ML-Driven Quantitative Researcher for Financial Markets

State Street Corporation; Cambridge (MA); Hybrid; USD 110,000 - 180,000; Full time

Benefits offered by this job

Hybrid remote work

Job summary

State Street Bank and Trust Company in Cambridge, MA seeks a Machine Learning Quantitative Research Analyst to advance research and product development in AI/ML for economics and finance. You will co-author white papers, translate research into practical tools, and build Python calculation engines for internal and client-facing use.

The role requires a Master’s in a quantitative field and 3+ years of buy-side/sell-side research experience, with strong skills in Python, MATLAB, SQL, Excel, and

Qualifications

• Master’s degree in mathematics, statistics, operations research or related quantitative field with 3 years of experience in quantitative research.
• Hands-on ability with Excel, PowerPoint, MATLAB, Python, SQL.
• Experience applying machine learning techniques to financial and economic data.
• Knowledge of simulation techniques (Monte Carlo, Bootstrap), econometric techniques, and statistical techniques (regression, PCA).
• Knowledge of Portfolio theory, mean-variance optimization, back testing, and designing investment strategies.
• Experience with asset pricing models, FX market analysis, and macro factors affecting the market.
• Strong written communication skills suitable for authoring white papers and journal articles.

Responsibilities

• Advance new research and product development in AI/ML for economics and finance.
• Co-author white papers and journal articles with colleagues.
• Translate academic research into practical applications and products (publications, indicators, tools).
• Build calculation engines in Python for internal and client-facing tools.
• Run customized analysis for clients and create written reports.
• Engage with clients as a subject matter expert on related research.

Skills

Excel proficiency

PowerPoint

MATLAB

Python

SQL

Machine learning in finance

Econometrics

Statistics

Communication

Research/writing

Education

Master's degree in mathematics, statistics, operations research or related quantitative field

Tools

MATLAB

Python

SQL

Excel

PowerPoint

Job description

State Street Bank and Trust Company in Cambridge, MA seeks a Machine Learning Quantitative Research Analyst to advance research and product development in AI/ML for economics and finance. You will co-author white papers, translate research into practical tools, and build Python calculation engines for internal and client-facing use.

The role requires a Master’s in a quantitative field and 3+ years of buy-side/sell-side research experience, with strong skills in Python, MATLAB, SQL, Excel, and