Full-Time

Quantitative Researcher

Posted on 8/11/2023

Arrowstreet Capital

Arrowstreet Capital

201-500 employees

Investment management for global equity strategies

No salary listed

Entry, Junior, Mid

Cambridge, MA, USA

Category
Quantitative Analysis
Quantitative Research
Quantitative Finance
Required Skills
Python
R
Financial analysis
Requirements
  • Enrolled in or graduated from an undergraduate or graduate program in finance, mathematics, economics, or a closely-related discipline emphasizing quantitative and 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
Responsibilities
  • Merging, structuring, and analyzing large amounts of data from various sources
  • Assessing the quality of historical and current data, diagnosing deficiencies, and prescribing fixes
  • Performing ad-hoc exploratory statistical analysis across multiple large complex data sets from a variety of structured and unstructured sources
  • Writing and maintaining production-quality code used directly in the investment process
  • Researching predictable patterns in asset returns, risks, trading costs and other data relevant to financial markets
  • Performing portfolio construction research using our 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

Arrowstreet Capital specializes in managing global and international equity investments for institutional clients, including pension plans and foundations. Their investment strategies include long-only, alpha extension, and long/short approaches, utilizing various financial instruments like swaps and futures. The company employs quantitative methods to analyze investment signals and develop proprietary models for returns, risks, and transaction costs. By focusing on a structured investment process, Arrowstreet aims to create diversified equity portfolios that seek to outperform specific benchmarks. They identify investment opportunities by evaluating a wide range of fundamental and market-based factors. With around $100 billion in assets under management, Arrowstreet serves over 200 clients across North America, Europe, and the Asia-Pacific region.

Company Size

201-500

Company Stage

Private

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

1999

Simplify Jobs

Simplify's Take

What believers are saying

  • Advancements in AI enhance quantitative model capabilities for market trend prediction.
  • Increased interest in ESG investing can be leveraged by integrating ESG metrics.
  • Thematic investing trends offer opportunities for specialized equity strategies.

What critics are saying

  • Indictment of former executive for trade secrets theft may impact client trust.
  • Market volatility and geopolitical tensions could affect portfolio performance.
  • Rise of passive investment strategies may increase competition and pressure on fees.

What makes Arrowstreet Capital unique

  • Utilizes quantitative methods for investment signals in proprietary models.
  • Manages $100 billion for over 200 global clients.
  • Offers diverse equity strategies including long-only, alpha extension, and long/short.

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Benefits

Hybrid Work Options

Company News

News Breakers Online
Nov 4th, 2024
US Charges Chinese Hedge Fund Executive With Trade Secrets Theft

A top executive at a China-based hedge fund has been indicted in the United States and charged with stealing trade secrets from his former Boston-based employer, quantitative investment firm Arrowstreet Capital.

Defense World
Apr 15th, 2024
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Arrowstreet Capital Limited Partnership purchased a new stake in Alkermes in the 1st quarter worth approximately $56,494,000.

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Arrowstreet Capital Limited Partnership acquired a new stake in Consumer Portfolio Services during the first quarter valued at approximately $115,000.

MarketBeat
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Finally, Fullerton Fund Management Co Ltd. purchased a new stake in Crocs in the fourth quarter worth about $46,029,000.

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