Senior Quantitative Researcher

Arrowstreet Capital, Limited Partnership; Boston (MA); On-site; USD 170,000 - 325,000; Full time

Job summary

Arrowstreet Capital, Limited Partnership in Boston is seeking a Senior Quantitative Researcher to join their Research group. The role involves developing systematic investment strategies, evaluating data sources, and managing research projects. Candidates should have over 7 years of relevant experience, strong quantitative skills, and a solid understanding of risk modeling.

The position offers a competitive salary ranging from $170,000 to $325,000 per year, along with a robust benefits package. Arrowstreet Capital is committed to diversity and inclusion in the workplace.

Qualifications

• 7+ years developing systematic investment strategies in equity and currency markets.
• Extensive hands-on quantitative research experience required.
• Familiarity with portfolio construction in a systematic investment process.

Responsibilities

• Contribute to idea generation and management of high-impact projects.
• Evaluate novel data sources for investment strategies.
• Produce return, risk, and trading cost forecasts.

Skills

Systematic investment strategies

Quantitative research

Risk and transaction cost modeling

Data visualization

Statistical computing (Python, R, etc.)

Education

Undergraduate degree in quantitative field

Graduate degree in economics, finance, or statistics

Tools

Python

Stata

R

MATLAB

Job description

## Senior Quantitative ResearcherApplylocations: Bostontime type: Full timeposted on: Posted 11 Days Agojob requisition id: R1481We are looking for a senior researcher to join our Research group. We are a collaborative, data-driven, intellectually rigorous team responsible for coming up with investment ideas, evaluating data sources related to those ideas, codifying those ideas into signals, back-testing the signals, and producing return, risk and trading cost forecasts based on the signals to drive trading decisions. We maintain a friendly, team-oriented environment and place a high value on professionalism, attitude and initiative.As a senior researcher, you will contribute to idea generation and management of high-impact projects that improve the specification and/or implementation of our investment models, as well as research projects that improve portfolio construction decisions in our fully integrated, unified systematic investment process.### Qualifications* 7+ years of experience developing systematic investment strategies, particularly in equity and currency markets and with forecast horizons of days, weeks, or months instead of seconds, minutes, or hours* A creative, rigorous thinker with a demonstrated ability to come up with differentiated alpha research ideas based on investment logic and intuition* Extensive experience performing hands-on quantitative research as an individual contributor* Extensive experience managing other researchers on multiple simultaneous research projects* Significant experience evaluating novel data sources* Expertise in risk and transaction cost modeling* Familiarity with optimization and portfolio construction in a systematic investment process more generally* Significant experience implementing successful research ideas in a production process* Excellent communication skills, including data visualization* Strong analytical, quantitative, and problem-solving skills* Understanding of probability, statistics, linear regression, time-series analysis, linear algebra, calculus, optimization and portfolio theory* Knowledge of the application of statistics to economics (including econometrics or regression analysis)* Experience with a statistical computing environment such as Python, Stata, R, or MATLAB* Good understanding of the academic field of empirical asset pricing* High energy and strong work ethic* An undergraduate degree with an emphasis on challenging quantitative coursework. A graduate degree in a field related to economics, finance, or statistics is a plus### The base salary range for this position is $170,000 - $325,000 per year.Arrowstreet Capital operates a robust talent acquisition program, and we also seek to compensate and reward our employees competitively within our industry and in line with our merit-based culture. Our approach to total compensation includes base salaries and annual discretionary bonuses, as well as a robust benefits package. The determination of a successful candidate’s base salary placement within the listed range will vary based on the candidate’s relevant experience and qualifications (which may also include relevant certifications, credentials and other education), the job responsibilities and scope, the commensurate resulting level of the position and other relevant factors. The listed range is also an estimate, and additional information regarding base salary and other elements of total compensation offered by Arrowstreet Capital to successful applicants will be communicated during the recruitment process.### Arrowstreet Capital is a Boston-based systematic investment firm that manages global equity portfolios for institutional investors around the world.All qualified applicants will receive consideration for employment without regard to sex, race, color, religion, national origin, ancestry, genetic information, age, pregnancy, medical condition, disability, veteran or military status, marital status or any other characteristic protected by federal, state, or local law.Arrowstreet Capital is committed to working with and providing reasonable accommodations for qualified individuals with disabilities and disabled veterans. If you need a reasonable accommodation for any part of the employment process due to a disability, contact us to discuss the nature of your request and contact information.### About UsArrowstreet Capital is a Boston-based systematic investment firm that manages global equity portfolios for institutional investors around the world.All qualified applicants will receive consideration for employment without regard to sex, race, color, religion, national origin, ancestry, genetic information, age, pregnancy, medical condition, disability, veteran or military status, marital status or any other characteristic protected by federal, state, or local law. Arrowstreet is an equal opportunity employer. Please click here for more information.Arrowstreet Capital is committed to working with and providing reasonable accommodations for qualified individuals with disabilities and disabled veterans. If you need a reasonable accommodation for any part of the employment process due to a disability, contact us to discuss the nature of your request and contact information.