Quantitative Analyst

Vestmark, Inc.

18h • $90,000 - $95,000 • Remote

About The Position

Vestmark has been supporting clients’ direct indexing solutions for more than a decade. As we embark on our next stage of growth and evolution, Vestmark Advisory Solutions seeks a Quantitative Analyst to work as a member of the Quantitative Portfolio Management team to implement personalized direct indexing strategies, assist Portfolio Managers in the day-to-day management of portfolios, and support analytical and operational needs of the investment management team.

Requirements

• Master’s degree in financial or quantitative discipline, CFA preferred
• 2-5 years of investment management experience
• Knowledge of quantitative investing and portfolio management concepts including risk modeling, optimization (Northfield Open Optimizer), portfolio construction, index methodology
• Experience in programming languages such as Python, R, SQL, advanced Excel
• Ability to communicate effectively both written and verbally
• Ability to meet tight deadlines and work under pressure with high attention to detail
• Team player working with highly collaborative and cross-functional teams

Nice To Haves

• CFA preferred

Responsibilities

• Work closely with and support the Portfolio Management team on the day-to-day investment management operations including oversight of all Quality Assurance tasks
• Perform optimization testing and scenario analysis using optimization tools such as Northfield
• Conduct ad hoc investment research by writing code in SQL and Python
• Collaborate and communicate with trading and operations teams to implement effective trading strategies
• Work closely with sales consultants in reviewing tax transition optimizations, mitigate issues raised, respond to client requests
• Partner with product management and technology teams to develop, automate and enhance systems and processes to improve portfolio management efficiency, draft JIRA requirements
• Perform testing plan and execution of UAT across latest development releases
• Contribute to the growth and development of our core values: We Before Me, Positive Energy, Knowledge Explorer, and Own It.

Benefits

• Vestmark takes a market-based approach to compensation to ensure we pay fairly and competitively.
• Compensation for this role depends on several factors such as skills, experience, qualifications, job scope and location.
• In addition to base salary, Vestmark offers a comprehensive total rewards package, which includes equity-based grants for all new hires, company-paid medical premiums of 90%, a competitive time-off program, and other variable compensation, if eligible.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 101-250 employees