Associate - Portfolio Management/ Data Science

StepStone is a rapidly growing Global Private Markets firm who provides customized investment and advisory solutions to some of the most sophisticated investors in the world. With $640 billion of total capital allocations, including $143 billion in AUM, we are highly diversified in the private markets across the globe and provide creative solutions to solve for the objectives of any investment program. With a culture built on entrepreneurialism, partnership and being a team within teams, our firm offers joiners the opportunity to think out loud, collaboratively.

Position Overview

The Portfolio Management Associate of StepStone in La Jolla will analyze data, test and implement models, and produce output that can be used internally and externally across the firm. The models and outputs will be used to manage liquidity and construct portfolios for diverse client needs, risk, and liquidity profiles. The role is broad. The associate will work with the Data Science, Research and SPAR teams to get, clean and understand the available fields; they will suggest models that are relevant for the available data and communicate the assumptions and complexities of the model internally; they will fit and select a model and assess goodness of fit.

Essential Job Functions:

• Data retrieval and wrangling using MySQL and Python/R. Knowledge of PowerBI a plus

• Model building and analysis using built-in functions and models developed from scratch in Python/R

• Deploying models using a Django API in collaboration with the web development group

• Communicating the output of models internally, including assumptions and limitations

• Discussing internally the merits of the models and analyses

• Independent and efficient working style: ability to develop big picture ideas, and translate them into code and actionable model output

Education and/or Work Experience Requirements:

• Bachelors, Master's degree or Ph.D. in Mathematics, Statistics, Biostatistics, Econometrics or a related field

• Excellent written communication and presentation skills

Required Knowledge, Skills, and Abilities

• Some knowledge of financial modeling and private markets

• Deep understanding of statistical model building and data analysis; numerical algorithms expertise

• Strong background in Python; experience in SAS, R or Matlab. Experience with Excel

• MySQL or other database expertise

• Knowledge of financial instruments and Bloomberg a strong advantage

• Extremely strong attention to detail to maintain code and data integrity

• Positive attitude and strong team collaboration

Other Attributes:

• Willingness to work a flexible schedule

• High level of confidentiality

Salary Range: $90,000 - $115,000

The salary range is an estimate of pay for this position. Actual pay may vary depending on job-related factors that can include location, education, skill, and experience. The salary range does not include any benefits or other forms of possible compensation that may be available to employees.

About us

Working out of 26 offices in 15 countries, StepStone has a truly global viewpoint. As people are our biggest asset, we offer resources to help our employees reach their full potential. Our principles are based on integrity, transparency, respect and creativity, which together define how we do business.

Join us

When you choose to work at StepStone, you'll find a group of professionals who are passionate about anticipating changes, solving problems and working together to make it all happen. Our integrated global team shares insights into how managers think and operate, as well as how they might perform.

StepStone offers a competitive compensation package including salary and incentive compensation for all full time hires, as well as a comprehensive benefits package.

Benefits

We offer a range of benefits which include comprehensive healthcare, strong retirement plan, a mental health well-being program, paid time off, student loan repayment program for our US office locations, and several wellness initiatives.

Disclaimer / Policy Statements

At StepStone, diversity, equity and inclusion are an integral part of our culture. We are an Equal Opportunity Employer that strives to create an inclusive environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups representing our dedication to Diversity, Equity & Inclusion.

As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.

Developing People at StepStone

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