Senior Asset Allocation Strategist, Quantitative Analytics

Russell Investments•Seattle, WA

About The Position

Russell Investments is seeking a quantitatively skilled investment professional to serve as a Senior Asset Allocation Strategist, focused on designing and delivering multi-asset investment solutions. This role combines asset allocation strategy, quantitative modeling, and investment solution design. This role sits within the Asset Allocation and Investment Solutions team, which is responsible for strategic asset allocation, capital market assumptions, and the design of model portfolios used by U.S. advisors and retail investors. This is a high-impact role for someone who enjoys applying rigorous quantitative analysis to real-world portfolio design and wants to influence both asset allocation strategy and how investment solutions are built and delivered at scale.

Requirements

4-6 years of experience in a capital markets or investment-related role
Master’s degree in finance, economics, or a quantitative discipline (e.g., mathematics, statistics, operations research)
Proficiency in quantitative analysis using object-oriented programming languages (e.g., Python, C++, or C#)
Understanding of object-oriented programming and model development
Familiarity with optimization techniques and Monte Carlo approaches to asset allocation
Solid foundation in capital markets and portfolio theory
Ability to analyze complex problems and develop practical, implementable solutions
Ability to manage multiple projects and priorities effectively

Nice To Haves

CFA , and/ or Ph.D. in finance, economics, or a quantitative discipline (e.g., mathematics, statistics, operations research)
Experience in investment solution design, particularly in retirement, accumulation, or tax-managed investing
Familiarity with portfolio construction, factor modeling, risk and return attribution, asset return forecasting, and lifecycle finance
Exposure to actuarial concepts and retirement modeling frameworks
Strong communication skills, including the ability to present technical concepts to diverse audiences
Effective writing skills for research and thought leadership

Responsibilities

Design and develop multi-asset investment solutions, primarily focused in the U.S. Wealth channel
Build and enhance models supporting asset allocation decisions, including multi-period portfolio construction
Apply techniques such as Monte Carlo simulation and optimization to evaluate investment strategies
Translate single-asset class insights into integrated portfolio solutions
Contribute to the design and development of portfolio construction methodologies and tools
Partner with technology teams to implement scalable modeling frameworks and advisor-facing tools
Support coding and modeling efforts for client solutions and proposals
Conduct research on topics such as tax-efficient investing, asset location, retirement income, and withdrawal strategies
Contribute to written insights that support Russell Investments’ market perspective
Participate selectively in client and industry engagements to share research and insights
Contribute to strategic asset allocation positioning for multi-asset portfolios, including development of capital market insights and portfolio positioning
Perform analysis to inform investment implementation decisions