Full-Time

Quantitative Research Analyst

Posted on 9/9/2024

State Street

State Street

10,001+ employees

Asset management and custody banking services

Compensation Overview

$125k - $210k/yr

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, by leveraging its global expertise to deliver customized financial solutions. State Street generates revenue through management fees for overseeing client assets, transaction fees from trading, and service fees for custody and administration. Unlike many competitors, State Street emphasizes innovation and leadership, actively promoting gender diversity and inclusion within its workforce. The company's goal is to create a supportive environment that fosters leadership and emotional authenticity, enabling all employees to succeed.

Company Size

10,001+

Company Stage

IPO

Headquarters

Boston, Massachusetts

Founded

1792

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased ESG investing aligns with State Street's focus on sustainable solutions.
  • Digital assets and cryptocurrencies present new growth opportunities for custody services.
  • AI integration enhances operational efficiency in investment management and trading.

What critics are saying

  • Competition from fintechs may erode market share in asset management.
  • Mizuho acquisition could pose integration challenges and operational risks.
  • Investments in AI firms may expose State Street to technology adoption risks.

What makes State Street unique

  • State Street excels in asset management and custody banking for institutional investors.
  • The company is committed to innovation and leadership in diversity and inclusion.
  • State Street Global Advisors offers tailored investment solutions to meet unique 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

Company News

ETF Daily News
Apr 26th, 2025
Cerity Partners LLC Invests $164,000 in Palladyne AI Corp. (NASDAQ:PDYN)

State Street Corp acquired a new stake in Palladyne AI during the third quarter worth approximately $91,000.

ETF Daily News
Apr 11th, 2025
Arrowstreet Capital Limited Partnership Purchases 34,508 Shares of Life360, Inc. (NASDAQ:LIF)

State Street Corp acquired a new stake in Life360 in the 3rd quarter valued at $2,393,000.

ETF Daily News
Mar 19th, 2025
Monogram Orthopaedics (NASDAQ:MGRM) Given New $5.40 Price Target at Roth Mkm

Finally, State Street Corp purchased a new stake in Monogram Orthopaedics in the third quarter worth $62,000.

Finance Director Europe
Mar 18th, 2025
Nammu21 announces strategic investments from Nasdaq Ventures, State Street, and UBS

With fully automated technology, Nammu21 streamlines loan operations, improves productivity by eliminating the inefficiencies of manual inputs across legacy operating systems

MarketBeat
Mar 15th, 2025
Raymond James Financial Inc. Invests $44.07 Million in State Street Co. (NYSE:STT)

Raymond James Financial Inc. invests $44.07 million in State Street Co. (NYSE:STT).

INACTIVE