ETF Capital Markets Specialist

Job Description

Improve ETF Trading Outcomes for Investors

As part of the ETF Capital Markets team at Vanguard, you will develop and support critical functions and relationships that focus on delivering the best possible trading experience for the ETF investor. As part of a fast-growing ETF business in Europe at one of the world’s largest ETF Issuers you will have the opportunity to grow as part of a truly collaborative team. Join us and help us impact the way the world invests!

The Capital Markets Team is responsible for:

• Improve ETF Trading Outcomes – working with ETF Market Makers, trading firms and Authorised Participants to ensure efficient creation and redemption activity and support for secondary market trading of Vanguard ETFs.
• Providing Trading Analysis and Insights – advising investors on market context and the most efficient trading strategies to reduce their cost of trading.
• Protecting Product Health – collaborating with internal teams to support product launches and increase overall product attractiveness.
• Influencing ETF Market Structure – partnering with industry working groups and collaborate with policy makers to promote ETF usage and improve the ETF trading experience.

In this role, you will:

• Support an efficient Primary Market trading environment by serving Authorised Participants wishing to create or redeem in Vanguard UCITS ETFs and
• Collaborate with internal partners to reduce risk and improve efficiency and scalability of the Global ETF Management systems.
• Monitor and analyze secondary market activity and develop strategies to reduce frictions in the ETF market.
• Produce quantitative and qualitative analysis that deliver insights to internal sales teams and support investor trading and execution outcomes.
• Develop strong partnerships with key Market Making and other ETF trading firms.
• Develop and maintain close partnerships with distribution teams and provide ETF trading expertise to clients.
• Participate in Fund launch projects as well as support or lead on projects that improve trading efficiency for Vanguard ETFs.

What it takes:

• Five years in the Financial Services industry. Investment management experience preferred.
• Undergraduate degree in finance or economics or equivalent combination of training and experience required.
• Knowledge and understanding of financial instruments and how they are traded, cleared, and settled.
• Practical experience of handling trade flow/trade operations and experience of an order management system preferred.
• Collaborative with a critical eye for detail
• Comfortable in a fast paced, and at times, pressurised environment.
• Able to communicate clearly and efficiently, share ideas and solve problems
• Experience of using data visualization tools helpful (eg Tableau, Power BI)

Special Factors

Vanguard is not offering visa sponsorship for this position.

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 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.

INTERNAL CREW, CONTRACTOR & DIRECT APPLICATIONS ONLY

Please note, current suppliers and potential suppliers are not permitted to communicate with or contact or send or otherwise provide any speculative resumes to any department, business unit, subsidiary or affiliate of Vanguard, or any employee thereof, at any time unless expressly instructed or permitted by a member of Vanguard’s HR department. For the avoidance of doubt, Vanguard will not pay any fees to a supplier or potential supplier in respect of any candidate unless Vanguard HR has either requested the referral or given its prior written consent to the referral. If you would like to partner with Vanguard Europe, please contact [email protected] and we will be in touch if we need further information and/or if we need additional support.

Future of Work

During the pandemic, we transitioned to a work from home model for the majority of our crew and we continue to interview, hire, and on-board future crew remotely.

As we have developed the path forward, we have taken a thoughtful approach that both maximizes the advantages of working remotely and the many benefits of coming together and collaborating in a shared workspace. We believe that in-person interactions among our crew are important for preserving our unique culture and advantageous for the personal development of our crew.

When our Crew return to the office, many will work in our hybrid model. A smaller proportion of our crew will operate in the Work from Home work model (for example, field sales crew); or in the Work from Office model (for example, portfolio managers).

The working model that your role falls into will be communicated to you in the interview process – please do ask if you are unsure. We encourage you to make the decision regarding your job interview and offer knowing which model your role will fall into. We will test and learn as our ways of working evolve and will continue to evaluate working models along the way.