Senior Foreign Exchange Trader

Senior Foreign Exchange Trader

Vanguard Job Opportunity

The FX Team execute foreign exchange transactions across fixed income and equity portfolios globally, in support of portfolio management objectives. The role focuses on delivering best execution and providing market insight through disciplined trading, robust analytics, and collaboration with investment teams and technology partners.

What do we expect?

• Negotiate and execute FX trades for the assigned portfolios. Assist and back up other traders as needed.
• Handle negotiated trades and high-risk situations, be viewed as price setter for trading.
• Analyze and contribute ideas to design performance attribution reports to gain insight into different trading strategies and approaches.
• Identifies potential improvements to workflow or process to improve portfolio management results. Offers opinions and recommendations to improve workflow efficiency and/or to reduce operational risk.
• Collaborate with technology and product teams to design and implement new tools, platforms, and workflows to improve operational resilience and execution quality.
• Independently initiate investment research and generate trade ideas. Contribute views and ideas to macro and multi asset fund portfolio managers. When assigned by desk head, takes ownership of specific FX strategies to implement in assigned portfolios.
• Evaluate, acquire, and/or develop models with our quantitative research team for analyzing FX investment strategies.
• Develop and maintain strategic relationships with security dealers, and leverage relationships to improve operational efficiency and trading execution.
• Develops, designs, and delivers comprehensive and effective presentations and investment reviews for internal and external clients.
• Participates in special projects and performs other duties as assigned.

What it takes:

• Eight years of demonstrated experience as investor with a preference for prior Fixed Income portfolio management, fixed income and FX trading, macro strategy, quant modeling, and/or risk management experience.
• Experience across key FX trading platforms (FX Connect, FX All, Bloomberg FXGO, 360T, etc.) and multiple execution methods (Voice, Electronic Trading, Auto Ex, etc.).
• Strong understanding of currency risk, as well as global rates and credit risk management.
• Proven record in enhancing trading practices and keeping abreast of industry developments.
• Python or other programming skills preferred.
• Excellent communication and mathematical skills
• Strong analytical and problem-solving skills

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.

Our commitment to you

Vanguard takes the same long-term view of your success—at work and in life—with Benefits and Rewards packages that reflect what you care about, throughout all the phases and stages of your life.

Our Total Rewards programs provide you and your loved ones with wellness support for key areas in your life:

Financial wellness

We're committed to enabling your financial success and provide competitive offers and programs.

Physical wellness

We're committed to providing benefits that support your physical health and wellness.

Personal wellness

We're committed to providing resources that help support the full scope of your life.

Learn more about our complete benefits and rewards package

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. Through this Equal Employment Opportunity (EEO) Policy, Vanguard reaffirms its commitment to equal employment opportunity for all applicants and crew members without regard to race, color, national origin or ancestry, religion, gender, sex, sexual orientation, gender identity or expression, age, disability, marital status, veteran or military status. In addition, Vanguard prohibits discrimination based on genetic information, as well as any other characteristic protected by federal, state or local law.

A culture of care and respect