Boston Capital Investment Club · 5 months ago
【Jobs】Quantitative Risk Researcher
Boston, MA
Full-time
Onsite
Mid Level
3+ years expBoston Capital Investment Club is seeking a Quantitative Risk Researcher to join their Risk & Quantitative Research (RQR) Group. The role involves investigating portfolios, driving improvements in risk management processes, and conducting research to enhance performance while managing risk effectively.
Non-profit Organization Management
Responsibilities
Investigate portfolios and strategies to understand the drivers of performance and develop reports that summarize the risk profiles and facilitate efficient risk management as well as improve understanding of portfolio construction and investment behavior
Drive improvements in stress testing, Value at Risk and various limit frameworks around concentration and liquidity
Evaluate external-vendor risk models to adapt and improve them (for example, developing and adding custom factors to those models) and oversee the deployment of the models
Conduct research to develop innovative risk management approaches, tools and analytics to help improve performance and better manage risk and deliver those research findings to senior management
Work with developers on the specification, design and development of risk management and performance attribution infrastructure
Most of the above tasks will require analyzing large structured and unstructured data sets such as internal trade data, risk model data, fundamental data, and sentiment data and running simulations and back-tests
Work directly with business leadership to make decisions about risk, portfolio construction, and technology that will impact Portfolio Managers
Liaise with Quantitative Research teams and Fundamental Portfolio Managers to apply appropriate quantitative and risk tools to impact strategies
Conduct research and statistical analyses in the evaluation of securities including portfolio construction, multi-factor modeling, TCA and Market Impact Modeling
Work with Portfolio Managers’ investment decisions with ad hoc statistical analyses leveraging proprietary tools and data and conduct research and automation of discretionary strategies within relevant equity markets
Qualification
Required
3+ years of experience in a quantitative research or risk management capacity covering fixed-income and/or FX investing
Strong background in statistics, math, and econometrics
Ability to manipulate and synthesize large data sets
High level of proficiency in SQL and quantitative programming (Python, MATLAB, R)
Strong communications skills – an ability to clearly and concisely articulate complex ideas to senior management and portfolio managers is critical
MS or PhD in highly analytical field (mathematics/statistics, finance/economics, engineering and/or computer science) with strong academic record from a top tier university
Prior experience in quantitative research/analytics, trading research, risk research, or portfolio management
Demonstrated proficiency in statistical methods and strong analytical problem-solving skills, including but not limited to engineering, statistical modeling, computer programming, or scientific laboratory course work
Experience developing factor models
Experience with portfolio construction, risk models, and TCA/transaction cost and market impact models
Experience creating and using algorithms to meticulously investigate and work through large data or error checking platforms
Hands on experience in R, MATLAB, SQL, and exposure to UNIX OS
Leadership skills with the ability to work with fundamental businesses and cross-functional groups to deliver results on aggressive timelines
Exemplary communication skills
Company
Boston Capital Investment Club
Boston Capital Investment Club (BCIC) is a Boston registered non-profit organization with more than 5000 members.
11-50 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase