Quantitative Analyst

Title of the Job: Quantitative Analyst

Location: Montreal, QC

Job Description: Summary:

• Research, develop, test, implement and maintain quantitative risk models.
• Assist the alpha forecasting process, the development of new quantitative equity strategies and client reporting.
• Test models under different scenarios. Use various modelling techniques: from traditional statistical methods to factor modeling and advanced machine learning.
• The role requires strong teamwork and the ability to perform effectively under pressure in a fast-paced, working environment with attention to details.

Responsibilities:

• Apply specialized skills and fundamental data science methods such as predictive modeling, time series forecast or deep learning, to build risk forecasting models used to manage equity portfolios. Ensure models are properly documented, tested, and vetted as per regulatory and audit requirements.
• Help in the management of client AM’s Quantitative Equity mandates.
• Design, prototype, test, and document enhancements to the existing forecasting models.
• Support the client portfolio management and relationship management teams for ad-hoc analysis.
• Continuously evaluate relevance of forecasting models and research for the current product mix and market conditions.
• Stay on top of economic and market conditions impacting the portfolios.
• Closely monitor and understand each strategy’s intended and unintended risks, and the underlying drivers of their P&L.
• Review, understand and vet changes in model preferences over time.
• Work closely with client AM’s data, quantitative research, portfolio management and risk management teams to evaluate and monitor the impact of various strategies.
• Coordinate with internal partners in the technology and business analyst teams to specify requirements for improvements to upstream systems needed by our team.
• Test and validate applications on the quantitative equity portfolio management system.

Job Requirements:

• We are looking for a candidate with a strong technical and quantitative expertise to join a dynamic team of investment professionals. We are looking for someone with proven quantitative skills, a propensity for teamwork, and a demonstrated ability to communicate effectively. The ideal candidate will have the following:

o Highly motivated, feeling exiting to persistently pursue insights with weak statistical relationship.
o Collaborative mindset with independent research skill, willing to take ownership of his/her work.Must Have:

• Proven proficiency in Python and related packages. Strong familiarity with SQL and relational databases.
• Strong command of foundations of applied statistics and linear algebra.
• Finance industry 2yrs
• Ideally 2+ years of experience in a quantitative investment research or data science role.

Nice to have:

• Knowledge of MATLAB and experience working with unstructured data BARRA , APT
• Knowledge or experience in multifactor equity or risk modeling, including multi-factor models Northfield or Axioma; risk management metrics and methods such as VaR and stress testing models.

Job Details12537Contract12 monthsMontreal

Company Name: ProViso Consulting

Salary:

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