Securities Lending Analyst

Vanguard Australia; City of Melbourne; Hybrid; AUD 90,000 - 120,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

Vanguard Australia is seeking a Securities Lending Analyst in Melbourne to execute daily operational tasks and support the trading team within a hybrid working model.

The role requires a minimum of three years of related experience and an undergraduate degree (Accounting, Finance, or Economics preferred). You will collaborate with internal and external partners and uphold strict controls and reporting standards.

Qualifications

• Minimum of three years related work experience.
• Undergraduate degree or equivalent combination of training and experience. Accounting, Finance, or Economics degree preferred.

Responsibilities

• Identifies and resolves complex operational issues. Coaches less tenured crew on subject-matter expertise. Supports management with review of daily, weekly, and monthly deliverables. Identifies opportunities to enhance processes supporting fund initiatives, reporting requirements, or regulatory changes.
• Monitors and oversees the resolution of operational issues relating to securities lending. Maintains management reporting.
• Serves as a liaison with the management team, as well as internal and external business partners. Proactively resolves elevated issues relating to stakeholder relationships, elevates to management as necessary.
• Partners with internal partners and stakeholders to determine the scope and requirements for program level initiatives. Creates impact analysis, recommends solutions, and support project implementation.
• Oversees the process of documenting all procedures, including creation and maintenance of materials. Tracks and documents adherence to various control standards to ensure compliance with all policies and procedures.
• Maintains risk mitigation controls, contingency preparation, and end-user computing tools. Supports new product launches.
• Participates in special projects and performs other duties as assigned.

Skills

Three years related work experience

Education

Undergraduate degree or equivalent training and experience

Job description

About Vanguard

50 years ago, John C. Bogle had a vision to start an investment company that did things differently. A company with no external shareholders. Where all the profits were invested back into the business and used to lower costs. Evidently, it was as bold as it was brilliant. To this day, Vanguard Group still has no external shareholders. That means no share prices to protect, and no profits to generate for outside owners.

About Vanguard

50 years ago, John C. Bogle had a vision to start an investment company that did things differently. A company with no external shareholders. Where all the profits were invested back into the business and used to lower costs. Evidently, it was as bold as it was brilliant. To this day, Vanguard Group still has no external shareholders. That means no share prices to protect, and no profits to generate for outside owners.

Today, Vanguard is one of the world’s largest investment management companies, serving more than 50 million investors worldwide. For more than 30 years Vanguard Australia has been supporting individual investors, financial advisers, and superannuation members to achieve their long-term financial goals.

As part of a growing and dynamic function, this role as a Securities Lending Analyst offers a unique opportunity to a high impact area of the business. You'll be responsible for executing daily operational tasks, maintaining rigorous adherence to established controls, policies and procedures, and delivering exceptional support to our trading team.

As the program grows, you'll play a vital role in shaping and strengthening our operational capabilities within a collaborative and forward-thinking environment.

Core Responsibilities

• Identifies and resolves complex operational issues. Coaches less tenured crew on subject-matter expertise. Supports management with review of daily, weekly, and monthly deliverables. Identifies opportunities to enhance processes supporting fund initiatives, reporting requirements, or regulatory changes.
• Monitors and oversees the resolution of operational issues relating to securities lending. Maintains management reporting.
• Serves as a liaison with the management team, as well as internal and external business partners. Proactively resolves elevated issues relating to stakeholder relationships, elevates to management as necessary.
• Partners with internal partners and stakeholders to determine the scope and requirements for program level initiatives. Creates impact analysis, recommends solutions, and support project implementation.
• Oversees the process of documenting all procedures, including creation and maintenance of materials. Tracks and documents adherence to various control standards to ensure compliance with all policies and procedures.
• Maintains risk mitigation controls, contingency preparation, and end-user computing tools. Supports new product launches.
• Participates in special projects and performs other duties as assigned.

Qualifications

• Minimum of three years related work experience.
• Undergraduate degree or equivalent combination of training and experience. Accounting, Finance, or Economics degree preferred.

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. Vanguard Australia is proud to hold the Employer of Choice for Gender Equality (EOCGE) citation, awarded by WGEA, recognising our strong commitment to gender equality and our dedication to inclusive policies, gender balanced outcomes and a safe, respectful workplace.

Our core purpose: To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success.

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.