Quantitative Engineer

Northern Trust; Maharashtra; On-site; INR 600,000 - 800,000; Full time

Benefits offered by this job

Flexible work culture

Career development opportunities

Community engagement initiatives

Job summary

A leading financial institution in Maharashtra is seeking a professional to enhance its quantitative strategies team. The successful candidate will develop analytical systems and translate quantitative research into actionable insights. The role requires strong proficiency in Python and related analytics tools, with a focus on investment strategies and collaboration with cross-functional teams. An inclusive workplace that values flexibility and community engagement, with numerous career development opportunities and a commitment to service excellence.

Qualifications

• Experience in quantitative analytics, data engineering, or financial modeling.
• Proficiency in Python and related analytical tools.
• Understanding of asset classes and portfolio theory.

Responsibilities

• Develop analytical systems and tools for investment insights.
• Translate quantitative research into actionable strategies.
• Enhance technology infrastructure for better scalability.

Skills

Platform development

Data Analytics

Investment Strategies

Communication skills

Collaboration

Programming (Python)

Education

Bachelor’s degree in Quantitative field

Tools

Databricks

PySpark

Azure

SQL

Streamlit

Job description

About Northern Trust

Northern Trust, a Fortune 500 company, is a globally recognized, award‑winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Summary

The Quantitative Strategies team is looking to augment its research and analytical capabilities and to hire a partner who can create scalable and cutting‑edge analytics and data‑science solutions. The ideal candidate will bring strong technical expertise and demonstrate sound financial business acumen to align analytical tools with investment objectives, client needs, and strategic business outcomes. This role will help drive the growth of the quantitative strategies business by delivering insights that support decision‑making across investment, product, and client‑facing teams.

Major Responsibilities

• Collaborate with the Quantitative Strategies team to develop and support analytical systems and tools that serve research, portfolio management, strategies, marketing, and index services.
• Apply financial business acumen to translate quantitative research and portfolio analytics into actionable investment insights and business strategies.
• Leverage understanding of investment workflows to design tools that support alpha generation, risk management, and portfolio optimization.
• Enhance the existing technology infrastructure to make it more robust and scalable.
• Identify innovative solutions to complex problems and advocate for their implementation by communicating ideas clearly and concisely.
• Partner with cross‑functional teams to understand business priorities and ensure analytics solutions are aligned with organizational goals.
• Work within established guidelines and policies.
• Engage with internal stakeholders to gather business requirements and provide timely updates on progress.

Knowledge/Skills

• Experience in platform development and analytics, preferably in financial services.
• Understanding of Data Analytics, APIs, and Cloud Infrastructure.
• Solid grasp of Asset Classes, Investment Strategies, Portfolio Construction, and Analytical Tools.
• Strong written and verbal communication skills.
• Demonstrated ability to connect technical solutions with business outcomes in the context of quantitative investing.
• Ability to build relationships and collaborate with portfolio managers, research, investment, sales and servicing, sustainable investing, and product teams.
• Familiarity with performance attribution, factor modeling, and risk analytics frameworks.
• Knowledge of object‑oriented programming (Python or equivalent preferred).

Experience Required

• 0–4 years of experience in quantitative analytics, data engineering, or financial modeling.
• Proficiency in Python and experience with tools such as Databricks, PySpark, Azure, SQL or Streamlit.
• Solid understanding of asset classes, portfolio theory, and investment strategies.
• Strong business acumen with the ability to align analytics with investment goals and client needs.
• Excellent problem‑solving and communication skills.
• Bachelor’s degree in a quantitative field (e.g., Engineering, Mathematics, Finance); CFA or progress toward CFA is a plus.

Working With Us

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose. We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [e-mail]. We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people. Apply today and talk to us about your flexible working requirements and together we can achieve greater.

About Our Pune Office

The Northern Trust Pune office, established in 2016, is now home to over 3,000 employees. The office handles various functions, including Operations for Asset Servicing and Wealth Management, as well as delivering critical technology solutions that support business operations across the globe. Our Pune team takes our commitment to service to heart. In 2024, they volunteered more than 10,000+ hours into the communities where they live and work. Learn more.