Economist

Vanguard
Valley Forge - United States
S: Competitive

Vanguard, one of the world's largest investment management companies seeks an Economist for its Investment Strategy Group to help formulate and research Vanguard's economic and capital markets outlook, serve as resource for internal investment groups (e.g., Fixed Income, Asset Management and Trust Services) and participate in generating department-initiated topics that will be used by both internal and external clients/prospects. The position will be part of a global team responsible for establishing and maintaining a robust economic and investment research effort at Vanguard.

Your primary duties and responsibilities:

Analyzes complex investment research issues, focusing on macroeconomic trends, financial markets and their implications for portfolio construction, asset allocation strategies, and investment advice.
Analyzes investment research issues as assigned by utilizing both internal and external resources.
Performs quantitative analysis and offers opinions and recommendations.
Prepares written and statistical analyses as needed for clients, prospects, senior management and the media. Contributes written material for internal and external publications.
Presents analysis and results internally and on occasion externally to Vanguard clients or constituents.
Supports internal client requests on ad hoc research projects.Meets with senior management to determine requirements for research requests. Assists in the creation of investment-related presentations given by Vanguard senior management.
Serves as investment resource for advice delivery groups, e.g. the Web and High Net Worth. Develops schedule and format of any ongoing research needs that may be requested by internal clients.
Works in collaboration with functional teams in the US, UK, Australia and Hong Kong to support "one global voice" for Vanguard as it pertains to investment philosophy and approach. Contributes written material for internal and external publications. Participates in group discussions designed to identify and debate investment issues and potential research projects. Develops recommendations on new research topics or quantitative methodologies.
Participates in special projects and performs other duties as assigned.

The ideal candidate should possess:

Ph.D. in any of the following fields is strongly preferred:
Time-series Econometrics
Macroeconomics
Empirical Finance
Retirement / Lifecycle Investing
Behavioral Finance / Behavioral Economics
Solid knowledge of capital markets and key investment and economic concepts.
Exceptionally strong technical and analytical skills, including modeling and statistical methods.
Strong presentation and writing skills.
Ability to work independently on multiple assignments simultaneously.
Excellent computer skills, strong programming knowledge of Matlab, Eviews, or others software packages.

Job summary