Investment Risk Manager in London

The Equity Investment Risk team within the Investment Management and Finance Risk (IMFR) department at Vanguard is responsible for providing independent investment risk oversight of the firm's internally managed funds. IMFR is organizationally positioned within the second line of defense, though co-located on the trade floor with our Portfolio Managers and integral to the first line. The team identifies portfolio and market risks, quantifies our portfolio's exposures to these risks, and communicates this information effectively to the portfolio management team and senior management. The team also performs ad-hoc research and develops risk analytics to enhance the business's understanding of the risk and how to manage it through risk-aware portfolio construction.

In this role you will:

• Provide investment risk management oversight across Vanguard's UCITS line-up of equity funds and ETFs through detailed analysis, surveillance and engagement with our Portfolio Management and Trading team.
• Support Vanguard's suite of LifeStrategy and Target Retirement multi-asset funds.
• Build and Maintain Our Risk Framework - Develop, implement, and maintain a strong and efficient risk management infrastructure that helps us manage, measure, monitor, and report risk exposures across our global equity and multi-asset investments.
• Shape and Strengthen Our Risk Policies - Research, review, and maintain our equity and multi-asset risk management policies, procedures, limits, and guidelines.
• Use Technology to Bring Clarity to Risk - Design and deliver technology-based tools and metrics, and carry out statistical analysis to help measure, monitor, and manage different aspects of equity and multi-asset risk.
• Stay Ahead of Market Developments - Continuously build your understanding of financial markets, quantitative drivers, best practices, and investment themes.
• Support New Product Development - Contribute research, risk insights, and informed opinion as part of the new product design process.
• Get Involved in Broader Initiatives - Participate in special projects and take on additional responsibilities as needed to support the wider team.

What it takes:

• Proven experience working within investment or risk analysis.
• A degree in finance, economics, maths, engineering, or another quantitative field.
• A strong understanding of market drivers, macro events, and cross asset trends.
• A proven ability to deliver high quality analysis, communicate clear risk insights, and constructively challenge investment teams.
• Excellent communication skills and confidence working with senior stakeholders in a global environment.
• Ability to manage multiple priorities and perform complex analysis under tight deadlines.
• Experience with risk systems such as Axioma, BarraOne, etc.
• Practical programming skills such as SQL, Python, etc.
• Progress toward CFA or FRM is a plus.

Special Factors:

• Vanguard is not offering sponsorship for this position.
• This is a hybrid position and would require you to work in the office 3 days per week (Tuesday, Wednesday & Thursday).

Why Vanguard?

Vanguard is a different kind of investment company. It was founded in the United States in 1975 on a simple but revolutionary idea: that an investment company should manage its funds solely in the interests of its clients. This is a philosophy that has helped millions of people around the world to achieve their goals with low-cost, uncomplicated investments.

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.

Our commitment to equal employment opportunity:

Vanguard is an equal opportunity employer. Vanguard is committed to providing all crew members a working environment that is free from discrimination, prejudice and bias.