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Structured Products Trader

Malvern, PA, USA
Up to $190,000/ year
Quantitative Analyst Financial Analyst Portfolio Finance Manager Investment Advisor Investment Banking Analyst Investment Banking Manager Private Equity Analyst Venture Capital Analyst

Structured Products Trader

Vanguard
Malvern, PA, USA
Up to $190,000/ year
Quantitative Analyst Financial Analyst Portfolio Finance Manager Investment Advisor Investment Banking Analyst Investment Banking Manager Private Equity Analyst Venture Capital Analyst
Vanguard

hackajob is partnering with Vanguard to fill this position. Create a profile to be automatically considered for this role—and others that match your experience.

 

Supports the Fixed Income portfolio management and trade execution process.

This is an exciting opportunity to join Vanguard’s Structured Products team, a well-established platform within active fixed income with a growing investment footprint. This role offers the ability to contribute directly to portfolio performance through trading, idea generation, and portfolio positioning across CLOs and broader structured credits (ABS/CMBS). The ideal candidate combines strong market knowledge with structured product expertise and the ability to translate analytics into actionable investment decisions.

Responsibilities:

  • Execute trades across CLOs and structured credit in primary and secondary markets, with a focus on best execution

  • Generate trade ideas and identify relative value opportunities across structures, managers, and vintages

  • Contribute to portfolio construction and positioning

  • Analyze structures and cash flows to evaluate risk and return across investments

  • Partner with research on collateral, structure, and market dynamics

  • Source investment opportunities and liquidity through dealer and issuer relationships

  • Provide market insights and actionable trade recommendations to the broader team

Qualifications:

  • 5 years of relevant experience, with a strong focus on CLOs and/or structured credit trading or investing

  • Demonstrated ability to generate ideas and contribute to performance through trading and positioning

  • Strong understanding of CLO structures and broader structured credit markets (ABS/CMBS)

  • Cash flow modeling (Intex or similar) and analytical skillset

  • Established dealer and issuer relationships preferred

  • Programming/data skills a plus

  • Strong communication and collaboration skills

  • Direct buy-side experience (nice to have), CFA preferred

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.

hackajob is partnering with Vanguard to fill this position. Create a profile to be automatically considered for this role—and others that match your experience.

 

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