Senior Director, Rate Strategy & Bank Network Management

Role Summary

We are seeking a visionary and enterprise-minded leader to shape the future of Vanguard's critical and growing Cash and Savings business. This role will serve as the senior leader for rate strategy and bank network management -ensuring our offerings are competitive, enduring , and aligned with our mission to be the most trusted destination for clients' cash.

As a senior leader, you will influence cross-functional decision-making, drive enterprise alignment, and lead a high-impact team responsible for setting and managing our Cash & Savings pricing strategy and bank partnerships . You will be instrumental in scaling our capabilities and delivering outcomes that extend the Vanguard Effect across the full client portfolio.

Key Responsibilities

Strategic Leadership & Vision

• Define and champion the long-term strategy for rate and bank network management across the Cash & Savings portfolio.
• Serve as a thought partner to senior leaders in Finance, Risk, Legal, and Vanguard Client Segments to align pricing and capacity decisions with enterprise goals.
• Lead strategic planning and transformation initiatives that position Vanguard as a market leader in cash solutions.

Rate Strategy & Pricing Governance

• Architect rate structures that drive client value, competitive differentiation, and financial sustainability. Explore new and innovative pricing strategies.
• Lead pricing forums and governance routines to ensure transparency, agility, and alignment across segments.
• Monitor macroeconomic trends, competitor movements, and client behaviors to inform strategic pivots and day to day pricing execution decisions.

Bank Network Optimization

• Oversee the design and evolution of Vanguard's program bank network, including dual supplier resiliency, capacity planning, and onboarding strategy.
• Negotiate and manage strategic Rate & Pricing partnerships.
• Ensure operational excellence and risk-smart execution across bank-related Rate & Pricing processes.

Enterprise Influence & Enablement

• Represent Cash & Savings in enterprise forums, steering committees, and strategic reviews.
• Collaborate with enablement teams to ensure scalable delivery, crew readiness, and client experience alignment.
• Drive cross-functional integration with Advice & Wealth Management Segments, Workplace, Personal Investor, and Institutional teams.

Qualifications

• Minimum of 10 years' experience in financial services managing a strategic pricing function, ideally with direct accountability for setting deposit or deposit-like rates.
• Undergraduate degree or equivalent combination of training and experience. Graduate degree or PhD preferred.
• Proven track record of leading enterprise-level initiatives and influencing senior stakeholders.
• Deep understanding of banking infrastructure, vendor management, and deposit products.
• Exceptional strategic thinking, communication, and leadership skills.
• Experience with governance frameworks, regulatory compliance, and financial forecasting.

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): Scottsdale, AZ, Charlotte, NC, Malvern, PA

Job ID: Vanguard-173398

Employment Type: FULL_TIME

Posted: 2025-12-24T20:18:37