Job Details:

“Senior Associate, Portfolio Management” sought by Arrowstreet Capital, Limited Partnership (“Arrowstreet”), headquartered at 200 Clarendon Street, 30th Floor, Boston, MA 02116. This would also be the main, permanent location out of which the role will be based long-term. Position is permanent, immediately available. It does not require any local travel.

Telecommuting benefit (i.e., work from home) available. In this role, be advised resources must be onsite, working at the above-named employer address and headquarters location, at least four days each week. Apart from this requirement, resources may telecommute and work remotely from home that fifth day weekly. Note it is currently permissible, however (due to various regulations and policies), to telecommute and work remotely from home only from the following five states: Massachusetts; Rhode Island; New Hampshire; Connecticut; or Vermont. Firm resources therefore must live in one of those five states. This contributes to meeting the requirement to work at least four days per week, from within and as required to be at Arrowstreet’s Boston office (address given above), with remote work from a state specified allowable the fifth and other weekly workday. Traditional job description now follows.

Position of “Senior Associate, Portfolio Management” is part of the portfolio management team. The team is responsible for implementing the firm’s quantitative investment strategies and for managing market frictions. The “Senior Associate, Portfolio Management” provides assistance in implementing complex investment processes, including portfolio rebalancing, managing portfolio-level parameters and flow management. Role will also perform the following: apply optimization and portfolio construction techniques for multi-asset portfolios; analyze global microstructure trends; perform quantitative research and analytical projects requiring the application of advanced econometric methods and investment insights; work with clients and internal teams on initiatives to expand the investment opportunity set and reduce investment constraints; assist in the forecast and trade review process; contribute to financial product development and new fund launches; solve equitization problems; manage equity gap risk during the flow management process; monitor portfolio positions and risk factor exposures and provide feedback to senior portfolio managers and investment staff; provide financial market insights related to significant events in financial markets that may affect portfolio positioning and can lead to data and process overrides; assist with portfolio attribution and developing investment-related communications; run database queries, manage datasets and data analysis, and write queries in Structured Query Language (“SQL”), Python and statistical languages for data analysis; provide feedback on new alpha sources as investment opportunities; facilitate both linear and non-linear regression modeling (analyzing results derived from it); and provide input on proposed changes aimed at improving the investment process, developed and managed by Arrowstreet.    

This position is not a supervisory role over others with the firm. It does not have subordinate, direct reports. Position, rather, is a hands-on, individual contributor, responsible principally for portfolio management, reporting to and supervised by the manager of the Portfolio Management and Trading team.  The role, in short, to disclaim, it does not manage other Arrowstreet personnel.

Full-time position requiring a Bachelor’s degree or foreign equivalent in quantitative finance or a related analytical discipline (including financial engineering, mathematical finance, and quantitative economics). Also required are three years of the following experience: (a) performing portfolio management, to include attribution analysis and risk-factor exposure analysis; (b) performing quantitative research and fund performance analysis; (c) applying optimization and portfolio construction techniques for multi-asset portfolios; (d) setting-up, running and interpreting results generated from linear and non-linear regression models; (e) analyzing global microstructure trends; (f) running database queries, managing datasets, and writing queries in both SQL and Python for data analysis; and (g) using Bloomberg Terminal.

How to Apply:

Applicants should send resumes directly to the employer, not the local, state employment-service office. Can apply directly to Arrowstreet Capital, Limited Partnership at https://arrowstreetcapital.wd5.myworkdayjobs.com/BatchApplicantPortal.

Arrowstreet Capital, Limited Partnership