Quantitative Investment Analyst
We are seeking a Quantitative Investment Analyst focusing on developing proprietary econometric forecasting models of financial and macroeconomic variables as part of the Vanguard Capital Markets Model.
Team & Opportunity
The Investment Strategy Group (ISG) is a global team that serves as Vanguard's in-house think tank, with subject matter experts based in North America, Europe, and the Asia-Pacific region. The team produces industry-leading research to help shape perspectives, plays a central role in developing Vanguard's investment and advice methodology, and informs decisions about our investment offerings and strategies. As the Capital Markets research team within ISG, we are responsible for designing models for asset return forecasts and performing quantitative market strategy research.
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We are seeking a Quantitative Investment Analyst focusing on developing proprietary econometric forecasting models of financial and macroeconomic variables as part of the Vanguard Capital Markets Model. This model powers our investment outlook and strategic asset allocation decisions. In this role, you'll work with colleagues in London (and globally) on projects using time series econometrics to expand and improve our models. Your work will also involve producing insights to communicate our investment outlook and capital market assumptions.
Vanguard has incredible people and an inspiring mission: To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success. If you are interested in analysing global markets and developing investment insights, and have a passion for data, macroeconomic and financial research, and working in teams, this is a great opportunity for you. Vanguard is fully committed to having a diverse and inclusive working environment. This role will be based in London, UK.
In this role, you will:
- Conduct quantitative research and develop time series models. The focus is on macroeconomic and financial drivers of equity, fixed income and alternative asset class returns.
- Analyse and explain current market events, distilling data into compelling visualizations and "killer charts" to tell differentiated stories. Explain detailed research in simple words and through different channels including slide decks, articles or research memos.
- Support the team to meet requests from internal stakeholders and clients.
- Participate in group discussions on investment issues and research projects. Develop recommendations for new research or methodology improvements.
- Keep up to date with the relevant academic and practitioner literature.
What it takes
Please do not be put off from applying if you do not meet all the criteria in the below.
- A postgraduate degree in economics, finance or another relevant quantitative subject, or a minimum of two years work experience in a research-related role.
- Fluent in statistical software such as Python, Matlab or R.
- Interest in the intersection of macroeconomics and finance.
- Be proficient at analysing datasets, identifying trends, and assessing the significance of changes.
- Be able to work on your own, in teams, and across boundaries.
- Strong writing skills and the ability to explain complex concepts to non-technical audiences.
- Be capable of producing high-quality analysis to tight deadlines. Excellent time management and organisational skills.
Background
- ISG's Capital Markets research team designs models for asset return forecasts and performs quantitative market strategy research. This is used to shape Vanguard's asset return outlook, drives asset allocation models, and is used for portfolio analytics on risk and return.
Special Factors
- Vanguard is not offering visa sponsorship for this position.
- Hybrid work model.
About Vanguard
Vanguard is an investment company unlike any other. It was founded by Jack Bogle in the US in 1975 on a simple but ground-breaking idea: that an investment company should handle its funds solely in the interests of its clients. Jack helped bring investing to the masses with the index fund. Index funds do not pick individual shares or bonds to beat the market. They supervise the performance of the entire market. Or as Jack put it, "Don't look for the needle in the haystack. Just buy the haystack!". We have stood for low-cost, uncomplicated investing ever since. Over the last 45 years people have come round to our way of thinking and more than 30 million investors worldwide now trust us with their money.
Inclusion Statement
Vanguard's continued dedication to diversity and inclusion is firmly rooted in our culture. Every decision we make to best serve our clients, crew (internally employees are referred to as crew), and communities is guided by one simple statement: "Do the right thing."
We believe that a critical aspect of doing the right thing requires building diverse, inclusive, and highly effective teams of individuals who are as unique as the clients they serve. We empower our crew to contribute their distinct strengths to achieving Vanguard's core purpose through our values.
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.
Perks and Benefits
Health and Wellness
- FSA
- HSA
- Health Reimbursement Account
- Fitness Subsidies
- On-Site Gym
- HSA With Employer Contribution
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
- Mental Health Benefits
- Virtual Fitness Classes
- Pet Insurance
Parental Benefits
- Non-Birth Parent or Paternity Leave
- Birth Parent or Maternity Leave
- Fertility Benefits
- Adoption Assistance Program
- Family Support Resources
- Adoption Leave
Work Flexibility
- Flexible Work Hours
- Hybrid Work Opportunities
Office Life and Perks
- Company Outings
- Commuter Benefits Program
- Casual Dress
- Happy Hours
- Snacks
- Some Meals Provided
- On-Site Cafeteria
Vacation and Time Off
- Personal/Sick Days
- Paid Holidays
- Paid Vacation
- Volunteer Time Off
- Leave of Absence
Financial and Retirement
- Relocation Assistance
- Performance Bonus
- 401(K) With Company Matching
- 401(K)
- Financial Counseling
- Profit Sharing
Professional Development
- Promote From Within
- Mentor Program
- Shadowing Opportunities
- Access to Online Courses
- Tuition Reimbursement
- Internship Program
- Lunch and Learns
- Leadership Training Program
Diversity and Inclusion
- Diversity, Equity, and Inclusion Program
- Employee Resource Groups (ERG)
Company Videos
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