About the position
TITLE: Senior Investment Associate (Quantitative Management Associates LLC – Newark, NJ)
DUTIES: Responsible for analyzing the current infrastructure system to identify and resolve any weaknesses that could impact the strong growth curve of the Core Equity product line. Research and support the current alpha forecasting models for the team. Work closely with the Portfolio Managers to improve the models, continuing to add PM insights into the process. Lead independent research projects by generating creative ideas and rigorous quantitative analysis that includes testing the efficacy of factors, writing production codes, manipulating large sets of data and conducting detailed analysis as required. Analyze financial markets, industry-specific, data to forecast business, industry and economic conditions and trends that help support appropriate investment decisions. Work on enhancements to the portfolio optimization process, and providing support for portfolio construction, performance attribution, and portfolio management activities, including ad–hoc research requests from Portfolio Managers. Help create a back-testing framework that will assist in conducting back-tests of strategies and proposed products. Participate in creating attribution analyses of portfolios along required dimensions.
REQTS: Master’s degree or foreign equivalent in Mathematics, Finance, Applied Economics, or a related field plus five (5) years of experience in the job offered or as a Quantitative Research Analyst, Quantitative Analyst, or a related position. Must have five (5) years of experience working with: advanced statistical methods; data analysis techniques; Python; Java; R; ksh; ssh; SQL; Linux; quantitative alpha research and modeling; portfolio construction and optimization; risk management; equity products; Bloomberg; and simulation.
APPLY: Apply by clicking “Apply” below and following instructions to submit resume.
Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.
We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.
Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status, or any other characteristic protected by law.
Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at email@example.com for more information about doing business with Prudential.