Quantitative Research Associate - Systematic Portfolio Construction

Capital Group; New York (NY); On-site; USD 168,924 - 270,278; Full time

Benefits offered by this job

Generous time-off benefits

Company-funded retirement contributions

Professional development resources

Job summary

Capital Group is seeking a Quantitative Research Associate in New York. The role involves conducting rigorous quantitative research and analysis within the Quantitative Research and Analytics group. You will work on portfolio optimization and communication of findings to stakeholders.

The ideal candidate has at least five years of experience in optimization methods, strong programming skills, and an advanced degree in a mathematically rigorous field.

Benefits include competitive salary, bonuses, and health benefits from day one.

Qualifications

• Minimum 5 years of relevant experience in optimization and portfolio construction.
• Excellent systems and computer skills.
• Basic knowledge of econometrics and modern financial theory.

Responsibilities

• Deliver high-impact research on portfolio construction and optimization.
• Develop and maintain relevant quantitative models and frameworks.
• Communicate results and recommendations to stakeholders.

Skills

Optimization methods

Quantitative programming languages (e.g., Python, Julia, R)

Fundamental research

Quantitative research skills

Education

Advanced degree (MFE, MSc, PhD) in a mathematically robust discipline

Tools

Gurobi

Mosek

Job description

"I can be myself at work."

You are more than a job title. We want you to feel comfortable doing great work and bringing your best, authentic self to everything you do. We value your talents, traditions, and uniqueness-and we're committed to fostering a strong sense of belonging in a respectful workplace.

We intentionally seek diverse perspectives, experiences, and backgrounds, investing in a culture designed to celebrate differences. We believe that belonging leads to better outcomes and a stronger community of associates united by our mission. At Capital, we live our core values every day: Integrity, Client Focus, Diverse Perspectives, Long-Term Thinking, and Community.

"I can influence my income."

You want to feel recognized at work. Your performance will be reviewed annually, and your compensation will be designed to motivate and reward the value that you provide. You'll receive a competitive salary, bonuses and benefits. Your company-funded retirement contribution will factor in salary and variable pay, including bonuses.

"I can lead a full life."

You bring unique goals and interests to your job and your life. Whether you're raising a family, you're passionate about where you volunteer, or you want to explore different career paths, we'll give you the resources that can set you up for success.

• Enjoy generous time-away and health benefits from day one, with the opportunity for flexible work options
• Receive 2-for-1 matching gifts for your charitable contributions and the opportunity to secure annual grants for the organizations you love
• Access on-demand professional development resources that allow you to hone existing skills and learn new ones

I can succeed as a Quantitative Research Associate at Capital Group

As a member of the Quantitative Research and Analytics group (QRA) at Capital Group (CG), you conduct rigorous peer-reviewed quantitative research and analysis. You leverage your knowledge of portfolio optimization, trading strategies and portfolio analysis to develop effective systematic strategies for portfolio construction and replication. You enjoy a balance of collaborative problem-solving, individual exploration, and continuous learning.

You effectively communicate concepts and conclusions from quantitative analysis to investors, partner groups, and internal governance bodies. You identify and communicate the factors driving returns in systematic portfolios.

In this role you will:

• Deliver high-impact research on portfolio construction and optimization.
• Develop and maintain relevant quantitative models and frameworks.
• Partner with QRA leadership, Portfolio Strategy Management leadership, and Investment Group associates to understand and execute on quantitative research and analytical priorities.
• Work collaboratively with members of the QRA team in a rigorous peer-reviewed approach to quantitative research and support the team with portfolio optimization expertise.
• Respond to deadline-driven requests requiring quantitative analysis.
• Participate in the ongoing development of quantitative research processes at CG.
• Communicate results and recommendations in a form that meets the needs of the listener.
• Help develop computing environments to support research and research-driven processes in a collaborative research environment.

I am the person Capital Group is looking for

• You have advanced knowledge of optimization methods (including convex, non-linear, and integer programming) and systematic portfolio construction methods, with a minimum of 5 years of relevant experience.
• You have excellent systems and computer skills, including demonstrable expertise with quantitative programming languages (e.g., Python, Julia, or R) and with optimization software (e.g. Gurobi or Mosek)
• You have at a minimum a basic knowledge of fundamental research, econometrics and modern financial economic theory: e.g. asset pricing, portfolio theory, factor risk models, and machine learning.
• You have excellent quantitative research skills, as evidenced by an advanced degree (MFE, MSc, PhD) in a mathematically robust discipline (e.g., mathematics, economics, operations research) or equivalent experience.
• You exhibit advanced communication skills - the ability to synthesize issues into solutions, translate complex concepts into simple language, and engage across different audiences.

• You are self-motivated, take initiative, and demonstrate commitment to continuously improve skills and self.
• You are curious about financial markets, optimization and portfolio construction, and are always learning something new.

I can apply in less than 4 minutes.

You've reviewed this job posting and you're ready to start the candidate journey with us. Apply now to move to the next step in our recruiting process. If this role isn't what you're looking for, check out our other opportunities and join our talent community.

I can learn more about Capital Group.

At Capital Group, the success of the people who invest with us depends on the people in whom we invest. That's why we offer a culture, compensation and opportunities that empower our associates to build successful and prosperous careers. Through nine decades, our goal has been to improve people's lives through successful investing. We know that our history is a testament to the strength of the people we hire. More than 9,000 associates in 30+ offices around the world help our clients and each other grow and thrive every day. Find us on LinkedIn, Instagram, YouTube and Glassdoor.

Southern California Base Salary Range: $159,354-$254,966 San Francisco Base Salary Range: $185,833-$297,333 New York Base Salary Range: $168,924-$270,278

In addition to a highly competitive base salary, per plan guidelines, restrictions and vesting requirements, you also will be eligible for an individual annual performance bonus, plus Capital's annual profitability bonus plus a retirement plan where Capital contributes 15% of your eligible earnings.

You can learn more about our compensation and benefits here.

* Temporary positions in the United States are excluded from the above mentioned compensation and benefit plans.

We are an equal opportunity employer, which means we comply with all federal, state and local laws that prohibit discrimination when making all decisions about employment. As equal opportunity employers, our policies prohibit unlawful discrimination on the basis of race, religion, color, national origin, ancestry, sex (including gender and gender identity), pregnancy, childbirth and related medical conditions, age, physical or mental disability, medical condition, genetic information, marital status, sexual orientation, citizenship status, AIDS/HIV status, political activities or affiliations, military or veteran status, status as a victim of domestic violence, assault or stalking or any other characteristic protected by federal, state or local law.