Quantitative Developer - Equity Factor Model
The Quantitative Developer - Equity Factor Model position at Example Corp involves joining the Equity Factor Risk Model Research Technology Team, which is responsible for designing and developing equity portfolio analytics frameworks, including MSCI Barra equity factor risk models. This role offers the opportunity to work remotely within North America.
Key responsibilities include building expertise in Barra and proprietary factor risk models, developing infrastructure for optimal data extraction, transformation, and loading using SQL and big data technologies, and implementing internal process improvements such as automating manual processes and optimizing data pipelines. The role also involves collaborating with the portfolio research team to integrate new analytics models into the firm's delivery platforms, performing extensive back-testing of risk factor models, and supporting risk management and equity portfolio research processes.
Candidates should have a minimum of 5 years of software development experience in finance or top-tier technology companies, a broad understanding of equity markets and portfolio construction, and strong knowledge of software design, including algorithms and object-oriented design. Proficiency in R and Python programming (with at least 5 years of professional development experience) is required, along with hands-on experience in scaling R to big data and advanced SQL skills. Experience with big data analytics engines, particularly Apache Spark, is also necessary. Strong communication skills are essential due to direct interaction with risk management and trading teams.
While specific compensation details are not provided, Example Corp offers a comprehensive benefits package that includes medical, dental, vision, life, and other insurance options; a fully vested 401(k) retirement savings plan with company matching; an employee stock ownership program; family-building benefits; an employee assistance program; and various reimbursements and activities that enhance associates' well-being.
Example Corp is dedicated to providing innovative and effective solutions to businesses of all sizes, empowering clients to achieve their goals through cutting-edge technology and exceptional service. The company fosters a dynamic and collaborative environment focused on innovation, employee growth, and work-life balance, promoting open communication and teamwork.