Quantitative Trading Analyst at Vanguard

Malvern, Pennsylvania, United States

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Finance, Investment Management, Asset ManagementIndustries

Requirements

Undergraduate degree or above in quantitative discipline required. Graduate degree and/or professional certification (CFA, FRM) preferred
Minimum of two years related work experience. Supervisory experience preferred
Strong foundation of cross asset class investment knowledge
Ability to handle multiple, complex projects with attention to detail while meeting deadlines
Demonstrated quantitative and analytical skills
Experience with Python, R, SQL, or related programming languages highly desirable
Demonstrated ability to function in a fast-paced, dynamic working environment with multiple and diverse responsibilities
Excellent verbal, written, and interpersonal communication skills
Strong analytical, problem solving, and organizational skills

Responsibilities

Researches, evaluates, tests, and implements cutting-edge trading technology, analytics, data sources, and other tools
Works independently on transaction cost analysis, under the guidance of senior analysts, to maintain and enhance processes for trading desks based on rigorous research and quantitative analysis
Resolves issues involving data, infrastructure, and prototype technology tools leveraged by the transaction cost analysis processes. Enhances existing models, develops data sources and processes, and communicates results
Provides reporting and analytics to assist in shaping the future of the transaction cost analysis and trading agenda
Develops and maintains knowledge of market structure, microstructure, and transaction cost analysis in order to bring an informed perspective to the research process
Represents Vanguard effectively to internal and external audiences
Participates in special projects and performs other duties as assigned

Skills

Key technologies and capabilities for this role

Quantitative AnalysisTransaction Cost AnalysisTrading AnalyticsMarket MicrostructureData AnalysisPythonFinancial ModelingStatisticsProgrammingResearch

Questions & Answers

Common questions about this position

What qualifications and experience are required for the Quantitative Trading Analyst role?

An undergraduate degree in a quantitative discipline is required, with a graduate degree or CFA/FRM preferred. Minimum of two years related work experience is needed, along with strong quantitative and analytical skills, and experience with Python, R, SQL or related languages is highly desirable.

Is visa sponsorship available for this position?

Vanguard is not offering visa sponsorship for this position.

What is the salary or compensation for this role?

This information is not specified in the job description.

What kind of work environment can I expect in this role?

The role involves working independently in a fast-paced, dynamic environment with multiple and diverse responsibilities, collaborating with global trading desks and partners across asset classes.

What skills make a strong candidate for this position?

Strong candidates have excellent quantitative and analytical skills, experience with programming languages like Python, R, or SQL, excellent communication skills, and the ability to handle complex projects in a dynamic environment.

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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