Supports the Fixed Income portfolio management and trade execution process.
About Vanguard
Vanguard is an investment company unlike any other. It was founded by Jack Bogle in the US in 1975 on a simple but ground-breaking idea: that an investment company should handle its funds solely in the interests of its clients. We have stood for low-cost, uncomplicated investing ever since. Over the last 45 years people have come round to our way of thinking and more than 30 million investors worldwide now trust us with their money.
Core Responsibilities
Works closely with the credit analysts and PMs on generating actionable investment ideas for the funds. Negotiates and executes trades for fixed income managed portfolios. Measures the impact of derivative trades on the relevant portfolios. Manages relationships with security dealers. Acts as a backup in investment decision-making function when the portfolio manager is off the desk. Authorized to invest cash flows across markets and act as portfolio manager with a lower level of discretion. Performs market and risk analysis for senior staff to identify critical data for decision-making. Tracks sector spreads and identifies sector relationships. Interprets risk of new events across a broad sector class. Develops, evaluates, and acquires models for analysing investment strategies and cost analysis for executions. Generates complex performance attribution reports, identifies and resolves issues to produce accurate analyses. Responds to fixed income desk inquiries pertaining to bond trading information and bond pricing. Performs vital analysis and relays relevant information to the appropriate portfolio manager for action. Acts as a liaison with outside bond vendors, develops and maintains strategic relationship with security dealers. Identifies, recommends, and develops process and operational improvements. Develops strategies to contribute through efficient execution and quantitative research. Helps develop operational knowledge of less tenured traders. Conducts analysis on data and develops trading and portfolio strategies with oversight. Independently generates ideas and research. Strives to achieve the best execution on trades. What it takes:
5+ years Fixed Income trading experience across Investment Grade products required, High Yield trading experience preferred. Undergraduate degree or equivalent combination of training and experience required. CFA preferred. Special Factors
Vanguard is not offering visa sponsorship for this position. This is a full-time in office role. Inclusion Statement
Vanguard's continued dedication 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 Vanguard's 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 Vanguard's 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. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation. 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.
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Works closely with the credit analysts and PMs on generating actionable investment ideas for the funds. Negotiates and executes trades for fixed income managed portfolios. Measures the impact of derivative trades on the relevant portfolios. Manages relationships with security dealers. Acts as a backup in investment decision-making function when the portfolio manager is off the desk. Authorized to invest cash flows across markets and act as portfolio manager with a lower level of discretion. Performs market and risk analysis for senior staff to identify critical data for decision-making. Tracks sector spreads and identifies sector relationships. Interprets risk of new events across a broad sector class. Develops, evaluates, and acquires models for analysing investment strategies and cost analysis for executions. Generates complex performance attribution reports, identifies and resolves issues to produce accurate analyses. Responds to fixed income desk inquiries pertaining to bond trading information and bond pricing. Performs vital analysis and relays relevant information to the appropriate portfolio manager for action. Acts as a liaison with outside bond vendors, develops and maintains strategic relationship with security dealers. Identifies, recommends, and develops process and operational improvements. Develops strategies to contribute through efficient execution and quantitative research. Helps develop operational knowledge of less tenured traders. Conducts analysis on data and develops trading and portfolio strategies with oversight. Independently generates ideas and research. Strives to achieve the best execution on trades. What it takes:
5+ years Fixed Income trading experience across Investment Grade products required, High Yield trading experience preferred. Undergraduate degree or equivalent combination of training and experience required. CFA preferred. Special Factors
Vanguard is not offering visa sponsorship for this position. This is a full-time in office role. Inclusion Statement
Vanguard's continued dedication 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 Vanguard's 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 Vanguard's 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. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation. 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.
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