State Street – Quant Analyst – Multi Asset Research State Street Corporation

The Corporate Institute; Bengaluru; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

State Street Investment Management, based in Bangalore within ISG, is seeking a Senior Research Analyst to support the quantitative aspects of the Defined Contribution business, which oversees roughly $300 billion in assets.

The role works at the interface of investment, DC strategy, and research, delivering research that improves glide path construction, asset allocation frameworks, and modelling infrastructure, while presenting results in client and internal forums.

Qualifications

• Advanced degree in Finance, Economics, Mathematics, Statistics or a related quantitative discipline.
• CFA designation is a plus.

Responsibilities

• Rationalise glide path construction methodology with a custom framework responsive to participant demographics.
• Develop asset allocation framework for ultra-long horizons with scenario analysis and uncertainty sets.
• Re-envision DC portfolio construction models (PUMA TDF) with design, validation, and maintenance.
• Support portfolio managers by translating quantitative research into clear investment narratives.
• Maintain analytical tools to support client pitches.
• Provide data mining and ad hoc analysis for strategy.

Skills

Quantitative analysis

Portfolio construction

Forecasting models

Scenario analysis

Risk analysis

Python

R

SQL

Excel

VBA

FactSet

Bloomberg

Reuters

Presentation skills

Team collaboration

Communication

Education

Advanced degree in Finance, Economics, Mathematics, Statistics or related quantitative discipline

CFA designation

Job description

About State Street Investment Management:

State Street Investment Management (formerly State Street Global Advisors) is the asset management business of State Street Corporation and one of the world’s largest institutional asset managers, with approximately $6.3+ trillion in assets under management. Founded in 1978 and headquartered in Boston, the firm is the fourth-largest asset manager globally and a pioneer in exchange-traded funds, having launched the first US-listed ETF in 1993. We serve a broad spectrum of clients – from institutional and individual investors to plan sponsors and financial advisors – through a leading global platform spanning indexing, ETFs, and active and quantitative strategies.

The Investment Solutions Group (ISG) is the investment team that develops and manages multi-asset strategies for State Street Investment Management, including strategic and tactical asset allocation, glide path design, and outcome-oriented solutions for institutional and retirement clients.

Role Overview:

This Bangalore-based position sits within ISG’s Research team and reports to the Head of Strategic Portfolio Construction. The Senior Research Analyst will support the quantitative aspects of our Defined Contribution (DC) business, which represents approximately $300 billion in assets.

The role operates at the intersection of the investment organisation: partnering with portfolio managers and DC strategists on one side, and with the broader research organisation on the other. The successful candidate will execute research projects that improve glide path construction, asset allocation frameworks and modelling infrastructure, while translating those results into materials that support client engagement. Strong written and oral communication skills are therefore critical, as is the ability to present both one’s own research and that of colleagues across internal and external forums.

Key Responsibilities:

Research:

• – Rationalise and enhance glide path construction methodology. A current priority is building a custom glide path framework that is responsive to the demographic properties of individual participant pools.
• – Continue efforts to build a robust asset allocation framework designed specifically for the ultra-long investment horizons characteristic of the target date fund (TDF) space, including strategic scenario analysis and the construction of long-term uncertainty sets.
• – Drive the effort to re-envision our DC portfolio construction and modelling suite of models (PUMA TDF), including model design, validation, maintenance and infrastructure monitoring.

Partnership with Portfolio Management:

• – Provide practical, hands‑on support to portfolio managers in articulating client pitches, translating quantitative research into clear and defensible investment narratives.

Partnership with DC Strategy:

• – Maintain the suite of analytical tools required to support client pitches.
• – Act as a quantitative resource for occasional data mining and ad hoc analysis on behalf of the strategy organisation.

Qualifications:

• – Advanced degree in Finance, Economics, Mathematics, Statistics or a related quantitative discipline.
• – 5 – 7 years of professional and/or academic experience; CFA designation a plus.
• – Experience with research and modelling in the context of multi‑asset class portfolios; exposure to defined contribution, target date or long‑horizon asset allocation research strongly preferred.
• – Demonstrated capability in quantitative analysis – forecasting models, portfolio construction, scenario and risk analysis, and simulation across a range of advanced quantitative techniques.
• – Strong quantitative modelling, analytical and programming skills (e.g., Python and/or R, SQL, Excel, VBA).
• – Familiarity with financial software and data platforms (FactSet, Bloomberg, Reuters).
• – Comfortable presenting research findings to investment and client-facing audiences, and able to represent the team’s research both internally and externally.
• – Positive attitude, strong work ethic, and the ability to execute independently while working effectively within a globally distributed team.