Senior Manager, Brokerage Margin

About the role

The Senior Manager, Brokerage Margin leads the Credit and Margin Teams. They are responsible for supporting strategic and operational development efforts pertaining to the brokerage offer, ensuring scalability, and managing critical risks.

Responsibilities

• Hires, evaluates, and supervises crew. Provides guidance and training as necessary to develop crew. Sets performance standards, reviews performance, and makes informed compensation decisions in accordance with all applicable Human Resources policies and procedures.
• Leads strategic planning efforts. Ensures operational aspects are met for the department. Establishes short and long term goals, and leads strategic planning efforts.
• Champions the strategy for all operational processing activities across teams. Drives service enhancements, growth strategies, cost reduction efforts, and pricing changes.
• Maintains awareness of change in regulation, legislation, and the financial markets. Develops risk mitigation strategies, adheres to various control regulatory and internal standards to ensure compliance with all policies and procedures.
• Collaborates across departments to break down processing issues, avoiding critical barriers to operational efficiencies and enhancing the long-term effectiveness of the team's day-to-day activities.
• Works closely with internal and external partners and clients. Maintains communication with key stakeholders, anticipates client needs, and ensures satisfaction related to services provided.
• Participates in special projects and performs other duties as assigned.

Qualifications

• Undergraduate degree or equivalent combination of training and experience.
• Minimum of eight years related work experience in financial services. Supervisory experience preferred.
• This job requires a regulatory license and/or registration (e.g. FINRA, state, SFC). These are determined by Compliance based on role-specific duties. For this role we require the Series 7 and Series 63 prior to being hired. The role also requires the Series 23, however this may be obtained post-hire.
• Ability to work a Hybrid schedule with routine in-office days of every Tuesday, Wednesday and Thursday.

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.

Empowered to learn, grow, and thrive

• Rajesh D.: “Over the past 24 years, I’ve had the privilege of being part of Vanguard that is truly client-owned. What makes this place exceptional is its culture of niceness and collaboration. It’s more than just a job; it’s a place where you can grow, make meaningful contributions, and be part of a supportive, inclusive community. Every day, I am inspired by the dedication of my colleagues and the genuine care we have for our clients. Vanguard is where I and my work truly matters and where one can build a rewarding and fulfilling career.”
• Akua A.: “I discovered my niche in cybersecurity at Vanguard through a combination of IT roles and the Technology Leadership Program. My initial IT roles provided me a solid technical foundation, while the leadership program offered exposure to various facets of technology and strategic thinking. The highly collaborative environment at Vanguard, combined with access to cutting-edge technology and continuous learning opportunities, solidified my commitment to cybersecurity. This specialization not only leverages my skills and interests but also provides a profound sense of purpose, knowing that my work directly contributes to the safety and trust of our clients.”
• Diane T.: “What has always stood out to me about Vanguard is the people, our crew. Throughout my Vanguard journey, I’ve gotten a chance to explore various roles in security which has helped me navigate my career, and I have had the opportunity to work with the most incredible, supportive team members and leaders who truly care about me. Vanguard is truly the best place to work.”
• Kelly P.: “When I was seeking an employer, I was looking for somewhere I could grow, be challenged, collaborate with others who encourage diversity of thought and innovation, and do purposeful, value-driven work that truly makes a difference. I am fortunate to not only have found that during my tenure at Vanguard, but also to find a place where I can build a long and engaging career, experience many milestones (like earning an MBA, getting married, and starting a family), and mentor others who are seeking to do the same. Our mission, combined with our distinctive culture and an encouragement to learn continuously has given me a great opportunity to develop in ways I never imagined!”
• Megan M.: “Vanguard is not just a great place to work—it is a great place to have a career! As a company, we promote continuous learning and rotations which has allowed me to grow as a technical professional and as a leader. I have been encouraged to take on novel challenges and mentored to hone new skills preparing me for roles that I never imagined.”
• Rehana V.: “Having started my career at Vanguard, I like to say I grew up here. During my time here, I have received endless support and opportunities for growth and learning. From supporting my diverse needs and perspectives, to affording me the flexibility to meet my personal obligations, Vanguard’s commitment to their crew has helped me grow into the best version of myself. Vanguard’s collaborative culture and mission driven purpose permeates throughout the organization, motivating and inspiring each of us to stay focused and relentlessly client driven.”