Investment Operations Senior Analyst

As part of Vanguard's Middle Office organization, our team plays a critical role in protecting Vanguard funds by ensuring appropriate collateral is exchanged with some of the world's largest financial institutions. We serve as a key control point between our investment, trading, and external counterparties, helping to mitigate risk and support the firm's derivatives activity.

This position offers a unique opportunity to gain exposure to financial markets, derivatives, risk management, and investment operations while working in a collaborative environment. You'll have the chance to drive process improvements, partner with internal and external stakeholders, and develop expertise in a specialized area that directly supports Vanguard's investment business.

What You'll Do

• Manage daily collateral operations and relationships with assigned broker-dealers and custodians.
• Investigate and resolve operational breaks, reconciliation differences, and complex exceptions.
• Lead and support process improvement initiatives that enhance efficiency, controls, and risk management.
• Partner with internal teams and external organizations to resolve issues and ensure seamless operations.
• Serve as a subject matter expert and help strengthen procedures, controls, and team knowledge.

Who May Be Interested

This opportunity may be a great fit for someone who:

• Enjoys solving complex problems and taking ownership of outcomes.
• Wants to deepen their understanding of derivatives, collateral management, middle office functions, and the broader financial markets.
• Thrives in a collaborative environment and enjoys working with partners across teams and global markets while managing their own responsibilities.
• Is interested in financial markets and wants to build a strong foundation for a long-term career in the investment industry.

Qualifications

• Minimum of 2 years of related work experience
• Undergraduate degree or equivalent combination of training and experience. Accounting, Finance, Economics, or Business-related degree preferred
• Experience with derivatives and/or collateral management is preferred but not required
• Calypso system experience preferred
• Strong analytical, problem-solving, and communication skills

This role is designated as a Fund Access Person position and is subject to applicable trading restrictions and requirements.

If you'd like to learn more about the team, day-to-day responsibilities, or career opportunities within the department, please feel free to reach out to Brandon Crystle.

 

How We Work

Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.