Quantitative Research Analyst

AssetMark•Concord, CA

1d•$130,000 - $150,000•Hybrid

About The Position

The Quantitative Research Analyst serves in a senior analytical role within AssetMark’s Wealth Solutions team, leading quantitative investment research and developing implementable investment strategies and analytical tools to inform investment decisions. This work includes leading research related to security selection and tactical strategies, conducting risk analysis, and applying portfolio construction techniques within a systematic process designed to support consistent and scalable investment decisions. We can consider candidates for this position who are able to accommodate a hybrid work schedule and are close to our Concord, CA or Charlotte, NC offices.

Requirements

Strong working knowledge and experience with programming languages and databases, such as Python, R, Matlab, SQL, and MongoDB
Strong understanding of financial markets, investments, and quantitative investment research
Strong analytical skills with the ability to apply quantitative methods to investment research and decision-making
Strong verbal and written communication and interpersonal skills, with the ability to collaborate effectively and build strong working relationships within the Investment Management group.
Attention to detail and thorough working practices with the ability to apply quantitative methods into investment decision-making theory to reach informed and logical decisions
Initiative and proactive approach, including the ability to recognize when and how to apply criteria guidelines, some of which are defined in very specific terms, and some of which are more general
Ability to manage multiple priorities to a timely and successful conclusion while adhering to deadlines
Ability to work independently with minimal support to investigate and resolve issues, perform analysis, and document results
Flexibility and constructive attitude toward change
Bachelor’s degree from a fully accredited 4-year college or university, preferably in financial engineering, applied mathematics, statistics, engineering, physics, finance, economics, or other quantitative fields (Master's or PhD qualification a plus)
2-5 years of professional experience in quantitative investment research, equity research, portfolio management, or related investment roles
Strong understanding of investments, portfolio construction techniques, and risk management desired
Candidates must be legally authorized to work in the US to be considered. We are unable to provide visa sponsorship for this position.

Nice To Haves

Experience with security selection or alpha model development is preferred
Experience with equity risk factor models like Barra, Northfield, or Bloomberg. Experience with multi-asset models is a plus
Experience with investment management tools like Bloomberg, FactSet, and Morningstar Direct is a plus

Responsibilities

Research and develop implementable investment strategies, including equity and fixed income security selection strategies, to deliver consistent outperformance for tactical, outcome-oriented, and strategic solutions
Work closely with Portfolio Managers to conduct fundamental and quantitative research on companies and securities, and develop alpha models and portfolio construction approaches to support investment decisions
Conduct quantitative research, backtesting, and statistical analysis to evaluate investment strategies, security selection signals, and alpha models
Conduct research and analysis of equity and fixed income securities, including evaluating relevant fundamental, quantitative, and market-based characteristics
Lead the development/selection, deployment, and maintenance of a multi-asset factor risk model for portfolio optimization, risk, and return attribution
Contribute to the development, deployment, and maintenance of models, dashboards, reports, and other collateral for the Investment Management group.
Contribute to ad-hoc quantitative projects to update and improve the investment decision-making and evaluation process