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Quantitative Researcher

Quantitative Researcher
New York, US
90,000 - 120,000
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Job Description

Job Description

Who You 'll Work With:

Multi-Asset and Hedge Fund Solutions harness AllianceBernstein’s strength across asset classes and markets, applying an unconstrained approach that results in holistic, integrated solutions tailored to clients' needs. We seek to deliver superior investment outcomes by taking a holistic view across markets, risk premiums and alpha sources. Our approach serves to connect our clients to what's next, helping them build better outcomes.

What You 'll Do:

  • Conduct alpha factor research from scratch to end, including data gathering, ETL, analysis, implementation, back-testing, and model ensemble for systematic equity strategies

  • Conduct research on portfolio optimization, transaction cost, and risk models

  • Maintain and improve existing production and research infrastructure; Review and enhance current implementation

  • Work with PM in the day-to-day investment process, including monitoring portfolio risk exposures, attributing performance drivers, evaluating post-trading transaction cost, etc.

What We 're Looking For:

  • 1-3 years of quantitative research experience in equity strategies, either buy-side or sell-side

  • An MS / Ph.D. degree from quantitative finance, statistics, or other quantitative fields with a strong background in applied mathematics, finance, economics, computational science, and engineering

  • Familiarity with the equity factors framework

  • Good intuition for conducting empirical financial research and strong analytical, statistical, and quantitative skills

  • Strong programming skills and proficiency in SQL, Python, and Matlab

  • Good knowledge of portfolio construction and optimization techniques

  • Research experience working with large data sets, applying statistical and numerical methods. Experience with alternative data is a plus

  • Knowledge of Financial and Macroeconomic databases, like Bloomberg, Compustat, Worldscope, IBES, Datastream, CRSP, etc.

  • Highly organized, strong attention to detail, and effective multitasking and prioritization skills

  • CFA is a plus

Who We Are:

We are a leading global investment management firm offering high-quality research and diversified investment services to institutional clients, retail investors, and private-wealth clients in major markets around the globe. With over 4,000 employees across 57 locations operating in 26 countries and jurisdictions, our ambition is simple: to be the most trusted investment firm in the world. We realize that it's our people who give us a competitive advantage and drive success in the market, and our goal is to create an inclusive culture that rewards hard work.

Our culture of intellectual curiosity and collaboration creates an environment where you can thrive and do your best work. Whether you're producing thought- provoking research, identifying compelling investment opportunities, infusing new technologies into our business or providing thoughtful advice to our clients, we are fully invested in you. If you're ready to challenge your limits and empower your career, join us!

In accordance with Section 8-107(32) as set forth in the New York City Human Rights Law, the minimum and maximum base annual salary for this role is as follows:

Base Salary Range: $90,000-$120,000

Actual base salaries may vary based on factors including but not limited to education, training, experience, past performance, and other job-related factors. Base salary is just one component of total compensation at AB, which may include, depending on eligibility, commissions, year-end incentive compensation, short- and long-term incentives and Department-specific awards. In addition AB provides a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, a retirement savings plan, paid holidays, sick and vacation time off.

People of color, women, and those who identify as LGBTQ people are encouraged to apply. AB does not discriminate against any employee or applicant for employment on the basis of race, color, religion, creed, ancestry, national origin, sex, age, disability, marital status, citizenship status, sexual orientation, gender identity, military or veteran status or any other basis that is prohibited by applicable law. AB’s policies, as well as practices, seek to ensure that employment opportunities are available to all employees and applicants, based solely on job-related criteria.

New York City, New York

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