Quant Researcher
Quant Researcher - Assistant Vice President / Vice President
iCapital Network is powering the world’s alternative investment marketplace. Our financial technology platform has transformed how advisors, wealth management firms, asset managers, and banks evaluate and recommend bespoke public and private market strategies for their high-net-worth clients. iCapital services approximately $70 billion in global client assets invested in close to 750 funds across more than 125,000 underlying accounts.
iCapital was named Solutions Provider of the Year at the 2020 MMI/Barron’s Industry Awards and selected to the 2018, 2019 and 2020 Forbes FinTech 50, a list of the top 50 innovative financial technology companies that are transforming finance through technology.
About the Role
The Quant team’s goal is to deliver industry-leading analytical insights that help financial advisors and investors managing their multi-asset portfolios and utilizing alternative assets to meet their long-term investment objectives. The team consists of Quantitative Researchers and Quantitative Developers to research, define, and implement models that will guide clients in portfolio construction, asset allocation, and risk management. The team members have diverse backgrounds such as math, physics, economics, quantitative finance, computer science, and other science and engineering fields, and collaborate closely with business-side colleagues, platform architects, software developers, and product managers to deliver analytics through the software platform for the firm’s clients.
The Quant Researchers have a core mission of researching and defining proprietary quantitative modeling methodologies to underpin the portfolio risk analytics capabilities of the firm’s commercial technology platform. The team members will need to apply data analytics techniques from both traditional statistics and machine learning to a combination of proprietary, public, and third-party data, with the goal of defining innovative analytical methodologies to deliver portfolio risk analytics capabilities for multi-asset portfolios including alternative assets such as hedge fund, private equity, private credit, real estate, and digital assets.
Responsibilities
- Understand the latest research in portfolio analytics and risk management across academia and industry practitioners, with a focus on alternative assets
- Apply data analytics techniques from both traditional statistics and machine learning to a combination of proprietary, public, and third-party data
- Define innovative proprietary analytical methodologies for portfolio construction and risk management
- Prototype new quantitative models and collaborate closely with quant developers and other teams to productionize the models
- Write white papers and documentation on proprietary research results and modeling methodologies for clients and stakeholders
Qualifications
- 5+ years of professional experience in quantitative research, quantitative finance, or data science
- Expertise in statistical analysis and machine learning, with proficiency in Python or R
- Prior experience in writing research papers
- Strong interest in portfolio construction and risk management
- Ability to work in a dynamic and fast-paced environment
Benefits
iCapital offers a comprehensive benefits package that includes a competitive total compensation program consisting of salary, equity for all full-time employees, and an employer matched retirement plan; generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling; and generous paid time off (PTO) featuring unlimited sick time and parental leave.
While we are currently working remotely due to COVID-19, this position will be based in our Greenwich, CT or New York City, NY office. As we plan to re-enter our offices in 2021, iCapital will offer most employees the flexibility to work remotely one to two days a week. Every department has different needs, and some positions will be designated in-office jobs, based on their function.
For additional information on iCapital Network, please visit https://www.icapitalnetwork.com/about-us Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc
iCapital Network is proud to be an equal employment opportunity and affirmative action employer. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.