This is a great opportunity to join Vanguard’s Broker-Dealer Treasury team in a highly visible, critical role supporting the firm’s daily liquidity, funding, and regulatory obligations that protect client assets and enable seamless client and firm money movement. In this role, you’ll apply your expertise in cash management, forecasting, broker‑dealer operations, and regulatory calculations (Customer Reserve, Net Capital) while partnering closely with internal stakeholders and external depositories to ensure accuracy, timeliness, and operational excellence.
At Vanguard, you’ll be part of a mission‑driven organization known for its client‑first philosophy, financial stability, and long‑term focus—where your work directly supports millions of investors and the integrity of the financial system. We offer a collaborative culture, meaningful work, and the opportunity to continuously improve processes while building a rewarding career at one of the most respected firms in the industry.
Responsibilities:
·Forecasts daily VMC liquidity. Determines liquidity needs and executes borrowings from optimal liquidity sources.
·Supports critical client and firm settlement activities by:
- Funding accounts to support incoming and outgoing client money movement transactions.
- Initiates Wires and ACH payments to support client and firm operational needs.
- Ensuring all depository (DTCC/NSCC/FICC/Fed) payments are made timely and accurately.
· Prepares daily Customer Reserve calculations in accordance with regulatory requirements.
· Prepares and performs required daily deposits into and withdrawals from the Customer Reserve bank accounts to properly protect customer assets.
· Manages NSCC, FICC, and OCC margin requirements and intraday calls.
· Prepares Daily Net Capital calculation in accordance with industry regulations.
· Other functions to support firm and client incoming and outgoing money movement activities.
· Maintains policies and procedures. Identifies opportunities for improvement and makes recommendations for process improvements and efficiencies.
·Participate in special projects and perform other duties as assigned.
Qualifications:
- Minimum of three year’s related work experience. Experience in accounting or financial reporting preferred.
- Undergraduate degree or equivalent combination of training and experience. Finance or Accounting degree preferred. Certified Treasury Professional (CTP), Certified Public Account (CPA ) or equivalent certification preferred.
- Detailed knowledge of broker dealer operations, accounting, and relevant regulations preferred.
- Experience with cash management software packages, or other Treasury Management Systems 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 three years related work experience
- Undergraduate degree or equivalent training
- Finance or Accounting degree preferred
- Certified Treasury Professional (CTP) or Certified Public Accountant (CPA) preferred
- Detailed knowledge of broker dealer operations
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.
