Quantitative Research Analyst

AssetMark; Charlotte (NC); Hybrid; USD 130,000 - 150,000; Full time

Benefits offered by this job

Hybrid Work Schedule

401K Match

Medical/Dental/Vision

Job summary

AssetMark’s Wealth Solutions team seeks a seasoned Quantitative Research Analyst to lead quantitative investment research and develop implementable strategies and analytical tools for informed investment decisions. Hybrid work near Charlotte, NC or Concord, CA is possible.

You will work with portfolio managers on alpha models, perform backtesting and risk analysis, and help build multi-asset risk models and dashboards for the Investment Management group.

Qualifications

• Bachelor’s degree from a fully accredited 4-year college or university, preferably in financial engineering, applied mathematics, statistics, engineering, physics, finance, economics, or other quantitative fields (Master's or PhD qualification a plus)
• 2-5 years of professional experience in quantitative investment research, equity research, portfolio management, or related investment roles
• Strong understanding of investments, portfolio construction techniques, and risk management desired
• Experience with security selection or alpha model development is preferred
• Experience with equity risk factor models like Barra, Northfield, or Bloomberg.
• Experience with multi-asset models is a plus
• Experience with investment management tools like Bloomberg, FactSet, and Morningstar Direct is a plus

Responsibilities

• Research and develop implementable investment strategies, including equity and fixed income security selection strategies, to deliver consistent outperformance for tactical, outcome-oriented, and strategic solutions
• Work closely with Portfolio Managers to conduct fundamental and quantitative research on companies and securities, and develop alpha models and portfolio construction approaches to support investment decisions
• Conduct quantitative research, backtesting, and statistical analysis to evaluate investment strategies, security selection signals, and alpha models
• Conduct research and analysis of equity and fixed income securities, including evaluating relevant fundamental, quantitative, and market-based characteristics
• Lead the development/selection, deployment, and maintenance of a multi-asset factor risk model for portfolio optimization, risk, and return attribution
• Contribute to the development, deployment, and maintenance of models, dashboards, reports, and other collateral for the Investment Management group.
• Contribute to ad-hoc quantitative projects to update and improve the investment decision-making and evaluation process
• The above description covers the most significant duties required.
• Other work assignments will be assigned as needed and will be in conformity with the general purpose above

Skills

Python

R

Matlab

SQL

MongoDB

Education

Bachelor’s degree in quantitative fields

Master's or PhD qualification a plus

Tools

Bloomberg

FactSet

Morningstar Direct

Job description

Job Description: The Job/What You’ll Do:

The Quantitative Research Analyst serves in a senior analytical role within AssetMark’s Wealth Solutions team, leading quantitative investment research and developing implementable investment strategies and analytical tools to inform investment decisions. This work includes leading research related to security selection and tactical strategies, conducting risk analysis, and applying portfolio construction techniques within a systematic process designed to support consistent and scalable investment decisions. We can consider candidates for this position who are able to accommodate a hybrid work schedule and are close to our Concord, CA or Charlotte, NC offices.

Responsibilities:

• Research and develop implementable investment strategies, including equity and fixed income security selection strategies, to deliver consistent outperformance for tactical, outcome-oriented, and strategic solutions
• Work closely with Portfolio Managers to conduct fundamental and quantitative research on companies and securities, and develop alpha models and portfolio construction approaches to support investment decisions
• Conduct quantitative research, backtesting, and statistical analysis to evaluate investment strategies, security selection signals, and alpha models
• Conduct research and analysis of equity and fixed income securities, including evaluating relevant fundamental, quantitative, and market-based characteristics
• Lead the development/selection, deployment, and maintenance of a multi-asset factor risk model for portfolio optimization, risk, and return attribution
• Contribute to the development, deployment, and maintenance of models, dashboards, reports, and other collateral for the Investment Management group.
• Contribute to ad-hoc quantitative projects to update and improve the investment decision-making and evaluation process
• The above description covers the most significant duties required.
• Other work assignments will be assigned as needed and will be in conformity with the general purpose above

Knowledge, Skills, Abilities:

