Quantitative Researcher Job Description
Quantitative researcher
provides support to large-scale projects as required and appropriate, including but not limited to PPNR modeling, market risk & liquidity modeling, asset & liability modeling, operational risk and credit loss modeling, and capital planning.
Quantitative Researcher Duties & Responsibilities
To write an effective quantitative researcher job description, begin by listing detailed duties, responsibilities and expectations. We have included quantitative researcher job description templates that you can modify and use.
Sample responsibilities for this position include:
Analyze financial markets, industry-specific, and macroeconomic data to forecast business, industry and economic conditions and trends in order to make investment decisions
Share insights from conferences focused on statistics, machine learning, and data science
Perform research, back-test, and implement quantitative trading strategies for systematic trading with focus on facilitation and internalization
Provide performance and attribution analysis of existing strategies
The Quantitative Researcher will have broad responsibility for Alpha Generation, Portfolio Construction and Performance Attribution
Research and develop models, to support asset allocation decisions across asset classes
Work closely with the Portfolio Managers to develop and improve the models, continuing to add PM insights into the process
Lead independent research projects by generating creative ideas and rigorous quantitative analysis that includes testing the efficacy of factors, writing production codes, and developing macroeconomic forecasting models
Manipulate large sets of data and conduct macroeconomic analysis
Work on enhancements to the portfolio optimization process, and provide support for portfolio construction, performance attribution, and portfolio management activities, including ad hoc research requests from Portfolio Managers
Quantitative Researcher Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Quantitative Researcher
List any licenses or certifications required by the position: CFA, FRM
Education for Quantitative Researcher
Typically a job would require a certain level of education.
Employers hiring for the quantitative researcher job most commonly would prefer for their future employee to have a relevant degree such as Master's and Bachelor's Degree in Statistics, Computer Science, Economics, Mathematics, Physics, Engineering, Finance, Psychology, Graduate, Human-Computer Interaction
Skills for Quantitative Researcher
Desired skills for quantitative researcher include:
Statistics
Python
R
Linux
Probability theory
C++
Financial mathematics
Methodology used to collect
Analyze
Asset pricing theory and risk modeling techniques
Desired experience for quantitative researcher includes:
BS degree required with, MS or PhD preferred, in finance, economics, computer science, mathematics or other quantitative field
Strong Perl and UNIX skills a must
Knowledge of C/C preferred
Preference given to candidates w/ relevant experience in algorithmic trading, automated market making, and/or proprietary trading with an equity focus
KDB /Q experience a definite plus
Retail market making experience highly desirable
Quantitative Researcher Examples
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Quantitative Researcher Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of quantitative researcher. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for quantitative researcher
- Monitor any relevant academic and Financial Market research
- Work with execution team on trading strategies and analysis
- Work with CI partners and internal constituents to understand needs and continuously evaluate and improve our research, propose changes to keep the research fresh and meaningful
- Identify and synthesize secondary and/or demographic data that may be difficult to gather via primary research, or to complement our primary research findings
- Analyzing the current infrastructure system to identify and resolve any weaknesses that could impact the strong growth curve of the Non-US Core Equity product line
- Researching and supporting the current alpha forecasting models for the team
- Working closely with the Portfolio Managers to improve the models, continuing to add PM insights into the process
- Leading independent research projects by generating creative ideas and rigorous quantitative analysis that includes testing the efficacy of factors, writing production codes, and developing macroeconomic forecasting models
- Manipulating large sets of data and conducting macroeconomic analysis
- Analyzing financial markets, industry-specific, and macroeconomic data to forecast business, industry and economic conditions and trends in order to make investment decisions
Qualifications for quantitative researcher
- Strong academic training, graduate degree in finance, economics, or hard science
- Demonstrated ability to complete high-level, investments related research independently
- 5+ years of research experience in the quantitative investment field
- Experience working with large sets of data and conducting econometric analysis
- In-depth knowledge of macro-economic research and modeling, portfolio construction and risk management
- Experience with a wide variety of asset classes is desirable, including equity index derivatives, preferred stocks, foreign exchange convertible bonds more traditional asset classes like global equity, fixed income and real estate
2
Quantitative Researcher Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of quantitative researcher. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for quantitative researcher
- Working on enhancements to the portfolio optimization process, and providing support for portfolio construction, performance attribution, and portfolio management activities, including adhoc research requests from Portfolio Managers
- Overseeing key components of the implementation of a portfolio of systematic trading strategies including signal generation and portfolio construction
- Conducting directed analysis on incoming data feeds, market structure, portfolio performance, to validate assumptions and identify opportunities for improvement
- Collaborating with other researchers and quantitative analysts on the team to improve and expand the collection of market analytics and strategy signals
- Market specialist for the equity sector
- Use a rigorous scientific method to develop sophisticated investment models and shape our insights into how the markets will behave
- Apply quantitative techniques like machine learning to a vast array of datasets
