Vanguard Group, Inc.

Head of Information Technology Risk

Posted on: 3 Mar 2021

Malvern, PA

Job Description

Head of Information Technology Risk

Protect our mission by protecting our clients

Doing whats right for investors everywhere means safeguarding the business. That takes strategy, and it takes you. Your technical expertise will ensure our IT department is two steps ahead of its risk. The IT Risk Teams role is to enable business strategy, protect our clients and Vanguard, and steward a strong risk culture within the IT Division.

The IT division is a significant strategic enabler for Vanguard from both a daily operational basis as well as a future state perspective. Vanguard has entrusted IT with a number of programs that are of strategic importance to the firm that need to deliver significant value over the next few years (e.g. Advice, Technology Strategy, Infosys Partnership). It is of critical importance that the IT Risk team partners with IT to effectively surface and manage the risks of our daily operations as well as those of all our strategic programs to enable Vanguard to realize the full value of our strategy.

In this role, you will:

* Assess IT programs, IT projects, technical architecture, controls and operating models to uncover risks and propose appropriate mitigations.
* Act as a trusted advisor to a number of IT sub-divisions ensuring that risks are surfaced, well-managed, risk gaps are addressed, risk acceptance decisions are strongly supported, and sound and mature business judgment is applied.
* Understand the most impactful IT risks and what controls we have in place and how effective they are so as to determine what more (or less) we should consider doing.
* Own the development, implementation and management of short and long-term risk mitigations to appropriately address the risks to Vanguards business strategies emanating from the IT division
* Measure the success and effectiveness of Vanguard's IT risk management efforts and set measurable goals to continuously raise standards.
* Advise and facilitate on risk management and governance for the IT sub-divisions, including the Enterprise Technology Strategy, so that crew and leaders are prepared to play their role in safeguarding Vanguard, and that the business has the processes, structure and culture needed to protect both Vanguard and our clients.
* Build strong relationships with leadership across IT and business divisions to develop best-in-class risk management strategies.
* Be an ambassador and drive risk management culture in the IT division.
* Be an authority of risk insight by staying on top of emerging IT trends and industry knowledge.

What it takes:

* Strong technical expertise across multiple domains (e.g. cloud, architecture, development, large programs, operations).
* Strategic mindset. Ability to think about the big picture, and to think ahead rather than reactively.
* IT experience with a natural inclination to design, build and operate technology that is sustainable, well designed and appropriately controlled.
* Strong technology control mindset. Explicit risk experience is not required.

The How:

* Collaborative nature. Strong communication skills. Well respected by peers and always willing to work with others.
* Followership. Respected as a leader, strong ability to develop employees.
* Ability to communicate, influence, navigate, persuade and build agreement across senior leaders and/or a matrix structure.
* Ability to generate creative approaches to the evolution of IT risk management

About Vanguard

We are Vanguard. Together, were changing the way the world invests.

For us, investing doesnt just end in value. It starts with values. Because when you invest with courage, when you invest with clarity, and when you invest with care, you can get so much more in return. We invest with purpose and thats how weve become a global market leader. Here, we grow by doing the right thing for the people we serve. And so can you.

We want to make success accessible to everyone. This is our opportunity. Lets make it count.

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 Vanguards 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 Vanguards 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.

Vanguard Group, Inc.

Malvern, PA

The Vanguard Group is an American registered investment advisor based in Malvern, Pennsylvania with over $5.3 trillion in assets under management. It is the largest provider of mutual funds and the second-largest provider of exchange-traded funds (ETFs) in the world after BlackRock's iShares. In addition to mutual funds and ETFs, Vanguard offers brokerage services, variable and fixed annuities, educational account services, financial planning, asset management, and trust services.

Founder and former chairman John C. Bogle is credited with the creation of the first index fund available to individual investors, and was a proponent and major enabler of low-cost investing by individuals. Vanguard is structured as a mutual company; it is owned by funds managed by the company, and is therefore owned by its customers. Vanguard offers two classes of most of its funds: investor shares and admiral shares. Admiral shares have slightly lower expense ratios but require a higher minimum investment, often between $10,000 and $100,000 per fund.

In addition to mutual funds and ETFs, Vanguard offers brokerage services, variable and fixed annuities, educational account services, financial planning, asset management, and trust services. Several mutual funds managed by Vanguard are ranked at the top of the list of US mutual funds by assets under management.

Vanguard's corporate headquarters is in Malvern, Pennsylvania, a suburb of Philadelphia. It has satellite offices in Charlotte, North Carolina and Scottsdale, Arizona. The company also has offices in Australia, Asia, and Europe.