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Quantitative Investments Researcher

State Street
Cambridge, Massachusetts
$150K-$210K a year
Full-time

Quantitative Investments Researcher (State Street Bank and Trust Company, Cambridge, MA)(Multiple positions) : The Quantitative Investments Researcher will be a member of the Portfolio Management Research team at State Street Associates, an investment research division of State Street Global Markets.

This role will be responsible for advancing new research and product development in the form of thought leadership, market indicators, and analytical tools.

In collaboration with senior team members, the Quantitative Investment Researcher will apply quantitative financial and economic skills in order to contribute to new research related to portfolio construction and investment risk.

Specific duties of the position include : Supporting the team’s new research in areas such as portfolio optimization, dynamic asset allocation, and risk management;

Co-authoring white papers and journal articles in collaboration with colleagues; Translating this academic research into practical applications and products (publications, indicators, tools, etc.

Running customized analysis for clients and creating written reports; Building calculation engines in Python for internal and client-facing tools;

Engaging with clients as a subject matter expert on our related research. Hybrid-remote telecommuting permitted pursuant to Company policy.

Minimum requirements : Master’s degree or its equivalent in Mathematics, Economics, Finance and or related quantitative field;

and 2 years of experience in a quantitative role.

  • Must possess demonstrated solid knowledge and ability with the following : Economic principles including Asset pricing models, FX market analysis, and macro factors that influence the market;
  • Financial analysis including Portfolio theory, mean-variance optimization, ESG factors, backtesting, and designing investment strategies;
  • Mathematical techniques including Working with simulation techniques (Monte Carlo, Bootstrap), principle components analysis, multivariate regression, VaR models, non-linear models, pricing and performance evaluation;

Computer skills including Professional hands-on ability with Excel, Powerpoint, MATLAB, Python, SQL; Communication skills including Written communication skills suitable for authoring white papers and journal articles.

Unless otherwise indicated, State Street is seeking the stated ability in the skills listed above with no specific number of years or amount of experience required.

All experience can be gained concurrently.)

To apply to this position, you must click the Apply button on this page and complete the online application. An EOE.

LI-DNI

Salary Range :

$150,000 - $210,000 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

30+ days ago
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