Quantitative Research Scientist: Data-Driven Alpha

State Street Corporation; Boston (MA); On-site; USD 90,000 - 142,500; Full time

Benefits offered by this job

401K plan with company match

Insurance coverage (medical, dental, &

Paid time off including vacation andS

Employee Assistance Program

Incentive compensation including bonus

Job summary

State Street Corporation in Boston is seeking a Quantitative Research Analyst in the Systematic Equity team. You will contribute to alpha generation and risk-controlled strategies, leveraging data science on a cutting-edge distributed computing platform.

The role reports to the Head of Data and Analytics and requires advanced degrees and strong Python/SQL/R skills, plus ML/NLP expertise to work with large structured and unstructured data and to explore new data sources.

Qualifications

• Advanced degree (PhD/MS or equivalent) in finance, economics, or a quantitative discipline such as computer science, mathematics, statistics, physics or engineering.
• Minimum 2 years of work experience in quantitative finance or data science. Doctoral candidates with no work experience may be considered.
• Deep knowledge of quantitative equity investment is strongly preferred but not required.
• Great analytical skills with solid knowledge in statistics.
• Strong problem-solving capabilities with attention to details.
• Excellent coding skills with Python, SQL and/or R. Experience with distributed computing is a plus.
• Strong working knowledge of machine learning concepts including NLP.
• Experience working with a large amount of structured/unstructured data is a plus.

Responsibilities

• Generate ideas for investment process innovation and improvements with focus on alpha generation and portfolio construction.
• Execute research projects including interpreting, presenting and implementing results.
• Contribute to maintaining and improving our state-of-the-art computing platform for research and production models.
• Explore and evaluate alternative data sources and advanced machine learning techniques to solve investment problems better.

Skills

Python

SQL

R

Distributed computing

Machine learning

NLP

Data analysis

Statistics

Education

PhD in finance/economics/quantitative field

MS in finance/economics/CS/maths/physics/statistics/engineering

Tools

Spark

Hadoop

Job description

State Street Corporation in Boston is seeking a Quantitative Research Analyst in the Systematic Equity team. You will contribute to alpha generation and risk-controlled strategies, leveraging data science on a cutting-edge distributed computing platform.

The role reports to the Head of Data and Analytics and requires advanced degrees and strong Python/SQL/R skills, plus ML/NLP expertise to work with large structured and unstructured data and to explore new data sources.