Position Overview: Vanguard’s Cash & Savings business is growing, and we’re looking for a Business Unit Strategy Analyst Specialist to join our Rate Strategy team.
The selected individual will own the end-to-end execution of rate changes across our cash products, coordinating implementation, validation, controls, evidence, and downstream activities. You’ll partner across the organization to help ensure these business-critical changes are executed accurately and effectively.
Just as importantly, you’ll help us improve how we operate. You’ll strengthen processes and controls, identify operational risks, simplify workflows, explore automation and AI-enabled solutions, and bring industry best practices into how the team works. Our goal is to build a best-in-class Rate Strategy operating model, and this role will play an important part in helping move us forward.
We’re looking for someone who combines strong execution with a continuous improvement mindset and enjoys taking ownership, solving complex operational problems, and finding better ways to work.
The impact you’ll make: Rate changes are a critical component of Vanguard’s cash products, directly influencing client outcomes, business performance, competitive positioning, and adherence to established policies.
In this role, you will help ensure rate changes are implemented accurately, timely, and within established risk and control expectations. You will coordinate end-to-end execution across a broad network of partners, manage dependencies, validate results, maintain supporting evidence, and ensure downstream activities are completed successfully.
You will also help strengthen the operating framework supporting Rate Strategy by improving procedures, identifying execution risks, enhancing controls, and simplifying workflows. You will look for opportunities to reduce manual effort through process improvement, automation, and thoughtfully governed AI-enabled solutions.
Ideal candidate capabilities:
- Operational execution: Manages complex processes end to end with strong attention to detail, clear ownership, and reliable follow-through.
- Risk and control management: Identifies and assesses operational risks, supports effective controls, maintains appropriate evidence, and promotes audit readiness.
- Process improvement: Understands how work operates end to end and continuously identifies opportunities to simplify, standardize, automate, and strengthen processes.
- Operational excellence and innovation: Continuously evaluates how we operate against industry best practices and identifies innovative ways to strengthen efficiency, effectiveness, and scalability, helping advance Rate Strategy toward a best-in-class operating model.
- Cross-functional coordination: Effectively manages dependencies, communication, and execution across multiple teams and stakeholders.
- Technical aptitude: Works comfortably in Excel and can understand, test, validate, and troubleshoot macro-enabled processes and existing VBA.
- Sound judgment: Follows established procedures while effectively navigating exceptions, changing requirements, and ambiguity.
Responsibilities:
- Execute approved rate changes from planning through implementation, validation, evidence collection, and post-change confirmation.
- Coordinate cross-functional execution by clarifying ownership, managing dependencies, tracking completion, resolving issues, and driving stakeholder readiness.
- Maintain procedures, checklists, process maps, control documentation, decision records, and supporting evidence to promote consistent execution and audit readiness.
- Identify operational risks and support risk assessment, mitigation, control execution, issue escalation, and remediation activities.
- Maintain and enhance end-to-end process documentation as business requirements, systems, and downstream processes evolve.
- Identify and implement process improvements that reduce manual effort, strengthen consistency, improve accuracy, and increase scalability.
- Support the use of automation and AI-enabled solutions to enhance process execution, documentation, quality assurance, and efficiency with appropriate oversight.
- Support vendor-related activities, including business requirements, deliverables, contract and renewal tracking, spending, performance, and issue resolution.
- Partner across product, operations, technology, finance, risk, compliance, marketing, controls, oversight, and other teams to drive successful execution.
- Provide clear and concise updates on execution status, risks, controls, issues, key decisions, and process-improvement activities.
Qualifications:
What you’ll bring:
- Minimum of 3 years of experience in business operations, process management, risk and controls, product operations, vendor management, financial services, or a related field. Experience in fintech, banking, or investment industries is preferred.
- Undergraduate degree required; a graduate degree is a plus.
- Demonstrated ability to own and execute complex operational processes with strong attention to detail and reliable follow-through.
- Experience creating, maintaining, or improving procedures, process maps, workflows, checklists, or other operational documentation.
- Experience identifying operational risks, supporting controls, maintaining evidence, and contributing to audit or control readiness.
