Senior Optimization Engineering Lead 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

NoVisa

Finance, InvestmentIndustries

Requirements

Extensive experience in software development, with a strong background in mathematics and investment knowledge
Hands-on experience with optimization algorithms, particularly quadratic optimization
Strong problem-solving skills and the ability to lead complex projects from conception to deployment
Proficiency in modern programming languages, frameworks, and concepts
Excellent communication and collaboration skills
Minimum of ten years related work experience, with at least seven years of development experience. Prior Investment Systems experience required
Undergraduate degree or equivalent combination of training and experience. Graduate degree in Financial Engineering or similar preferred
Experience with quantitative finance concepts and technologies preferred: Deep understanding of Linear Programming, Integer Programming, Mixed-Integer Programming, Convex Optimization, Dynamic Programming; Deep understanding of Risk Models; Knowledge of rebalancing/back testing/financial data expertise; Barra OpenOptimizer; Experience with Python and Java; Docker swarm; In memory caching (Redis); Micro services architecture design principles; Postgres database; AWS cloud expertise

Responsibilities

Collaborate closely with the quantitative methodology research team and senior architect to design and implement new investment product capabilities
Develop and optimize algorithms for investment products using quadratic optimization techniques
Lead the design and development of software solutions utilizing modern engineering practices and domain expertise
Ensure the scalability, reliability, and security of VPI systems
Mentor and guide junior developers, fostering a culture of continuous improvement and innovation

Skills

Python

Java

Docker Swarm

Redis

Microservices

Postgres

AWS

Quadratic Optimization

Linear Programming

Integer Programming

Mixed-Integer Programming

Convex Optimization

Dynamic Programming

Barra OpenOptimizer

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