To assist in the growth and development of the Enterprise Risk Management Framework and to provide ongoing consultative assessment and internal control design services for Vanguard's European business units.
The Vanguard European IT landscape has grown rapidly over the recent years. Vanguard Europe has adopted a “digital first” model to enable its operations to scale and adapt swiftly to its future demands. This makes IT operations the core to the business enablement in Europe. Vanguard Europe currently has an open role for a 2nd Line IT Risk Business Partner, with IT Risk Management expertise.
The role will assist in the growth and development of the Enterprise Risk Management Framework and to provide ongoing consultative assessment and internal control design services for Vanguard's European business units.
Role and responsibilities
• Provides risk guidance, oversight, and assurance services to the business and IT teams based on the Vanguard's risk framework. Provides expert level IT technical risk advice and direction for critical software, middleware, or hardware projects on multiple platforms.
• Acts as a consultant for management team to draw on for advice and guidance regarding efficiency and effectiveness of IT risk management within the business.
• Develops and maintains strong relationships with internal stakeholders to understand their ongoing risk needs. Acts as a thought partner to the business. Builds credibility as a thought partner, and effectively persuades and influences others.
• Provides technical risk and architecture thought leadership and expertise. Provides independent challenge and oversight in the development, implementation, and management of short- and long-term technical risk management strategies in accordance with business goals and objectives as well as standard risk management policies and procedures.
• Provides independent oversight on key European (cross jurisdictional) IT change projects including any impact on the regional and/or European risk profile.
• Leverages the industry best practice for IT and follows the risk and controls assessment framework to assist both business units and projects to identify and measure risks inherent to their processes and initiatives, understand controls in place to manage risk, and identify unacceptable control gaps.
• Works with business unit management and project teams to establish risk mitigation strategies, detailed control improvement plans and approaches to controls monitoring.
• Works closely with the global risk partner community, Internal Audit and Compliance to identify areas for further efficiency and opportunities to drive more consistent practices. Supports interactions with the wider Global Risk & Security (GR&S) team, facilitating discussions and removing roadblocks where they may arise.
• Provides risk-based training programme to the business to foster a risk-smart culture.
• Stays updated on any specific IT related regulatory requirements including any upcoming changes, and support integrating those into the Risk Management Framework, where applicable.
• Provides guidance to the Business Functions Controls teams to support the execution of the ERMF with regards to the IT risks. Participate in special projects and perform other duties as assigned
What it takes
• 7+ years of general technology, IT risk or IT audit experience, including at least 5 years of relevant hands-on experience.
• Undergraduate degree in an IT related field of concentration (e.g., Computer Science, Information Technology, MIS) or equivalent combination of experience and training.
• Demonstrated technical knowledge or hands-on experience in the last couple of years e.g. Cloud computing, or Digital Business
• Demonstrated ability to function in an ambiguous & diverse environment while balancing multiple projects
• Understanding of the Funds management industry as well as the nature of risks subject to Vanguard Europe and the industry at large.
• Strong communication, interpersonal, and organizational skills with the ability to contribute in a dynamic, fast-paced team atmosphere
• Ability to manage multiple priorities and to perform complex analyses under tight deadlines.
• Communication and influence skills, able to navigate, persuade and build buy-in across a matrix structure.
Special Factors
• Vanguard is not offering 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
Vanguard’s 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.
How We Work
Vanguard has implemented a hybrid working model for most of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. Most teams work Tuesday-Thursday in the office, but for some jobs we need our crew to be in Monday-Friday. We will discuss the working pattern for your role during the interview process.
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.
We will make reasonable accommodations if you need assistance completing this application or to otherwise participate in the application process. Please inform careers@vanguard.com if you need any help.
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
