Quantitative Research Job Description
Quantitative research
provides support to large-scale projects as required and appropriate, including but not limited to CCAR modeling, PPNR modeling, asset & liability modelling, credit loss modeling, and capital planning.
Quantitative Research Duties & Responsibilities
To write an effective quantitative research job description, begin by listing detailed duties, responsibilities and expectations. We have included quantitative research job description templates that you can modify and use.
Sample responsibilities for this position include:
Own' the numbers understand and reinforce the link between operational procedures and financial results
Use various data systems to conduct quantitative search, data analysis, data mining, data collection, and reporting
Continuously develop thorough analysis and conclusive insights that drive decisions and strategies for investment ideas
Prepare and present research findings and recommend investment ideas
Merging, structuring, and analyzing large amounts of data from various sources
Performing ad-hoc exploratory statistics and analysis on research data sets
Researching predictable patterns in assets returns, risks, and trading cost
Develop and maintain financial models for quantitative equity analysis
Market and present published research to fundamental and Quantitative clients
Service institutional clients on bespoke projects
Quantitative Research Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Quantitative Research
List any licenses or certifications required by the position: CFA, AWS, MBA, MS
Education for Quantitative Research
Typically a job would require a certain level of education.
Employers hiring for the quantitative research job most commonly would prefer for their future employee to have a relevant degree such as Master's and Bachelor's Degree in Engineering, Statistics, Computer Science, Finance, Economics, Mathematics, Marketing, Education, Physics, Math
Skills for Quantitative Research
Desired skills for quantitative research include:
Options pricing theory
Financial products
Python
Econometric modeling
Allowance
Basel II/III regulatory capital
CCAR
C++
But is not a strict requirement
Stochastic calculus
Desired experience for quantitative research includes:
You will see yourself as a present or future team leader - driving ideas, research production and marketing schedules
You will thrive within a fast paced environment, and constantly display a drive to succeed
Superior quantitative skills required
Excellent Excel spreadsheet skills and proficient in other Microsoft Office products
In-depth knowledge of state-of-the-art performance attribution techniques
2+ years of experience with object-oriented programming in a language
Quantitative Research Examples
1
Quantitative Research Job Description
Job Description Example
Our company is looking to fill the role of quantitative research. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for quantitative research
- Work very closely with high-profile, global institutional clients do develop bespoke quantitative models
- Ensure quality of the underlying quantitative Equity data, while developing, generating and streamlining regular reports for internal and external use
- Managing client request flows and developing new reports on European Equity and/or cross-asset quantitative products
- Collaborating with other internal Quantitative Strategists to drive information sharing and leverage expertise
- Articulate ideas to clients via written and oral communications
- A one year assignment as part of Risk Management to gain a better understanding of model validation gaining exposure to some of the risk analysis performed by that group
- Conduct original quantitative research in forecasting currencies, portfolio management, and volatility forecasting
- Contribute to macro-economic research as part of a global team
- Maintain proprietary quantitative models
- Work closely with senior researchers on analysis
Qualifications for quantitative research
- A Bachelors or Masters degree from a strong Computer Science program is strongly preferred
- An academic background in Accounting, Finance or Economics and a post graduate degree
- A minimum of 5 years of experience in financial markets / quantitative equity research
- Experience of using statistical programming languages (R, ) and optimization/risk tools (Axioma, Barra)
- You will have an outgoing personality with excellent communication and presentation skills
- Understanding of probability, statistics, regression and time-series analysis
2
Quantitative Research Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of quantitative research. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for quantitative research
- Develop and manage more junior members of the team
- MB expects all employees to adhere to the requirements of our quality management system which is certified to ISO20252
- Write market research proposals with little or no supervision
- Designing research approaches
- Analysis of research outputs and writing reports
- Coordinate across departments and teams, both external and internal
- Partner in the thinking, scoping, analysis and delivery of projects
- Partner and lead proposal-writing, depend on scale of proposal, providing a strong viewpoint on quantitative methodology and accurate, commercially-driven costings
- Mentor junior team members to develop technical and client-service skills
- Collaborate with Marketing Sciences teams based in UK, Germany and USA to bring best-practice and new methodologies to Singapore
Qualifications for quantitative research
- A minimum of 5 years in a senior leadership role
- Ability to lead complex quantitative work and enable others on the team to do the same
- Strong computer programming skills, including the use of spreadsheets and statistical packages (Java, SQL Server, R, Visual Studio, C#, .Net)
