Advancing the Field of Quantitative Finance
formerly the IAFE

Job Board


Researcher

Dimensional Fund Advisors

Austin, TX

(posted 11/14/2017)

Job Description
The Research group at Dimensional is integral both in the successful day-to-day functioning of the firm and in helping develop Dimensional’s long-term strategy. The team produces high-quality, thought-leadership research on investments and financial markets that is of interest to and helps educate clients. Research is also involved in the design and development of the firm’s investment approach and the application of that approach through portfolio management and trading.

We are seeking a PHD-level Researcher for our Austin and Charlotte offices to help deliver these key services. Researchers are expected to produce high-quality, academically grounded research to support and enhance our investment strategies and for client education. Research findings are shared through white papers and presentations in Dimensional seminars and conferences.

Responsibilities:
Duties and responsibilities include, but are not limited to:
Conduct rigorous empirical research related to portfolio structure and implementation, run historical simulations, perform regression, attribution and characteristics analysis, conduct econometric tests to evaluate the impact of different portfolio construction and implementation approaches on expected performance, costs and diversification of our investment strategies.
Work closely with our investment and sales team to develop investment solutions that meet our clients’ needs, goals and preferences in a reliable, cost effective, and transparent way.
Share our research findings through white papers and presentations at Dimensional seminars and conferences.
Discuss Dimensional’s investment philosophy, process, and strategies with clients and prospects.
Review the latest advances in the academic work on asset pricing to support and enhance our investment strategies and for client education.


Qualifications
Qualifications:
Candidates must have, or be near completion of a Ph.D. in a discipline such as finance, economics, mathematics, or statistics. Ideal candidates will have extensive experience doing empirical research with large datasets, a strong background in econometrics and statistics, strong programming skills in one or more languages such as R, SQL, SAS, Matlab, C++, or Fortran. The position requires an excellent ability to communicate financial and economic concepts, in both verbal and written form, and the ability to independently complete research projects, from idea generation to paper publication or strategy implementation. Strong candidates will also have exceptional attention to detail as well as imagination and creativity.


Other Information
When attaching a resume/CV, please also include a cover letter, job market paper, and letters of recommendation. You may also direct materials to phdrecruiting@dimensional.com.

Organization Description
Dimensional is a global investment firm guided by deep convictions about the power of capital markets. We are a leader in applying advanced financial science to equity and fixed income investment strategies. By employing a rigorous and systematic investment approach, we seek to capture what the market offers in all its dimensions.

For more than 30 years, we have translated research into real-world investment solutions for clients. Our clients include financial advisory, pension funds, retirement plans, college savings plans, insurance companies, endowments and foundations, and sovereign wealth funds. Headquartered in Austin, Texas, with 12 offices around the world, Dimensional manages $548 billion globally as of September 30, 2017.

How to Apply
https://dimensional.wd5.myworkdayjobs.com/en-US/DFA_Careers/job/Austin/Researcher_2017-4361

Last Day to Apply
12/31/2017

Quantitative Research Analyst

Stevens Capital Management LP

Radnor, PA

(posted 10/23/2017)

Job Description
We're seeking highly driven, production-oriented researchers who possess strong technical skills and a thorough understanding of economics and finance, along with the necessary combination of creativity, resourcefulness, pragmatism and attention to detail to develop successful automated trading strategies.


Primary Responsibilities
• Utilize your analytical skills, market knowledge and intuition to develop and implement statistical trading models.
• Participate in all aspects of research and trading model development, including generating research ideas, building data sets, conducting statistical data analysis and implementing quantitative production trading models.




Qualifications
• A degree in economics or finance, with extensive coursework in quantitative disciplines or a quantitative discipline (e.g. statistics, econometrics, mathematics, engineering, physics or computer science) with extensive coursework in economics or finance.
• Programming experience, ideally including R, C++ and/or Python.
• Strong working knowledge of regression, time series analysis and other statistical techniques.
• Experience building, organizing and analyzing large data sets is preferred.
• The ability to comprehend and synthesize academic literature in finance, economics and statistics.
• Strong financial market interest, knowledge and experience are preferred.
• The ability to simplify and effectively communicate complex concepts.



Other Information
For more information on our company, please visit: www.scm-lp.com

Organization Description
Stevens Capital Management LP (“SCM”) is a registered investment adviser that manages a multi-billion dollar hedge fund that has been in business for 25+ years.

