Job Information
Vanguard Operational Risk/Trade Compliance Analyst in London, United Kingdom
As a Trade Compliance analyst for the Vanguard Group, the role will provide oversight and support for front office portfolio management activity by enabling comprehensive and effective pre- and post-trade controls within the Equities and Fixed Income order management systems. Further, it will provide operational risk oversight and collaboration with global operational risk functions in all regions.
Operational Risk Analyst (Trade Compliance)
Vanguard
London
About Vanguard
Vanguard is an investment company unlike any other. It was founded by Jack Bogle in the US in 1975 on a simple but revolutionary idea: that an investment company should manage its funds solely in the interests of its clients. Jack helped bring investing to the masses with the index fund. Index funds do not pick individual shares or bonds to beat the market. They track the performance of the entire market. Or as Jack put it, "Don't look for the needle in the haystack. Just buy the haystack!”. We have stood for low-cost, uncomplicated investing ever since. Over the last 45 years people have come round to our way of thinking and more than 30 million investors worldwide now trust us with their money.
As a Trade Compliance analyst for the Vanguard Group, the role will provide oversight and support for front office portfolio management activity by enabling comprehensive and effective pre- and post-trade controls within the Equities and Fixed Income order management systems. Further, it will provide operational risk oversight and collaboration with global operational risk functions in all regions.
In return we offer an attractive base salary, annual performance bonus paid in January, Partnership bonus paid in June, and competitive benefits. As one of the world’s largest asset management firms, Vanguard can offer unrivalled career opportunities in Manchester, the UK, and further afield.
Job Description:
Duties and Responsibilities:
Responsible for oversight of front office portfolio management trading activity for Equity and Fixed Income funds. Ensure that daily pre trade and post trade system alerts and warnings are addressed accurately and remain in adherence to investment mandates for products domiciled in different global regions. Investigate any potential breaches.
Lead the development and implementation of effective investment guidelines to address regulatory, prospectus and other investment restrictions. Identify operational risk trends associated with the portfolio management process and develop risk mitigation strategies for future improvements.
Develop strong internal working relationships to strengthen the control environment around investment guidelines.
Monitor, review and communicate the impact to the risk profile of future state front office initiatives that impact trade controls, including but not limited to new product assessments, changes to trading strategies (new instruments, new fund and account launches) and business changes.
Support the Operational Risk incident management process to ensure the timeliness, integrity and quality control are maintained. Ensure that root cause and business impact analysis are appropriate, including review of the financial impact of operational incidents.
Identifies operational risk trends associated with the portfolio management process and develops risk mitigation strategies for future improvements. Proactively and independently, leads the development and implementation of action plans to remediate key risks to global investment management processes.
Identifies, leads and participates in special projects and performs other duties as assigned.
Qualifications:
Undergraduate degree or equivalent combination of training and experience.
Experience with, or a passion for, risk management and/or investment management is desirable.
Knowledge of Charles River and Aladdin or related compliance monitoring systems
Knowledge and experience of UCITS investment guidelines is desirable
Experience designing, building and assessing pre and post trade compliance controls program
Excellent attention to detail and accuracy
The ability to perform under a pressured environment
Professionalism in managing multiple priorities and performing complex analysis under tight deadlines.
Sound business judgment, ability to influence others, and ability to apply practical thinking.
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.
Vanguard, one of the world's largest investment management companies, serves individual investors, institutions, employer-sponsored retirement plans, and financial professionals. We have a diverse and talented crew with a culture that promotes teamwork, along with an unwavering focus on serving our clients' best interests.
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