Quantitative Investment Research Co-op (Equities)

00036 Columbia Mgmt Invst Adv LLC; Boston (MA); Hybrid; USD 44,000 - 55,000; Full time

Benefits offered by this job

Vacation time

Sick time

401(k)

Health insurance

Dental insurance

Life insurance

Job summary

Columbia Threadneedle Investments is seeking a Quantitative Equity Research Co-op to support systematic equity strategies. You will work with researchers and portfolio managers, applying quantitative analysis and technology to develop stock signals and assist with portfolio implementation.

The six-month program offers hands-on experience across the investment process on a team of seven professionals. The role requires pursuing a bachelor’s degree in a quantitative field and a graduation date of

Qualifications

• Pursuing a bachelor’s degree in Statistics, Applied Mathematics, Quantitative, finance, Economics, Computer Science, Business, or related field.
• Graduation date of December 2027 or May/June 2028.
• Passionate about the investment management industry and dedication to being part of a successful team.

Responsibilities

• Monitor and analyze factor and model performance and contribute to regular performance reporting.
• Present research findings to team members and key stakeholders.
• Collaborate with investment teams, data science, and technology partners to support research initiatives.
• Work independently on impactful research and development projects.
• Pre-process large data sets for signal processing and model estimation, including validation, cleaning, normalization, dimension reduction and visualization.
• Apply techniques such as machine learning and generative AI to uncover differentiated investment signals.
• Contribute to development of advanced investment analytics.
• Work with portfolio managers to analyze market dynamics and their impact on factor behavior and performance.

Skills

R/Python/SQL

Attention to detail

Communication skills

Self-motivation

Education

Bachelor's degree in Statistics/Applied Mathematics/Quantitative Finance/Economics/CS

Job description

About Our Company

Working at Columbia Threadneedle Investments you'll find growth and career opportunities across all of our businesses. We're intentionally built to help you succeed. Our reach is expansive with a Columbia Threadneedle Investments global team of 2,300 people working together. Our capability is diverse with more than 550 investment professionals sharing global perspectives across all major asset classes and markets. Our clients have access to a broad array of investment strategies, and we have the capability to create bespoke solutions matched to clients' specific requirements. Our unwavering focus on our clients and strong financial foundation connects each of our enterprise businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities.

At Ameriprise Financial, Columbia Threadneedle Investments, and RiverSource, we're committed to helping early-career talent grow through meaningful work and practical learning. Whether you're joining us as an Intern or Leadership Development Program participant, you'll work alongside experienced colleagues, contribute fresh perspectives, and gain exposure to the people, projects, and experiences that drive our business forward. Guided by our values of excellence in all we do and respect for individuals and our communities, participants will have opportunities to connect with Executive Leadership through our ELT Speaker Series, gaining insights from senior leaders across the business, while also making a positive impact through our annual volunteering day. This is an exciting opportunity to develop your skills, expand your network, and explore what's possible across a global financial services organization.

About the Role

As a Quantitative Equity Research Co-op, you will work with researchers and portfolio managers supporting systematic equity strategies. You will apply quantitative analysis, technology, and creativity to research investment ideas, develop stock selection signals, and support portfolio implementation. This six-month co-op provides hands-on experience across the quantitative investment process and the opportunity to contribute directly to active research initiatives on a team of seven investment professionals.

Key Responsibilities

• Monitor and analyze factor and model performance and contribute to regular performance reporting
• Present research findings to team members and key stakeholders
• Collaborate with investment teams, data science, and technology partners to support research initiatives
• Work independently on impactful research and development projects
• Pre-process large data sets for signal processing and model estimation, including validation, cleaning, normalization, dimension reduction and visualization
• Apply innovative techniques such as machine learning and generative artificial intelligence to uncover differentiated investment signals and enrich our stock selection models
• Contribute to the team’s development of advanced investment analytics
• Work with portfolio managers to analyze market dynamics and their impact on factor behavior and portfolio performance

Required Qualifications

• Pursuing a bachelor’s degree in Statistics, Applied Mathematics, Quantitative, finance, Economics, Computer Science, Business, or related field
• Graduation date of December 2027 or May/June 2028
• Passionate about the investment management industry and dedication to being a part of a successful team

Preferred Qualifications

• Proficient programming skills in R, Python, SQL, or similar
• High degree of self-motivation with strong integrity and ethics
• Attention to detail
• Excellent communication, interpersonal, and presentation skills
• Ability to multi-task, problem solve independently and think creatively
• Proven organization skills and ability to manage time effectively
• Experience with large dataset manipulation and statistical analysis

Visa Sponsorship

Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).

In-office Collaboration

We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders — clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.

Base Pay Salary

The estimated hourly rate for this role is $32.75 per hour. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role.

Benefits

• vacation time
• sick time
• 401(k)
• health insurance
• dental insurance
• life insurance

Full-time/Part-time

Full time

Exempt/Non-Exempt

Non-Exempt

Job Family Group Human Capital Line of Business AMINV US Asset Management

Columbia Threadneedle is a people business, and we recognise that our success is due to our talented people, who bring diversity of thought, complementary skills and capabilities. We are committed to fostering an inclusive and performance-based culture where everyone can belong, grow, contribute and realise their potential.

Columbia Threadneedle is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law.

We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.

Since 1894, Ameriprise Financial has helped people feel more confident about their financial future. Guided by strong values and a deep commitment to clients, we've remained a trusted leader in financial planning and advice for more than 130 years. Through our businesses, Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance & Annuities, we deliver advice, investment and protection solutions designed for long-term success. While each business brings distinct capabilities and expertise, all are united by our unwavering focus on clients and a strong financial foundation.

For you, that means the opportunity to build a meaningful career in a high-performing, collaborative culture where your expertise can grow, your contributions are valued and your work can make a real impact.

As a global financial services company with three complementary businesses, the breadth of our capabilities sets us apart. It also creates unique opportunities for employees to learn, collaborate and grow their careers: Ameriprise Financial: Financial planning, advice and wealth management. Columbia Threadneedle Investments: Global asset management serving individual, institutional and corporate clients. RiverSource Insurance & Annuities: Products and solutions designed to help clients protect and grow their wealth.

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