Senior Quantitative Analyst

Socket.dev; Southwestern Ontario; Hybrid; CAD 90,000 - 135,000; Full time

Benefits offered by this job

Career Growth

Total Rewards

Time Away

Flexible work options

Job summary

Equitable in Waterloo, Ontario is seeking a Senior Quantitative Analyst for the Public Investments team. You will conduct quantitative investment research, support risk analysis and portfolio analytics, and build models for asset allocation, performance forecasting and scenario analysis to guide investment decisions.

This hybrid role requires a 3–5 year track record in data-driven finance, a degree in Business/ Economics/ Math/CS, and proficiency with C#, Python and SQL.

Qualifications

• 3 to 5 years of quantitative experience with a focus on data analysis.
• Good understanding of investment selection, portfolio construction, and portfolio risk management.
• CFA program completion is an asset.

Responsibilities

• Quantitative investment research to inform investment decisions.
• Assist with risk analysis, prospective returns, and portfolio analytics.
• Develop portfolio management tools and models; support data and model management.
• Track and report portfolio risk measures relative to targets.
• Contribute to budgeting, testing, and documentation for processes.

Education

Undergraduate or Master’s degree in Business/Commerce/Economics/Mathematics/Statistics/Computer Science

Tools

C#

Python

SQL

Job description

At Equitable, we believe work should be a place where you feel supported, inspired, and empowered to grow. In our caring and collaborative environment, your curiosity is encouraged, your passion is recognized, and your contributions truly matter. Together, we create meaningful impact, for our clients, our communities, and each other.

The Opportunity

At Equitable, we believe great things happen when we work together. We’re a Canadian mutual company driven by purpose - putting people first and helping Canadians protect today and prepare for tomorrow. If you’re passionate about making a difference and growing your career in an inclusive and collaborative environment, we’d love to hear from you. Our culture is built on care, passion and curiosity. We put people above all else, strive to be our best and welcome new ideas to deliver positive outcomes.

Equitable is growing! We are looking for a Senior Quantitative Analyst to join our Public Investments team! This role will be a member of the Asset Management Group responsible for investing Equitable assets. They will be responsible for spearheading a variety of researching and analysis projects to strategically guide the effective management of the investment assets. This will include theoretical, operational, and reporting topics covering an extensive list of potential categories such as risk analysis, forecasted/relative returns, portfolio analytics, and economic modelling. This will include individual security modelling, asset class modelling, trade execution and portfolio monitoring.

Join one of the region’s top employers and be part of something that truly makes a difference.

Work Arrangements

This is a hybrid role. You will work in our office in Waterloo, ON a minimum of two (2) assigned, consecutive days every other week, plus a fifth (5th) assigned day per month. You are welcome to work from the office more than the minimum requirement and there may be some roles that are required to work in our office more than the minimum requirement.

What you’ll do

• Responsible for quantitative investment research to
• Assist with risk analysis, prospective return analysis and modelling, portfolio analytics, and related investment research and analytics.
• Assist with initial research and procedural methodology; support a timely and efficient implementation, while continually evaluating current conditions and procedures for future improvement.
• Responsible for analysis, process design, program coding, testing, implementing of scripts and processes
• Assist in development of portfolio management tools to integrate market data and portfolio positions, in order to enhance decision making with respect to portfolio positioning and security selection.
• Assist with multi-asset investment selection: macro research to determine potential trends and/or scenarios that will drive the overall investment strategy.
• Providing documentation as required by the team/business users for testing and future support.
• Contribute business and technical expertise to the development and planning process in projects
• Remain current on the rapidly changing technology as it relates to support for the investment processes and quantitative infrastructure.
• Manage assigned work to meet deadlines, balance multiple priorities as set by senior staff.
• Assist in the data and model management of our internal multi-asset investment framework.
• Track and report portfolio risk measures relative to targets.
• Perform administrative duties including resolving specific share management issues with broker etc.

What you’ll bring

• Undergraduate or Master’s degree in Business, Commerce, Economics, Mathematics, Statistics or Computer Science.
• Experience building and supporting technology solutions.
• Strong technological skills: Primary programming languagesC#; proficiency in Python, SQL also required
• 3 to 5 years of quantitative experience with a focus on data analysis.
• Good understanding of investment selection, portfolio construction, and portfolio risk management.
• Completion of CFA program an asset.

What’s in it for you

• Career Growth: Regular learning sessions and development opportunities
• Total Rewards: Incentive pay, annual salary reviews, employer-paid benefits and pension matching
• Time Away: Competitive vacation plus one paid volunteer day each year
• Flexibility: Healthy work-life balance with employee wellness always top of mind, complemented by a dress for your day approach

At Equitable, we’re committed to fair pay and an inclusive, accessible hiring experience. If you need accommodations or alternative formats at any stage, just reach out to us at [e-mail]. We’re happy to help. Your base pay will be based on your skills, qualifications, experience and education. In addition to your salary, this role is eligible for a discretionary annual incentive award tied to business performance, plus a wide range of competitive benefits. If you’re selected to move forward, our Talent Acquisition team will walk you through all the details of our total rewards program, so you know exactly what’s included.

Reports To: Public Investments Vice President

Department: Public Investments

Term: Permanent Full-Time

This position is open and we are excited to find the right person to join our team.

As part of the recruitment process, you will need to go through background screening, as per our company policy.

#LI-Hybrid