Northern Trust Chicago , IL 60602
Support the US research team in developing and promoting quantitative active equity strategies
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
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