Fund & Investment Operations Analyst, Senior Associate
Location: Malvern, PA- Hybrid Role
Looking for your next opportunity within Vanguard? Well look no further! The Fund & Investment Operations Analyst, Senior Associate role on the Derivatives & Collateral Management team may be the perfect next step.
As part of Vanguard's Middle Office organization, our team plays a critical role in protecting Vanguard funds by ensuring appropriate collateral is exchanged with some of the world's largest financial institutions. We serve as a key control point between our investment, trading, and external counterparties, helping to mitigate risk and support the firm's derivatives activity.
This position offers a unique opportunity to gain exposure to financial markets, derivatives, risk management, and investment operations while working in a collaborative environment. You'll have the chance to drive process improvements, partner with internal and external stakeholders, and develop expertise in a specialized area that directly supports Vanguard's investment business.
What You'll Do
- Manage daily collateral operations and relationships with assigned broker-dealers and custodians.
- Investigate and resolve operational breaks, reconciliation differences, and complex exceptions.
- Lead and support process improvement initiatives that enhance efficiency, controls, and risk management.
- Partner with internal teams and external organizations to resolve issues and ensure seamless operations.
- Serve as a subject matter expert and help strengthen procedures, controls, and team knowledge.
Who May Be Interested
This opportunity may be a great fit for someone who:
- Enjoys solving complex problems and taking ownership of outcomes.
- Wants to deepen their understanding of derivatives, collateral management, middle office functions, and the broader financial markets.
- Thrives in a collaborative environment and enjoys working with partners across teams and global markets while managing their own responsibilities.
- Is interested in financial markets and wants to build a strong foundation for a long-term career in the investment industry.
Qualifications
- Minimum of 2 years of related work experience
- Undergraduate degree or equivalent combination of training and experience. Accounting, Finance, Economics, or Business-related degree preferred
- Experience with derivatives and/or collateral management is preferred but not required
- Strong analytical, problem-solving, and communication skills
This role is designated as a Fund Access Person position and is subject to applicable trading restrictions and requirements.
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
- Minimum of 2 years of related work experience
- Undergraduate degree or equivalent combination of training and experience
- Accounting, Finance, Economics, or Business-related degree (preferred)
- Experience with derivatives and/or collateral management
- Strong analytical, problem-solving, and communication skills
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.






