Full-Time

Quantitative Research Analyst

Posted on 9/9/2024

State Street

State Street

10,001+ employees

Asset management and custody banking services

Fintech
Financial Services

Compensation Overview

$125k - $210kAnnually

Mid

Company Historically Provides H1B Sponsorship

Remote in USA

Telecommuting permitted pursuant to Company policy.

Category
Quantitative Research
Quantitative Finance
Required Skills
Data Analysis
Requirements
  • Master's Degree in Mathematical Finance, or a related quantitative field, or its equivalent, plus 2 years’ experience as Quantitative Analyst or any occupation providing quantitative work experience.
  • Demonstrated experience with designing and developing production code to support portfolio and risk research across all asset classes.
  • Ability to architect and scale data infrastructure to support existing and future research needs.
  • Ability to advance existing codebase and propose new solutions and improvements.
  • Demonstrated experience with designing report templates and analytics for client portfolio analyses.
  • Ability to participate in research process to test quantitative research hypotheses with a focus on practical implementation.
  • Demonstrated experience with performing back-testing of investing strategies, including sensitivity analysis and stress-testing.
  • Demonstrated experience with developing and maintaining scalable infrastructure, including research code base for model development, centralized data systems, and monitoring tools.
  • Ability to liaise with senior stakeholders for production level implementation.
Responsibilities
  • Designing and developing production code to support portfolio and risk research across all asset classes.
  • Architecting and scaling data infrastructure to support existing and future research needs.
  • Advancing existing codebase and proposing new solutions and improvements.
  • Designing report templates and analytics for client portfolio analyses.
  • Participating in research process to test quantitative research hypotheses with a focus on practical implementation.
  • Performing back-testing of investing strategies, including sensitivity analysis and stress-testing.
  • Developing and maintaining scalable infrastructure, including research code base for model development, centralized data systems, and monitoring tools.
  • Liaising with senior stakeholders for production-level implementation.

State Street Corporation operates in the financial services industry, focusing on asset management and custody banking. It provides a variety of services to institutional investors, such as mutual funds and pension funds, through its division, State Street Global Advisors, which manages investment portfolios and offers advisory services. The company serves a wide range of clients, including corporations, governments, and non-profit organizations, and utilizes its global network and expertise to deliver customized financial solutions. State Street generates revenue from management fees for overseeing client assets, transaction fees from trading, and service fees for custody and administration. Additionally, it is recognized for its commitment to leadership and diversity, promoting a culture that supports employee growth and inclusion.

Company Stage

IPO

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

1792

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for ESG investing aligns with State Street's diversity and inclusion focus.
  • Digital assets and cryptocurrencies present new growth opportunities for custody services.
  • The rise of passive investing and ETFs expands market share for State Street Global Advisors.

What critics are saying

  • Investments in volatile sectors like biotechnology may increase financial risk exposure.
  • Expansion in Asia-Pacific could pose operational and regulatory challenges for State Street.
  • Overexposure to the mining sector may lead to risks from commodity price fluctuations.

What makes State Street unique

  • State Street excels in asset management and custody banking for institutional investors.
  • The company is committed to innovation and inclusive leadership in financial services.
  • State Street Global Advisors offers tailored investment strategies for diverse client needs.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Flexible Work Hours

Remote Work Options

Professional Development Budget

Tuition Reimbursement

Paid Holidays

Employee Referral Bonus

INACTIVE