IMFS Internship

Vanguard

Posted 5 days ago

Internship

Malvern, Pennsylvania

Hybrid

Smart Summary

The intern will support investment management businesses by driving innovation through research, prototyping, and validation of AI/ML solutions. They will collaborate with portfolio managers and data engineers to develop systematic trading strategies and agentic workflows.

We are seeking a forward-thinking intern to join our Innovation and AI/ML Research team, supporting our Investment Management businesses. The ideal candidate will be pursuing a master’s degree in a quantitative discipline, possess strong analytical and problem-solving skills, and have a desire to gain knowledge of investments and emerging technologies. Strong communication and leadership skills are also required.

Must Have Skills for ATS

Artificial Intelligence

Machine Learning

Quantitative Finance

NLP

Data Analysis

Prototyping

Generative AI

Agentic Workflows

Statistical Modeling

Data Architecture

Portfolio Management

Trading Strategies

Data Visualization

Strategic Thinking

Problem Solving

Communication

Job Description

Job Profile Summary:

We are looking for forward-thinking individuals to join our Innovation and AI/ML Research time team. In this role you will support our Investment Management businesses by helping drive the innovation process from idea generation through prototyping and validation with the desk. An ideal candidate is highly effective at translating business challenges into technological solutions, through cutting-edge research in quantitative finance, AI, machine learning and NLP. The role demands a strategic mindset that can bridge the gap with current capabilities through practical applications of AI/ML and deliver clear business value.

Background:

Investment Management Fintech Strategies (IMFS) is a global team headquartered in Malvern, Pennsylvania.  IMFS serves to actively explore new technologies in ways that could dramatically improve the Vanguard’s investment performance, make capital markets work better for our investors, and embed a culture of innovation throughout Vanguard.  This team seeks out internal and external partners and prospects all aspects of technology for ways to experiment and disrupt securities investing across all asset classes.  We focus on data strategies including new sources of data and advanced analytics capabilities including machine learning and artificial intelligence; platform and visualization strategies; and market structure strategies.

Responsibilities:

Work closely with portfolio managers and trading desks to understand their business goals, translate those into research and prototyping requirements, refine solutions based on business feedback. Use statistical and AI/machine learning applications to uncover insights into the investment landscape Develops understanding of Vanguard’s investment management processes across businesses and regions, as well as data and analytics underpinning those activities. Collaborate with PMs/traders to design and develop systematic trading strategies and decision-making processes. Drive experimentation and prototyping in generative AI and agentic workflow solutions that transform how the desk conducts research, portfolio management and trading. Collaborate with data engineers to aid in development of data architecture, data treatment, and normalization Proactively explore and introduce innovative approaches and emerging technologies Communicate complex ideas and solutions effectively to IMG stakeholders through presentations, data visualizations, demos and receive buy-in Develops and maintain knowledge of financial markets, securities, and general investment themes, and new technologies in order to bring an informed perspective to current financial technology landscape.

Qualifications

  • An undergraduate degree in a quantitative discipline and currently pursuing a master’s degree.
  • Strong desire to gain superior knowledge of investments (i.e., equities, fixed income, alternative investment strategies, etc.)
  • Ability to work with large data sets, both structured and unstructured, and emerging data sources.
  • Ability to deal with competing priorities and exacting expectations.
  • Exceptional conceptual, analytical, and problem solving skills, proven ability to build/execute on ideas.
  • Must be able to work in a collaborative and occasionally fast paced/high pressure environment.
  • Demonstrated leadership skills and ability to think strategically.
  • Strong verbal and written communication skills, interpersonal skills, and professional presence.

Special Factors

Sponsorship

Vanguard is 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.

Vanguard

We are a community of 50 million who think—and feel—differently about investing. Together, we’re changing the way the world invests. For over 50 years, Vanguard has helped people pursue their financial goals with a spotlight on long-term value and low costs. We’ve made it a focus to put investors first, so whether you’re saving for your first home or investing for a comfortable retirement, we’re here to help you succeed. Community guidelines: vgi.vg/sgl1

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