Emerging Markets Fixed Income Trader
Vanguard
Malvern, PA, USA
Posted on Jun 5, 2026
Exciting opportunity to join Vanguard’s Active Fixed Income Group as an Emerging Markets Debt Trader, identifying and executing trades and supporting the portfolio management process across rates, credit, and currency markets.
Responsibilities:
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.
Responsibilities:
- Negotiates and executes trades for fixed income managed portfolios. Maintains relationships with security dealers. Authorized to invest cash flows across markets and act as portfolio manager with a lower level of discretion. Maintains targeted exposure across rates, currency and credits with focus on maintain consistent strategic positioning across portfolios. Manages portfolio cash.
- Develops, evaluates, and acquires models for analyzing investment strategies. Analyzes data and develops trading and portfolio strategies with oversight. Generates ideas and research in conjunction with the credit research team and independently.
- Monitors performance attribution. Identifies relative value relationships and contributes to investment decision making processes.
- Identifies, recommends, and develops process and operational improvements. Develops strategies to add value through efficient execution and quantitative research.
- Performs other duties as assigned.
- Five years related work experience, including four years fixed income investment management experience. Fixed income trading experience strongly preferred
- Undergraduate degree in an analytical discipline with a knowledge of economics or equivalent combination of training and experience required.
- CFA preferred.
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.