 30 million investors worldwide now trust us with their money.

Inclusion Statement
Vanguards continued commitment to diversity and inclusion is firmly rooted in our culture. Every decision we make to best serve our clients, crew (internally employees are referred to as crew), and communities is guided by one simple statement: “Do the right thing.”
We believe that a critical aspect of doing the right thing requires building diverse, inclusive, and highly effective teams of individuals who are as unique as the clients they serve. We empower our crew to contribute their distinct strengths to achieving Vanguard’s core purpose through our values.
When all crew members feel valued and included, our ability to collaborate and innovate is amplified, and we are united in delivering on Vanguard's core purpose: to take a stand for all investors, to treat them fairly, and to give them the best chance for investment success.

Our commitment to equal employment opportunity
Vanguard is an equal opportunity employer. Vanguard is committed to providing all crew members a working environment that is free from discrimination, prejudice and bias. Through this Equal Employment Opportunity (EEO) Policy, Vanguard reaffirms its commitment to equal employment opportunity for all applicants and crew members without regard to race, colour, national origin or ancestry, religion, gender, sex, sexual orientation, gender identity or expression, age, disability, marital status, veteran or military status. In addition, Vanguard prohibits discrimination based on genetic information, as well as any other protected characteristic.

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.

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