Securities Lending Operations is a global function that enables Vanguard to engage in securities lending activities that deliver meaningful value and improve shareholder outcomes—while balancing risk, controls, and scalability. The global team manages the life-cycle of securities lending activity—collateral, reconciliations, recalls/returns, buy-ins, corporate actions, and oversight—while modernizing processes and technology to scale safely.
Why it’s a great place to work: It’s an inclusive and dynamic global culture where talented, motivated, and diverse crew thrive, with strong emphasis on crew development. The operations are challenging, complex and drive meaningful results for shareholders. You’ll be at the center of this highly valuable operation and be able to contribute to key strategic initiatives.
The Senior Specialist is responsible for defining, designing, and driving the next generation of workflows, technology capabilities, and automation that enable scale and reduce operational risk. We’re looking for a candidate with deep securities lending experience and demonstrated strength in process engineering, workflow design, and operational architecture, coupled with industry engagement to drive effective change and build future-state operational processes. Success in this role means creating and delivering on an actionable operational improvements’ roadmap, influencing stakeholders, delivering prioritized outcomes, improving process health against quality and risk targets, and improving scalability.
Responsibilities:
- Leads strategic planning efforts. Ensures operational aspects of the funds are met for the department. Establishes short and long term goals and leads strategic planning efforts.
- Develops and implements strategic operational plans in support of departmental objectives. Oversees transactions processing requests, and leverages knowledge of global industry trends to recommend improvements to existing processes.
- Oversees, manages, and owns the resolution of key initiatives. Contributes to the development of the departmental business planning and budget.
- Collaborates with senior leaders across the department and division to determine growth objectives and opportunities. Establishes metrics to determine effectiveness and progress.
- Participates in special projects and performs other duties as assigned.
Qualifications:
- Minimum of eight years’ related work experience, with at least three years of Investment Operations experience.
- Undergraduate degree or equivalent combination of training and experience. Accounting or Finance degree preferred. Graduate degree preferred.
- CFA or other financial designations preferred.
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 eight years' related work experience
- At least three years of Investment Operations experience
- Undergraduate degree or equivalent training
- Accounting or Finance degree preferred
- CFA or other financial designations preferred
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.
