Director Fixed Income Trading Jobs (NOW HIRING)

This role owns the global operating model, long-term strategy, and execution of services supporting the end-to-end fixed income investment lifecycle, including complex instruments and global markets. You will partner closely with senior investment, trading, risk, and technology leaders to deliver scalable, resilient, and high-quality operating capabilities that enable portfolio performance and risk-aware execution.

As a trusted advisor to executive leadership, you will shape investment operations strategy, manage enterprise risk outcomes, and drive transformation to support evolving product complexity, market dynamics, and regulatory expectations.

Why This Role Matters

This role is critical to enabling Vanguard's fixed income platform to operate with precision, resilience, and global scale. Given the complexity of fixed income markets, this leader directly influences portfolio execution quality, liquidity management, operational risk, and the firm's ability to navigate evolving market and regulatory environments.

Key Responsibilities:

Enterprise Strategy & Fixed Income Operating Model

• Define and lead the global strategy for fixed income data, portfolio administration, and trade support services
• Align operating priorities with fixed income investment objectives, including rates, credit, securitized products, and derivatives
• Establish strategic guardrails to ensure quality, resiliency, scalability, and strong risk management across regions
• Own the design and evolution of the global operating model, including standardization, automation, and sourcing strategies

Fixed Income Trade Lifecycle & Execution Excellence

• Oversee end-to-end fixed income trade lifecycle execution, including complex instruments (e.g., derivatives, structured products, and global bonds)
• Ensure readiness for market events, new issuances, index changes, and liquidity-driven activity
• Manage data dependencies, valuation considerations, and operational risks inherent to fixed income markets
• Drive continuous improvement in execution quality, scalability, and efficiency

Executive Advisory & Investment Partnership

• Serve as a strategic advisor to portfolio managers, traders, and senior investment leadership on execution risk and operational readiness
• Influence outcomes on large-scale market events, portfolio transitions, and trading initiatives
• Partner with investment leadership to align operating capabilities with evolving strategy and product innovation

Risk, Governance & Regulatory Oversight

• Establish and govern enterprise frameworks for operational risk management, escalation, and issue resolution
• Ensure alignment with regulatory expectations, audit requirements, and risk management standards across global markets
• Represent the function in executive, regulatory, and audit forums
• Strengthen control environments and oversee remediation of material issues

Transformation & Data Strategy

• Lead modernization of investment data and trade support platforms supporting fixed income investing
• Drive adoption of advanced data architecture, analytics, and automation to improve decision-making and control
• Sponsor enterprise initiatives that enhance integration across the investment lifecycle
• Deliver sustained improvements in efficiency, scale, and risk management

Organizational Leadership

• Lead, develop, and scale a high-performing global organization
• Set performance standards, evaluate talent, and drive development and succession planning
• Foster a culture of accountability, innovation, and operational excellence

Business Enablement & Market Responsiveness

• Own operational readiness for new fixed income products, mandates, and strategies
• Direct enterprise response to market, index, and regulatory changes impacting fixed income portfolios
• Ensure scalable support for growth, complexity, and global expansion
• Build and sustain executive partnerships across Investment Management, Technology, Risk, and external providers

Qualifications:

• Experience:
  • 10+ years of leadership experience across investment operations, fixed income trading support, portfolio administration, or investment data
  • Deep expertise across fixed income markets (rates, credit, securitized products, derivatives) and trade lifecycle complexity
  • Proven success leading global teams and enterprise-scale operating models
• Leadership & Influence:
  • Strong executive presence with the ability to influence senior stakeholders
  • Demonstrated track record driving transformation, automation, and operating model redesign
• Functional Expertise:
  • Strong knowledge of investment data, portfolio operations, and trade support in fixed income contexts
  • Deep understanding of risk management, regulatory frameworks, and control environments
• Education:
  • Undergraduate degree or equivalent experience required
  • Advanced degree preferred

Special Factors

Sponsorship

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.