Vestmark has been supporting clients’ direct indexing solutions for more than a decade. As we embark on our next stage of growth and evolution, Vestmark Advisory Solutions seeks a Quantitative Analyst to work as a member of the Quantitative Portfolio Management team to implement personalized direct indexing strategies, assist Portfolio Managers in the day-to-day management of portfolios, and support analytical and operational needs of the investment management team. The role is hybrid and based out of Wakefield, MA.
Responsibilities:
- Work closely with and support the Portfolio Management team on the day-to-day investment management operations
- Perform optimization testing and scenario analysis using optimization tools such as Northfield / MARS
- Conduct ad hoc investment research by writing code in SQL and Python
- Monitor index changes, corporate actions and other investment and client related data
- Collaborate and communicate with trading and operations team to implement effective trading strategies
- Work closely with sales consultants in reviewing tax transition optimizations, mitigate issues raised, respond to client requests
- Partner with product management and technology teams to develop, automate and enhance systems and processes to improve portfolio management efficiency
- Contribute to the growth and development of our core values: We Before Me, Positive Energy, Knowledge Explorer, and Own It
Qualifications:
- Master’s degree in financial or quantitative discipline, CFA preferred
- 2-5 years of investment management experience
- Knowledge of quantitative investing and portfolio management concepts including risk modeling, optimization (Northfield Open Optimizer), portfolio construction, index methodology
- Experience in programming languages such as Python, R, SQL, advanced Excel
- Ability to communicate effectively both written and verbally
- Ability to meet tight deadlines and work under pressure with high attention to detail
- Team player working with highly collaborative and cross-functional teams
Vestmark is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Vestmark prohibits employment discrimination on the basis of race, color, religion, gender identity, sex, sexual orientation, pregnancy, national origin, age, disability status, protected military or veteran status, and genetic information. #LI-TG1 #LI-Hybrid
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What We Do
Headquartered outside of Boston, Mass. and founded in 2001, Vestmark is a leading provider of portfolio management/trading solutions and outsourced services for financial institutions and their advisors, enabling them to efficiently manage and trade customized client portfolios through an innovative SaaS platform. Supporting over $1.5 trillion in assets and more than 5 million accounts, Vestmark is a partner to some of the largest and most respected wealth management firms.
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Our employees are the reason we've been named Best Places to Work by Boston Business Journal FIVE years in a row! Our thriving hybrid work culture promotes individual growth, team collaboration, and employee wellness. This environment keeps client satisfaction high and employee turn-over low.
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Employees engage in a combination of remote and on-site work.
We have a mix of fully remote, hybrid, and in-office employees. We established Tuesdays & Thursdays as collaboration days for hybrid employees.
