Capital Markets Research Analyst

The Vanguard Group; Greater London; Hybrid; GBP 45,000 - 60,000; Full time

Job summary

A leading investment company based in London seeks a Capital Markets Research Analyst to conduct quantitative research and develop econometric models. The role involves analyzing macroeconomic factors and delivering insights through visualizations and reports. Candidates should have a postgraduate degree or relevant experience, along with proficiency in statistical software like Python or R. This is a full-time position that supports a hybrid work environment.

Qualifications

• Graduate degree or 2 years experience in a research-related role.
• Proficient in Python, MATLAB, or R for statistical analysis.
• Strong ability to explain complex concepts clearly to non-technical audiences.

Responsibilities

• Conduct quantitative research and develop econometric forecasting models.
• Analyse current market events and create visualisations for insights.
• Participate in team discussions and develop research recommendations.

Skills

Statistical Software

Data Analysis Skills

Research Experience

Data Collection

Market Research

Data Mining

Calculus

SPSS

R

Stata

SAS

Operations Research

Education

Postgraduate degree in economics, finance, or relevant quantitative subject

Tools

Python

MATLAB

Job description

We are seeking a Capital Markets Research Analyst focusing on developing proprietary econometric forecasting models of financial and macroeconomic variables as part of the Vanguard Capital Markets Model.

Team & Opportunity

The Investment Strategy Group (ISG) is a global team that serves as Vanguard’s in-house think tank with subject matter experts based in North America, Europe and the Asia‑Pacific region. The team produces industry‑leading research to help shape investment perspectives, plays a central role in developing Vanguard’s investment and advice methodology, and informs decisions about our investment offerings and strategies. As the Capital Markets research team within ISG we are responsible for designing models for asset‑return forecasts and performing quantitative market‑strategy research.

Vanguard has incredible people and an inspiring mission: To take a stand for all investors to treat them fairly and to give them the best chance for investment success. If you are interested in analysing global markets, developing investment insights, and have a passion for data, macroeconomics and financial research and working in teams, this is a great opportunity for you. Vanguard is fully committed to having a diverse and inclusive working environment. This role will be based in London, UK.

In this role you will :

• Conduct quantitative research and develop time‑series models, focusing on medium‑ and longer‑term macroeconomic and financial drivers of equity, fixed‑income and alternative asset‑class returns.
• Analyse and explain current market events, distilling data into compelling visualisations and effective charts to tell differentiated stories. Explain detailed research in simple words and through different channels, including slide decks, articles or research memos.
• Support the team to meet requests from internal stakeholders and clients.
• Participate in group discussions on investment issues and research projects. Develop recommendations for new research or methodology improvements.
• Keep up to date with the relevant academic and practitioner literature.

What it takes :

Please do not be put off from applying if you do not meet all of the criteria below.

• A postgraduate degree in economics, finance or another relevant quantitative subject, or a minimum of two years of work experience in a research‑related role.
• Fluent in statistical software such as Python, MATLAB or R.
• Interest in the intersection of macroeconomics and finance.
• Proficiency at analysing datasets, identifying trends and assessing the significance of changes.
• Ability to work independently, in teams and across boundaries.
• Strong writing skills and the ability to explain complex concepts to non‑technical audiences.
• Capability of producing high‑quality analysis to tight deadlines, with excellent time‑management and organisational skills.

Background

ISG’s Capital Markets research team designs models for asset‑return forecasts and performs quantitative market‑strategy research. These models are used to shape Vanguard’s asset‑return outlook, drive asset‑allocation models and support portfolio analytics on risk and return.

Special Factors

Vanguard is not offering visa sponsorship for this position.

Hybrid work model.

About Vanguard

Vanguard is an investment company unlike any other. It was founded by Jack Bogle in the US in 1975 on a simple but ground‑breaking idea: that an investment company should handle its funds solely in the interests of its clients. Jack helped bring investing to the masses with the index fund. Index funds do not pick individual shares or bonds to beat the market; they supervise the performance of the entire market. Or as Jack put it, ‘Don’t look for the needle in the haystack. Just buy the haystack!’ We have stood for low‑cost uncomplicated investing ever since. Over the last 45 years, people have come round to our way of thinking and more than 30 million investors worldwide now trust us with their money.

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.

Key Skills

• Spss
• Data Collection
• R
• Stata
• Research Experience
• Statistical Software
• Data Mining
• Calculus
• Market Research
• Operations Research
• SAS
• Data Analysis Skills

Employment Type

Full‑Time

Vacancy

1