High Yield Fixed Income Portfolio Manager
Manages portfolios and performs portfolio analysis for assigned portfolios.
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
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. Manages and oversees assigned fixed income index portfolios that meet or exceed performance standards consistent with investment objectives while adhering to client-specified or regulatory restrictions and constraints. Ensures portfolio risk is managed by working with the investment teams and confirming that all aspects of the investment decision process are consistent with guidelines and standards. Ensures that portfolio construction and trading decisions are implemented in line with investment objectives, Investment Management Agreements and the Risk Management Statement. Implements and oversees processes and controls to determine and demonstrate compliance with the regulations for individual role being performed and for the department. Participates in special projects and performs other duties as assigned.
What it takes:
Twelve years of related work experience, including five years investment management experience. Five years High Yield Fixed Income experience required. Experience managing Index portfolios preferred. Undergraduate degree in finance or economics or equivalent combination of training and experience required. Graduate degree preferred. 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.
Job ID 165800 #J-18808-Ljbffr
Manages portfolios and performs portfolio analysis for assigned portfolios.
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
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. Manages and oversees assigned fixed income index portfolios that meet or exceed performance standards consistent with investment objectives while adhering to client-specified or regulatory restrictions and constraints. Ensures portfolio risk is managed by working with the investment teams and confirming that all aspects of the investment decision process are consistent with guidelines and standards. Ensures that portfolio construction and trading decisions are implemented in line with investment objectives, Investment Management Agreements and the Risk Management Statement. Implements and oversees processes and controls to determine and demonstrate compliance with the regulations for individual role being performed and for the department. Participates in special projects and performs other duties as assigned.
What it takes:
Twelve years of related work experience, including five years investment management experience. Five years High Yield Fixed Income experience required. Experience managing Index portfolios preferred. Undergraduate degree in finance or economics or equivalent combination of training and experience required. Graduate degree preferred. 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.
Job ID 165800 #J-18808-Ljbffr
