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Sr. Quantitative Investment Research Analyst

Expired Job

Northern Trust Chicago , IL 60602

Posted 5 months ago

Job Description:

Support the US research team in developing and promoting quantitative active equity strategies

Major Duties

  • Conduct applied signal research, backtesting and risk assessment of new investment strategies

  • Analyze client portfolios for risk exposure and recommend remediation

  • Author white papers, articles and blogs

  • Participate in twice-weekly meetings with larger research team

  • Attend client meetings with sales and client service partners and lead technical discussions

Experience and Education

  • Five years of quantitative research in buy-side investment management

  • Master's degree in finance, economics, mathematics or computer science

Desired Skills

  • Solid programming ability in SAS. Exposure to R, Matlab, Python or other languages desirable

  • Knowledge of SQL and Oracle databases

  • Familiarity with Factset and Bloomberg

  • Experience with risk models such as Barra and Axioma

  • Knowledge of portfolio optimization theory and tools

  • Background in statistics and econometrics: cross-sectional and time series regression analysis, OLS violations, covariance matrix decomposition, volatility models, etc.

  • Fundamental knowledge of financial theory including CAPM and violations, APT, Fama-French factors, etc.

  • Ability to read, interpret and apply academic literature. This will require a basic knowledge of linear algebra, calculus and set theory

  • Demonstrated ability to write white papers for professional audiences. Evidence of academic publications strongly preferred

  • Strong communication skills: ability to converse comfortably with C-suite clients and prospects, clearly explain research and technical concepts to a non-technical audience, present Northern Trust products and investment platform

  • Knowledge of global equity and fixed income markets

For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. From a Chicago-based bank founded in 1889, we now have more than 20 international locations and 16,500 employees globally. We serve the world's most-sophisticated clients from sovereign wealth funds and the wealthiest individuals and families, to the most-successful hedge funds and corporate brands.

We burnished our reputation as a global leader delivering innovative investment management, asset and fund administration, fiduciary and banking solutions enabled by sophisticated, leading technology. And through it all, we continually laid a solid, forward-looking foundation on which future generations can continue growing and achieving greater.

As of December 31, 2017, Northern Trust Corporation had:

$139 billion in banking assets

$8.1 trillion in assets under custody

$10.7 trillion in assets under custody/administration

$1.2 trillion in assets under management


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Sr. Quantitative Investment Research Analyst

Expired Job

Northern Trust