• Strong working knowledge and experience with programming languages and databases, such as Python, R, Matlab, SQL, and MongoDB
• Strong understanding of financial markets, investments, and quantitative investment research
• Strong analytical skills with the ability to apply quantitative methods to investment research and decision-making
• Strong verbal and written communication and interpersonal skills, with the ability to collaborate effectively and build strong working relationships within the Investment Management group.
• Attention to detail and thorough working practices with the ability to apply quantitative methods into investment decision-making theory to reach informed and logical decisions
• Initiative and proactive approach, including the ability to recognize when and how to apply criteria guidelines, some of which are defined in very specific terms, and some of which are more general
• Ability to manage multiple priorities to a timely and successful conclusion while adhering to deadlines
• Ability to work independently with minimal support to investigate and resolve issues, perform analysis, and document results
• Flexibility and constructive attitude toward change

Education & Experience:

• Bachelor’s degree from a fully accredited 4-year college or university, preferably in financial engineering, applied mathematics, statistics, engineering, physics, finance, economics, or other quantitative fields (Master's or PhD qualification a plus)
• 2-5 years of professional experience in quantitative investment research, equity research, portfolio management, or related investment roles
• Strong understanding of investments, portfolio construction techniques, and risk management desired
• Experience with security selection or alpha model development is preferred
• Experience with equity risk factor models like Barra, Northfield, or Bloomberg.
• Experience with multi-asset models is a plus
• Experience with investment management tools like Bloomberg, FactSet, and Morningstar Direct is a plus

Compensation:

• The Base Salary range for this position is between $130,000-$150,000.
• This information reflects a base salary range that AssetMark reasonably expects to pay for the position based on a number of factors which may include job-related knowledge, skills, education, experience, and actual work location.
• This position will also be eligible for additional variable incentive compensation and competitive benefits.

Candidates must be legally authorized to work in the US to be considered. We are unable to provide visa sponsorship for this position.

As an Equal Opportunity Employer, AssetMark is committed to building a diverse and inclusive workplace where everyone feels valued. EEO Statement

Who We Are & What We Offer:

We are AssetMark, a company on the move, shaping the future of financial services. Growth is in our DNA. Every day, we combine technology, insight, and collaboration to create new possibilities for advisors, for our people and for our investors. At AssetMark your ideas matter; they’re heard, valued, and drive meaningful change. Join a team that sets new standards and creates space for you to thrive and do your best work. Our Mission Our mission is simple: to help our 10,500+ financial advisors make a meaningful difference in their clients’ lives. We do this by combining powerful technology, holistic support, and expert consulting to help advisors run stronger, more efficient businesses. Backed by a comprehensive suite of investment solutions and a trust company that boasts of $150B+ AUM, our platform empowers advisors to deliver exceptional service and an outstanding client experience.

Our Values

Heart. Client Success. Integrity. Respect. Excellence.

Our values are how we show up every day. We believe in: Leading with Heart, in truly making a difference in the lives of others: teammates, clients, investors and communities. Obsessing over Client Success, bringing a relentless focus on what matters to clients that sets us apart and creates loyal, lasting relationships. Unyielding Integrity, doing what’s right, always. Even when it’s hard. Collective Respect, in being authentic, inclusive and valuing all voices while winning together. Operating with Excellence, in learning fast, continuously improving, innovating and collaborating to find new and better solutions. These values shape our culture, guide our decisions, and define what it means to be part of the AssetMark family.

Our Culture & Benefits

Our culture brings our mission and values to life. Here, we do what’s right, embrace diverse ideas, and innovate together. We also offer a wide range of benefits to support you and your family—because thriving at work starts with thriving in life.

• Flex Time or Paid Time Off and Sick Time Off
• 401K – 6% Employer Match
• Medical, Dental, Vision – HDHP or PPO HSA – Employer contribution (HDHP only)
• Volunteer Time Off
• Career Development / Recognition
• Fitness Reimbursement
• Hybrid Work Schedule

As an Equal Opportunity Employer, AssetMark is committed to building a diverse and inclusive workplace where everyone feels valued. AssetMark is a fast-growing financial technology company changing the game for advisors and their clients. If you are searching for a challenging, rewarding, and evolving career, you have come to the right place. We offer competitive salaries, full benefits, and excellent opportunities for growth. To learn more about us, visit our website.