We are seeking a Municipal Bond Trader to join our Fixed Income Group. This role is ideal for a trading professional with municipal bond experience and a quantitative and technology-driven mindset. The successful candidate will play a key role in advancing trading strategy, improving execution quality, and investment decision making to achieve desired fund outcomes
This is an opportunity to work at the intersection of markets, analytics, and technology within a collaborative, growth-oriented trading environment. If you are passionate about investing, municipal markets, and systematic trading, we want to hear from you.
Responsibilities - Execute municipal bond and money market trades for our municipal index and money market funds with a consistent focus on best execution, liquidity, and risk-aware decision-making.
- Partner closely with portfolio managers, analysts, and traders to develop, propose and execute investment decisions to manage portfolio risk positioning
- Enhance and evolve systematic and electronic trading strategies, execution models, and workflows to improve efficiency and performance
- Collaborate with quantitative researchers and developers to advance trading tools and analytics
- Build and maintain strategic relationships with security dealers, and leverage relationships to improve trading strategies and execution
Qualifications - Undergraduate degree required with preference for finance, engineering, or other quantitative disciplines.
- 2 plus years of experience in municipal bond or fixed income trading and/or systematic or quantitative trading strategies
- Strong quantitative, analytical, and problem-solving skills
- Demonstrated interest in systematic trading, electronic execution, and market structure
- Previous computer programming experience or familiarity with programming languages (i.e. Python) is preferred.
NOTE This position will work East Coast business hours and requires in office presence 5 days per week.
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.