Job Overview
We are looking for Quantitative Researchers to join our Research group. We are a collaborative, data-driven, intellectually rigorous team responsible for coming up with investment ideas, codifying those ideas into signals, back-testing the signals, and producing return, risk and trading cost forecasts based on the signals to drive trading decisions. We maintain a friendly, team-oriented environment and place a high value on professionalism, attitude and initiative.
As a Quantitative Researcher, you will work on high-impact projects that improve the specification and/or implementation of our investment models as well as research projects that improve portfolio construction decisions in our fully integrated, unified systematic investment process.
Responsibilities
Your responsibilities are expected to grow in line with your experience and abilities. Depending on your competitive advantages, typical responsibilities may include:
- Performing ad-hoc exploratory statistical analysis across multiple large complex data sets from a variety of structured and unstructured sources
- Researching predictable patterns in asset returns, risks, trading costs and other data relevant to financial markets
- Writing and maintaining production-quality code used directly in the investment process
- Assessing the quality of historical and current data, diagnosing deficiencies, and prescribing fixes
- Performing portfolio construction research using our proprietary simulation capability
- Working with software engineers to design feeds for new data sources from third-party vendors
- Participating in data architecture decision-making to support the Research data platform
Qualifications
- Enrolled in or graduated from an undergraduate or graduate program in finance, mathematics, economics, or a closely-related discipline emphasizing quantitative or financial analysis.
- Demonstrated professional or academic success (recent graduates are encouraged to apply)
- Strong analytical, quantitative, and problem solving skills
- Understanding of probability, statistics, linear regression, time-series analysis, linear algebra, calculus, optimization and portfolio theory
- Knowledge of the application of statistics to economics (including econometrics or regression analysis)
- Experience with a statistical computing environment such as Python, Stata, R, or MATLAB
- Experience analyzing large data sets
- Understanding of finance (including equities and derivatives)
- Passion for financial markets
- Excellent communication skills, including data visualization
- High energy and strong work ethic
In addition, the following are a plus:
- Good understanding of the academic field of empirical asset pricing
- Familiarity with financial data products
- Experience with stock market data sets
Arrowstreet Capital is a Boston-based systematic investment firm that manages global equity portfolios for institutional investors around the world.
Arrowstreet Capital is an equal opportunity employment firm that values diversity and inclusion. All qualified applicants will receive consideration for employment without regard to sex, race, color, religion, national origin, ancestry, gender identity, genetic information, age, sexual orientation, pregnancy, medical condition, disability, veteran or military status, marital status or any other characteristic protected by federal, state, or local law. For more information, please refer to the Know Your Rights poster, as well as the following Pay Transparency statement.
Arrowstreet Capital is committed to working with and providing reasonable accommodations for qualified individuals with disabilities and disabled veterans. If you need a reasonable accommodation for any part of the employment process due to a disability, contact us to discuss the nature of your request and contact information.
Top Skills
What We Do
Arrowstreet Capital is a Boston-based investment manager that provides global and international equity investment strategies and fund products to institutional investors such as pension plans, endowments, foundations, and registered/unregistered commingled investment funds.
We offer a select range of global equity investment strategies managed as long-only, alpha extension and long/short utilizing a broad range of instruments, including swaps and futures. Our investment process utilizes quantitative methods that focus on identifying and incorporating investment signals into our proprietary return, risk and transaction cost models. Our investment approach involves creating and investing in diversified equity portfolios. We utilize a structured investment process that attempts to add value relative to a client specific benchmark. This involves identifying opportunities across companies, sectors and countries by evaluating a diverse set of fundamental and market-based predictive factors. Portfolios are constructed through the use of a mean variance optimizer and proprietary risk and transaction cost models.
Arrowstreet Capital manages approximately $100 billion for over 200 client relationships in North America, the United Kingdom, Europe and the Asia-Pacific regions.
