Quantitative Systematic Risk Associate

Posted Yesterday
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New York, NY, USA
Hybrid
165K-275K Annually
Junior
Fintech • Software • Financial Services
The Role
Monitor systematic trading strategies, identify portfolio and investor risks, and escalate issues to trading, portfolio management, engineering, and modeling teams. Develop automated alerts, reporting, and quantitative analysis tools; investigate root causes; analyze strategy behavior and risk; document and improve operational risk processes; and collaborate on initiatives across diverse partner teams.
Summary Generated by Built In
Position Summary
Two Sigma is a leading quantitative investment management and trading firm. The company applies a scientific approach to investing, combining cutting-edge technology, artificial intelligence, data science, and quantitative research with rigorous human inquiry to capitalize on market opportunities and deliver alpha for investors.
Our team of engineers, quantitative researchers and data scientists looks beyond the traditional to test hypotheses and develop creative solutions to some of the world's most complex economic problems.
We are looking for a strong problem solver with solid math and technical skills and a self-starter attitude to join Risk Management. In this high-tempo role, you will be tasked with managing and improving an array of operational processes for our Systematic Trading Strategies, with daily opportunities to add measurable impact. Responsibilities will include developing new tools and automation, performing data analysis tasks, leading root-cause investigations, creating insightful reports, and writing clear and helpful documentation.
You will take on the following responsibilities:
  • Develop a deep understanding of Two Sigma's systematic modeling and trading platforms and the global markets they operate in
  • Monitor daily trading strategy behavior and proactively identify issues that may present risks to Two Sigma's investors and portfolios. A successful candidate will join the team's Risk Support Rotation which is responsible for escalating issues in real-time to Two Sigma's trading businesses, portfolio managers, and engineering and modeling partners
  • Develop and maintain alerts, tools, and automated reporting for the Risk department and its partners
  • Build tools for quantitative strategy analysis and use these tools to prepare, review, and present reporting on systematic strategy behavior and risk
  • Improve our businesses by collaborating regularly on initiatives with partners including modelers, portfolio managers, traders, and investor-facing teams and proactively analyzing data
  • Document, perform, and improve operational Risk processes, with an eye towards automation

You should possess the following qualifications:
  • Minimum 1 year of experience required; preferred 3 - 10 years of experience in an analytical role
  • At a minimum, BA/BS in computer science, applied mathematics, or another technical discipline
  • Experience using programming to solve hard problems, preferably using Python
  • Strong data analysis skills, preferably in Pandas
  • Knowledge of or curiosity about Risk Management, Operational Excellence, Finance, and Markets
  • Strong Communicator, preferably with experience in documentation and process design
  • Demonstrated ability to think and work independently and with diverse partner teams, comfortable with regular context switching, managing open project scopes and open questions
  • Observant, High Attention to Detail, Gets Results

You will enjoy the following benefits:
  • Core Benefits: Fully paid medical and dental insurance premiums for employees and dependents, competitive 401k match, employer-paid life & disability insurance
  • Perks: Onsite gyms with laundry service, wellness activities, casual dress, snacks, game rooms
  • Learning: Tuition reimbursement, conference and training sponsorship
  • Time Off: Generous vacation and unlimited sick days, competitive paid caregiver leaves
  • Hybrid Work Policy: Flexible in-office days with budget for home office setup

The base pay for this role will be between $165,000 and $275,000. This role may also be eligible for other forms of compensation and benefits, such as a discretionary bonus, health, dental and other wellness plans and 401(k) contributions. Discretionary bonus can be a significant portion of total compensation. Actual compensation for successful candidates will be carefully determined based on a number of factors, including their skills, qualifications and experience.
We are proud to be an equal opportunity workplace. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity/expression, age, status as a protected veteran, status as an individual with a disability, or any other applicable legally protected characteristics.
Two Sigma is committed to providing reasonable accommodations to qualified individuals in accordance with applicable federal, state, and local laws.
If you believe you need an accommodation, please visit our website for additional information.

Skills Required

  • At least 1 year of experience in an analytical role
  • BA or BS in computer science, applied mathematics, or another technical discipline
  • Experience using programming to solve complex problems, preferably with Python
  • Strong data analysis skills, preferably using Pandas
  • Knowledge of or curiosity about risk management, operational excellence, finance, and markets
  • Strong communication skills, preferably including documentation and process design experience
  • Ability to work independently and with diverse partner teams while managing context switching and open-ended scopes
  • High attention to detail and demonstrated ability to get results
  • Three to ten years of experience in an analytical role

Two Sigma Compensation & Benefits Highlights

  • Strong & Reliable Incentives — Compensation packages for technical roles include substantial performance-based bonuses that create notable upside potential. This structure is described as a key reason total pay feels strong, particularly versus mainstream technology roles.
  • Healthcare Strength — Healthcare is described as premium-free for employees and eligible dependents, complemented by life and disability coverage. This comprehensive offering is frequently highlighted alongside positive views of the broader benefits package.
  • Parental & Family Support — Support includes financial assistance for family building, paid leave for caregivers, additional bonding time, and backup or discounted in-home childcare in some locations. These programs are presented as a meaningful part of the overall benefits.

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The Company
HQ: New York, New York
1,700 Employees
Year Founded: 2001

What We Do

Two Sigma is a leading quantitative investment management and trading firm with more than $80 billion in assets under management. The company applies a scientific approach to investing, combining cutting-edge technology, artificial intelligence, data science, and quantitative research with rigorous human inquiry to capitalize on market opportunities and deliver alpha for investors. Founded in 2001, Two Sigma employs over 1,700 curious minds at its headquarters in New York and in offices around the globe.

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Two Sigma Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: Flexible
HQNew York, New York
Central, Hong Kong
Houston, Texas
London, England
Shanghai City, Shanghai City
Tokyo, JP
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