Technical Product Manager, Investment Book of Record (IBOR) at Vanguard

Malvern, Pennsylvania, United States

Vanguard Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Finance, Investment ManagementIndustries

Requirements

  • Undergraduate degree or equivalent combination of training and experience required. Graduate degree preferred
  • Minimum of five years related work experience
  • Two years of leading large cross-functional teams on major organizational projects preferred
  • Strong understanding of IBOR and its role in delivering real-time investment data while ensuring operational excellence

Responsibilities

  • Leads technical product management activities for multiple technical products, or one strategic technical product. Participates in the design and continuous improvement of the technical solution
  • Collaborates with cross-functional teams to create best practices that drive significant change to the client experience
  • Coaches technical product teams towards best practices and learnings. Ensures delivery of messaging, communication, and customer outreach as necessary
  • Partners with stakeholders to resolve production and implementation issues in a timely manner, and supports/drives escalations where required to enable rapid delivery
  • Leads the planning, development and implementation of new technical products. Defines and analyzes technical markets, developing detailed product features and requirements, and developing implementation plans
  • Employs a variety of qualitative and quantitative analysis techniques to continually improve the user experience
  • Participates in and provides recommendations for ongoing business planning and departmental prioritization activities
  • Participates in the team’s engineering practices in development, continuous integration, and automated deployment
  • Participates in special projects and performs other duties as assigned

Skills

Technical Product Management
IBOR
Investment Data
Product Roadmap
Cross-functional Collaboration
Stakeholder Management
Qualitative Analysis
Quantitative Analysis
Continuous Integration
Automated Deployment
Agile Practices

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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