Morgan Stanley-posted 8 months ago
$70,000 - $150,000/Yr
Full-time • Mid Level
Hybrid • Minneapolis, MN
Securities, Commodity Contracts, and Other Financial Investments and Related Activities

We are looking for a quantitative investment professional with excellent coding skills who loves turning research into systematic, rules-based equity portfolios. Successful applicants will be intellectually curious, self-driven, and enjoy solving open-ended problems and operating in a lively, client-facing environment. The mission of the Associate Investment Engineer is to support the Investment Strategy department's investment management, thought leadership and client service work while developing their subject matter expertise. This work includes helping to maintain and enhance Parametric's proprietary investment strategies, monitoring risk and performance, contributing to new product development, and conducting research and analysis that can be turned into external content and used to educate and inform clients. The role works closely with individuals across the department as well as with other departments within the firm.

  • Work with senior team members to answer complex investment questions
  • Contribute to development of proprietary investment strategies and client-directed mandates, and maintain related documentation
  • Prepare ad hoc analysis such as performance attributions, risk decompositions and back-tests with limited oversight
  • Contribute to maintenance and enhancement of proprietary investment strategies and client-directed mandates, and work across the firm to keep all stakeholders aligned
  • Contribute research for internal briefs, white papers, and journal articles to help firm demonstrate thought leadership in investment areas of focus
  • Support direct sales and client service activities by providing research and analysis
  • Generate data and analytics used in Investment Committee meetings and Marketing content
  • Utilize and contribute to internal Python and R libraries that support our business activities
  • Uphold department reputation through professionalism, accuracy, and responsiveness
  • Participate in process improvement and technology development efforts
  • Develop and maintain a specialized knowledge of all relevant Parametric products
  • Assume other responsibilities as required
  • Bachelors degree, preferably in a quantitative or financial discipline required
  • 4+ years investment industry experience
  • Demonstrated ability to effectively communicate complex quantitative and investment concepts
  • Working knowledge of probability and statistics, matrix algebra and mean variance optimization
  • Experience with equities and equity factor models
  • Experience with Factset, Bloomberg, or Refinitiv / Eikon
  • Advanced knowledge of Excel, preferably including VBA
  • Masters degree or CFA preferred, and may be considered in lieu of equivalent experience
  • Experience with performance attribution and risk decomposition preferred
  • Programming experience in Python or R preferred, preferably both
  • Experience with Github or similar source code management tools preferred
  • Experience writing SQL queries preferred
  • Medical, Prescription Drug, Dental, Vision
  • Health Savings Account
  • Dependent Day Care Savings Account
  • Life Insurance
  • Disability and Other Insurance Plans
  • Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually)
  • 10 Paid Holidays
  • 401(k)
  • Short/Long Term Disability
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