Senior Manager, Data Science at Vanguard

Malvern, Pennsylvania, United States

Vanguard Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Finance, Financial ServicesIndustries

Requirements

  • Minimum of ten years related work experience in analytical roles
  • Experience with data wrangling required - Programming skills to access, transform and prepare large scale data for statistical modeling
  • Experience utilizing statistical and machine learning methods required
  • Undergraduate degree in Analytics, Applied Mathematics, Economics, Statistics or related analytical field of study or equivalent combination of training and experience
  • Graduate degree preferred

Responsibilities

  • Assists and executes tactical plans to implement Vanguard's data science strategy to increase internal company performance and gain competitive advantage
  • Manages a team of data scientists responsible for a portfolio of diagnostic, predictive, and prescriptive analytics projects to support data-driven business decision making. Supports the continuous evolution and strategy of Vanguard's data science capabilities
  • Oversees and engages in deep dive diagnostic, predictive, and prescriptive analytics to support data-driven business decision making. Creates alternative model approaches to assess complex model design and advance future capabilities
  • Identifies and diagnoses data inconsistencies and errors, documents data assumptions, and forages to fill data gaps. Provides coaching to data scientists
  • Oversees the execution of large scale analytics projects. Applies significant quality control and risk assessment of the model, methodologies, outputs, and processes for major data science projects
  • Engages with internal stakeholders to understand and probe business processes in order to develop hypotheses. Brings structure to requests and translates requirements into an analytic approach
  • Leads and coaches test design, research design, and model validation. Provides statistical consultation services. Serves as the analytics expert on cross functional teams for large strategic initiatives and contributes to the growth of the Vanguard analytic community
  • Evaluates new technologies and manages vendors engaged in big data analysis

Skills

Data Wrangling
Statistical Modeling
Machine Learning
Predictive Analytics
Prescriptive Analytics
Big Data Analysis
Model Validation

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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