Investment Grade Credit Trader

We are looking for an experienced trader to join Vanguard's Active Investment Grade (IG) Credit Trading and Portfolio Management Team. This is a risk-taking role with significant opportunity and expectations to make valuable contributions to Vanguard's actively managed fixed income funds through collaboration with Portfolio managers, Traders, and Analysts. If you have a strong passion for investing and prior experience in trading or trading-related roles, we want to hear from you!

Responsibilities:

• Negotiate and execute IG corporate bond trades for Vanguard's actively managed fixed income funds while striving for best execution.
• This is a risk-taking position. Trader can act within a level of discretion set by portfolio managers.
• Monitor fundamentals and technical valuations to help identify investment opportunities. Recommend trades and strategies to capitalize on ideas. Execute trades, manage risks, and track performance.
• Proactively interact with credit research analysts while evaluating investment ideas and opportunities.
• Build and maintain strategic relationships with security dealers, and leverage relationships to improve the operational efficiency and trading execution.
• Participates in special projects and performs other duties as assigned.

Qualifications:

• At least 3-5 years of trading experience in corporate bonds and/or credit derivatives required.
• Passion for investing and a consistent track record of value creation through idea generation and innovation.
• Consistent record of working in a team-based environment.
• Undergraduate degree in finance or economics or equivalent combination of training and experience required.
• CFA designation is preferred.
• Previous computer programming experience or familiarity with programming languages (i.e. Python) is preferred.

This is a work from office role Monday-Friday

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.

Our commitment to diversity, equity, and inclusion

Vanguard's commitment to diversity, equity, and inclusion (DEI) is central to our ability to deliver on our mission. We aspire to create a work environment that is inclusive, equitable, and diverse-one that enables our employees, whom we call crew, to thrive and bring their best selves to work every day on behalf of our clients.

Cultivating DEI lifts our entire organization, and everyone shares accountability for our progress-from our senior leaders who lay the foundation and set the example for inclusive behaviors to crew who are growing in their personal DEI learning experiences.

Together, we're on a mission. We are fueled by the value of diverse voices and connected through friendships and a culture of care-for our clients, our communities, and each other.

Vanguard's DEI journey has no finish line. Our commitment is enduring, and we remain focused on the path ahead. To learn more about Vanguard goals and progress toward DEI, download our Diversity, Equity, and Inclusion Report .

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.