We are a Boston-based investment manager that provides global and international equity investment strategies and fund products to institutional investors such as pension plans, endowments, foundations, and registered/unregistered commingled investment funds. We are a registered investment adviser with the US Securities and Exchange Commission (SEC), and a registered commodity trading advisor and commodity pool operator with the US Commodity Futures Trading Commission (CFTC). Our firm manages over $90 billion for over 175 client relationships in North America, Europe and Australasia. Our offices are located at 200 Clarendon Street, Boston, Massachusetts.
The Investment Processes group is responsible for the automated processes used in investment decision-making and trading. We are a quantitatively-skilled and collaborative group of investment professionals. Our systems are the backbone of our highly automated portfolio construction process. Our software tracks what we hold, what it is worth, and why we hold it. It generates our trading program. It provides performance attribution and other tools to understand how our portfolios manifest our investment ideas. We are looking for a new associate. In this role, you will apply your technical skills to improve the firm’s portfolio construction process. The IPG is part of the investment team, and an associate interacts directly with portfolio managers, traders, and client-facing investment professionals.
Your responsibilities are expected to grow in line with your experience and abilities. Depending on your competitive advantages, typical responsibilities may include:
- Writing and maintaining code that tracks what we hold, what it is worth, and why we hold it
- Writing and maintaining code that supports our portfolio construction process. This includes creation of a security master, and providing tools to users to diagnose and resolve data exceptions
- Researching and implementing the best methods for performance attribution
- Working with client-facing investment professionals to provide tools for portfolio analytics
- Applying your technical skills to solve the “real world” problems faced by our portfolio managers
- Assessing the quality of financial data, diagnosing systematic deficiencies, and prescribing fixes that can be automated
- Working with developers to design reliable and speedy data feeds
The ideal candidate has an undergraduate or graduate degree from a top educational institution in a field that requires problem solving skills, such as applied mathematics, economics, engineering or mathematical finance. We value professional and academic success. Recent graduates are encouraged to apply.
A strong candidate will have some, but perhaps not all, of these qualifications:
- Knowledge of financial markets and asset pricing, gained through industry experience or academic study
- Interest in solving “real world” problems by computer automation
- Eagerness to communicate with users from widely varying technical backgrounds, such as traders, portfolio managers, and data analysts
- Experience with various programming languages, including C# or other object-oriented language, Python or other scripting language, and R or other statistics-based language
- Experience with database software such as SQL Server
- Understanding of probability, statistics and linear regression
We offer interesting projects, competitive compensation, a collegial, yet high achieving environment, team projects and a growing firm with many future opportunities. If you enjoy a hands-on, fast-paced environment that allows you to become an integral part of our company, then you will find that Arrowstreet will be a richly rewarding experience for you!
Qualified candidates should submit a resume to email@example.com. Please include a cover letter detailing your short and long-term career goals and copies of transcripts. No telephone calls please. Arrowstreet Capital is an Equal Opportunity Employer.