Quantitative Performance Analyst

Salary Range:
$85,000 USD - $95,000 USD

Specific compensation will be based on candidate's experience, skills, qualifications, commercial considerations, and other job-related factors permitted by law. At Russell Investments, salary is just one part of our compensation package. Our total rewards approach includes an annual performance bonus (subject to eligibility criteria) in addition to participation in our competitive benefits programs including healthcare, retirement, vacation, and wellbeing programs.

Job Description:

Every day, we seek to improve financial security for people. Joining our Global Performance & Reporting team within Global Risk delivering performance measurement across Russell Investment's global products and client bases you will be a part of a passionate and supportive team tasked with consolidating performance activities across Russell Investments, producing all standard client and ad hoc performance analysis, developing innovative attribution approaches, as well as assisting with updating new business and existing client presentations. The Quantitative Performance Analyst is responsible for calculating, analyzing and communicating the performance of Russell's investment products/strategies to internal teams as well as prospective and existing clients. The products/strategies under analysis may include funds, separate accounts, sub-advisory accounts, fiduciary accounts, overlays, and competitor products. Innovative analytical ideas will be scrutinized by peers of similar caliber and then integrated into the Enterprise Risk Management System for leverage by downstream portfolio managers.

Your Core Responsibilities:

Analysis:

• Calculate, analyze and report the performance of complex investment products or strategies to internal portfolio teams or external clients

• Keep up to date on current trends in asset management, in addition to financial markets, securities, and general investment themes, as well as advances in performance theory and practice

• Calculate attribution based on a myriad of factors and levels (e.g. security level, portfolio level, macro level)

• Be a "go to" performance expert for internal clients when discussing an approach to performance analysis

• Ensure the accurate and timely production of performance reporting

• Oversee/manage the calculation of performance by Russell's vendors and ensure an appropriate level of service delivery in line with agreed service levels and KPIs

• Collaborate across the Global Performance & Reporting team and with internal constituents to establish performance standards

• Compare, contrast and reconcile the salient factors behind multiple in performance returns

Reporting:

• Collaborate with business partners to establish performance reporting standards which ensure efficient production of performance analysis

• Stay abreast of Global Investment Performance Standards (GIPS) and support the annual GIPS verification process

• Provide performance reports to internal investment committees

• Liaise with vendors to outline changes to performance report structures

• Manage the distribution of performance reports through various mediums

• Maintain an awareness of the capabilities of various performance reporting systems

Data management:

• Design and develop robust processes around attribution models with focus on database design, quantitative methods and automation.

• Assist in managing the integrity and consistency of stored performance results.

• Understand the various legal ramifications associated with reporting index and peer group data

• Assist the reporting team in sourcing performance results

Your Expertise:

• Proficient with computers and MS Office (particularly with Excel)

• Proven mathematical abilities

• Proven ability to produce statistical reports, to think critically, to analyze and interpret results and find/propose solutions to findings

• 0-2 years of investment/financial services experience

• Mathematical analytical skills such as Monte Carlo Simulation, Time Series Analysis, Stochastic Calculus, Linear Algebra, Optimization and Probability.

• Machine learning skills such as regression, classification, tree-based methods, clustering, model selection and regularization.

• Automating quantitative and reporting process in programming languages such as C++, Visual Basic, VBA, R and/or Python, Object Oriented Programming, SSIS or SQLServer.

• Demonstrate good judgment and ability to clearly articulate reasons for decisions

• Ability to prioritize and manage conflicting demands in a proactive manner

• Excellent teamwork and proven ability to work and communicate across teams and functions to deliver solutions

• Take ownership for work and help set standards and drive delivery

• Must be proactive and a self starter with strong attention to detail

• Articulate and succinct in the expression and complex performance concepts

• Required: Master or PhD in Quantitative Finance or closely related (quantitative major) degree.

• Preferred: CIPM, CFA, or equivalent experience in performance

This role is not eligible for employment-based immigration sponsorship. Applicants must be legally authorized to work in the United States without employer sponsorship, now or in the future.

Equal Employment Opportunity

Russell Investments is committed to providing equal employment opportunities for all associates and employment applicants regardless of race, religion, ancestry, creed, color, gender (including gender identity which refers to a person's actual or perceived sex, and includes self-image, appearance, behavior or expression, whether or not different from that traditionally associated with a person's biological sex), age, national origin, citizenship status, disability, medical condition, military status, veteran status, marital status, sexual orientation, past or present unemployment status , or any other characteristic protected by law.