The FX Team execute foreign exchange transactions across fixed income and equity portfolios globally, in support of portfolio management objectives. The role focuses on delivering best execution and providing market insight through disciplined trading, robust analytics, and collaboration with investment teams and technology partners.
What do we expect?
- Negotiate and execute FX trades for the assigned portfolios. Assist and back up other traders as needed.
- Handle negotiated trades and high-risk situations, be viewed as price setter for trading.
- Analyze and contribute ideas to design performance attribution reports to gain insight into different trading strategies and approaches.
- Identifies potential improvements to workflow or process to improve portfolio management results. Offers opinions and recommendations to improve workflow efficiency and/or to reduce operational risk.
- Collaborate with technology and product teams to design and implement new tools, platforms, and workflows to improve operational resilience and execution quality.
- Independently initiate investment research and generate trade ideas. Contribute views and ideas to macro and multi asset fund portfolio managers. When assigned by desk head, takes ownership of specific FX strategies to implement in assigned portfolios.
- Evaluate, acquire, and/or develop models with our quantitative research team for analyzing FX investment strategies.
- Develop and maintain strategic relationships with security dealers, and leverage relationships to improve operational efficiency and trading execution.
- Develops, designs, and delivers comprehensive and effective presentations and investment reviews for internal and external clients.
- Participates in special projects and performs other duties as assigned.
What it takes:
- Eight years of demonstrated experience as investor with a preference for prior Fixed Income portfolio management, fixed income and FX trading, macro strategy, quant modeling, and/or risk management experience.
- Experience across key FX trading platforms (FX Connect, FX All, Bloomberg FXGO, 360T, etc.) and multiple execution methods (Voice, Electronic Trading, Auto Ex, etc.).
- Strong understanding of currency risk, as well as global rates and credit risk management.
- Proven record in enhancing trading practices and keeping abreast of industry developments.
- Python or other programming skills preferred.
- Excellent communication and mathematical skills
- Strong analytical and problem-solving skills
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
- Eight years of demonstrated experience as an investor
- Experience with FX Connect, FX All, Bloomberg FXGO, 360T, and multiple execution methods
- Strong understanding of currency risk, global rates, and credit risk management
- Proven record enhancing trading practices and keeping abreast of industry developments
- Excellent communication and mathematical skills
- Strong analytical and problem-solving skills
- Prior fixed income portfolio management, fixed income and FX trading, macro strategy, quantitative modeling, or risk management experience
- Python or other programming 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.
