Full-Time

Quantitative Research Analyst

Systematic Equity

Posted on 4/17/2025

State Street

State Street

10,001+ employees

Asset management and custody banking services

Compensation Overview

$90k - $142.5k/yr

Junior, Mid

Company Historically Provides H1B Sponsorship

Boston, MA, USA

Category
Quantitative Research
Quantitative Finance
Required Skills
Python
Data Science
R
SQL
Machine Learning
Natural Language Processing (NLP)
Requirements
  • Advanced degree (PhD/MS or equivalent) in finance, economics, or a quantitative discipline such as computer science, mathematics, statistics, physics or engineering.
  • Minimum 2 years of work experience in quantitative finance or data science. Candidates with a doctoral degree and no work experience may be considered.
  • Great analytical skills with solid knowledge in statistics.
  • Strong problem-solving capabilities with attention to details.
  • Excellent coding skills with experience in Python, SQL and/or R. Experience with distributed computing is a plus.
  • Strong working knowledge of theoretical and practical concepts in machine learning including natural language processing.
  • Experience working with a large amount of structured/unstructured data is a plus.
Responsibilities
  • Generate ideas for investment process innovation and improvements with key focus in alpha generation and portfolio construction.
  • Execute research projects including interpreting, presenting and implementing results.
  • Contribute to maintaining and improving our state-of-the-art computing platform for research and production models.
  • Explore and evaluate alternative data sources and advanced machine learning techniques to solve investment problems better.
Desired Qualifications
  • Deep knowledge of quantitative equity investment is strongly preferred but not required.

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 Size

10,001+

Company Stage

IPO

Headquarters

Boston, Massachusetts

Founded

1792

Simplify Jobs

Simplify's Take

What believers are saying

  • State Street's acquisition of Mizuho's custody businesses enhances its market position.
  • The rise of digital assets presents opportunities for expanding custody services.
  • Increased demand for ESG investing aligns with State Street's diversity commitment.

What critics are saying

  • Competition from fintechs could erode State Street's asset management market share.
  • Reliance on proprietary investments exposes State Street to market volatility.
  • Global operations make State Street vulnerable to geopolitical tensions.

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 leverages a global network to offer tailored financial solutions.

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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 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).

Defense World
Mar 13th, 2025
Proficio Capital Partners LLC Makes New Investment in State Street Co. (NYSE:STT)

Proficio Capital Partners LLC makes new investment in State Street Co. (NYSE:STT).