Senior Manager of Behavioral Economics Team - Investment Strategy at Vanguard

Malvern, Pennsylvania, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Investment Management, FinanceIndustries

Requirements

Ph.D. or Ph.D.-level research experience in Psychology, Economics, Finance, Decision Sciences, or a related quantitative field
Experience managing behavioral researchers
Minimum of eight years related work experience in research roles or equivalent educational experience
Proven experience conducting, writing, and publishing high-impact research on behavioral economics (inferred from context)

Responsibilities

Develop Others: Coach, mentor, and manage junior researchers to unlock their potential and help them conduct rigorous and impactful projects. Provide regular performance feedback and shape personal development plans to help crew achieve their goals
Conduct Research: Perform scientifically rigorous research that is relevant to millions of investors, timely, and impactful. Analyze various datasets, including administrative data, surveys, experiments, third-party, and public datasets
Shape Vanguard’s Views: Help shape Vanguard’s perspectives on behavioral economics, household finance, investment advice, and public policy. Distill insights into high-impact written materials, such as research memos, articles, blog posts, white papers, and academic journal publications
Serve as an Ambassador: Present research to a wide range of audiences, including investors, advisors, regulators, media, and industry and academic conferences
Inform the business: Provide internal consultation services as a subject matter expert on behavioral economics. Prepare and deliver insight presentations and action recommendations
Stay Updated: Keep up with the latest trends in behavioral economics across academia and industry, identifying new ways to amplify research rigor and impact. Work with academic partners in research collaborations
Enhance Team Capabilities: Proactively identify opportunities to enhance team research capabilities, such as new data sources or analytic techniques

Skills

Behavioral Economics

Investor Behavior Analysis

Research Leadership

Data Analysis

Survey Design

Behavioral Experiments

Statistical Analysis

Administrative Data

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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