Quant jobs / Vanguard

Senior Quantitative MBS Research Analyst

A research role in the asset manager's fixed income group, supporting the active agency mortgage-backed securities desk. It sits with portfolio managers and traders and explores machine learning and alternative data.

What you’d work on

Our reading of the posting: what a new hire in this role would most likely spend their first months on.

Build analysis and new quantitative measures for agency MBS investment decisions
Improve existing models and test alternative data sources
Trial machine learning methods for fixed income investing
Give portfolio managers and traders a quantitative view of daily market moves
Work on commercial MBS as well as agency

What they ask for

Required

5+ years of related work, including 3 years of analytical work
Capital markets and investment concepts
Coding, analytics and fixed income product skills
Bachelor's degree or equivalent training and experience
Ability to link quantitative work to investment strategy

Preferred

Agency MBS knowledge
Graduate degree

Education: Bachelor's degree or equivalent experience; graduate degree preferred
Experience: 5+ years related work, including 3 years of analytical work
Markets: fixed-income

How to prepare

Learn MBS basics: pass-throughs, prepayment drivers, convexity and OAS
Build a simple prepayment model from public agency data
Study duration and key-rate exposures for mortgage portfolios
Try a machine learning model on mortgage data and compare it with a simple baseline

What to study

The Rates Quant roadmap sets out the stages for this kind of role, with free resources for each.

Open the roadmap

Apply

Read the full posting on Vanguard’s site before applying: requirements, location and pay can change after we check them.

View the posting on Vanguard’s site ↗

SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with Vanguard and doesn’t handle applications.