Manager, Third‑Party Risk Management
You will manage a team responsible for performing risk evaluations and assessments of third‑party vendors and external partners. In this role, you’ll provide ongoing consultation and support to help the business effectively identify, mitigate, and report operational and strategic risks tied to third parties. You’ll partner across divisions to strengthen Vanguard’s third‑party risk framework and ensure consistent application of risk standards. This is a high‑impact leadership opportunity to guide critical risk decisions and enhance the firm’s protection against third‑party risk.
Core Responsibilities
Leadership & Development: Hires, evaluates, and supervises crew and contractors. Provides coaching, guidance, and training to support professional development. Sets performance standards, reviews performance, and makes informed compensation decisions in accordance with HR policies and procedures.
Risk Guidance & Oversight: Leads the development and delivery of third‑party risk guidance and oversight to business clients. Oversees evaluation and monitoring activities aligned with Vanguard’s operational risk framework. Builds strong partnerships across divisions to understand and support third‑party risk needs.
Risk Tools & Assessment Materials: Manages the creation, maintenance, and distribution of third‑party risk assessment materials. Ensures that tools and processes align with global risk policy and promote efficient risk identification, monitoring, and reporting. Establishes and maintains key criteria for tracking and reporting risk trends to assess framework effectiveness.
Metrics & Reporting: Oversees the development of third‑party risk metrics and reports outcomes to internal stakeholders. Ensures documentation collection and due‑diligence processes comply with internal standards and regulatory expectations.
Knowledge Sharing & Best Practices: Participates in cross‑functional and cross-divisional forums to facilitate continuous learning and knowledge sharing on third‑party risk methodology. Shares tools, techniques, and best practices to promote high‑quality, consistent risk management practices across teams.
Project Consultation & Execution: Provides consultation and facilitation support for projects related to third‑party risk. Coordinates, prioritizes, and actively manages multiple workstreams throughout the project lifecycle. Ensures team deliverables and timelines are met.
Industry & Regulatory Awareness: Develops and maintains broad industry knowledge, including emerging third‑party risk management practices, regulatory expectations, and policy changes impacting the organization.
Cross‑Functional Collaboration: Leads collaboration efforts with partners across departments and divisions to ensure coherent, efficient third‑party risk management. Influences stakeholders to adopt and advance the enterprise risk framework.
Additional Responsibilities: Participates in special projects and performs other duties as assigned.
Qualifications
Minimum of five years of related work experience, including two years in risk management.
Supervisory or team leadership experience preferred.
Undergraduate degree or equivalent combination of training and experience required.
Graduate degree preferred (e.g., MBA, M.Com).
Professional certifications preferred (CTPRP, CPA, CIA, CISI, MBA with risk or finance emphasis).
Strong understanding of operational risk frameworks, third‑party/vendor risk processes, and risk reporting.
Excellent communication, stakeholder management, and analytical skills.
Proficiency in risk management tools and Microsoft Office suite.
Special Factors
Sponsorship
Vanguard is not offering visa sponsorship for this position.About Vanguard
At Vanguard, we don't just have a mission—we're on a mission.
To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best.
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.