Head of Advice Portfolio Construction Technology
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locations
Malvern, PA
Dallas/Ft. Worth, TX
time @type
Full time
posted on
Posted Today
job requisition id
181697
We are seeking a senior technology leader to serve as Head of Advice Portfolio Construction Technology-building and scaling the platformsthat translate client needs into investment outcomes for millions of investors. This role sits squarely at the intersection of investment domainexpertise and modern technology leadership, spanning risk profiling, asset allocation, portfolio construction, and ongoing portfoliomanagement.This is a rare seat for a leader who pairs deep investment acumen with proven engineering leadership. As Vanguard evolves rules-based towardnext-generation, risk-optimization-driven portfolio construction, this leader will build in-house capability-not simply integrate vendors-andshape a multi-year transformation at scale. The current scope includes a budget of approximately $25M.- A high-visibility platform leadership role driving the technology behind personalized advice and wealth management.- Direct influence over the transition from rules-based to risk-based, optimization-driven portfolio construction.- A true leader-of-leaders mandate: management of managers, with strong organizational leadership, stakeholder influence, andprogram delivery at the core.- The chance to build proprietary, in-house capability rather than depend solely on third-party vendors.What You Will DoLead, develop, and inspire a high-performing organization of technologists across approximately 12 full-stack engineering teams; manage aleadership bench that currently includes 4 direct reports and spans PA, NC, TX, and sourcing, with expected expansion into India next year.- Build a strong leadership bench and cultivate a culture of ownership, accountability, and continuous improvement.- Drive adoption of modern engineering practices (AI-assisted development, CI/CD, observability, resiliency).- Deliver and evolve platforms that assess client risk tolerance, generate asset allocation and portfolio recommendations, andconstruct portfolios using both rules-based and risk-based methodologies.- Advance capabilities in risk-based optimization, tracking-error reduction, securities-selection rationale, and portfolio transition /optimization functions.- Ensure platforms support a broad range of investment strategies, products, and client segments across equities and fixed income.- Act as a senior partner to investment, product, and advice leaders, translating investment concepts (risk, allocation, diversification,optimization) into scalable technology solutions.- Shape technology strategy across advice, portfolio management, and client experience, influencing decisions without direct authority.
Qualifications
Investment & Domain Expertise (Differentiator)
Strong understanding of portfolio construction, asset allocation, and client risk profiling, including the nuances of equities vs. fixed income and risk-based optimization.
Familiarity with tracking-error reduction, securities-selection rationale, and portfolio transition / optimization functions.
Experience in the advice sector, portfolio construction, portfolio management, or rebalancing tooling is strongly preferred.
ACFA or comparable industry certification is a strong plusand a valued signal of deep investment capability (not required).
Proven experience leading large application engineering organizations, including managing managers and developing senior leaders.
Track record of building high-performing teams in complex, matrixed environments with significant cross-functional dependency.
Deep experience leading large-scale technology programs and platform transformations, with strong grounding in modern engineering practices, distributed systems, and platform architecture.
Ability to balance operational reliability with long-term transformation.
Experience integrating or building alongside industry platforms (e.g., Aladdin, Charles River, MSCI, InvestCloud, Advisor Engine, Orion, Envestnet) is a plus and shortens ramp time.
Demonstrated ability to operate in ambiguity, set clear direction, and balance innovation, cost, risk, and speed while ensuring disciplined execution.
Exceptional stakeholder management; comfortable partnering with senior business and investment leaders and influencing without direct authority.
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.
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.
About Us
Vanguard, one of the world's leading investment management companies, serves individual investors, institutions, employer-sponsored retirement plans, and financial professionals. We have a diverse and talented crew with a culture that promotes teamwork, along with an unwavering focus on serving our clients' best interests.
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