SCM specializes in the rigorous development and disciplined implementation of empirically based quantitative trading strategies. Our highly productive team works in a fast-paced collegial environment, utilizing extensive data sets, technology and the scientific method to devise and employ trading strategies throughout the world’s most liquid financial markets.

How to Apply
http://grnh.se/kbg1681

Last Day to Apply
January 23, 2018

Financial Analyst - DSL FP&A

Discover Financial Services

Riverwoods, IL

(posted 09/13/2017)

Job Description
This position will provide financial planning and analysis support for one of Discover’s business units. The role offers significant exposure to Senior Management as well as opportunities for career growth. We are seeking a highly motivated individual who can formulate business issues into analytical problems and devise actionable solutions. The position is based in Riverwoods, IL, a suburb of Chicago. Discover also offers a satellite office conveniently located in downtown Chicago.
Key Responsibilities:
• Collaborate with business partners to develop the monthly forecast, Annual Plan, and three-year Strategic Plan submissions
• Prepare and present insightful reports that help monitor and analyze performance, reveal business trends, and highlight key metrics to improve decision making
• Partner with Accounting to ensure successful close of business every month
• Develop ad-hoc analysis and presentations to support business initiatives
• Continuously streamline processes to eliminate inefficiencies and improve results
• Promote a risk-aware culture, ensure efficient and effective risk and compliance management practices by adhering to required standards and processes


Qualifications
Skills Required:
• Bachelor’s degree in Finance, Accounting or related field
• 2+ years of experience in financial analysis, accounting, strategy, and/or business management
• Strong communication (oral and written), interpersonal, presentation, and organizational skills
• Demonstrated ability to successfully interact with all levels of management
• Strong analytical, prioritization, and problem-solving skills
• Ability to work under deadlines and ambiguity
• Proficiency with Microsoft Office (Excel, PowerPoint, Word)
Skills Desired:
• Experience with Hyperion / Essbase or equivalent budgeting and management reporting tools
• Experience in financial modeling and data driven financial analysis


Organization Description
You can make an impact. Whether it’s developing corporate strategy, innovating new services or supporting IT needs, every employee has the opportunity to be a vital part of our business and make a real difference in people’s lives. It’s the heart of what we do.

Discover is one of the most recognized brands in U.S. financial services. We’re a direct banking and payment services company built on a legacy of innovation and customer service. Our employees have always played a big part in our success. We support, challenge and inspire employees to continually develop their skills, advance their career and help grow our business.

How to Apply
Please apply via our corporate webpage via this link: http://www.mydiscovercareer.com/job/7492999/financial-analyst-dsl-fp-amp-a-riverwoods-il/

Last Day to Apply
Position will remain visible until a hire is made

Senior Financial Analyst - Strategic Finance Analytics

Discover Financial Services

Riverwoods, IL

(posted 09/13/2017)

Job Description
This position will provide financial and business analysis support for one of Discover’s business units. The role offers an exciting opportunity for a detailed, intellectually curious, and analytical minded candidate with experience dealing with ambiguity. The ideal candidate should be comfortable working with large quantities of data, building complex financial models, and driving actionable insights to influence multiple business partners. The position is based in Riverwoods, IL, a suburb of Chicago. Discover also offers a satellite office conveniently located in downtown Chicago.

Key responsibilities include:
• Partner with marketing, product, and operations groups to develop detailed financial analyses including profitability, pricing, and cost optimization
• Provide strategic advice and financial analysis for investment decisions, including new product development
• Ability to work with large amounts of data to develop and enhance complex financial models such as account /segment level valuation models to improve forecasting accuracy and drive new business insights
• Perform detailed competitive analysis to drive strategic insights and actions
• Provide and implement a framework to drive fact-based decisions
Continuously improve and streamline analytics processes
• Promote a risk-aware culture, ensure efficient and effective risk and compliance management practices by adhering to required standards and processes.


