Senior Manager, Divisional Risk

About Vanguard
Founded in 1975, Vanguard is one of the world's leading investment management companies. The firm offers investments, advice, and retirement services to tens of millions of individual investors around the globe—directly, through workplace plans, and through financial intermediaries.

Vanguard's India Office

Vanguard's office in India is a significant milestone in our global expansion. We are committed to establishing an enduring technology center in Hyderabad, Telangana and are excited to be adding talent who will focus on Artificial Intelligence (AI), mobile, and cloud-based technologies that drive our business outcomes and deliver a world-class experience for our clients.  

Role Summary:
The Senior Manager, Divisional Risk leads and oversees risk management for the division, ensuring that risk matters are considered and addressed. Ensures the development and implementation of effective divisional controls and oversight. Leads risk initiatives with broad scope, scale and complexity. Responsibilities also include identifying and evaluating financial, operational, market and regulatory risks; conducting risk analysis and modeling to assess vulnerabilities; and developing procedures to monitor, report and mitigate risk exposures.

Responsibilities:

• Hires, evaluates, and supervises crew. Provides guidance and training as necessary to develop crew. Sets performance standards, reviews performance, and makes informed compensation decisions in accordance with all applicable Human Resources policies and procedures.

• Designs, implements, and leads the divisional risk management program. Provides divisional oversight to the enterprise and partners based on the operational and strategic risk framework. Maintains strong relationships with key stakeholders of aligned division. Responsible for implementing a strong risk culture across division.

• Partners with key stakeholders to establish and implement risk and control management standards within the division's processes, based on the divisional risk profile and enterprise and divisional policies. Provides vision and leadership regarding existing and emerging risks, in alignment with strategic priorities. Effectively communicates strategies and plans to all appropriate parties.

• Ensures that the division has an appropriate level of review and key controls, and that key controls are designed and operating effectively in accordance with established standards.

• Provides consultation and analytical support to key stakeholders as needed, and ensures internal controls are properly implemented without compromising client service.

• Partners with the division's leadership team to ensure business risk and control decisions are made during the design and development of technology and service or operating model changes. Proactively raises and executes plans to address key issues.

• Develops, maintains, and evolves a comprehensive program for monitoring and analyzing controls. Establishes metrics, dashboards, and reports that are distributed regularly and can be used to identify potential control opportunities, as well as monitor the effectiveness of the controls in place. Reports to department leadership on controls across the department.

• Ensures readiness for regulatory inspections and examinations. Addresses gaps both pro-actively and reactively. Evaluates and recommends change, as needed, and in coordination with key business partners.

• Develops and maintains in-depth knowledge and awareness of the investment industry, risk management practices, and regulatory and/or policy changes. Serves as a subject matter expert on risk management discussions. Takes an active role in industry forums and remains current on issues and regulatory events affecting the division, firm, and industry.

• Participates in special projects and performs other duties as assigned.

• Oversees identification and characterization of potential financial, operational, and regulatory risks, including assessment of critical asset vulnerability.

• Leads development of risk modeling efforts to assess probability, impact, and valuation of potential risk events to support mitigation strategies.

• Ensures divisional alignment with enterprise insurance strategies, including coverage optimization across property, liability, and executive risk.

• Drives stakeholder and regulatory risk reporting, ensuring data integrity and responsiveness to evolving requirements.

Qualifications:

• Minimum 12 years of relevant work experience, with at least 8 years focused on risk management, enterprise risk, or internal controls; previous team leadership or managerial experience strongly preferred.

• Bachelor's degree in accounting, Finance, Business Administration, Economics, Commerce, Engineering, or related field; master's degree (CA, MBA, M. Com, M.Sc. Risk Management, etc.) preferred.

• Deep expertise in risk identification, modeling, internal control frameworks, stakeholder communication, and regulatory risk reporting. Strong leadership, strategic vision, and influence across business and governance teams.

Location

This role is based in Hyderabad, Telangana at Vanguard's India office. Only qualified external applicants will be considered.

Our mission

Vanguard adheres to a simple purpose: To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success.

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. 

How we work

Vanguard has implemented a hybrid working model for most of our employees (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.