Portfolio Control sits within the Fund Ecosystem and is comprised of the Equity Investment Book of Record and Fund Reconciliations. The focus within Portfolio Control is ensuring operational accuracy, risk mitigation, and process excellence across Vanguard's Portfolios. The US Manager will lead the daily operations of our AZ based Analysts and support broader divisional priorities including leading through and supporting a major vendor change. It’s an exciting time in PC: platforms are modernizing, processes are evolving, and our operating model is being reimagined. Step in to drive efficiency, quality, and innovation and help craft the vision for tomorrow.
Responsibilities:
Hires, evaluates, and supervises crew. Provides guidance and training as necessary to develop crew. Sets performance standards, reviews performance, and makes informed compensation decisions in accordance with all applicable Human Resources policies and procedures.
Oversees process implementation for trade operations to ensure global consistency. Consults and advises key stakeholders, acts as subject matter and technical expert, identifies and resolves complex operational issues. Leads internal control framework improvements and formulates strategic recommendations.
Proactively identifies and mitigates external events and regulatory changes that impact team. Oversees various control standards to ensure compliance.
Oversees performance of the service model for the team and drives improvements of financial and performance management and forecast reports. Proactively anticipates portfolio events and leads process enhancement initiatives. Performs root cause analysis and applies findings to global process improvement efforts.
Collaborates with internal and external partners to support global operations. Leverages strong industry knowledge to support relationship management
Assists the global process owner in the creation of workflow procedures and maintains comprehensive documentation of current policies and procedures. Ensures the team operates according to established procedures.
Participates in special projects and performs other duties as assigned.
Qualifications:
Minimum of five years’ related work experience.
Undergraduate degree or equivalent combination of training and experience. Accounting or Finance degree preferred.
Middle Office Operations knowledge preferred.
Fixed Income knowledge 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 five years related work experience.
- Undergraduate degree or equivalent combination of training and experience.
- Accounting or Finance degree.
- Middle Office Operations and Fixed Income knowledge.
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.
