Senior Quantitative MBS Research Analyst

Posted 10 Days Ago
Be an Early Applicant
Malvern, PA, USA
In-Office
Senior level
Fintech
The Role
Conduct quantitative research on agency residential and commercial mortgage-backed securities to support fixed income investment decisions. Develop and enhance models, quantitative measures, investment strategies, machine learning applications, and alternative data analyses. Partner with portfolio managers and traders to translate complex market and quantitative insights into actionable recommendations, improve fund returns, and reduce costs. Communicate findings effectively while contributing to initiatives and special projects.
Summary Generated by Built In

Join Vanguard’s Fixed Income team as a Senior Quantitative MBS Research Analyst, where your quantitative expertise, market knowledge, and ability to translate complex data into actionable insights will directly influence investment outcomes across multiple active funds at Vanguard. In this role, you’ll partner closely with portfolio management and trading teams to enhance fixed income decision-making, explore innovative techniques such as machine learning and alternative data, and help shape strategies that seek to generate excess returns across various agency residential (MBS) and commercial mortgage-backed securities (ACMBS). This is an opportunity for a thoughtful, analytical professional to make a meaningful impact within a mission-driven investment organization known for putting long-term client success at the center of everything we do.

Responsibilities:

  • Provides thought leadership and advocacy to identify and implement new initiatives that improve fixed income fund returns and lower their costs.

  • Works independently on projects under the guidance of senior specialists, to support the fixed income investment decision processes, utilizing specialized quantitative skills. Generates value-add insights and provides data-driven solutions to enhance fixed income investment outcomes for the active Agency MBS desk.

  • Investigates machine learning techniques and alternative data sources to introduce innovative techniques and methods in support of fixed income investment decision-making.

  • Independently creates and performs analysis to support fixed income investment strategies, creates new quantitative measures, and contributes to new investment strategies. Enhances existing models, tests alternative data sources, and communicates results.

  • Develops business acumen to bring an informed perspective to investment management teams.

  • Uses communication and interpersonal skills to integrate with the portfolio management and trading teams, adding a quantitative perspective to their day-to-day interactions with and interpretations of market developments. Tailors communication of complex concepts to the audience.

  • Participates in special projects and performs other duties as assigned.

Qualifications:

  • Undergraduate degree or equivalent combination of training and experience. Graduate degree preferred.

  • Knowledge of capital markets and investment concepts. Knowledge of Agency MBS preferred.

  • Minimum of five years related work experience, including three years related analytical work experience.

  • Technical skillset (i.e. coding, analytics, finance, fixed income products).

  • Highly self-motivated, output-oriented individual driven by intellectual curiosity.

  • Strong communication skills.

  • Strong conceptual thinking skills with the ability to connect quantitative analysis, market dynamics, and investment strategy into actionable insights.

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

  • Undergraduate degree or equivalent combination of training and experience
  • Graduate degree
  • Knowledge of capital markets and investment concepts
  • Knowledge of Agency MBS
  • Minimum of five years of related work experience
  • At least three years of related analytical work experience
  • Technical skills in coding, analytics, finance, and fixed income products
  • Strong communication skills
  • Strong conceptual thinking skills
  • Ability to connect quantitative analysis, market dynamics, and investment strategy into actionable insights

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.

  • 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.
  • 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.
  • 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

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The Company
HQ: Malvern, PA
20,252 Employees
Year Founded: 1975

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.

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