Sovereign Analyst

Malvern, PA - USA

Monthly Salary: Not Disclosed

Posted on: 5 hours ago

Vacancies: 1 Vacancy

Job Summary

Vanguards marketleading active Emerging Markets (EM) team is seeking a Sovereign Analyst to join our active fixed income group. This is an exciting opportunity to help expand one of the fastestgrowing areas within Vanguards active fixed income platform contributing to dedicated EM funds as well as EM allocations within broader active fixed income mandates. The role will also support future product development as we continue broadening Vanguards active EM capabilities.

Based at Vanguards global headquarters in Malvern PA a suburb of Philadelphia you will collaborate closely with EM portfolio managers traders and research colleagues to generate actionable investment recommendations across local rates sovereign credit and FX with a primary focus on Latin America. The position will report to the U.S.-based Head of Emerging Markets Fixed Income this role you will complement our existing Latin America sovereign analyst focusing particularly on building and deepening our local rates capabilities while jointly contributing to the regions sovereign credit analysis.

This role is suited for midcareer professionals who want to grow within a collaborative researchdriven and intellectually rigorous investment team. Success requires strong analytical skills effective communication abilities and comfort navigating fastmoving market conditions. Your work will directly influence investment decisions drive alpha generation and reinforce Vanguards reputation as a leader in emerging markets fixed income.

Responsibilities:

Complement the existing Latin America sovereign credit analyst with a focus on expanding and strengthening the teams Latin American local rates coverage while also contributing to sovereign credit and FX views.
Collaborate with U.S.-based EM portfolio managers and regional analysts to formulate and present investment recommendations across your assigned markets within Latin America.
Produce highquality investment researchincluding written reports financial models and presentationsin a collaborative team environment.
Help enhance and refine the EM investment process bringing new analytical approaches models or frameworks to the team.
Develop relative value recommendations across countries and asset classes calibrating views against broader EM sovereign EM corporate and global fixed income markets.
Contribute to both tactical (shortterm) and strategic (longterm) perspectives within the EM sovereign investment framework.
Monitor regional macroeconomic political and market developments and understand the evolving risk factors that drive sovereign yields curve dynamics and FX performance across Latin America.
Leverage and expand relationships with policymakers central banks multilateral institutions and sellside research providers.
Lead or participate in strategic initiatives across the EM team and the broader Fixed Income organization as need

Qualifications:

5 to 8 years of total professional experience including at least four years focused on EM sovereign credit or EM macroeconomic research ideally involving Latin America.
Experience conducting sovereign research across credit and rates with a preference for candidates who have worked on local rates or interestrate strategy.
Strong quantitative modeling and coding capabilities; experience developing fundamental and/or relativevalue models.
Demonstrated ability to generate and implement relative value investment recommendations in EM fixed income.
Strong understanding of fixed income concepts and investment strategy.
Ability to communicate investment views clearly succinctly and effectively across global teams.
Undergraduate degree in finance economics or a related field; progress toward a graduate degree and/or CFA preferred.
Spanish and/or Portuguese language skills preferred.

Special Factors

Sponsorship

Vanguard is offering visa sponsorship for this position.

About Vanguard

At Vanguard we dont just have a missionwere 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.

Required Experience: