Quant Research Analyst

Posted:
9/10/2024, 7:21:06 AM

Location(s):
Massachusetts, United States ⋅ Boston, Massachusetts, United States

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Data & Analytics

Workplace Type:
Hybrid

At MFS, you will find a culture that supports you in doing what you do best. Our employees work together to reach better outcomes, favoring the strongest idea over the strongest individual. We put people first and demonstrate care and compassion for our community and each other. Because what we do matters – to us as valued professionals and to the millions of people and institutions who rely on us to help them build more secure and prosperous futures.


THE ROLE

Be part of a team of quantitative analysts and portfolio managers developing and managing a set of quant/fundamental blend equity strategies. Research enhancements to stock selection models, evaluate portfolio construction methodologies and develop production code. Serve as a member of MFS’ Global Sector Teams and work with fundamental researchers & portfolio managers as a representative of the quantitative research group.


WHAT YOU WILL DO

  • Lead independent research projects to evaluate stock selection factors, improve model estimation algorithms and enhance the portfolio construction process.
  • Write production code to enhance the research and portfolio management processes.
  • Work closely with a team of experienced quantitative analysts and portfolio managers to develop a business with roughly $14bn AUM as of 9/30/2023.
  • Contribute to the research agenda: Attend conferences, monitor academic and practitioner research, generate ideas for research projects.
  • Serve as a member of one or more of MFS' Global Sector Teams (composed of fundamental equity, credit and quantitative analysts). Provide team or teams with a quantitative analyst's skills and perspective, e.g. backtest investment signals or provide portfolio construction analysis.


WHAT WE ARE LOOKING FOR

  • Minimum 5 years of relevant industry experience.
  • Ability to structure thoughtful, detail-oriented solutions to complex problems with minimal supervision.
  • Strong written and verbal communications skills, inclusive of the ability to listen and incorporate feedback into one's work.
  • Experience with and strong interest in researching the central issues of quantitative stock selection, e.g. conducting statistical analysis on large datasets, forecasting stock returns using company characteristics and market data.
  • Proficiency in analysis languages, like Python, Matlab, R.
  • Proficiency in SQL.
  • Experience with quantitative equity portfolio construction theory and practice, and with the major vendors in the space, e.g. Axioma, Barra, Northfield.
  • Graduate education in relevant field.
  • Proficiency in C#.
  • Familiarity with financial data software such as Bloomberg or FactSet.

#LI-HYBRID

At MFS, we are dedicated to building a diverse, inclusive and authentic workplace. If you are excited about this role but your past experience doesn't align perfectly, we encourage you to apply - you might be just the right candidate for this role or others.

What we offer:

  • Generous time-off provided: including "Responsible time off" for many roles, paid company holidays when the US Stock Exchange is closed, plus paid volunteer time
  • Family Focus: Up to 20 weeks of paid leave for new parents, back-up care program, dependent care flexible spending account, adoption assistance, generous caregiver leave
  • Health and Welfare: Competitive medical, vision and dental plans, plus tax-free health savings accounts with company contributions
  • Wellness Programs: Robust wellness webinars, employee assistance program, gym reimbursement through our medical plans, fitness center discounts and more
  • Life & Disability Benefits: Company-paid basic life insurance and short-term disability
  • Financial Benefits: 401(k) savings plan, Defined Contribution plan- 15% of base salary invested into the Plan, competitive total compensation programs

MFS is a hybrid work environment (remote/onsite) unless otherwise stated in the job posting.

If any applicant is unable to complete an application or respond to a job opening because of a disability, please contact MFS at 617-954-5000 or email [email protected] for assistance. 

MFS is an Affirmative Action and Equal Opportunity Employer and it is our policy to not discriminate against any employee or applicant for employment because of race, color, religion, sex, national origin, age, marital status, sexual orientation, gender identity, genetic information, disability, veteran status, or any other status protected by federal, state or local laws. Employees and applicants of MFS will not be subject to harassment on the basis of their status. Additionally, retaliation, including intimidation, threats, or coercion, because an employee or applicant has objected to discrimination, engaged or may engage in filing a complaint, assisted in a review, investigation, or hearing or have otherwise sought to obtain their legal rights under any Federal, State, or local EEO law is prohibited. Please see the Know Your Rights: Workplace Discrimination is Illegal document and Pay Transparency Nondiscrimination Provision, linked for your reference.

Investment2020

Website: https://investment2020.org.uk/

Headquarter Location: London, England, United Kingdom

Employee Count: 1-10

Year Founded: 2013

IPO Status: Private

Industries: Finance ⋅ Financial Services ⋅ Impact Investing ⋅ Non Profit