- Strong Excel skills and familiarity with macro-enabled workbooks and VBA, including the ability to understand, test, validate, and troubleshoot existing solutions.
- Demonstrated ability to coordinate work across multiple teams, manage dependencies, resolve issues, and drive work through completion.
- Strong written and verbal communication skills, including the ability to communicate complex execution issues clearly and concisely.
- Demonstrated ability to work effectively through ambiguity, manage multiple priorities, and exercise sound judgment when process variations or exceptions arise.
- Self-directed approach with a strong interest in continuously improving how work is completed.
Preferred qualifications:
- Experience with cash, deposit, banking, fintech, investment, or related financial products.
- Experience supporting rate-change, cash-sweep, or comparable operational processes.
- Experience with risk and control frameworks, Archer, SOX controls, internal audit, or control testing.
- Experience with process mapping, process engineering, operational excellence, or procedure development.
- Vendor or contract-management experience.
- Experience with process automation tools, including Power Automate or similar solutions.
- Experience applying AI-enabled tools to process improvement, documentation, quality assurance, or decision support with appropriate human oversight.
- Familiarity with SharePoint, Microsoft Forms, PowerPoint, or evidence-management workflows.
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.
Skills Required
- Five years of related experience
- Undergraduate degree or equivalent combination of training and experience
- Ability to analyze complex data, identify business drivers, and translate findings into actionable recommendations
- Experience with forecasting, financial modeling, scenario analysis, pricing analysis, portfolio analytics, or comparable quantitative decision support
- Strong written and verbal communication skills, including executive-ready presentations and recommendations
- Ability to independently establish priorities and work effectively through ambiguity and changing business needs
- Strong business judgment, attention to detail, and risk-and-control mindset
- Ability to build effective relationships and collaborate across multiple teams and stakeholder groups
- Experience in banking, fintech, brokerage, wealth management, cash management, or investment products
- Experience with deposit pricing, deposit portfolio management, deposit beta, price elasticity, rate forecasting, client segmentation, or tiered pricing
- Experience analyzing public disclosures, earnings reports, earnings-call transcripts, economic data, or Federal Reserve policy
- Familiarity with cash sweep operations or bank-network products
- Experience with Curinos, ProSight, S&P Capital IQ Pro, advanced Excel, Power BI, Tableau, PowerPoint, Archer, SOX controls, or Copilot
Vanguard Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Vanguard and has not been reviewed or approved by Vanguard.
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Retirement Support — Retirement support appears unusually strong through a 401(k) design that includes a match plus an additional employer contribution, which can materially lift long-term total rewards. HSA seeding and an enhanced employer match further strengthen the savings-and-benefits value of the package.
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Wellbeing & Lifestyle Benefits — Wellbeing and lifestyle support is reinforced by a sizable annual FlexFund stipend that can be applied across many day-to-day categories such as fitness, childcare, and other personal expenses. On-site or virtual clinics and fitness options add practical health and wellness convenience.
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Affordable Benefits — Healthcare and related benefits are positioned as comparatively affordable via heavily subsidized medical plans and broad coverage options. This affordability can offset moderate base pay for employees who place higher value on out-of-pocket cost reductions.
Vanguard Insights
What We Do
We are a community of 30 million who think – and feel – differently about investing. Together, we’re changing the way the world invests. Since our founding in 1975, helping our investors achieve their goals is our sole reason for existence. With no other parties to answer to and therefore no conflicting loyalties, we make every decision—like keeping investing costs as low as possible—with only your needs in mind. Vanguard is one of the world's largest investment companies, offering a large selection of high-quality low-cost mutual funds, ETFs, advice, and related services. Individual and institutional investors, financial professionals, and plan sponsors can benefit from the size, stability, and experience Vanguard offers. As of April 30, 2019, we managed more than $5.6 trillion in global assets. In addition, we have 189 funds in the United States and 225 funds in global markets. For Commenting Guidelines & Important information, visit here: http://vanguard.com/linkedin Vanguard Marketing Corporation, Distributor.








