The Quantitative Investment Researcher (Assistant Vice President) 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. The Portfolio Management Research team is part of State Street Associates (SSA), a unique partnership between State Street and thought leaders in academic finance. In collaboration with our academic partners, we produce original research that is frequently published in academic and practitioner journals. We have a track record of helping the world’s largest institutional investors and asset managers solve complex problems, manage investment risk, and enhance portfolio performance. SSA’s headquarters are located in Harvard Square in Cambridge, MA.
In collaboration with senior team members, the Quantitative Investment Researcher will have the opportunity to work with leading academics and apply quantitative financial skills in order to contribute to new research related to portfolio construction and investment risk. Specific responsibilities 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 products (publications, indicators, tools, etc.) and customized solutions for our clients
- Engaging with clients as a subject matter expert on our related research
Qualifications
We are looking for highly motivated candidates with exceptional quantitative skills and a desire to develop and implement new research ideas in a practical setting. Requirements include:
- Master’s degree in a quantitative field such as finance, economics, mathematics, computer science, or a related discipline.
- Minimum of 2 years of experience in a quantitative research role.
- Robust knowledge of financial markets, investment analysis, portfolio theory, and statistical analysis.
- Proficiency with MS Excel and computer programming (Python, Matlab).
- Strong verbal and written communication skills and the ability to self-direct within a fast-paced team environment are critical.
Salary Range:
$175,000 - $175,000 AnnualThe range quoted above applies to the role in the location specified. If the candidate would ultimately work outside of the location above, the applicable range could differ.
Job Application Disclosure:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
State Street's Speak Up Line
State Street Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about State Street and has not been reviewed or approved by State Street.
-
Retirement Support — Retirement support is framed as a standout component, highlighted by a 401(k) match described as 100% on the first 6% of base salary. This is positioned as a meaningful offset to less competitive cash compensation for some roles.
-
Leave & Time Off Breadth — Leave and time off are portrayed as relatively robust, with references to multi-week vacation, paid holidays, sick time, and additional days tied to wellness or volunteering. This breadth is repeatedly treated as a tangible part of total rewards beyond base pay.
-
Wellbeing & Lifestyle Benefits — Wellbeing and lifestyle benefits are presented as extensive, including the BeWell program, fitness discounts, onsite or supported health resources, and financial counseling. These offerings are depicted as strengthening the overall benefits proposition even when pay satisfaction is tepid.
State Street Insights
Similar Jobs
What We Do
At State Street, we partner with institutional investors all over the world to provide comprehensive financial services, including investment management, investment research and trading, and investment servicing. Whether you are an asset manager, asset owner, alternative asset manager, insurance company, pension fund or official institution, you can rely on us to be focused on your challenges. We are committed to doing what it takes to help you perform better — now and in the future
