Quant Researcher Internship

targetjobs UK; Greater London; On-site; GBP 55,000 - 85,000; Full time

Benefits offered by this job

Two annual 'Mankind' volunteer days

Pension/401k

Private medical coverage

Job summary

Man Group, based in London, offers a Junior Quantitative Researcher path within the AHL Quant Talent Programme. You will rotate across alpha research, portfolio construction, execution research, and risk management over three six-month rotations.

The formal training starts with a comprehensive introduction and a mentor to guide your development, with strong emphasis on mathematics, computing, and financial markets.

Qualifications

• Strong mathematical, statistical, or computing skills from a reputable university.

Responsibilities

• Research, develop and implement trading strategies.
• Contribute to AHL's overall research effort by collaborating with teams across AHL.
• Follow industry/academic literature for innovations and suggest how AHL can profit from this.
• Apply quantitative techniques and market intuition to large datasets and cultivate areas of expertise.
• Contribute to the business' overall research effort by interacting with other research teams.

Skills

Python

Statistical knowledge

Financial markets literacy

Independent research

Strong communication

Team collaboration

Entrepreneurial mindset

Education

PhD in quantitative field

Masters in quantitative field

Bachelor’s in quantitative field

Tools

Python

Job description

About Man Group

Man Group is a global alternative investment management firm focused on pursuing outperformance for sophisticated clients via our Systematic, Discretionary and Solutions offerings. Powered by talent and advanced technology, our single and multi-manager investment strategies are underpinned by deep research and span public and private markets, across all major asset classes, with a significant focus on alternatives. Man Group takes a partnership approach to working with clients, establishing deep connections and creating tailored solutions to meet their investment goals and those of the millions of retirees and savers they represent.

About Man Group

Man Group is a global alternative investment management firm focused on pursuing outperformance for sophisticated clients via our Systematic, Discretionary and Solutions offerings. Powered by talent and advanced technology, our single and multi-manager investment strategies are underpinned by deep research and span public and private markets, across all major asset classes, with a significant focus on alternatives. Man Group takes a partnership approach to working with clients, establishing deep connections and creating tailored solutions to meet their investment goals and those of the millions of retirees and savers they represent.

Headquartered in London, we manage $253.6 billion and operate across multiple offices globally. Man Group plc is listed on the London Stock Exchange under the ticker EMG.LN and is a constituent of the FTSE 250 Index.

About Man AHL

Man AHL is a team of researchers, developers, and traders of systematic investment strategies. We apply scientific rigour and robust technology to diverse collections of data and hundreds of global markets. Through our innovative and collaborative culture, we aim to generate returns for our clients across a range of diversified products.

The open and collaborative nature of Man AHL makes it an ideal place to learn and develop as a Junior Quantitative Researcher. Successful candidates will have the opportunity to work on meaningful projects early on.

AHL Quant Talent Programme

The Quant Talent Programme is designed to provide exposure to all the key areas required to build a successful systematic investment strategy with the ultimate goal of creating well-rounded quantitative researchers who are able to contribute across a wide range of areas. Successful candidates will undertake three 6-month rotations across a variety of quantitative functions covering areas such as alpha research, portfolio construction, execution research, and risk management.

A formal training programme will be provided for participants at the commencement of the programme to introduce them to the key concepts and techniques used in the role. All participants will be provided with a mentor to help guide their development throughout the programme.

Who Are We Looking For?

Due to the technical nature of the role, we opt for applicants with strong mathematical, statistical, or computing skills e.g., Mathematics, Computer Science, Economics/Econometrics, Engineering, or Physics from a reputable university. We welcome education levels from Bachelor’s to PhD level.

Responsibilities

• Research, develop and implement trading strategies.
• Contribute to AHL's overall research effort by collaborating with teams across AHL.
• Follow industry/academic literature for innovations and suggest how AHL can profit from this.
• Apply quantitative techniques and market intuition to large, often novel or unconventional, datasets and cultivate areas of expertise along the way.
• Contribute to the business' overall research effort by interacting with and collaborating with other research teams.

Key Skills & Experience

• PhD, Masters or Bachelor’s Degree in a quantitative subject
• Desire to learn and understand the structure and drivers of returns in financial markets
• A demonstrable interest in algorithmic trading, financial derivatives, and markets in general
• Independent research experience
• Practical coding experience in a scripting language such as Python is preferred, though not essential
• Aware of what statistical and mathematical tools and techniques are available and able to independently decide what is appropriate to use in which circumstances
• Strong written and verbal communication skills
• Entrepreneurial team player, able to push and discuss views with the rest of the team and contribute to our wider research agenda

Application Process

• Application Window: September
• Online Tests: October
• Technical Interviews: October/November
• Assessment Centre: October/November – Please note that candidates will be required to attend the assessment centre at our London Office.

Inclusion, Work-Life Balance and Benefits at Man Group

You’ll thrive in our working environment that champions equality of opportunity. Your unique perspective will contribute to our success, joining a workplace where inclusion is fundamental and deeply embedded in our culture and values. Through our external and internal initiatives, partnerships and programmes, you’ll find opportunities to grow, develop your talents, and help foster an inclusive environment for all across our firm and industry. You’ll have opportunities to make a difference through our charitable and global initiatives, while advancing your career through professional development, and with flexible working arrangements available too. Like all our people, you’ll receive two annual 'Mankind' days of paid leave for community volunteering. Our comprehensive benefits package includes competitive holiday entitlements, pension/401k, life and long-term disability coverage, group sick pay, enhanced parental leave, and long-service leave. Depending on your location, you may also enjoy additional benefits such as private medical coverage, discounted gym membership options, and pet insurance.

Equal Employment Opportunity Policy

Man Group provides equal employment opportunities to all applicants and all employees without regard to race, color, creed, national origin, ancestry, religion, disability, sex, gender identity and expression, marital status, sexual orientation, military or veteran status, age, or any other legally protected category or status in accordance with applicable federal, state, and local laws.

Man Group is a Disability Confident Committed employer; if you require help or information on reasonable adjustments as you apply for roles with us, please contact our talent acquisition team.