Quantitative Analyst II
AffirmFull Time
Mid-level (3 to 4 years)
Key technologies and capabilities for this role
Common questions about this position
A post-graduate degree in computer science, Mathematics or Quantitative Finance is preferred, along with a minimum of seven to ten years’ experience in data science or quantitative research in at least one asset class.
The role requires skills in translating business challenges into technological solutions, cutting-edge research in quantitative finance, AI, machine learning and NLP, and a strategic mindset to bridge current capabilities with practical AI/ML applications.
The Investment Management Fintech Strategies (IMFS) team is headquartered in Malvern, Pennsylvania.
The team embeds a culture of innovation throughout Vanguard, actively explores new technologies to improve investment performance, and seeks internal and external partners to experiment and disrupt securities investing across asset classes.
A strong candidate is a senior, forward-thinking individual with experience owning the innovation process from idea generation through prototyping and validation, skilled at working with Fixed Income portfolio managers and trading desks to deliver business value through AI/ML.
Client-owned investment management firm offering low-cost funds
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.