Senior Multi-Asset Investment Risk Manager – Model Portfolios

Provides investment risk management expertise and analysis across model portfolios in a global environment. Implements investment risk management systems and strategies that align with the overall business goals.

Investment Management & Finance Risk (IMFR) is the risk partner for the IMG and Finance divisions. Investment  Management Risk  is an integrated part of Vanguard’s Investment Management Group (IMG) that provides independent investment risk oversight and advice to align investment outcomes with fund objectives and investor expectations.

The team sets guardrails to minimize risk of loss and improve outcomes in the investment process while providing thought leadership on strategic investment management policies that support Vanguard’s core purpose to take a stand for all investors, to treat them fairly, and to give them the best chance for investment success.

Core Responsibilities

• Develops and implements an effective and efficient risk management infrastructure to manage, measure, monitor, and report aggregate multi-asset model portfolio investment risk exposures. Provides thought leadership to improve the investment process and publishes value added research and insights.
• Develops and implements best practices for multi-asset model portfolio investment and business activities to control various risks. Provides guidance on investment risk management policies and procedures, limits, and guidelines. Uses a variety of analytical resources to develop and enhance existing risk-return analysis, including performance attribution, multifactor risk models, scenario analysis, and stress testing. 
• Uses expertise and judgement to manage a broad range of potential investment risks for both existing multi-asset model portfolio and new model portfolio assessments. Develops clear, actionable insights to influence the investment management process and enhance risk-adjusted returns. Presents thorough, clear, and insightful analysis to senior leaders, portfolio managers, and traders.
• Develops and implements increasingly complex processes, tools, and techniques to evaluate and validate equity and/or fixed income multi-asset investment models and advance risk management capabilities.
• Maintains deep understanding of financial markets, quantitative drivers, and general investment themes in order to bring an informed perspective to the risk management processes. Develops a deep understanding of Vanguard's model portfolio investment management functional areas. Keeps abreast of current issues in business operations and incorporates changing business needs into risk analysis.
• Represents the investment management group at internal and external meetings and conferences.
• Participates in special projects and performs other duties as assigned.

Qualifications

• Minimum of eight years related work experience.
• Undergraduate degree or equivalent combination of training and experience. Graduate degree preferred.
• Professional certification (CFA, FRM) preferred.

Special Factors

Sponsorship

Vanguard is 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.