VANGUARD

Direct Indexing Portfolio Management, Senior Specialist

JIS - Oakland Full time

Responsible for complex direct indexing trading activities and processes. Ensures that performance standards are achieved while adhering to regulatory restrictions and constraints and providing exceptional client outcomes.

Core Responsibilities

  • Manages assigned direct indexing portfolios that meet or exceed performance standards consistent with investment objectives, while adhering to client-specified or regulatory restrictions and constraints.

  • Collaborates and partners with investment advisors to deliver complex portfolio construction. Manages strategies for financial planning accounts and set up required personalized indexing capabilities for clients.

  • Analyzes complex portfolio management data and oversees resolution of process issues. Collaborates with internal stakeholders to investigate escalated exceptions within trading instructions.

  • Monitors portfolios trading activity to ensure portfolios track assigned index appropriately and correctly.

  • Ensures the delivery of sophisticated portfolio construction and management strategy for complex financial planning accounts.

  • Develops and maintains relationships with external clients and internal departments to ensure a successful strategic approach to meet client and business needs.

  • Leads changes to departmental policies and procedures. Leads the implementation of workflow changes to meet evolving business needs and maintain adherence to external regulations.

  • Participates in special projects and performs other duties as assigned.

Qualifications

  • Eight years' experience in the Financial Services industry or client services preferred.

  • Undergraduate degree or equivalent combination of training and experience. Graduate degree preferred.

  • CFA or CFP 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.

Future of Work

During the pandemic, we transitioned to a work from home model for the majority of our crew and we continue to interview, hire, and on-board future crew remotely.

As we have developed the path forward, we have taken a thoughtful approach that both maximizes the advantages of working remotely and the many benefits of coming together and collaborating in a shared workspace. We believe that in-person interactions among our crew are important for preserving our unique culture and advantageous for the personal development of our crew.

When our Crew return to the office, many will work in our hybrid model. A smaller proportion of our crew will operate in the Work from Home work model (for example, field sales crew); or in the Work from Office model (for example, portfolio managers).

The working model that your role falls into will be communicated to you in the interview process – please do ask if you are unsure. We encourage you to make the decision regarding your job interview and offer knowing which model your role will fall into. We will test and learn as our ways of working evolve and will continue to evaluate working models along the way.

Salary Range:

$120,000.00 - $210,000.00