Quantitative Investment Researcher (Assistant Vice President)

State Street • Cambridge, MA

9d

About The Position

The Quantitative Investment Researcher will be a member of the Portfolio Management Research team at State Street Associates, an investment research division of State Street Markets. The role advances research and product development through thought leadership, analytical tools, and market indicators. State Street Associates partners with academic finance leaders to produce original research and serves institutional investors and asset managers in addressing complex investment problems, managing risk, and enhancing portfolio performance.

In collaboration with senior team members and leading academics, the researcher will contribute quantitative financial expertise to new research on advanced prediction techniques and investment strategy. The work includes developing research focused on transparent AI, machine learning, and other non-linear techniques, as well as portfolio optimization, dynamic asset allocation, and risk management. The researcher will co-author white papers and journal articles, translate research into publications, indicators, tools, and customized client solutions, and engage with clients as a subject matter expert.

Requirements

• Master’s degree in a quantitative field such as finance, economics, mathematics, computer science, or a related discipline.
• At least 2 years of experience in a quantitative research role.
• Robust knowledge of financial markets, investment analysis, portfolio theory, and statistical analysis.
• Proficiency with Python, SQL, and Microsoft products, including Excel and PowerPoint.
• Strong verbal and written communication skills.
• Ability to self-direct within a fast-paced team environment.

Responsibilities

• Support research in advanced prediction, including AI, machine learning, and other non-linear techniques with a focus on transparency.
• Support research in investment strategy, including portfolio optimization, dynamic asset allocation, and risk management.
• Co-author white papers and journal articles with colleagues.
• Translate academic research into products such as publications, indicators, and tools, as well as customized client solutions.
• Engage with clients as a subject matter expert on related research.

Benefits

• Retirement savings plan (401K) with company match.
• Insurance coverage including basic life, medical, dental, vision, long-term disability, and optional additional coverages.
• Paid time off, including vacation, sick leave, short-term disability, and family care responsibilities.
• Access to the Employee Assistance Program.
• Incentive compensation, including eligibility for annual performance-based awards, excluding certain sales roles subject to sales incentive plans.
• Eligibility for certain tax-advantaged savings plans.
• Inclusive development opportunities.
• Flexible work-life support.
• Paid volunteer days.
• Employee networks.

What This Job Offers

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