United States onlyVestmark has been supporting clients’ direct indexing solutions for more than a decade. As we embark on our next stage of growth and evolution, Vestmark Advisory Solutions seeks a Quantitative Analyst to work as a member of the Quantitative Portfolio Management team to implement personalized direct indexing strategies, assist Portfolio Managers in the day-to-day management of portfolios, and support analytical and operational needs of the investment management team.
Responsibilities:
- Work closely with and support the Portfolio Management team on the day-to-day investment management operations including oversight of all Quality Assurance tasks
- Perform optimization testing and scenario analysis using optimization tools such as Northfield
- Conduct ad hoc investment research by writing code in SQL and Python
- Collaborate and communicate with trading and operations teams to implement effective trading strategies
- Work closely with sales consultants in reviewing tax transition optimizations, mitigate issues raised, respond to client requests
- Partner with product management and technology teams to develop, automate and enhance systems and processes to improve portfolio management efficiency, draft JIRA requirements
- Perform testing plan and execution of UAT across latest development releases
Qualifications:
- Master’s degree in financial or quantitative discipline, CFA preferred
- 2-5 years of investment management experience
- Knowledge of quantitative investing and portfolio management concepts including risk modeling, optimization (Northfield Open Optimizer), portfolio construction, index methodology
- Experience in programming languages such as Python, R, SQL, advanced Excel
- Ability to communicate effectively both written and verbally
- Ability to meet tight deadlines and work under pressure with high attention to detail
- Team player working with highly collaborative and cross-functional teams
- Contribute to the growth and development of our core values: We Before Me, Positive Energy, Knowledge Explorer, and Own It.
Vestmark is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Vestmark prohibits employment discrimination on the basis of race, color, religion, gender identity, sex, sexual orientation, pregnancy, national origin, age, disability status, protected military or veteran status, and genetic information.
Vestmark takes a market-based approach to compensation to ensure we pay fairly and competitively. Compensation for this role depends on several factors such as skills, experience, qualifications, job scope and location.
In addition to base salary, Vestmark offers a comprehensive total rewards package, which includes equity-based grants for all new hires, company-paid medical premiums of 90%, a competitive time-off program, and other variable compensation, if eligible.
