Transaction Cost Analyst

The Vanguard Group; Greater London; On-site; GBP 55,000 - 75,000; Full time

Job summary

Vanguard in London seeks a Transaction Cost Analysis professional to research, develop, and implement cutting-edge trading analytics. You will independently enhance processes for trading desks under senior guidance, resolving data and tool issues while delivering actionable insights.

The role emphasizes market microstructure knowledge and effective representation of Vanguard to internal and external audiences, with opportunities to contribute to special projects.

Qualifications

• Minimum of two years related work experience, including one year transaction cost analysis experience.

Responsibilities

• Researches, evaluates, tests, and implements cutting-edge trading technology, analytics, data sources, and other tools.
• Works independently on transaction cost analysis, under the guidance of senior analysts, to maintain and enhance processes for trading desks based on rigorous research and quantitative analysis.
• Resolves issues involving data, infrastructure, and prototype technology tools leveraged by the transaction cost analysis processes. Enhances existing models, develops data sources and processes, and communicates results.
• Provides reporting and analytics to assist in shaping the future of the transaction cost analysis and trading agenda.
• Develops and maintains knowledge of market structure, microstructure, and transaction cost analysis in order to bring an informed perspective to the research process.
• Represents Vanguard effectively to internal and external audiences.
• Participates in special projects and performs other duties as assigned.

Skills

Transaction cost analysis

Education

Undergraduate degree or equivalent

Job description

Core Responsibilities

1. Researches, evaluates, tests, and implements cutting-edge trading technology, analytics, data sources, and other tools.
2. Works independently on transaction cost analysis, under the guidance of senior analysts, to maintain and enhance processes for trading desks based on rigorous research and quantitative analysis.
3. Resolves issues involving data, infrastructure, and prototype technology tools leveraged by the transaction cost analysis processes. Enhances existing models, develops data sources and processes, and communicates results.
4. Provides reporting and analytics to assist in shaping the future of the transaction cost analysis and trading agenda.
5. Develops and maintains knowledge of market structure, microstructure, and transaction cost analysis in order to bring an informed perspective to the research process.
6. Represents Vanguard effectively to internal and external audiences.
7. Participates in special projects and performs other duties as assigned.

Qualifications

Minimum of two years related work experience, including one year transaction cost analysis experience. Undergraduate degree or equivalent combination of training and experience.

Special factors: This position is hybrid and will require you to work in office Tuesday-Thursday. Vanguard is not offering visa sponsorship for this position.

Why Vanguard?

Vanguard is a different kind of investment company. It was founded in the United States in 1975 on a simple but revolutionary idea: that an investment company should manage its funds solely in the interests of its clients. This is a philosophy that has helped millions of people around the world to achieve their goals with low-cost, uncomplicated investments. It's what we stand for: value to investors.

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: 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. Vanguard, one of the world's leading investment management companies, serves individual investors, institutions, employer-sponsored retirement plans, and financial professionals. We have a diverse and talented crew with a culture that promotes teamwork, along with an unwavering focus on serving our clients' best interests.