AML Oversight Senior Analyst

Role Overview

As a vital member of the FAS AML Oversight team, you will be instrumental in shielding Vanguard from financial crime risks affecting the FAS client portfolio. Operating in a dynamic and evolving regulatory landscape, this position involves oversight and challenge of complex first line anti-money laundering (AML) and financial crime controls, ensuring they are properly designed, executed, and functioning as intended.

Serving as an AML subject matter expert, you will collaborate closely with internal partners and third-party vendors to ensure compliance with regulatory requirements and industry best standards. Your efforts will support the continuous improvement of Vanguard's financial crime risk management framework by enhancing governance, oversight, and control processes.

The role extends to supporting suspicious activity monitoring and investigations, overseeing transaction monitoring, know-your-customer (KYC), and sanctions screening operations, ensuring alignment with the latest financial crime regulations. Through robust analysis, oversight, and stakeholder engagement, you will contribute to protecting Vanguard, its customers, and the integrity of the wider financial ecosystem.

Responsibilities

• Function as a senior AML analyst working closely with internal teams and third-party providers to guarantee accurate and timely completion of operational processes.
• Act as the key point of contact for external vendors on AML/KYC matters and perform internal AML checks for certain client relationships.
• Review and respond to AML/KYC workflows and communications, addressing issues such as sanctions and adverse media alerts, suspicious activity, document verification, politically exposed persons (PEP), risk client assessments, statements of work (SoW), and high-risk client cases.
• Analyze transaction monitoring outputs to detect potentially suspicious behaviors.
• Evaluate Distribution and Rebate Agreements from an AML compliance perspective.
• Execute routine administrative duties including updating trackers, completing checklists, and reviewing compliance reports.
• Compile management information (MI) metrics and reports for internal teams, analyze data for trends or errors, and address root causes of AML-related complaints.
• Draft and revise internal procedures based on Anti-Financial Crime (AFC) policies and standards.
• Collaborate with external stakeholders to verify the effectiveness of AML controls for Vanguard’s investors.
• Identify operational or control vulnerabilities and support remedial measures.
• Lead and participate in various meetings such as annual due diligence and monthly service reviews with Transfer Agents.
• Support internal training efforts to enhance AML/KYC awareness, including delivering foundational AML training to new team members.
• Engage in projects aimed at improving controls, increasing operational efficiency, and mitigating AML risks.

Requirements

• In-depth knowledge of UK and Irish AML regulations with at least 3 to 5 years’ experience in an AML role, preferably within Asset/Wealth Management or Transfer Agent environments.
• Preferably experienced working within or overseeing Transfer Agents regarding AML compliance.
• Strong familiarity with institutional and corporate investor client profiles, including intricate structures such as trusts, charities, pension schemes, and regulated investor types.
• Highly self-driven, proactive, and capable of working autonomously while managing shifting business priorities.
• Experience in transaction monitoring is desirable.
• Excellent communication and stakeholder management abilities.
• Competency in managing small scale projects and leading or contributing to meetings or calls.
• Robust organizational and analytical skills, able to balance multiple priorities in ambiguous situations.
• Familiarity with Microsoft Power Platform tools, SharePoint, Power BI, SQL, or comparable data and reporting platforms is advantageous.

Work Environment

Vanguard supports a hybrid working model to blend flexibility with opportunities for face-to-face learning, collaboration, and connection, nurturing a culture that focuses on client success and enriching employee experience.