Full-Time

Quantitative Researcher

Portfolio Solutions, Officer

Confirmed live in the last 24 hours

State Street

State Street

10,001+ employees

Asset management and custody banking services

Fintech
Financial Services

Mid, Senior

Company Historically Provides H1B Sponsorship

London, UK

Category
Quantitative Research
Quantitative Finance
Required Skills
Python
R
Machine Learning
Requirements
  • A degree (Bachelor's, Master's, or PhD) in a highly quantitative field (STEM), such as Physics, Engineering, Computer Science, Mathematics, Financial Engineering, Statistics or Data Science, among others.
  • Expert proficiency in Python with a proven track record of solving quantitative problems; familiarity with R is desirable.
  • At least 3-5 years of experience in finance, preferably on the buyside. Exceptional candidates with strong skills may be considered even without meeting this requirement.
  • A demonstrated interest in investment management, particularly in asset allocation, optimisation, and the implementation of investment views.
  • Exceptional attention to detail and a strong commitment to excellence.
Responsibilities
  • Independently conduct portfolio research and analysis to showcase the application of ETFs and other investment funds in asset allocation contexts, leveraging advanced quantitative tools (most notably, Python, R).
  • Develop asset allocation strategies using robust statistical and econometric techniques.
  • Provide tailored performance analytics in response to client requests.
  • Maintain a strong client focus, particularly for EMEA and APAC regions, catering to a diverse range of client types, including intermediaries, asset managers, insurers.
  • Collaborate with other colleagues to prepare custom research presentations on topics such as portfolio construction and quantitative investment strategies.
  • Deliver analytics that demonstrate the effectiveness of in-house strategies.
  • Author market-leading research papers using SPDR ETFs as foundational building blocks.
  • Publish work in peer-reviewed industry journals and research papers specific to European and Asian audiences.
  • Conduct asset allocation research using statistical and machine learning methods, with a particular focus on time series techniques.
Desired Qualifications
  • Familiarity with portfolio optimization and statistical, machine learning, and deep learning techniques, including reinforcement learning, as applied to asset allocation.
  • Fluency in additional European languages (e.g., French, German, Spanish, or Italian).
  • Additional certifications such as CFA, CQF, CAIA, or FRM are advantageous. Completion of, or a commitment to complete, one of these professional qualifications is highly valued.
  • Familiarity with database languages such as SQL.

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

  • Increased ESG investing aligns with State Street's diversity and inclusion commitment.
  • Digital assets and cryptocurrencies offer growth opportunities for State Street's custody services.
  • The rise of passive investing and ETFs expands opportunities for State Street Global Advisors.

What critics are saying

  • Intensifying competition from firms like BlackRock and Vanguard may impact State Street's growth.
  • Regulatory scrutiny could increase compliance costs for State Street globally.
  • Technological advancements in fintech pose a threat to State Street's traditional banking model.

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 solutions to meet 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