Taxable Money Market Portfolio Manager
The Vanguard Money Market team oversees $700B in assets and is the 3rd largest money fund provider in the industry. This role will serve as the second in command to the Head of Taxable Money Markets, managing portfolios and performing detailed analysis for the Taxable Money Market portfolios.
Core Responsibilities:
- Partner with the Head of Taxable Money Markets to develop and implement investment strategies for all Vanguard money market portfolios.
- Day-to-day responsibility for the portfolio management of several Vanguard MMFs including the trading of repurchase agreements, US Treasuries, and US agency securities.
- Represent the Taxable Money Market team, funds, and strategies to both internal and external audiences, such as clients, at industry conferences, with regulators, or with industry associations.
- Cultivate and maintain strong relationships with external trading counterparties and internal business partners, such as credit research, trading operations, Office of the General Counsel, investment risk, and investment strategy.
- Help train and develop less tenured Taxable Money Market team members.
Qualifications:
- 10 years of related work experience, including 5 years of Money Market experience preferred.
- Undergraduate degree in finance, economics, mathematics, or statistics or equivalent combination of training and experience preferred.
- MBA and/or CFA preferred.
- Experience with SEC rule 2a-7.
- Leadership experience within the investment management industry 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.
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.