- Master's / PhD in Finance, Economics or in a related quantitative field such as Mathematics, Statistics, Physics, Engineering, (e.g., MSc, MBA or MA)
- Familiar with financial econometric or financial market simulations
- Proficiency in mathematical/statistical modeling
3
Quantitative Research Job Description
Job Description Example
Our innovative and growing company is looking for a quantitative research. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for quantitative research
- Delegation of tasks to junior team members
- Working independently and part of a team
- Liaison with field personnel, and all outside vendors on day-to-day project issues such as questionnaire changes, sample management and interview refinement
- Coach and manage a team of 3-7 Quantitative Research Analysts producing quantitative research deliverables (webinars, white papers, studies, GLMS reports, ) including member-facing research and business analytics as context requires and in collaboration with program leadership across the FS practice
- Identify repetitive data management tasks and replace with automated approaches
- Design, structure and maintain databases used for solutions research and solutions development
- Establish and encourage adoption of coding best practices across team
- Develop internal GUI’s that help standardize and streamline use of tools
- Implement and maintain automated client advisory reports working closely with other quants
- Create interactive graphical tools for better visualization of results
Qualifications for quantitative research
- Highly analytical and numerate with the ability to convey sophisticated concepts in a clear and concise form
- Supporting trading activities by explaining model behavior, carrying out scenario analyses, developing and delivering quantitative tools, and supporting analytics
- PhD in economics/finance or quantitative field
- Demonstrated ability to conduct and publish high-quality research
- Creativity and capability to move from ideas to investment insights
- Strong back-ground in Quantitative Finance (master or PhD) real interest in macroeconomics and econometrics
4
Quantitative Research Job Description
Job Description Example
Our innovative and growing company is hiring for a quantitative research. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for quantitative research
- Act as liason with central IT in transitioning projects or in employing centralized tools and databases
- Make sure Client Management team has a good relationship with the Operations team
- Lead, motivate and develop people in the team, providing feedback on their performance
- Work closely with and act as client lead on current brand and communications quantitative research and tracking programs
- Serve as trusted advisor, facilitator and liaison between internal client stakeholders, while providing account group leadership and oversight of research quality
- Manage $3-4 MM in research project revenue and 6-7 different quantitative studies at a time
- Work closely with an existing client on current brand and communications quantitative research and tracking programs
- Build relationships with other teams supporting the investment data and research process
- Contribute to the development, maintenance and support of the Fixed Income division’s in-house risk, research and portfolio management platform
- Implement functionality requested by the investment desks to tight deadlines
Qualifications for quantitative research
- A broad base of technology skills commensurate with the level of the role MatLab/C++ highly desirable
- Industry experience in derivatives pricing and trading preferred, but not required
- Exemplary undergraduate degree in Math, Physics, Statistics, Data Science or Computer Science from a highly accredited university is a prerequisite
- PhD in Economics or a related field preferred
- 1-3 years’ experience utilizing statistical modeling techniques
- Demonstrated experience highlighting both innovation and intuition, namely the ability to laterally identify other sources of useful information and think ‘outside the box’
5
Quantitative Research Job Description
Job Description Example
Our growing company is looking to fill the role of quantitative research. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for quantitative research
- Guide production of project materials
- Develop questionnaires
- Develop field instructions and track quotas
- Create final reports and presentations
- Perform regular reviews of academic literature on ESG investing, and relevant ESG topics and communicate to the team findings and/or empirical developments
- Perform portfolio analytics and attribution on portfolios
- Mentor and grow the team to deliver reports that demonstrate a clear and concise understanding of the results, demonstrating expert knowledge and actionable recommendations
- Ensure that the team is briefed on project aims, goals, and scope and ensure that projects are executed to this scope
- Monitor the progress and status of each project with the relevant team members to ensure that projects meet high standards and deliver in-line with client expectations, insights, and goals
- Provide consultative perspective on methodological approaches
Qualifications for quantitative research
- Candidates without a background in finance
- Strong experience working with healthcare transactional data and other health related data sets knowledge of federal and state laws pertaining to healthcare information privacy and security
- 3 year degree, preferably in Research, marketing, business, psychology, social sciences
- At least 4 years’ quantitative market research experience in a research agency, client company, or management or marketing consultancy
- People management an advantage
- Level appropriate qualitative research skills