Locations : New York, NY, Boston, MA and Chicago, IL
Working Environment : Hybrid
FactSet is a financial data and software company headquartered in Norwalk, CT with offices in 48 locations worldwide. As a global provider of financial information and analytics, FactSet helps the world’s best investment professionals outperform.
More than 170,000 users across 7000+ clients stay ahead of global market trends, access extensive company and industry intelligence, and monitor performance with FactSet’s desktop analytics, mobile applications, and comprehensive data feeds.
As of August 2023, annual subscription value reached $2.2 billion.
Our fixed income research and development team consist of self-motivated, articulate and highly-skilled professionals. A unique blend of people with highly quantitative skillsets.
We are looking for a smart and highly motivated Associate Director (AD) to join us.
They will be responsible for
Leading a team of fixed income researchers who research and develop advanced quantitative models and concepts to build world class fixed income (bond) analytics for use predominantly in the Fixed Income Portfolio Analysis (FIPA) product and elsewhere in the FactSet ecosystem.
Collaboration with other ADs in fixed income research (Derivatives, Risk, Structured Products), as well as global teams of quantitative developers, software engineers and product developers to better understand business requirements and deliver analytics to the clients.
Set the roadmap for fixed income bond analytics, taking into consideration client requests, product deficiencies and research that could help FactSet leapfrog our competitors.
Assist the team in the design of the solution using tools such as python, C++, Excel, Julia, etc., depending on the use case.
Assess the current implementation tools and processes and determine methods to optimize and streamline, with the goal of producing a more efficient model research process and ultimately a faster time to market.
Ownership of the various methods used to determine the price or spread of a bond, including trinomial tree, Monte Carlo, partial differential equations, etc.
Understanding stochastic interest rate models, such as the Hull-White model, market models, HJM models, and which are applicable to the various bond types.
Research models for all types of bonds (bankloans, municipal bonds, corporate bonds, high yield bonds, perpetual preferred equity, convertible bonds, contingent convertible bonds) and implement the industry standard.
When the industry standard is lacking, then develop new models that satisfy the FactSet workflows. Publish journal articles, whitepapers and product documentation illustrating the results from the research.
Job Requirements
10+ years working in fixed income.
Knowledge of FI markets and principles of quantitative modeling in finance
Strong knowledge of the fixed income analytics competitive environment
PhD or master’s degree in financial engineering, S cience, T echnology, E ngineering or M athematics
Strong knowledge of stochastic calculus, probability theory, linear algebra, and numerical methods
Good programming skills, preferably using the languages Python, C++, or Java; knowledge of object-oriented paradigm is preferable.
Analytical thinking and problem solving
Natural curiosity and creativity
Strong verbal communication skills and works well in a team environment.
Agile, action-oriented, quick thinker : you can deliver preliminary results fast by making simplifying assumptions and take time to dive deeper if our business priorities allow and if the problem demands more scientific rigor.
Any of the following will be considered an advantage
Experience in the space of derivative modeling
Experience with modern portfolio theory
Algorithms development, optimizing and profiling code
Knowledge in SQL, preferably on MSSQL Server
The budgeted amount range for this position in New York City is $184,000 - $245,000
We offer
A friendly business casual atmosphere in a workplace that consists of diverse talents and working environment driven by challenges, recognition, and rewards.
Nice office location, competitive compensation package, flexible working hours, option for working remotely are also included.
What’s In It For You :
Flexible work accommodations. Choose to work remotely, in person, or in a hybrid set-up
The opportunity to join a growing firm with a proven track record of success for over 40 years, made up of thoughtful, innovative minds that value collaboration and welcome your new ideas to the table
Mentorship and growth opportunities from senior employees
Career progression planning and a focus on career development, complete with dedicated time each month for conference attendance, online learning seminars, and networking
A robust social community dedicated to volunteerism, intramural sports, and team-building events
Business resource groups that align with our , designed to cultivate an inclusive environment for all
Learn more about our benefits .
Healthcare Coding & Compliance Associate Director
The Associate Director for our healthcare analytics practice requires a highly motivated problem solver with strong analytical ability, solid organizational skills, and a desire to advance within the organization. Position at Berkeley Research Group, LLC. Berkeley Research Group, LLC (BRG) is a glob...
Associate Director - Quantitative Research
Quantitative Research Associate Director . The opportunity to develop your career in smart, digital research on large global accounts within an entrepreneurial, can-do team environment where everyone is empowered to be all that they can be. Enthusiasm for delivering great research, ambition to...
Associate Director - Government Finance Research Center (GFRC) (Job ID #167729)
Description: This position is responsible for designing, conducting and managing research in the Government Finance Research Center’s (GFRC) priority areas; initiating and supervising new scholarly & research projects; strategic planning and development of new research programs. Associate Direct...
Associate Director of Research Operations and Technology Transfer
Research and lab administration: co-leads project team with ED in the implementation of research and programming; troubleshoots issues with project teams; advises on data collection strategy; supports research design; provides guidance on research implementation protocols, IRB protocols, and control...
Associate Director of Research Operations and Technology Transfer
Associate Director of Research Operations and Technology Transfer page is loaded Associate Director of Research Operations and Technology Transfer Apply locations Chicago, IL time type Full time posted on Posted 3 Days Ago job requisition id JR26937. The Associate Director, Research Operations and T...
Associate Director, CSER (Center for STEM Education & Research)
Associate Director, CSER (Center for STEM Education & Research). Director, the Associate Director oversees the ongoing procedures and operations of departmental programs, establishing and setting priorities and organizational structure in conjunction with the programs partner academic institutions. ...
Associate Portfolio Manager, Fixed Income
Northern Trust Asset Management (NTAM) is seeking a Fixed Income Client Portfolio Manager (CPM) to support our Global Fixed Income Team. The CPM team is responsible for representing and advocating for our Fixed Income strategies to clients and internal partners by explaining, among other things, inv...
Associate Director of Research Operations and Technology Transfer
The Associate Director, Research Operations and Technology Transfer, will provide strategic leadership for the Center of Human Potential and Public Policy (CHPPP) and its research, housed at the Behavioral Insights and Parenting Lab (BIP Lab). Research and lab administration: co-leads project team w...
Municipal Bond - Senior Fixed Income Portfolio Manager
Municipal Bond - Senior Fixed Income Portfolio Manager. Fixed Income – Municipal Bonds. Northern Trust Asset Management | Global Fixed Income. We have intentionally organized our global fixed income professionals around core competencies as it relates to sources of risk. ...
Healthcare Compliance- Associate Director
The Associate Director for our healthcare analytics practice requires a highly motivated problem solver with strong analytical ability, solid organizational skills, and a desire to advance within the organization. ...