Senior Investment Director, Oversight & Manager Research

The Vanguard Group; Malvern (Chester County); Hybrid; USD 150,000 - 200,000; Full time

Job summary

A prominent investment management firm located in Malvern, PA is seeking a Senior Investment Director to oversee assigned funds and manage a team. The ideal candidate will possess significant experience in portfolio management, strong communication skills, and a technical background in investment topics. This role involves leading manager evaluations and collaborating with product teams. A hybrid work model is in place.

Qualifications

• Ten years related work experience, including five years in portfolio management and evaluation.
• Demonstrates deep technical expertise on investment topics.
• Ability to manage a team of 2-3 analysts.

Responsibilities

• Hires, evaluates, and supervises crew.
• Owns assigned funds and assesses fund performance.
• Leads interactions with potential managers.
• Develops and maintains stakeholder relationships.
• Partners with product development teams for product launches.

Skills

Ability to engage and influence senior audiences

Strong verbal and written communication skills

Technical expertise in active management and capital markets

Education

Undergraduate degree in finance or economics

Graduate degree preferred

CFA preferred

Job description

Senior Investment Director, Oversight & Manager Research page is loaded

Senior Investment Director, Oversight & Manager Research

Apply locations Malvern, PA time type Full time posted on Posted Yesterday job requisition id 169589

Oversight & Manager Search (OMS) is Vanguard’s manager research function that is responsible for overseeing Vanguard’s funds, ETFs, and their advisors to ensure Vanguard’s products deliver strong investment performance for its clients. OMS works directly with Vanguard’s Manager Oversight Committee and Boards of Directors to deliver on its mission. We are looking for a Senior Investment Director to join OMS to provide oversight of an assigned book of funds/ETFs, the investment managers of those funds/ETFs, and to engage with prospective external managers Vanguard may consider hiring.

Core Responsibilities

1. Hires, evaluates, and supervises crew. Provides guidance and training as necessary to develop crew. Sets performance standards, reviews performance, and makes informed compensation decisions in accordance with all applicable Human Resources policies and procedures.

2. Owns assigned funds and assesses fund performance. Uses quantitative and qualitative inputs to measure investment success. Presents investment opinions to senior management at various forums.

3. Leads interactions with potential managers (i.e., manager search) and documents opinions on existing managers. Manages fund and manager changes.

4. Develops and maintains key internal and external stakeholder relationships across the organization, including the Portfolio Review Department (PRD) and Investment Management Group (IMG).

5. Partners closely with product development teams to shape the product lineup, including new product launches.

6. Maintains strong investment industry knowledge. Utilizes manager evaluation tools and provides recommendations on new tools when appropriate.

7. Develops manager fee proposals, participates in fee negotiations, and contract modifications. Communicates trends to product management team.

8. Delivers investment reviews and articulates Vanguard's stance on investment related issues. Provides thought leadership.

9. Identifies and develops talent as a senior leader, manages a team of 2-3 analysts and is expected to have leadership reach across the entire team.

10. Participates in special projects and performs other duties as assigned.

Qualifications

• Ability to engage and influence senior audiences, including investment committees (comprised of Senior Staff) and Boards.
• Demonstrates deep technical expertise on a range of investment topics, including active management, the capital markets, and analytical techniques to evaluate investment managers.
• Deep technical expertise on a range of investment topics, including active management, the capital markets, and analytical techniques to evaluate investment managers.
• Strong verbal and written communication skills.
• Ten years related work experience, including five years’ experience in portfolio management, analysis, and investment manager evaluation.
• Undergraduate degree in finance or economics or equivalent combination of training and experience required. Graduate degree preferred.
• CFA 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.

About Us

Vanguard, one of the world's largest 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.