Fund Accounting Junior Analyst

The Vanguard Group; Scottsdale (AZ); Hybrid; USD 70,000 - 100,000; Full time

Job summary

The Vanguard Group in Scottsdale, AZ is seeking an analytical Security Pricing Analyst to support accurate valuations across Vanguard funds and products. You will work with market data, price exceptions, and collaborate with investment teams and service providers to ensure timely pricing.

The role emphasizes strong data analysis, attention to detail, and knowledge of pricing methodologies across fixed income and equity securities. Hybrid work supported in a dynamic, client-focused environment.

Qualifications

• Bachelor's degree or equivalent experience in a related field.
• Experience with security pricing, fund accounting, or investment operations preferred.
• Strong numerical and analytical skills with attention to detail.

Responsibilities

• Researches, analyzes, and determines security valuations to support pricing of securities and FX across funds and products.
• Performs pricing activities in line with prospectus requirements and pricing policies.
• Reviews pricing exceptions and market data to identify and resolve valuation issues.
• Escalates complex issues to management and conducts additional research when needed.
• Executes daily, weekly, and monthly pricing duties while meeting deadlines and controls.
• Partners with internal and external stakeholders to resolve pricing-related questions.

Skills

Financial markets knowledge

Security valuation concepts

Analytical/problem solving

Pricing data analysis

Education

Undergraduate degree in Accounting, Finance, Economics, Business, or related field

Tools

Bloomberg

LSEG/Reuters

Microsoft Excel

Job description

Join Vanguard’s Security Pricing team and build hands-on experience supporting the accurate valuation of securities held across Vanguard funds and investment products. You’ll work with market data, research pricing exceptions, and collaborate with teams across the organization while developing your knowledge of financial markets, investment products, and security valuation.

Responsibilities

• Researches, analyzes, and determines security valuations to support timely and accurate pricing of securities and foreign exchange rates held within domestically and internationally domiciled mutual funds, Separately Managed Accounts, and institutional products.
• Performs pricing activities in accordance with applicable fund prospectus requirements, Board-approved pricing policies, and established Security Pricing procedures and controls.
• Reviews and analyzes pricing exceptions, market data, vendor information, and other relevant information to identify and resolve security valuation issues.
• Conducts additional research when pricing discrepancies or unusual market activity is identified and escalates complex or material issues to management as appropriate.
• Performs daily, weekly, and monthly Security Pricing responsibilities while ensuring established deadlines, quality standards, and controls are met.
• Identifies operational issues and works with team members and management to determine appropriate resolution.
• Develops working knowledge across multiple security types, asset classes, pricing methodologies, and Security Pricing processes.
• Applies knowledge of market activity, pricing sources, corporate actions, security characteristics, and valuation practices when researching pricing questions and exceptions.
• Partners with internal and external stakeholders, including investment teams, trading, Fund Accounting, Corporate Actions, third-party pricing and market-data vendors, custodian banks, Audit, Compliance, and other business partners to research and resolve pricing-related questions and issues.
• Participates in projects and business initiatives impacting Security Pricing.
• Assists with impact analysis, requirements gathering, testing, implementation, documentation, and post-implementation support.
• Communicates identified issues, risks, and results to project team members, stakeholders, and management.
• Identifies opportunities to improve Security Pricing processes, controls, documentation, and operational efficiency.
• Recommends solutions and participates in the implementation of approved process improvements.
• Supports team knowledge and operational coverage by maintaining procedures and documentation, sharing knowledge with team members, and assisting with training and onboarding activities.
• Provides guidance to other analysts based on knowledge and experience when appropriate.
• Supports Security Pricing controls and risk-management activities by reviewing pricing exceptions, completing required documentation, identifying potential control concerns, and escalating issues in accordance with established procedures.
• Develops knowledge of assigned processes, asset classes, systems, or areas of specialization and serves as a resource to team members on those responsibilities.
• Maintains awareness of market events, new products, regulatory developments, and business changes that may impact Security Pricing activities.
• Supports the implementation of new securities, products, markets, or investment strategies by assisting with pricing research, vendor coverage review, testing, documentation, and operational readiness activities.
• Participates in special projects and performs other duties as assigned.

Qualifications

• Undergraduate degree in Accounting, Finance, Economics, Business, or a related field, or equivalent experience preferred.
• Relevant experience in security pricing, fund accounting, investment operations, financial services, or a related field.
• Accounting or finance-related experience preferred.
• Strong analytical, research, problem-solving, and time-management skills.
• Knowledge of financial markets, investment products, and security valuation concepts.
• Experience researching pricing discrepancies or other financial data exceptions and determining appropriate resolution.
• Working knowledge of financial and market-data technologies such as Bloomberg, LSEG/Reuters, Microsoft Excel, and other investment or pricing applications.
• Strong attention to detail and ability to consistently meet operational deadlines while managing multiple responsibilities.
• Demonstrated ability to work independently while effectively collaborating with team members, management, and internal and external business partners.
• Strong relationship-management and interpersonal skills.
• Ability to identify process improvement opportunities and contribute to the development and implementation of solutions.
• Experience participating in projects or business initiatives, including testing, documentation, process implementation, or change-management activities.
• Strong written and verbal communication skills with the ability to organize and communicate pricing research, issues, and recommendations clearly.
• Ability to work effectively across teams and locations and support broader Fund Accounting and Security Pricing initiatives.
• Experience with Fixed Income, Corporate Actions, OTC Derivatives, or other complex security types is preferred.

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.

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.