Financial Crime Operations – Associate
Location(s) Melbourne, Victoria, AU .
Work model Hybrid
Date posted 10/22/2024
Job requisition 163951
About Vanguard
More than 45 years ago, John C. Bogle had a vision to start an investment company that did things differently. A company with no external shareholders. Where all the profits were invested back into the business and used to lower costs. Evidently, it was as bold as it was brilliant. To this day, Vanguard Group still has no external shareholders. That means no share prices to protect, and no profits to generate for outside owners.
Today, Vanguard is one of the world’s largest investment management companies, serving more than 50 million investors worldwide. For more than 25 years Vanguard Australia has been supporting individual investors, financial advisers, and superannuation members to achieve their long-term financial goals.
Team & Opportunity
Supports day-to-day financial crime operations with a specific focus on governance and process improvement. This role will report to the Financial Crime Operations Manager and works closely with the entire Financial Crime Operations (FCO) team, including Financial Crime Detection and Financial Crime Investigations.
Core Responsibilities
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Conduct operational activities relevant to the AML/CTF Program and other related policies and procedures.
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Supports the FCO Manager in ensuring the smooth functioning of any management committees, by acting as an information and reference point for.
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Organising and servicing meetings, including producing agendas, taking minutes, managing registers, and producing reports.
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Identify, prepare, and review cases for management, ensuring financial crime risks identified by the Financial Crime team and the rationales for recommendations are well articulated.
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Co-ordinating, tracking and reporting on any action items from committees, forums, or projects.
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Maintaining effective records and administration, including drafting procedures, and ensuring that agreed actions are carried out.
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Working with the Financial Crime team to ensure completeness of processes and actions.
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Identify and implement continuous improvements across financial crime operations processes.
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Participate in formal and informal educational activities, including presentations, staff meetings and training programs related to AML/CTF initiatives and financial crimes prevention.
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Manage, provision and oversee system access for the team, vendors, or Administrators, including monitoring and reporting on usage.
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Participates in special projects and performs other duties as assigned.
Qualifications & Experience
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3 years+ experience in related field in financial crime, financial services, wealth management or super.
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Excellent written and verbal communication skills.
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Highly organised, excellent time management, and strong with prioritisation.
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Experience in ongoing customer due diligence or enhanced customer due diligence requirements.
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Great knowledge of Anti-Money Laundering risk and related control procedures
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Certification in AML/CTF e.g., ACAMS, is desirable but not essential
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Strong analytical skills with the ability to work independently in a fast-paced environment
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Well-developed written and oral communication skills with a strong customer focus
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.
Our 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 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.
Our commitment to you
Vanguard takes the same long-term view of your success—at work and in life—with Benefits and Rewards packages that reflect what you care about, throughout all the phases and stages of your life.
Our Total Rewards programs provide you and your loved ones with wellness support for key areas in your life:
Financial wellness
We’re committed to enabling your financial success and provide competitive offers and programs.
Physical wellness
We’re committed to providing benefits that support your physical health and wellness.
Personal wellness
We’re committed to providing resources that help support the full scope of your life.
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, color, 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 characteristic protected by federal, state or local law.
Applicants with disabilities may be entitled to reasonable accommodation under the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on Vanguard. Please inform careers@vanguard.com if you need assistance completing this application or to otherwise participate in the application process.
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, color, 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 characteristic protected by federal, state or local law.
Applicants with disabilities may be entitled to reasonable accommodation under the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on Vanguard. Please inform careers@vanguard.com if you need assistance completing this application or to otherwise participate in the application process.
Empowered to learn, grow, and thrive
Rajesh D.
“Over the past 24 years, I’ve had the privilege of being part of Vanguard that is truly client-owned. What makes this place exceptional is its culture of niceness and collaboration. It’s more than just a job; it’s a place where you can grow, make meaningful contributions, and be part of a supportive, inclusive community. Every day, I am inspired by the dedication of my colleagues and the genuine care we have for our clients. Vanguard is where I and my work truly matters and where one can build a rewarding and fulfilling career.”
2018
Senior Manager, IT Delivery2014
Manager, IT Delivery2005
Technical Scrum Lead2001
Application Engineering Technical Lead2000
Application EngineerEmpowered to learn, grow, and thrive
Rajesh D.
“Over the past 24 years, I’ve had the privilege of being part of Vanguard that is truly client-owned. What makes this place exceptional is its culture of niceness and collaboration. It’s more than just a job; it’s a place where you can grow, make meaningful contributions, and be part of a supportive, inclusive community. Every day, I am inspired by the dedication of my colleagues and the genuine care we have for our clients. Vanguard is where I and my work truly matters and where one can build a rewarding and fulfilling career.”
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2018
Senior Manager, IT Delivery -
2014
Manager, IT Delivery -
2005
Technical Scrum Lead -
2001
Application Engineering Technical Lead -
2000
Application Engineer
Empowered to learn, grow, and thrive
Akua A.
“I discovered my niche in cybersecurity at Vanguard through a combination of IT roles and the Technology Leadership Program. My initial IT roles provided me a solid technical foundation, while the leadership program offered exposure to various facets of technology and strategic thinking. The highly collaborative environment at Vanguard, combined with access to cutting-edge technology and continuous learning opportunities, solidified my commitment to cybersecurity. This specialization not only leverages my skills and interests but also provides a profound sense of purpose, knowing that my work directly contributes to the safety and trust of our clients.”
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2022
Cybersecurity Manager -
2021
Senior SIEM Analyst -
2019
SIEM Analyst -
2017
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2015
Platform Engineer -
2012
Application Engineer
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Awards
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Seramount
2023 100 Best Companies
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Vault
2023 Top Internship
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Seramount
2023 Leading Inclusion Index Company
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Human Rights Campaign
2023 Equality 100 Award
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Disability Equality Index
2023 Best Place to Work for Disability Inclusion
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US Veterans Magazine
2023 Best of the Best
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Seramount
2023 100 Best Companies for Multicultural Women
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Seramount
2023 100 Best Companies for Executive Women
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Australian Government’s Workplace Gender Equality Agency
2023 Employer of Choice for Gender Equality