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2023-03-22

Quantitative Model Developer

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Vanguard
Quantitative Model Developer
Pennsylvania, US
100,000 - 200,000
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Job Description

Are you someone with strong interest in the convergence of finance and technology?

Are you interested in leveraging your technology skillsets to get closer to investment management?

Do you want to learn and contribute to how investment teams use data-driven research and insights to make investment decisions?

We are looking for individuals who have a desire to continue to grow and develop skillsets in emerging technology, financial software development, quantitative best practices, and contribute to the investment teams.

Core Responsibilities

  • Supports the design, development, and maintenance of sophisticated forecasting tools and quantitative modeling systems that support investment decision-making and trading decisions pertaining to quant investing

  • Develops production analytical models.

  • Creates and maintains financial software libraries and model process routines.

  • Reviews and reconciles peer code changes with statistical certainty.

  • Conceptualizes, codes, and builds new financial analytics based on knowledge of financial markets, securities, investment themes and new technologies.

  • Builds effective working relationships to anticipate the needs of analysts and/or portfolio managers.

  • Contributes to data architecture, analytics, and research process in support of portfolio managers and analysts.

  • Participates in special projects with strong desire to continually develop quantitative investing acumen

Qualifications

  • Two years in the Financial Services industry. Investment management experience preferred. Experience in statistical analyses and related statistical tools.
  • Undergraduate degree in finance, computer science, mathematics, or statistics or equivalent combination of training and experience required.

About Vanguard

We are Vanguard. Together, we’re changing the way the world invests.

For us, investing doesn’t just end in value. It starts with values. Because when you invest with courage, when you invest with clarity, and when you invest with care, you can get so much more in return. We invest with purpose – and that’s how we’ve become a global market leader. Here, we grow by doing the right thing for the people we serve. And so can you.

We want to make success accessible to everyone. This is our opportunity. Let’s make it count.

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.

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