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Quantitative Researcher, Assistant Vice President

State Street Corporation
Cambridge, MA Full Time
POSTED ON 3/7/2025
AVAILABLE BEFORE 5/29/2025

Who We Are Looking For

State Street Associates, LLC (SSA) is a unique partnership of industry and academia dedicated to delivering preeminent research in investor behavior, global asset allocation, risk management, and alternative data to investment managers and asset owners. State Street Associates' staff work in a collegiate environment just off Harvard Square, Cambridge, designed to foster creative and groundbreaking thought. Our work is extensively peer reviewed and published in academic and practitioner journals. Our business objectives are to promote State Street's brand as the leading provider of knowledge resources, decision support and advisory services to global investors and provide valuable, proprietary research to clients. Research direction is provided by leading academics from Harvard and MIT.

Why this role is important to us

The team you will be joining is a part of State Street Global Markets (SSGM). When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to the SSGM business unit. As our investment research and trading arm, SSGM'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

As a Quantitative Researcher, Assistant Vice President, you will

SSA produces cutting edge research and proprietary measures of investor behavior that are used by some of the most sophisticated asset managers in the world. We are looking for a quantitative researcher who to assist in the development of applications for our indicators offering.

RESPONSIBILITIES

  • Research and develop quantitative strategies in equities, fixed income, foreign exchange and commodities utilizing non-traditional data. Evaluate signal quality and discuss relationships to traditional and proprietary factors.
  • Contribute to ongoing research on the alternative data landscape. Hold discussions with external data providers to better understand product offering, uniqueness of data, and potential application areas for the firm.
  • Manage integration of external data into internal testing environment. Analyze data quality and statistical characteristics. Evaluate biases, both actual and potential, that exist within new data sets.
  • Work collaboratively through various channels to find opportunities to inspire consideration of our research and product offerings and drive business results.
  • Communicate results and opinions to stakeholders with varying levels of technical expertise.

Education & Preferred Qualifications

QUALIFICATIONS

  • Bachelor's degree required (graduate degree preferred) in a quantitative field such as finance, economics, mathematics, physics, or similar fields.
  • 2 years of experience in a similar role, academic qualification and / or professional designation is required.
  • Strong working knowledge of financial and statistical concepts including modern portfolio theory and asset pricing theory
  • Computer programming experience; MATLAB, Python, SQL, and experience working with large data sets.
  • Ability to explain complex concepts in a clear and concise manner.
  • Ability to manage multiple projects and deadlines while maintaining strict attention to detail.
  • About State Street

    What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

    Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

    Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

    State Street is an equal opportunity and affirmative action employer.

    Discover more at StateStreet.com / career

    Salary Range :

    175,000 - $175,000 Annual

    The range quoted above applies to the role in the location specified. If the candidate would ultimately work outside of the location above, the applicable range could differ.

    Job Application Disclosure :

    It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

    State Street's Speak Up Line

    Salary : $175,000

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