Senior Associate, Quantitative Researcher

HarbourVest Partners • Boston, MA

4d • $180,000 - $210,000 • Hybrid

About The Position

As a member of HarbourVest’s Quantitative Investment Sciences (QIS) team, the Senior Associate, Quantitative Researcher works with experienced researchers to develop and conduct quantitative modeling and analysis of investment opportunities. The role supports investment strategy teams with active investment diligence, pipeline monitoring, portfolio construction, and quantitative insights for client engagements and fundraising. Projects use large proprietary private-market datasets and statistical models to enhance a historically fundamental research-based investment process.

The position focuses on quantitative and statistical analysis of private markets and investment opportunities, with additional responsibility for responding to ad-hoc analysis requests from client-facing teams. The researcher helps evaluate private equity co-investment opportunities, communicates actionable findings to investment teams, supports integration of QIS models with deal teams’ fundamental analysis, and explores new AI/ML methods for investment research.

This is a hybrid position. Employees may use 18 remote workdays per quarter at their discretion, subject to manager approval. The role involves uneven workloads and high-priority project work. The listed U.S. base salary range is $180,000–$210,000, with eligibility for a discretionary annual bonus and a comprehensive total rewards package that may include retirement contributions, health insurance, income protection, paid time off and leave benefits, and well-being programs.

Requirements

• Bachelor of Arts or Bachelor of Science degree required.
• Experience in quantitative equity required.
• Five to seven or more years of relevant experience in quantitative research, quantitative investing, systematic investing, or related quantitative finance roles.
• Demonstrated rigorous statistical analysis and experience analyzing large datasets.
• Strong programming skills; Python is preferred, including numerical, statistical modeling, and visualization libraries, and SQL.
• Passion for financial markets and investing, quantitative research with complex datasets, and demonstrated intellectual curiosity.
• Innovative and entrepreneurial attitude, with comfort taking initiative.
• Ability to clearly and effectively communicate quantitative insights.
• Ability to work in a collegial, collaborative, team-oriented environment.
• Results-oriented and detail-oriented approach.
• Willingness to work with uneven workloads and high-priority project work.

Nice To Haves

• Prior experience with bottoms-up financial modeling.
• Master’s degree or Ph.D. in a technical field.
• Prior independent research experience, such as an academic thesis or industry research.
• Prior private-markets experience is not required.

Responsibilities

• Conduct quantitative and statistical analysis of private markets and investment opportunities.
• Analyze proprietary private-markets datasets and models to characterize market risk/return relationships and evaluate private equity co-investment opportunities for investment selection and due diligence.
• Explore and visualize data to test investment-team hypotheses.
• Communicate analysis results and actionable insights to investment teams.
• Support and drive adoption and integration of QIS models with fundamental analysis conducted by deal teams.
• Seek to apply new models and techniques, including AI/ML, to advance quantitative methods in the investment process.
• Support client-facing teams with ad-hoc quantitative analysis and responses to client requests.

Benefits

• Discretionary annual bonus based on individual and overall firm performance.
• Potential participation in long-term reward programs, typically for more senior-level roles.
• Retirement contributions.
• Health insurance.
• Income protection.
• Paid time off and leave benefits.
• Well-being programs.

What This Job Offers

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