Fund Financial & Regulatory Reporting Analyst at Vanguard

Wayne, Pennsylvania, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Finance, Asset ManagementIndustries

Requirements

Minimum of five years’ related work experience in financial services or financial reporting
Undergraduate degree or equivalent combination of training and experience (Finance or Accounting degree preferred)
CPA, CA or other financial designations preferred

Responsibilities

Performs analytical review of reports for medium complexity funds for accuracy, validates results, performs control checks, resolves data issues, and requests information
Oversees the completion of the group’s key deliverables and reviews selected financial reports for accuracy
Manages dividend and capital gain distribution process and tax reporting functions as assigned
Analyzes financial reports, researches and resolves items that exceed established tolerance levels
Completes fund financial statements and reports for shareholder and regulatory reporting in accordance with local regulatory reporting requirements
Serves as escalation point of contact for the department and shares knowledge to assist colleagues with problem resolution
Identifies and documents areas of control gaps, recommends improvement measures, and manages the strengthening and maintenance of the internal control framework
Manages policies and procedures, identifies opportunities for improvement, makes recommendations for process improvements, and ensures controls are implemented and executed to mitigate risk
Develops and maintains broad understanding of regulatory reporting requirements, ensures compliance, keeps current on global regulatory changes affecting fund financial statement disclosures, and works with third party service providers and auditors to develop and implement changes
Facilitates the fund certification process, including scheduling and preparing necessary certification documents
Participates in special projects and performs other duties as assigned

Skills

Financial Reporting

Regulatory Reporting

Data Validation

Internal Controls

Process Improvement

Risk Management

Tax Reporting

Dividend Processing

Fund Accounting

Compliance Management

Vanguard

Client-owned investment management firm offering low-cost funds

About Vanguard

Vanguard provides financial services with a focus on investment management. The company offers a variety of products, including mutual funds, exchange-traded funds (ETFs), individual retirement accounts (IRAs), and 401k rollovers, aimed at individual investors, financial advisors, and institutions. Vanguard's unique ownership structure means it is owned by its funds, which are in turn owned by the clients, allowing it to prioritize the needs of its investors over external shareholders. This model enables Vanguard to offer low-cost investment options, as it primarily earns revenue through management fees that are generally lower than industry standards. Additionally, Vanguard provides personalized investment advisory services, charging fees based on the assets managed. The company's goal is to help clients grow their wealth and achieve their financial objectives through effective investment strategies, while maintaining a competitive performance track record.

Kline Township, PennsylvaniaHeadquarters

1975Year Founded

SECONDARYCompany Stage

Fintech, Financial ServicesIndustries

10,001+Employees

Benefits

Best-in-class medical, dental & vision coverage

Onsite health clinic & fitness center

Health Smart Rewards program

Vanguard Retirement Savings Plan

Education Benefits

PTO

Family Planning Benefist

Parental leave

Personal development opportunities

Volunteer Time Off

Risks

Competition from AI-driven platforms like Writer challenges Vanguard's traditional advisory services.

Vanguard's stake in Steelcase exposes it to the volatile furniture market.

New active bond ETFs may struggle in a low-yield environment with increasing competition.

Differentiation

Vanguard is client-owned, aligning its interests with investors, unlike traditional firms.

The firm offers low-cost investment products, making it attractive to cost-conscious investors.

Vanguard's ownership structure allows it to focus on long-term investor value.

Upsides

Vanguard's new active bond ETFs offer diversified, low-cost fixed income options.

The acquisition of Steelcase shares diversifies Vanguard's portfolio into the furniture industry.

Launching the International Dividend Growth Fund appeals to investors seeking sustainable dividend growth.

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