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Senior Director, Rate Strategy & Bank Network Management
Charlotte, NC; Malvern, PA; Scottsdale, AZ
·
On-site
·
Full-time
·
2w ago
Benefits & Perks
•Flexible Hours
•Flexible Hours
Required Skills
Strategic Pricing
Financial Services
Leadership
Vendor Management
Regulatory Compliance
Role Summary
We are seeking a visionary and enterprise-minded leader to shape the future of Vanguard's critical and growing Cash and Savings business. This role will serve as the senior leader for rate strategy and bank network management -ensuring our offerings are competitive, enduring , and aligned with our mission to be the most trusted destination for clients' cash.
As a senior leader, you will influence cross-functional decision-making, drive enterprise alignment, and lead a high-impact team responsible for setting and managing our Cash & Savings pricing strategy and bank partnerships . You will be instrumental in scaling our capabilities and delivering outcomes that extend the Vanguard Effect across the full client portfolio.
Key Responsibilities:
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Strategic Leadership & Vision
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Define and champion the long-term strategy for rate and bank network management across the Cash & Savings portfolio.
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Serve as a thought partner to senior leaders in Finance, Risk, Legal, and Vanguard Client Segments to align pricing and capacity decisions with enterprise goals.
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Lead strategic planning and transformation initiatives that position Vanguard as a market leader in cash solutions.
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Rate Strategy & Pricing Governance
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Architect rate structures that drive client value, competitive differentiation, and financial sustainability. Explore new and innovative pricing strategies.
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Lead pricing forums and governance routines to ensure transparency, agility, and alignment across segments.
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Monitor macroeconomic trends, competitor movements, and client behaviors to inform strategic pivots and day to day pricing execution decisions.
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Bank Network Optimization
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Oversee the design and evolution of Vanguard's program bank network, including dual supplier resiliency, capacity planning, and onboarding strategy.
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Negotiate and manage strategic Rate & Pricing partnerships.
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Ensure operational excellence and risk-smart execution across bank-related Rate & Pricing processes.
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Enterprise Influence & Enablement
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Represent Cash & Savings in enterprise forums, steering committees, and strategic reviews.
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Collaborate with enablement teams to ensure scalable delivery, crew readiness, and client experience alignment.
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Drive cross-functional integration with Advice & Wealth Management Segments, Workplace, Personal Investor, and Institutional teams.
Qualifications:
- Minimum of 10 years' experience in financial services managing a strategic pricing function, ideally with direct accountability for setting deposit or deposit-like rates.
- Undergraduate degree or equivalent combination of training and experience. Graduate degree or PhD preferred.
- Proven track record of leading enterprise-level initiatives and influencing senior stakeholders.
- Deep understanding of banking infrastructure, vendor management, and deposit products.
- Exceptional strategic thinking, communication, and leadership skills.
- Experience with governance frameworks, regulatory compliance, and financial forecasting.
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.
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About Vanguard
Reviews
3.4
3 reviews
Work Life Balance
2.5
Compensation
3.2
Culture
2.8
Career
3.5
Management
3.0
45%
Recommend to a Friend
Pros
Competitive compensation package with bonuses
Good foundation for career development
Interesting programs aligned with education
Cons
Long commute requirements (2.5 hours)
Mandatory on-site presence multiple days
Pay below industry standards
Salary Ranges
1,532 data points
Junior/L3
Mid/L4
Senior/L5
Junior/L3 · Processing Associate
135 reports
$57,471
total / year
Base
$53,433
Stock
-
Bonus
$4,038
$45,260
$73,912
Interview Experience
3 interviews
Difficulty
3.0
/ 5
Duration
14-28 weeks
Interview Process
1
Application Review
2
Recruiter/HR Phone Screen
3
Technical/Case Study Round
4
Final Round Interview
5
Offer
Common Questions
Behavioral/STAR
Technical Knowledge
Case Study
Past Experience
Culture Fit
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