Fund & Investment Operations Analyst, Senior Associate

This role provides specialised, Fixed Income product–aligned support to portfolio managers, serving as the primary point of contact for all investment operations inquiries. The position involves producing high-quality, gold-standard data with a strong emphasis on operational efficiency and output quality. Responsible for tasks supporting a wide range of Fixed Income portfolios, including investment trusts, mutual funds, ETFs, and other pooled vehicles. The role will focus on well-defined, process-driven tasks and query handling while learning the foundational concepts of Fixed Income portfolio management, data, and trading operations.

About Vanguard

More than 45 years ago, John C. Bogle had a vision to start an investment company that did things differently. A company with no external shareholders. Where all the profits were invested back into the business and used to lower costs. Evidently, it was as bold as it was brilliant. To this day, Vanguard Group still has no external shareholders. That means no share prices to protect, and no profits to generate for outside owners. 

Today, Vanguard is one of the world’s largest investment management companies, serving more than 50 million investors worldwide. For more than 25 years Vanguard Australia has been supporting individual investors, financial advisers, and superannuation members to achieve their long-term financial goals.

Key Responsibilities

• Serve as subject matter and technical expert for Fixed Income instruments, identifying and resolving complex operational issues across bonds, money markets, and related derivatives.
• Analyse cash flows, , transaction activity, and portfolio holdings data for accuracy and completeness.
• Identify opportunities for process improvements and proactively propose solutions tailored to Fixed Income workflows.
• Participate in special projects and perform other duties as assigned, including pricing validation and benchmark alignment.
• Engage and collaborate with internal partners, including compliance, risk management, and IT teams, to provide comprehensive support for Fixed Income portfolios.
• Support the setup and maintenance of Fixed Income security master data (e.g., coupon type, day count, maturity, call/put schedules, pricing, transaction adjustments).
• Document procedures across all Fixed Income product types and leverage operational knowledge to aid in the production of gold-copy data.
• Maintain communication with internal and external partners to resolve reconciliation issues and oversee research and implementation of complex process improvements.

Skills & Qualifications

• Min. 3 years of experience in investment operations, data strategy, or trading support, preferably with exposure to Fixed Income products.
• Bachelor’s degree (or equivalent) in finance, economics, mathematics, or related field.
• Strong organisational skills and attention to detail, with a control-focused mindset.
• Interest in Financial markets, instruments, and operational processes.
• Willingness to learn systems and tools (e.g., Excel, Python OMS/IBOR platforms, pricing systems).
• Effective communication skills and a team-oriented mindset.

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.

Our 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.