Quantitative Investment Analyst

April 4, 2019|Malvern, PA, US
Job Requisition #123986

As a Quantitative Investment Analyst you will research and develop proprietary quantitative models for return forecasting, asset allocation, life-cycle investing and financial planning. The analyst will perform ongoing research necessary to support and enhance Vanguard’s investment methodology via quantitative models, serve as resource for internal investment groups (e.g., Asset Management, Advisor Services) and participate in generating department-initiated topics that will be used by both internal and external clients/prospects. The position will be part of a global team responsible for establishing and maintaining a robust investment and modeling research effort at

Vanguard.

Duties and Responsibilities

  • Researches and develops or implements quantitative models that apply expected return / risk simulations to areas such as asset allocation, life-cycle investing, financial planning and wealth management.
  • Researches and develops or implements quantitative models for financial planning that apply expected return / risk simulations to determine asset allocation, asset location, saving and spending strategies.
  • Researches and develops quantitative models of expected return / risk for various assets.
  • Analyzes complex investment research issues, focusing on financial markets and their implications for portfolio construction, asset allocation strategies, and investment advice.
  • Performs quantitative analysis and offers opinions and recommendations.
  • Presents analysis and results internally and on occasion externally to Vanguard clients or constituents.
  • Prepares written and statistical analyses as needed for clients, prospects, senior management and the media. Contributes written material for internal and external publications.
  • Presents analysis and results internally and on occasion externally to Vanguard clients or constituents.
  • Supports internal client requests on ad hoc research projects. Meets with senior management to determine requirements for research requests. Assists in the creation of investment-related presentations given by Vanguard senior management.
  • Serves as investment resource for advice delivery groups, e.g. the Web and High Net Worth. Develops schedule and format of any ongoing research needs that may be requested by internal clients.
  • Participates in group discussions designed to identify and debate investment issues and potential research projects. Develops recommendations on new research topics or quantitative methodologies.
  • Participates in special projects and performs other duties as assigned.

Qualifications

  • PhD or Master’s degree with specialization in areas of Financial Engineering, Quantitative Finance, Quantitative Economics, time-series econometrics, or empirical finance strongly preferred.
  • Quantitative role – modeling and econometrics.
  • Must be familiar with optimization techniques including but not limited to stochastic dynamic programming.
  • Proficiency in Matlab (preferred) or Python or R etc…
  • Background OR research related to econometrics

Special Factors

Vanguard is not offering visa sponsorship for this position.

About Vanguard

We are Vanguard. Together, we’re changing the way the world invests.

For us, investing doesn’t just end in value. It starts with values. Because when you invest with courage, when you invest with clarity, and when you invest with care, you can get so much more in return. We invest with purpose – and that’s how we’ve become a global market leader. Here, we grow by doing the right thing for the people we serve. And so can you.

We want to make success accessible to everyone. This is our opportunity. Let’s make it count.

Inclusion Statement

Vanguard’s continued commitment 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.

April 4, 2019|Malvern, PA, US
Job Requisition #123986

As a Quantitative Investment Analyst you will research and develop proprietary quantitative models for return forecasting, asset allocation, life-cycle investing and financial planning. The analyst will perform ongoing research necessary to support and enhance Vanguard’s investment methodology via quantitative models, serve as resource for internal investment groups (e.g., Asset Management, Advisor Services) and participate in generating department-initiated topics that will be used by both internal and external clients/prospects. The position will be part of a global team responsible for establishing and maintaining a robust investment and modeling research effort at

Vanguard.

Duties and Responsibilities

  • Researches and develops or implements quantitative models that apply expected return / risk simulations to areas such as asset allocation, life-cycle investing, financial planning and wealth management.
  • Researches and develops or implements quantitative models for financial planning that apply expected return / risk simulations to determine asset allocation, asset location, saving and spending strategies.
  • Researches and develops quantitative models of expected return / risk for various assets.
  • Analyzes complex investment research issues, focusing on financial markets and their implications for portfolio construction, asset allocation strategies, and investment advice.
  • Performs quantitative analysis and offers opinions and recommendations.
  • Presents analysis and results internally and on occasion externally to Vanguard clients or constituents.
  • Prepares written and statistical analyses as needed for clients, prospects, senior management and the media. Contributes written material for internal and external publications.
  • Presents analysis and results internally and on occasion externally to Vanguard clients or constituents.
  • Supports internal client requests on ad hoc research projects. Meets with senior management to determine requirements for research requests. Assists in the creation of investment-related presentations given by Vanguard senior management.
  • Serves as investment resource for advice delivery groups, e.g. the Web and High Net Worth. Develops schedule and format of any ongoing research needs that may be requested by internal clients.
  • Participates in group discussions designed to identify and debate investment issues and potential research projects. Develops recommendations on new research topics or quantitative methodologies.
  • Participates in special projects and performs other duties as assigned.

Qualifications

  • PhD or Master’s degree with specialization in areas of Financial Engineering, Quantitative Finance, Quantitative Economics, time-series econometrics, or empirical finance strongly preferred.
  • Quantitative role – modeling and econometrics.
  • Must be familiar with optimization techniques including but not limited to stochastic dynamic programming.
  • Proficiency in Matlab (preferred) or Python or R etc…
  • Background OR research related to econometrics

Special Factors

Vanguard is not offering visa sponsorship for this position.

About Vanguard

We are Vanguard. Together, we’re changing the way the world invests.

For us, investing doesn’t just end in value. It starts with values. Because when you invest with courage, when you invest with clarity, and when you invest with care, you can get so much more in return. We invest with purpose – and that’s how we’ve become a global market leader. Here, we grow by doing the right thing for the people we serve. And so can you.

We want to make success accessible to everyone. This is our opportunity. Let’s make it count.

Inclusion Statement

Vanguard’s continued commitment 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.

Our commitment to equal employment opportunity

Vanguard is an equal opportunity employer. Vanguard is committed to providing all crew members a working environment that is free from discrimination, prejudice and bias. Through this Equal Employment Opportunity (EEO) Policy, Vanguard reaffirms its commitment to equal employment opportunity for all applicants and crew members without regard to race, color, national origin or ancestry, religion, gender, sex, sexual orientation, gender identity or expression, age, disability, marital status, veteran or military status. In addition, Vanguard prohibits discrimination based on genetic information, as well as any other characteristic protected by federal, state or local law.

Applicants with disabilities may be entitled to reasonable accommodation under the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on Vanguard. Please inform careers@vanguard.com if you need assistance completing this application or to otherwise participate in the application process.

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