Trade Management (TM) in Vanguard is a global function that supports all the trade activity that Vanguard’s Investment Management Group conducts on behalf of all VG funds. The TM function is a sub-domain of the Global Middle Office Operations group and are responsible for getting all trades executed to settlement finality, in an accurate and timely fashion via multiple operating models across all asset classes. This includes elements of overseeing outsourced providers as well as full ownership of settlement activity in-house.
The Trade Management Specialist oversees and executes the daily operational tasks of the Trade Management team, monitoring various controls and procedures to ensure adherence to all policies and procedures. Serves as an escalation point to resolve technical issues.
In this role you will:
- Serve as subject matter and technical expert, identifies and resolves complex fund and investment operational issues. Analyzes cash flow, transaction, and portfolio holdings data.
- Lead process improvements efforts, completes comprehensive analysis, and recommends solutions.
- Document procedures across all fund and investment product types. Leverages fund and investment operational knowledge to aid in the production of gold copy data and enhance output.
- Maintain communication with internal and external partners to resolve process and reconciliation issues. Oversees the research and implement complex process improvements.
- Oversee daily operation, manages controls and verifies completion of processes
- Identify opportunities for process improvements and proactively proposes solutions.
- Participate in special projects and performs other duties as assigned.
What it takes:
- Minimum of two years related work experience and one year industry experience.
- Undergraduate degree or equivalent combination of training and experience. Accounting or Finance degree preferred.
- High level analytical and problem-solving skills.
- Ability to manage multiple priorities under strict deadlines.
- Excellent time management and organisation skills.
- Ability to understand complex technical issues.
- Proficiency with Word, Excel and other Microsoft applications preferred.
- Excellent leadership, interpersonal and motivational skills.
- Customer service orientation with excellent interpersonal and communication (verbal and written) skills; team player with positive attitude.
Special Factors:
- Available to work beyond core business hours and on some holidays based on business need. Limited Hybrid.
- Vanguard is not offering visa sponsorship for this position
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 revolutionary idea: that an investment company should manage its funds solely in the interests of its clients. Jack helped bring investing to the masses with the index fund. Index funds do not pick individual shares or bonds to beat the market. They track the performance of the entire market. Or as Jack put it, "Don't look for the needle in the haystack. Just buy the haystack!”. 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
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: to take a stand for all investors, to treat them fairly, and to give them the best chance for investment success.
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.
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.
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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.