Qualifications
Skills Required:
• 4 plus years of experience in financial analysis, business analysis, consulting, investment banking, or equivalent experience in consulting, investment banking, credit card, banking and other financial institutions
• Experience in financial modeling and data driven financial analysis (NPV, IRR, etc)
• Strong level of financial and business acumen to be able to drive results for breadth of initiatives
• High level of critical thinking to formulate business issues into analytical problems and devise actionable solutions
• Robust communication, interpersonal, presentation, and organizational skills
• Must have ability to interact and partner effectively at multiple levels of the organization
• Strong experience and proficiency with Excel
• Bachelor's degree in Finance, Business, quantitative field or related discipline

Skills Desired:
• MBA, CFA, or related qualifications a plus
• Consumer or commercial banking industry experience a plus


Organization Description
You can make an impact. Whether it’s developing corporate strategy, innovating new services or supporting IT needs, every employee has the opportunity to be a vital part of our business and make a real difference in people’s lives. It’s the heart of what we do.

Discover is one of the most recognized brands in U.S. financial services. We’re a direct banking and payment services company built on a legacy of innovation and customer service. Our employees have always played a big part in our success. We support, challenge and inspire employees to continually develop their skills, advance their career and help grow our business.

How to Apply
Please apply on our corporate webpage via this link: http://www.mydiscovercareer.com/job/7461009/senior-financial-analyst-strategic-finance-analytics-riverwoods-il/

Last Day to Apply
Position will remain visible until a hire is made

Senior Financial Analyst - FP&A

Discover Financial Services

Riverwoods, IL

(posted 09/13/2017)

Job Description
This position will provide financial planning and analysis support for one of Discover’s business units. The role offers an exciting opportunity for a detailed, intellectually curious, and analytical minded candidate. We are seeking a highly motivated individual contributor with demonstrated experience in building strong business partnerships across multiple functions (e.g., Marketing, Operations, and Credit Risk). The position is based in Riverwoods, IL, a suburb of Chicago. Discover also offers a satellite office conveniently located in downtown Chicago.

Key responsibilities include:
• Develop financial plans including budgeting and strategic planning of various revenue and expense drivers to drive insightful analyses
• Ability to work with large amounts of data to drive meaningful insights
• Develop and enhance financial models to improve forecasting accuracy and drive new business insights
• Develop thorough understanding of interdependencies of all P&L line items and profitability drivers
• Continuously improve and streamline the financial management processes including monthly reporting and forecasting
• Provide and implement a framework to drive fact-based decisions
• Evaluate revenue opportunities and expense reduction initiatives to drive profitability
• Promote a risk-aware culture, ensure efficient and effective risk and compliance management practices by adhering to required standards and processes.


Qualifications
Skills Required:
• 4 plus years of experience in financial planning & analysis, business analysis or equivalent experience in consulting, investment banking, credit card, banking and other financial institutions
• High level of critical thinking to formulate business issues into analytical problems and devise actionable solutions
• Robust communication, interpersonal, presentation, and organizational skills
• Strong level of financial and business acumen to be able to drive results for breadth of initiatives
• Must have ability to interact and partner effectively at multiple levels of the organization
• Strong experience and proficiency with Excel
• Bachelor's degree in Finance, Business, quantitative field or related discipline
• Ability to independently manage processes and work with ambiguity

Skills Desired:
• Consumer or commercial banking industry experience a plus
• Experience in financial modeling and data driven financial analysis (NPV, IRR, etc) a plus
• Experience with Essbase and/or equivalent budgeting and management reporting tools a plus

Organization Description
You can make an impact. Whether it’s developing corporate strategy, innovating new services or supporting IT needs, every employee has the opportunity to be a vital part of our business and make a real difference in people’s lives. It’s the heart of what we do.

Discover is one of the most recognized brands in U.S. financial services. We’re a direct banking and payment services company built on a legacy of innovation and customer service. Our employees have always played a big part in our success. We support, challenge and inspire employees to continually develop their skills, advance their career and help grow our business.

How to Apply
Please apply on our corporate webpage via this link: http://www.mydiscovercareer.com/job/7461010/senior-financial-analyst-fp-amp-a-riverwoods-il/

Last Day to Apply
Position will be viewable until a hire is made

Senior Quantitative Strategist

Quest Partners LLC

New York, NY

(posted 08/23/2017)

Job Description
Senior Quantitative Strategist sought by Quest Partners LLC in New York, NY. Develop and implement systemic trading strategies & quantitative financial products incorporating statistical, financial & mathematical knowledge to inform investment colleagues & institutional clients engaged in investing and managing risk. Background check will be conducted before employment may begin. Apply @ www.jobpostingtoday.com # 39287.

How to Apply
Apply @ www.jobpostingtoday.com # 39287.

Last Day to Apply
September 6, 2017