Senior Quantitative Equity Portfolio Manager, Internal

Commonwealth of VA Careers; Richmond (VA); Hybrid; USD 167,000 - 283,000; Full time

Job summary

Virginia Retirement System (VRS) seeks an experienced Portfolio Manager (Quantitative) to aid in the management of internally managed equity investments. The role involves developing stock selection and risk models, testing ideas on large datasets, and presenting findings to the Investment Advisory Committee and Board.

The position requires a Master’s degree in related fields and at least 10 years in research, with strong Python/SQL skills and familiarity with FactSet or Bloomberg.

Qualifications

• Master’s degree in financial market theory, statistics, econometrics or related field required or equivalent experience.
• 10+ years’ experience in conducting long-term independent research projects including leading researchers and developers.
• Experience managing an active equity strategy relative to a benchmark.
• Understanding of accounting and financial statement analysis as it pertains to factor research and implementation over a full benchmark universe.
• Strong programming and data management skills, including mastery of Python, SQL, or similar language.
• Extensive experience using financial research applications such as FactSet, Bloomberg or similar platforms.
• Broad familiarity with various financial datasets related to quantitative investment management.
• Broad understanding of the investment management business including operational, technological, trading and other business aspects.

Responsibilities

• Initiate and lead projects to improve the investment process.
• Develop proprietary stock selection and risk models.
• Utilize large datasets to test investment ideas.
• Participate in the portfolio management and implementation process.
• Present research to staff, Investment Advisory Committee, and Board.
• Work with senior team members to advocate for longer-term strategic initiatives.

Skills

Python

SQL

Data management

Financial research

Education

Master’s degree in financial market theory

CFA charter

Tools

FactSet

Bloomberg

Job description

Virginia Retirement System (VRS) seeks an experienced Portfolio Manager (Quantitative) to aid in the management of internally managed equity investments. The role involves developing stock selection and risk models, testing ideas on large datasets, and presenting findings to the Investment Advisory Committee and Board.

The position requires a Master’s degree in related fields and at least 10 years in research, with strong Python/SQL skills and familiarity with FactSet or Bloomberg.