What the job is
You build the mathematical models that tell a bond fund manager which company debts to buy, how much to hold and how risky they are. The seat is Senior Quantitative Credit Strategist, also called Senior Corporate Credit Quantitative Strategist. It sits alongside the portfolio managers, credit analysts and risk teams that run global investment grade and high yield portfolios, and its purpose is to turn research into tools those teams use on live money.
Investment grade means bonds from borrowers that ratings agencies judge safe, and high yield means bonds from riskier borrowers that pay more interest to make up for it. Credit alpha is the return a manager earns above the market by picking the right bonds, and this seat exists to make that picking more systematic.
Your application
Your CV fitted to Vanguard’s team, the letter and the form's answers, written from your own material