Quantitative Investment Analyst

Join Vanguard's Investment Strategy Group (ISG) to build and apply quantitative return‑forecasting models that shape our capital markets outlook and portfolio strategy over multiple time horizons. You'll do mission‑driven work with a collaborative team that invests in your learning and long‑term growth.

As a Quantitative Investment Analyst, you will support senior strategists and analysts in building and improving empirical asset return and forecasting models, conducting market and economic research, and turning analysis into clear insights for internal partners and external clients. This role is a hands‑on entry point into ISG's research pipeline with meaningful opportunities to grow technical depth and communication skills while contributing to the team's forecasting and portfolio‑strategy work.

Responsibilities:

• Data & modeling support: Work under the guidance of senior analysts to help design data‑gathering approaches; clean, organize, and analyze large datasets; and assist in the development and testing of return‑forecasting and related quantitative models.
• Applied research: Conduct literature reviews and empirical analyses on investment and macroeconomic topics that support ISG research roadmaps and internal partner requests. Summarize findings and implications.
• Insight generation: Draft concise takeaways, exhibits, and recommendations from your analyses; participate in research meetings to debate issues and refine methods.
• Methodology contributions: Contribute to periodic reviews and enhancements of the team's investment methodology and research inventory, documenting code, assumptions, and results.
• Stakeholder support: Prepare presentation materials, talking points, and internal commentary; respond to ad‑hoc research questions from supported groups (e.g., advice delivery or investment teams).

Qualifications

• Bachelor's degree or equivalent practical experience in quantitative/economic analysis.
• Interest in pursuing or progress towards CFA or graduate degree in quantitative finance, economics, or statistical field.
• Preferred experience with analytical and statistical tools, with exposure to the investment management industry.
• Experience with quantitative analysis, econometrics, and/or data science (coursework, research, internship, or industry) and working familiarity with statistical/econometric tools.
• Proficiency in Python, MATLAB, R, or similar is welcome and can be developed on the job.
• Strong quantitative reasoning, attention to detail, and the ability to transform data into clear insights.
• Written and verbal communication skills to create impactful memos, charts, and presentations for internal and external audiences.
• Ability to manage multiple assignments independently while collaborating in a team research environment.
• Experience assembling forecasting pipelines (data ingestion → feature engineering → model estimation → reporting).
• Ability to formulate and deliver research projects from scoping to literature review, analysis, and implementation.
• Interest in communicating with clients through in-person and virtual ambassadorship events on Vanguard's economic, market, and portfolio outlooks.

Don't meet every single requirement? Please consider applying and sharing how you plan to develop in relevant areas.

What success looks like (first 6-12 months)

• Co‑deliver an enhancement to our proprietary return‑forecasting model.
• Conduct analysis for and appropriate collateral on two relevant market topic for our quarterly Global Macro Matters publication.
• Present methods and findings to the Capital Markets Research team.
• Contribute to the team's research inventory with reproducible code and documentation.

Special Factors

Sponsorship
Vanguard is not offering visa sponsorship for this position.

About Vanguard

At Vanguard, we don't just have a mission-we're on a mission.

To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best.

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.

Client-provided location(s): Malvern, PA

Job ID: Vanguard-171360

Employment Type: FULL_TIME

Posted: 2025-10-21T20:16:17