- Create and test complex investment ideas and partner with our engineers to test your theories
- Join our reading circles to stay up to date on the latest research papers in your fields
- Attend academic seminars to learn from thought leaders from top universities
Qualifications for quantitative researcher
- Ability to integrate advanced academic research with applied industry practices in delivering superior risk adjusted investment performances
- Experience working with portfolio managers to improve the models, adding portfolio manager insights into the process
- Knowledge of financial and macroeconomic databases like Compustat, Worldscope, IBES, FactSet, Datastream, etc
- Excellent interpersonal skills, a strong teamwork orientation and a commitment to intellectual integrity that will allow the person to successfully forge relationships with the company
- Excellent statistical and data analysis skills
- Ad industry experience is a plus
3
Quantitative Researcher Job Description
Job Description Example
Our company is growing rapidly and is looking for a quantitative researcher. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for quantitative researcher
- Apply machine learning to a vast array of datasets
- Create and test complex investment ideas and partner with our engineers to test your hypotheses
- Join our reading circles to stay up to date on the latest research papers in your field
- Working closely with the Portfolio Managers to both enhance existing models and develop new systematic strategies
- Conduct quantitative alpha research, focusing on, but not limited to, both street-wide and proprietary fundamental data sets
- Responsible for data processing/cleaning, alpha idea generation, backtesting and implementation
- Interact with fundamental equity researchers and portfolio managers for investment thesis and alpha research leads
- Participation in maintenance and improvement of the research, production and trading environment
- Backtest and implement algorithms for optimal portfolio construction across options and products
- Perform risk modeling (including option Greeks)
Qualifications for quantitative researcher
- MA/MS in Computer Science, Information Science, HCI, Psychology, Social Science or a related field preferred
- Consumer intuition &
- 1-3 years experience in a data-intensive role, including communications, public policy, business, technology or finance
- Demonstrated ability to use Structure Query Languages (SQL)
- Ability to work with international teams and quickly develop an understanding for cultural differences
- At least 6+yrs of hands-on experience in a research agency or department
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Quantitative Researcher Job Description
Job Description Example
Our company is growing rapidly and is looking for a quantitative researcher. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for quantitative researcher
- Complete liquidity and transaction cost modeling
- Research and implement trading signals for global cash equities that can be traded in a systematic intermediate to long term market neutral portfolio
- Identify and collect market data required for alpha generation
- Participate in collaborative portfolio management, including signal aggregation, portfolio optimization, transaction cost management, risk targeting and risk exposure management
- Interact with other departments to ensure current and proposed ideas are implemented, monitored and executed efficiently and accurately
- Regularly present findings and ideas to management and investment committee
- Complete other projects / collaborate with other team members as requested by management
- Manage, and in many cases execute quantitative market research projects end-to-end
- Synthesize secondary, qualitative, quantitative and behavioral data to get a full picture
- Developing strategies applicable to the financial markets
Qualifications for quantitative researcher
- Experience with brand health and brand tracking, entertainment tracking, social media analysis, ad effectiveness studies and digital analytics helpful
- Must be highly-proficient in Excel and SPSS, with a ton of hands-on data processing and analysis experience including data cleaning, transforming and weighting
- Advanced analytics and/or data science experience including statistical testing, A/B testing, predictive modelling, regressions, factor analysis preferred
- Quantitative experience involving data from outside the U.S
- Experience presenting / socialising insights at all levels of an organisation (and esp
- Experience with panel data and digital behavioral data preferred
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Quantitative Researcher Job Description
Job Description Example
Our company is growing rapidly and is hiring for a quantitative researcher. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for quantitative researcher
- Applying tick-level data analysis and real-world trading experimentation to define strategy decision-making
- Development, calibration, prototyping and documentation of machine learning models
- Act as a subject matter expert for machine learning across the organization
- Development, research and implementation of mathematical optimization models
- Mathematical modelling of business processes and their translation into decision support systems
- Identify new opportunities for operations research within the organization
- Work closely with development teams to ensure accurate integration of models into firm platforms
- The primary responsibility is to generate new alpha through quantitative, event-driven signals that reflect inefficiencies in index construction rules and index events
- Work on alpha generation through stock selection, factor modeling, big data, machine learning, portfolio construction, and risk modeling and analysis
- Provide guidance to junior tem members
Qualifications for quantitative researcher
- Strong programming and database skills including Bloomberg and R, Matlab, SQL, VB, Microsoft Office
- Advanced degree in statistics, economics, behavioral/social science, or a related quantitative field preferred
- Experience coding with Python and querying languages such as SQL preferred
- A minimum of five years of research experience in the quantitative investment field
- Post-graduate degree, most probably a PhD, in Finance, Applied Economics, Math or related quantitative discipline
- The ability to understand the technical underpinnings of complex infrastructure, identify relevant issues, and continue to build out a robust system capable of dealing with the continued growth of the groups product line