Senior Quantitative MBS Research Analyst

Vanguard; Malvern (Chester County); Hybrid; USD 150,000 - 210,000; Full time

Job summary

Vanguard is seeking a Senior Quantitative MBS Research Analyst to advance fixed income decision‑making across agency residential MBS and ACMBS. The role partners with portfolio management and trading to translate data into actionable insights, exploring machine learning and alternative data to enhance returns.

You will work in a collaborative environment within Vanguard’s Fixed Income team, contributing to intellectual rigor and long‑term client outcomes through thoughtful analysis and strategic

Qualifications

• Strong quantitative skills with ability to translate data into insights.
• Experience with capital markets and Agency MBS preferred.
• Proven ability to connect analysis to investment decisions.

Responsibilities

• Identify and implement initiatives to improve fixed income fund returns and reduce costs.
• Support fixed income investment decision processes with quantitative analyses.
• Explore machine learning and alternative data sources for investment decisions.
• Develop new quantitative measures and enhance existing models for investment strategies.
• Communicate complex results clearly to portfolio management and trading teams.

Skills

Quantitative analytics

Coding

Capital markets

Communication

Investment concepts

Education

Undergraduate degree or equivalent

Graduate degree preferred

Job description

Join Vanguard’s Fixed Income team as a Senior Quantitative MBS Research Analyst, where your quantitative expertise, market knowledge, and ability to translate complex data into actionable insights will directly influence investment outcomes across multiple active funds at Vanguard. In this role, you’ll partner closely with portfolio management and trading teams to enhance fixed income decision‑making, explore innovative techniques such as machine learning and alternative data, and help shape strategies that seek to generate excess returns across various agency residential (MBS) and commercial mortgage‑backed securities (ACMBS). This is an opportunity for a thoughtful, analytical professional to make a meaningful impact within a mission‑driven investment organization known for putting long‑term client success at the center of everything we do.

Responsibilities:

• Provides thought leadership and advocacy to identify and implement new initiatives that improve fixed income fund returns and lower their costs.
• Works independently on projects under the guidance of senior specialists, to support the fixed income investment decision processes, utilizing specialized quantitative skills. Generates value‑add insights and provides data‑driven solutions to enhance fixed income investment outcomes for the active Agency MBS desk.
• Investigates machine learning techniques and alternative data sources to introduce innovative techniques and methods in support of fixed income investment decision‑making.
• Independently creates and performs analysis to support fixed income investment strategies, creates new quantitative measures, and contributes to new investment strategies. Enhances existing models, tests alternative data sources, and communicates results.
• Develops business acumen to bring an informed perspective to investment management teams.
• Uses communication and interpersonal skills to integrate with the portfolio management and trading teams, adding a quantitative perspective to their day‑to‑day interactions with and interpretations of market developments. Tailors communication of complex concepts to the audience.
• Participates in special projects and performs other duties as assigned.

Qualifications:

• Undergraduate degree or equivalent combination of training and experience. Graduate degree preferred.
• Knowledge of capital markets and investment concepts. Knowledge of Agency MBS preferred.
• Minimum of five years related work experience, including three years related analytical work experience.
• Technical skillset (i.e. coding, analytics, finance, fixed income products).
• Highly self‑motivated, output‑oriented individual driven by intellectual curiosity.
• Strong communication skills.
• Strong conceptual thinking skills with the ability to connect quantitative analysis, market dynamics, and investment strategy into actionable insights.

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.