Head of Global Asset Allocation Research

About the role

Vanguard is seeking a senior leader to head the firm’s global asset allocation research function within the Investment Strategy Group (ISG). The role involves leading research and models that shape capital market assumptions, portfolio strategies, and advice frameworks.

Responsibilities

• Lead Vanguard’s strategic and dynamic asset allocation research agenda, translating firm’s capital market assumptions into portfolio strategies.
• Translate macro, valuation, and market insights into evidence-based portfolio positioning aligned with Vanguard’s long-term investment philosophy.
• Lead portfolio construction frameworks for multi-asset funds, model portfolios, retirement, and advice solutions.
• Oversee the proprietary Vanguard Asset Allocation Model and related tools to evaluate risk/return trade-offs and ensure scalable, consistent application across client segments.
• Shape Vanguard’s position on the role of asset classes in portfolios, asset allocation views, and flagship research for internal and external audiences.
• Provide differentiated perspectives on portfolio strategies and represent Vanguard views with clients, industry forums, and in the press.
• Advise senior leadership on portfolio positioning, rebalancing, risk scenarios, and alignment between research, methodology, and implementation.
• Partner with portfolio management, advice, and product teams to inform fund management, product design, model portfolios, and retirement solutions.
• Set ISG’s research agenda, standards, and priorities while integrating economics, behavioral research, portfolio construction, modeling, and analytics.

Requirements

• 10+ years’ research experience in multi-asset investing, asset allocation, or macro strategy. PhD or graduate degree preferred.
• Deep expertise across global asset classes and portfolio construction research frameworks.
• Proven experience with research publications, public speaking, and media.
• Track record influencing CIOs, investment committees, and portfolio decisions.

Qualifications

• Exceptional analytical and problem-solving skills.
• Strong communication and interpersonal skills.
• Ability to work independently and collaboratively.
• Experience with data analysis and modeling.
• Knowledge of financial markets and investment principles.

Skills

• Strategic thinking and decision-making.
• Research and publication skills.
• Public speaking and media relations.
• Leadership and influence.
• Collaboration and teamwork.

Benefits

Vanguard offers a comprehensive benefits package that includes:

• Competitive compensation and benefits.
• Flexible work arrangements.
• Continuous learning and development opportunities.
• Health and wellness programs.
• Employee recognition and rewards.

Pay

The salary range for this role is $170,000 - $220,000 annually, commensurate with experience.

Schedule

This role is currently a hybrid schedule, with a mix of remote and in-office work.

Contact

To apply, please email your resume and cover letter to careers@vanguard.com. For more information about Vanguard, visit our website at www.vanguard.com.