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2023-04-09

Systematic Portfolio Analyst

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Allspring Global Investments
Systematic Portfolio Analyst
San Francisco, CA
150,000 - 170,000
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Job Description

Description

Allspring is a leading asset management firm with close to $600 billion of assets under management, 24 offices globally, and specialized investment teams supported by more than 480 investment professionals. Allspring and our investment teams provide a broad range of differentiated products and solutions to help our diverse range of clients meet their investment objectives. We leverage the diversity of people, ideas, and skills to help our clients pursue their financial goals.

With a rich and established history in the asset management industry, Allspring is now a “start-up at scale” having spun off from Wells Fargo and acquired by GTCR and Reverence Capital Partners in November 2021. The new name, Allspring Global Investments, reflects our commitment to renewal, growth, and meaningful client outcomes. With decades of trusted expertise propelling us forward, we’re a company staying true to our core investment roots while reinventing ourselves to offer today’s investors a fresh perspective.

For more information, please visit www.allspringglobal.com.

​​​Allspring Global Investments (Allspring) is seeking a Systematic Portfolio Analyst for the Systematic Edge team. A successful candidate will help the team develop new and innovative investment products for our investors on Allspring's Systematic Edge's Fixed Income and Remi platform. Remi is Allspring's tech-enabled investment platform driving customizable and tax-managed fixed income and equity SMA strategies. Successful candidate will have the talent, drive, and entrepreneurial spirit to work with large datasets to support the development and implementation of new strategies and enhance existing strategies. Successful candidate will also effectively collaborate with other fundamental and systematic investment teams across Allspring to broaden investment capabilities, and with distribution partners to support adoption of our investment products in the marketplace.

RESPONSIBILITIES

  • Work as part of a systematic investment team looking to design and develop new and innovative investment products.
  • Assist in the design and development of active and passive systematic investment strategies.
  • Play a key role in the SMA platform and strategy development and manage client portfolios using systematic investment approach.
  • Identify new investment insights, leverage investment platform and senior research team to rigorously research these insights to determine their efficacy and orthogonality to existing insights in the products. Seek out new sources of data to support this effort.
  • Design and develop analysis and monitoring tools to achieve best practices in all aspects of the investment process (research, portfolio management, trading, and tax aware attribution).
  • Support the implementation of investment strategies with focus on high-quality execution and transparency.
  • Perform ad hoc analysis for portfolio management and strategy teams.
  • Effectively collaborate with researchers and portfolio managers across the rest of Allspring.

REQUIRED SKILLS

  • Advanced degree in Engineering, Physics, Mathematics, Economics, Finance, Computer Science, or other quantitative discipline.
  • At least 1 year of working experience in building and managing portfolios, portfolio optimization/construction tools/processes etc.
  • Demonstrated ability to conduct high quality empirical research.
  • Relevant experience working with large datasets, quantitative model development and statistical hypothesis testing.
  • Strong understanding of equities and fixed income markets, including drivers of return, risk control and portfolio construction techniques.
  • Demonstrated understanding of needs of taxable investors and ways of meeting those.
  • Excellent quantitative skills, as evidenced by formal training in econometrics or statistics, and extensive experience in utilizing those skills in a research environment.
  • Passion for sourcing and leveraging large datasets to develop new insights about financial markets.
  • Strong understanding of computer technology in financial research, with proficiency in programming (Python), statistical analysis, numerical techniques, and database (SQL) Creativity and out-of-the-box thinking.
  • Excellent teamwork - work cooperatively and effectively in a small team with other researchers and portfolio managers in a fast-paced environment.
  • Excellent written and oral communication skills.

DESIRED SKILLS

  • ​ CFA Charter holder is preferred.

Base Pay Range: $150,000 to $170,000

Salary Range for NYC and CA Candidates only. Actual based may vary based upon, but not limited to, relevant experience, time in role, base salary internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary bonus programs, or other annual or non-annual incentive or sales plans.)

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