What are the responsibilities and job description for the Quantitative Analyst position at Meeder Investment Management?
Description
The Quantitative Analyst plays a crucial role in the development of the firm’s quantitative investment modeling process for Meeder’s Funds and Portfolios. They will assist in the development, maintenance, and monitoring of investment models, including asset allocation, equity, and fixed income models. This will include tracking model performance, conducting research, and performing statistical analysis to constantly improve our investment strategies.
Primary Responsibilities
Position Requirements
Meeder's advice and solution suite is driven by our founding principle: providing investment solutions designed to improve investor outcomes. Meeder works with clients - both directly and through financial advisors - to offer a variety of investment solutions including mutual funds, investment portfolios, separately managed accounts, retirement plan services, and cash management solutions.
At Meeder, we pride ourselves on living our five core values: Do the Right Thing, Driven & Results Oriented, Relationships Matter, Continuous Improvement, and Discipline. Our core values are the cultural cornerstone for everything we do. They inspire and guide us in our day-to-day work, our relationships with colleagues, and when servicing our clients.
Visit www.meederinvestment.com for more. See Meeder's social media pages at https://linktr.ee/Meeder
The Quantitative Analyst plays a crucial role in the development of the firm’s quantitative investment modeling process for Meeder’s Funds and Portfolios. They will assist in the development, maintenance, and monitoring of investment models, including asset allocation, equity, and fixed income models. This will include tracking model performance, conducting research, and performing statistical analysis to constantly improve our investment strategies.
Primary Responsibilities
- Assist in the development and improvement of investment models, including asset allocation, equity, and fixed income strategies.
- Produce quantitative research using MS Excel and Python, including statistical tests, regression, and time series analysis.
- Monitor investment models and performance.
- Analyze economic, fundamental, and technical indicators.
- Communicate to team members key factors driving changes in the investment models.
- Document research and analysis, including preparation of presentation materials.
- Assist in ad hoc capital markets research as needed.
- Passion for investments as an intellectual pursuit.
- Strong Python skills and knowledge of statistics, regression analysis, portfolio back testing, portfolio optimization, etc.
- Ability to explain quantitative concepts and analyses to people with no quantitative background.
- Knowledge of capital markets, including equity and fixed income.
- Positive attitude with a willingness to join a growing team
- Professional and accountable with high degree of ethics and integrity.
- Desire for life-long learning.
Position Requirements
- Bachelor’s degree in Finance, Economics, or Statistics.
- Master’s degree in quantitative finance or financial engineering is preferred.
- 1-3 years’ experience for Jr. Analyst, 4-7 years of experience for Sr. Analyst
- Proficiency in Python and SQL preferred
- Strong MS Excel skills.
- Progress toward CFA certification preferred.
- Knowledge base of portfolio management and industry software applications (i.e. Bloomberg, Axioma, Morningstar Direct, S&P ClariFI) is helpful.
Meeder's advice and solution suite is driven by our founding principle: providing investment solutions designed to improve investor outcomes. Meeder works with clients - both directly and through financial advisors - to offer a variety of investment solutions including mutual funds, investment portfolios, separately managed accounts, retirement plan services, and cash management solutions.
At Meeder, we pride ourselves on living our five core values: Do the Right Thing, Driven & Results Oriented, Relationships Matter, Continuous Improvement, and Discipline. Our core values are the cultural cornerstone for everything we do. They inspire and guide us in our day-to-day work, our relationships with colleagues, and when servicing our clients.
Visit www.meederinvestment.com for more. See Meeder's social media pages at https://linktr.ee/Meeder
- Assets Under Advisement consist of $58.4 billion of regulatory assets under management by Meeder Investment Management's registered investment adviser affiliates and $100.6 billion of non-discretionary assets as to which Meeder Public Funds provides strategic advice or consultation as of December 31, 2023.
