Intermediate Quantitative Analyst

Ameriprise Financial Services, LLC • Boston, MA

3d • $140,000 - $160,000

About The Position

The analyst will research stock selection signals, develop alpha models, and refine portfolio construction methodologies. The role also involves enhancing the team's research and analytics platforms and sharing responsibility for implementing and maintaining quantitative models in production, as well as developing new models. The analyst will collaborate with fundamental research analysts and portfolio managers across the organization to exchange ideas, communicate insights, and broaden their expertise across various investment strategies.

Requirements

• Bachelor’s degree in Mathematics, Statistics, Finance, Economics, or a related field.
• Minimum 3 years of experience in quantitative investment research.
• Deep understanding of statistical modeling, econometric analysis, and machine learning, with demonstrated ability to apply these techniques to investment problems.
• Advanced analytical and quantitative problem-solving skills.
• Strong programming proficiency in Python, R, or similar languages.
• Excellent written and verbal communication skills, with the ability to convey technical concepts effectively.
• Demonstrated intellectual curiosity and passion for financial markets.
• Keen attention to detail and a track record of delivering accurate work within deadlines.
• Collaborative mindset with proven ability to work effectively in a team environment.

Nice To Haves

• CFA charterholder or candidate.

Responsibilities

• Contribute to research projects through idea generation, data preparation, statistical analysis, and development of actionable recommendations.
• Evaluate innovative techniques to extract tradable signals from large datasets.
• Research and develop advanced model construction methodologies.
• Enhance the team's research infrastructure, production systems, and analytics capabilities.
• Present research findings to key stakeholders and develop thought leadership content.
• Monitor and analyze factor and model performance, providing regular insights to investment teams across the firm.
• Perform due diligence on model output and address inquiries from investment teams.

Benefits

• Vacation time
• Sick time
• 401(k)
• Health insurance
• Dental insurance
• Life insurance
• Variable pay in the form of bonus, commissions, and/or long-term incentives, depending on the role

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level