Quant Engineer

Posted Yesterday
Be an Early Applicant
Irvine, CA
148K-237K Annually
Senior level
Fintech • Financial Services
The Role
As a Quant Engineer, you will collaborate with quantitative researchers to create and maintain complex quantitative models for investment management. Responsibilities include modeling problems, validating models through experimentation, and utilizing statistical and algorithmic methods to uncover insights for portfolio optimization.
Summary Generated by Built In

Job Posting Description

The Capital Group is looking for qualifying candidates to join our firm. Alongside quantitative researchers in the Investment Group, you will be working on engineering financial quantitative models and portfolio construction optimization strategies that are used for various investment management activities We value integrity, client focus, diverse perspectives, long term, and community. If you share these values, we would like to meet you! 

“I can succeed as a Quant Engineer at Capital Group.” 

The Quant Engineer based in downtown Los Angeles or Irvine, CA partners with quantitative researchers and technology teams to design, engineer, build, test, and maintain complex quantitative models that are used for various investment management activities. Strong engineering and quantitative skills, ability to translate complex quantitative models into working software, robust experimental approach to validate the models, ability to quickly understand capital markets (equity and fixed income), modern portfolio theory, various market data sources, industry standard portfolio risk models, learn new technologies and business areas are essential. You will also be responsible for modeling complex problems, discovering insights, and identifying opportunities using statistics, algorithms, and data mining. 

 

“I am the person Capital Group is looking for.” 

  • Advanced Degree preferred in Computer Science, Mathematics, or related fields. 

  • At least 3-5 years of experience in an analyst or development role working with quantitative researchers or data scientists to experiment, design, build and test quantitative models and help transform them into technology solutions. 

  • Analytical and problem-solving skills. 

  • Experience in quantitative tools like R, Python, MATLAB, etc. 

  • Ability to translate business objectives into quantitative models, establish hypothesis and design robust experimental approaches to validate them. 

  • Excellent communication skills, both verbal and written. 

  • Data analysis skills using tools like SQL is a plus 

  • Experience with cloud technologies is a plus. 

  • Experience with AI and ML technologies is a plus.

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Southern California Base Salary Range: $148,045-$236,872

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In addition to a highly competitive base salary, per plan guidelines, restrictions and vesting requirements, you also will be eligible for an individual annual performance bonus, plus Capital’s annual profitability bonus plus a retirement plan where Capital contributes 15% of your eligible earnings.

You can learn more about our compensation and benefits here.

* Temporary positions in Canada and the United States are excluded from the above mentioned compensation and benefit plans.


We are an equal opportunity employer, which means we comply with all federal, state and local laws that prohibit discrimination when making all decisions about employment. As equal opportunity employers, our policies prohibit unlawful discrimination on the basis of race, religion, color, national origin, ancestry, sex (including gender and gender identity), pregnancy, childbirth and related medical conditions, age, physical or mental disability, medical condition, genetic information, marital status, sexual orientation, citizenship status, AIDS/HIV status, political activities or affiliations, military or veteran status, status as a victim of domestic violence, assault or stalking or any other characteristic protected by federal, state or local law.

Top Skills

Matlab
Python
R
The Company
HQ: Los Angeles,, CA
8,820 Employees
On-site Workplace
Year Founded: 1931

What We Do

Since 1931, Capital Group, home of American Funds®, has been singularly focused on delivering superior results for long-term investors using high-conviction portfolios, rigorous research and individual accountability. As of December 31, 2021, Capital Group manages more than $2 trillion in equity and fixed income assets for millions of individual and institutional investors.

Capital Group is a private firm that employs more than 8,000 associates and has offices in Europe, Asia, Australia and the Americas. For more than 90 years, our goal has remained the same: to improve people’s lives through successful investing.

*** We’ve been made aware of an employment scam fraudulently using Capital Group’s name. Please note: Capital Group currently does not offer 100% remote work positions. On average, the interview process can take one to three months to go from resume submission to offer. Financial transactions are never part of the job onboarding process. For your own cyber safety and security, if you suspect fraud, please do not respond to or interact with messages claiming to be from Capital Group. You can also contact [email protected] to verify a job opportunity. ***

For important legal information please click the company details website link: https://www.capitalgroup.com/us/landing-pages/linkedin-terms-of-use.html

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