Senior Quantitative Analytics Investment Officer

Illinois Comptroller; Chicago (IL); On-site; USD 126,713 - 227,323; Full time

Job summary

Teachers’ Retirement System of the State of Illinois is seeking an Investment Officer - Quantitative Analytics to lead quantitative modeling and risk-adjusted return optimization for the system’s $86+ billion portfolio. The role collaborates with the Investments team, risk, and operations to implement advanced data-driven strategies.

Major duties include back-testing investment ideas, ex-ante analyses, data integration, and communicating results to senior leadership.

Qualifications

• Bachelor’s degree in CS, mathematics, statistics, engineering, physics, or a related field is required.
• Minimum 6 years’ experience with quantitative modeling or quantitative investment portfolio management.
• Advanced proficiency in statistical modeling, data analysis, and programming (Python, R, MATLAB, SQL, etc.).
• Experience with machine learning, multi‑variate regression and similar data analysis techniques.

Responsibilities

• Develop and implement quantitative models to analyze asset classes, optimize portfolio construction, and evaluate opportunities and risks.
• Work with risk management and leadership to implement risk controls and budget across portfolios.
• Deliver analytics to monitor investment performance, identify trends, and inform decisions; present findings to executives and boards.
• Collaborate with internal teams, managers, consultants, and stakeholders to gather data and insights for modeling.
• Identify and integrate new data sources, technologies, and methodologies to improve models' accuracy and efficiency.
• Communicate complex quantitative outputs clearly to investment staff, board and leadership.

Skills

Quantitative modeling

Data analysis

Programming

Machine learning

Data visualization

Education

Bachelor's degree in CS/math/stats/engineering/physics

Tools

Tableau

PowerBI

SQL

Job description

Teachers’ Retirement System of the State of Illinois is seeking an Investment Officer - Quantitative Analytics to lead quantitative modeling and risk-adjusted return optimization for the system’s $86+ billion portfolio. The role collaborates with the Investments team, risk, and operations to implement advanced data-driven strategies.

Major duties include back-testing investment ideas, ex-ante analyses, data integration, and communicating results to senior leadership.