Vanguard's AU Trade Management team is responsible for ensuring the accurate and timely settlement of Equity, Fixed Income, FX, and ETF transactions with a focus on APAC markets, through both in-house processing and oversight of third-party service providers. The successful candidate will collaborate closely with local and global teams to drive operational excellence, mitigate risk, and support continuous process improvement initiatives.
About Vanguard
50 years ago, John C. Bogle had a vision to start an investment company that did things differently. A company with no external shareholders. Where all the profits were invested back into the business and used to lower costs. Evidently, it was as bold as it was brilliant. To this day, Vanguard Group still has no external shareholders. That means no share prices to protect, and no profits to generate for outside owners.
Want more jobs like this?
Get Management jobs in Melbourne, Australia delivered to your inbox every week.
Today, Vanguard is one of the world's largest investment management companies, serving more than 50 million investors worldwide. For more than 25 years Vanguard Australia has been supporting individual investors, financial advisers, and superannuation members to achieve their long-term financial goals.
Team & Opportunity
Vanguard's AU Trade Management team is responsible for ensuring the accurate and timely settlement of Equity, Fixed Income, FX, and ETF transactions with a focus on APAC markets, through both in-house processing and oversight of third-party service providers. The successful candidate will collaborate closely with local and global teams to drive operational excellence, mitigate risk, and support continuous process improvement initiatives.
Core Responsibilities
1. Trade Settlement Oversight: Ensure timely and accurate settlement of trades across Equity, Fixed Income, FX, and ETF products, with a strong focus on APAC market practices and timelines.
2. Third-Party Oversight : Monitor and manage the performance of outsourced settlement providers, ensuring adherence to SLAs, escalation protocols, and regulatory standards.
3. Settlement Monitoring & Risk Mitigation : Actively monitor the settlement status of Equity, Fixed Income, FX, and ETF trades to ensure timely completion. Promptly investigate any discrepancies or delays and escalate issues to relevant internal and external stakeholders to prevent trade fails and minimize operational and financial risk.
4. Break Resolution : Investigate and clear cash and position breaks arising from trade settlements and other team related activities. Collaborate with brokers, custodians, and internal teams to identify root causes, resolve discrepancies, and prevent recurrence.
5. Market Expertise & External Collaboration: Maintain up-to-date knowledge of APAC market settlement cycles, holidays, and regulatory changes impacting post-trade operations. Leverage our network of banking partners, custodians, and available resources to proactively investigate and research market-specific issues, ensuring timely resolution and operational continuity.
6. Risk & Control: Identify operational risks and contribute to the development and enhancement of control frameworks and mitigation strategies. Promptly report self-identified events and potential control gaps through appropriate internal channels, ensuring transparency, accountability, and continuous improvement in risk management practices.
7. Continuous Improvement: Proactively identify and implement opportunities to streamline processes, reduce manual touchpoints, reduce risk and enhance operational efficiency through automation and best practices.
8. Stakeholder Management & Cross-Team Collaboration : Establish and maintain strong, collaborative relationships with internal stakeholders and external partners. Work closely with local teams and global counterparts across time zones to ensure seamless trade lifecycle management, effective communication, and alignment on process enhancements. Proactively manage upward by escalating issues and risks in a timely and effective manner, ensuring senior stakeholders are informed and engaged as needed to support resolution and maintain service quality.
9. Reporting & Analytics: Produce daily and periodic reports on settlement status, fails, and key performance indicators for internal stakeholders.
10. Project Participation: Participates in special projects and performs other duties as assigned.
Qualifications
- Minimum of two year s related work experience.
- Undergraduate degree or equivalent combination of training and experience. Accounting or Finance degree preferred.
Inclusion Statement
Vanguard's continued commitment 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.
When all crew members feel valued and included, our ability to collaborate and innovate is amplified, and we are united in delivering on Vanguard's core purpose.
Our core purpose: To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success.
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.