Who we are looking for: The AI and Trading Analytics Researcher (Assistant Vice President) will be a member of the AI and Trading Analytics team within State Street Associates, an investment research division of State Street Global Markets. This role will be responsible for developing novel advanced data-driven analytic solutions to meet specific stakeholder needs for a range of internal teams in the Global Markets business. The role wilal require effective collaboration across many multi-functional research and technology teams, as well as project management and frequent interaction with representatives from a diverse range of markets and trading businesses. The role requires direct involvement in technical design and coding implementation of research-driven solutions, in collaboration with many other research and technology functional teams. Projects will focus on advanced data modeling, including machine learning and artificial intelligence (AI), with emphasis on leveraging existing areas of expertise from State Street Associates' products and academic partnerships. Engaging internal clients in a consultative manner, and delivering polished materials and presentations to drive engagement and adoption, is essential for success. State Street Associates has a track record of helping the world's largest institutional investors and asset managers solve complex problems, manage investment risk, and enhance portfolio performance. The team's headquarters are located in Harvard Square in Cambridge, MA.
Why this role is important to us: The team you will be joining is a part of State Street Markets (SSM). When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSM business unit. As our investment research and trading arm, SSM's number one goal is to enhance and preserve our clients' portfolio values by applying technology, optimizing trading, and linking asset classes and markets across the world.
Join us if making your mark in the capital markets industry from day one is a challenge you are up for.
What you will be responsible for :
- Design and test quantitative models to meet specific trading business needs.
- Develop code, product specifications, and processes for implementation.
- Work directly with subject area experts from across many Global Markets businesses to document needs, prototype new ideas, and deliver products.
- Apply statistics, advanced prediction, machine learning / AI, and other techniques and rigorously test the efficacy of models, strategies, data-driven processes, and infrastructure.
What we value: We are looking for highly motivated candidates with exceptional quantitative skills and a desire to develop and implement new research ideas in a practical setting.
Education & Preferred Qualifications :
- Advanced degree and/or proven experience in a quantitative field such as finance, economics, mathematics, computer science, or a related discipline.
- 3-5 years' work experience in investment management, investment research, data science, or a similar field involving quantitative techniques for data and analysis.
- Strong familiarity with theoretical and practical concepts in data analytics for investing, statistical analysis, time series forecasting, classical statistics, and machine learning / AI.
- Strong familiarity with concepts in investment management, asset allocation, risk management, and investment strategy design.
- Highly proficient coding skills (Python preferred) and attention to detail.
- Highly effective communication skills and ability to collaborate successfully.
Salary Range: $175,000 - $175,000 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Employees are eligible to participate in State Street's comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
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About State Street Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
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