Risk Director, Personal Wealth (Cash and Savings)
Core
Provide independent risk oversight, credible challenge, and strategic risk advisory for Vanguard's Cash & Savings portfolio, including cash deposits, debit cards, money movement, and fraud prevention.
Role type
Senior IC Risk Director (Payments & Cash Management)
Builds
Cash management ecosystem, debit card capabilities, and money movement services
Domain
Wealth Management / Payments / Banking
Required skills
Operational risk frameworks, control design and testing, payments ecosystem expertise, regulatory compliance (Reg E, AML/KYC, PCI-DSS), team leadership, strategic risk advisory
Preferred skills
NACHA certification, JD/MBA/MS in Risk/Finance, experience with real-time payments and digital payment models
Technologies
Payment processing systems, fraud detection tools, transaction monitoring platforms
Responsibilities
Hire, evaluate, and supervise risk practitioners; Partner with stakeholders to establish risk management standards; Provide independent oversight of Line 1 risk activities; Perform independent risk assessments for high-impact risks; Monitor adherence to enterprise risk governance policies; Produce independent risk reporting for leadership; Lead team in analyzing risks and advising the business; Develop knowledge of industry and regulatory changes; Embed division-specific acumen into risk management; Participate in special projects with enterprise risk, legal, and compliance.
Seniority
Senior, hands-on IC with team leadership