About Northern Trust:

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

ROLE SUMMARY

Support a global quantitative strategies team (USA, Amsterdam, Australia, Hong Kong, Bengaluru, and London) in building a cutting-edge quantitative research and production cloud based platform.

PRIMARY DUTIES AND RESPONSIBILITIES

Lead implementation of new portfolio construction methods and alpha strategies in production.
Migrate existing on-prem research environment to Azure cloud.
Liaison between researchers, strategists, and portfolio management teams.
Work with MRMG (Model Risk Management Group) to communicate and validate model changes.
Function as a domain expert, advisor, and product manager to full stack software engineers.
Ideate and analyze solutions to business problems related to computation at scale, portfolio analytics and visualizations.
Build tools for quantitative strategy analysis and use these tools to provide a lens into factor exposures, portfolio analytics and risk metrics.
Automate strategy backtesting, monthly factor pricing and returns, and PFA processes (Portfolio Factor Analysis).
Perform Product Manager duties with a focus on delivering robust solutions on time.

REQUIRED KNOWLEDGE AND SKILLS

Knowledge of investments and the financial markets (equity, fixed income, futures, options) usually acquired by an advanced degree or related experience.
Experience with relational databases, DevOps, GIT, and cloud technologies (Azure preferred) .
Solid programming ability in Python (Pandas), SQL , React, Databricks Workflows and PySpark (Notebooks) languages desirable.
Knowledge of RDBMS platforms (Oracle, Databricks Delta Tables and Snowflake).
Familiarity with Factset and Bloomberg Data platforms and using APIs.
Must have experience with SDLC, agile development, version control and software patterns.
Background in statistics and econometrics: cross-sectional and time series regression analysis, and risk models (Barra).
Fundamental knowledge of signals, factors, and systematic investing strategies in regard to equity and fixed income asset classes.
An understanding of machine learning, optimization, transaction cost modelling, or data visualization is a plus.
Familiarity with Environmental, Social, and Governance (ESG) investing is a plus.
Experience with Axioma Optimizer and Aladdin portfolio management software a plus.

REQUIRED EXPERIENCE AND EDUCATION

Master’s degree in finance, economics, mathematics, or computer science field preferred.
7+ years of experience work in the quantitative investment and technology domain.
Buy-side investment management experience preferred.

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.

We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.

Sr. Quant Engineer - Quant Strategies Group