Provides operational risk expertise and advice to support a division or area based on Vanguard's risk framework
Develops and maintains divisional risk frameworks to support risk identification and mitigation
Provides risk guidance, oversight, and assurance services to enterprise and divisional partners
Manages efficiency and effectiveness of risk management; sets measurable goals and examines ways to raise standards, to increase quality and to improve overall risk management efforts of the team
Monitors progress and measures departmental success in identifying and managing risk exposure
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 as well as standard risk management policies and procedures
Works with the business to mitigate risks and optimize process efficiency
Uses industry best practice knowledge to design effective controls, and makes recommendations for developing new risk management strategies for the business
Provides consultation, facilitation and analytical support to the divisional management team as new products, services and procedures are developed to ensure risk is properly mitigated
Develops strong relationships with enterprise and divisional clients to understand their ongoing risk needs. Builds credibility as a thought partner
Assesses the design of existing controls and make recommendations, leverages industry best practice for improvement as needed
Understands the risk management framework and utilizes the core concepts when discussing risk exposures with the business
Participates in special projects and performs other duties as assigned
Requirements
Minimum of five years related work experience, with two years experience in risk management
Undergraduate degree or equivalent combination of training and experience