Quant Engineer- Assistant Vice President

iCapital • New York, NY

12d • $130,000 - $170,000 • Hybrid

About The Position

iCapital is looking to hire a Quant Engineer to join the Portfolio Analytics team. The team consists of Quantitative Researchers and Quantitative Developers to research, define, and implement models that will guide clients in portfolio construction, asset allocation, and risk management. The Quant Developers have a core mission of developing robust and scalable quantitative models to deliver portfolio risk analytics capabilities as part of the firm’s commercial technology platform for financial advisors and asset managers. This role will implement statistical, machine learning, and quantitative financial models, applied to a combination of proprietary, public, and third-party data, to deliver analytics for multi-asset portfolios including alternative assets.

Requirements

• 6+ years of professional experience in quantitative financial modeling, data science, or software development
• Strong programming skills in Python for data analysis, modeling, and software development
• Strong problem-solving and communication skills, with the ability to explain technical concepts to non-technical audiences
• Able to work in a dynamic and fast-paced environment

Nice To Haves

• Knowledge of JAVA/Scala/C++ is a plus
• Distributed Systems experience is a plus
• Experience with cloud services is a plus

Responsibilities

• Develop robust and scalable quantitative financial models and collaborate closely with quant researchers to produce proprietary risk analytics models as part of the firm’s software platform.
• Test, validate, and document quantitative methodologies to ensure accuracy, robustness, and transparency.
• Develop centralized financial calculation engines powering the firm’s commercial technology platform.
• Document and communicate quantitative methodologies and analytics to others including stakeholders and clients.
• Collaborate with other teams to ensure risk analytics are delivered through the software platform with excellent user experience.
• Collaborate regularly with other stakeholders and partners to solicit requirements, seek feedback and provide updates.

Benefits

• The base salary range for this role is $130,000 to $170,000 depending on level.
• iCapital offers a compensation package which includes salary, equity for all full-time employees, and an annual performance bonus.
• Employees also receive a comprehensive benefits package that includes an employer matched retirement plan, generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling, parental leave, and unlimited paid time off (PTO).

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed