Quantitative Research Analyst

Houston, USA
Not Specified
Jan 18, 2018
Jan 31, 2018
Job Function
Industry Sector
Finance - General
Employment Type
Full Time

Invesco is a leading global asset management firm with more than $858B* in assets under management. We provide our retail and institutional clients a diverse and comprehensive range of investment capabilities to help people get more out of life. Invesco is publicly traded on the New York Stock Exchange (IVZ) and has about 7,000 employees in over 20 countries. (*As of June 30, 2017)

Job Purpose (Job Summary):
The Quantitative Analyst is responsible for conducting quantitative and statistical analysis on investments of various assets classes and can convey this research to internal clients in a practical, concise manner.

Key Responsibilities / Duties:

  • Generates new ideas and investment concepts for research that impact the investment process

  • Perform quantitative and statistical analysis of current and potential holdings in multiple asset markets

  • Works with portfolio management team to assess securities within investment objectives and fund restrictions for the retail and institutional portfolios

  • Design, construct, test and implement tactical and strategic allocation models and expand strategic forecasts coverage

  • Research various topics including stock selection, macro forecasting and multi-asset allocation models

  • Follow, update and incorporate academic research into the portfolio management and asset allocation process

  • Design and maintain procedures and tools that make data management and investment research more efficient

  • Develop and maintains routine quantitative reports on an as-needed

  • Handle daily trades and quarterly rebalances of Invesco Global Solutions' product suite

Work Experience / Knowledge:

  • A minimum of two years experience in the quantitative analysis of multiple asset classes in an asset allocation framework or educational equivalent

  • Experience in strategic / tactical asset allocation analysis at a reputable retail/institutional investment firm is a plus

Skills / Other Personal Attributes Required:

  • Ability to comprehend and apply statistical and quantitative methodologies

  • Ability to combine accounting and financial principles, investment fundamentals, and quantitative tools

  • Strong programming skills in R or Matlab

  • Experience in working with large data to perform statistical and quantitative analysis

  • Experience in building and maintaining a research database (preferably SQL)

  • Ability to communicate effectively with a variety of individuals and range of investment backgrounds

  • Effective written and verbal communication skills

  • Superior organization skills and prove ability to attend to details

  • Ability to prioritize work and allocate time effectively to maximize impact to investment process

  • Ability to concentrate on detailed information for up to 50 - 75% of the work time

Formal Education: (minimum requirement to perform job duties)

  • Advanced degrees in quantitative disciplines such as finance, financial engineering, or econometrics is required. PhD is strongly preferred but not required

License/Registration/Certification: (minimum requirement to perform job duties)

  • Some progress toward CFA designation or interest shown in the designation is required

Working Conditions:

  • Normal office environment with little exposure to excessive noise, dust and temperatures

  • Required to push, pull, lift or otherwise move weights up to 10 pounds

  • Required to sit for up to 90% of the work day

  • Typically works hours consistent with the hours of various financial markets and may be required to work additional hours as needed to attend evening or other functions

FLSA (US Only): Exempt

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. The job holder may be required to perform other duties as deemed appropriate by their manager from time to time. Invesco's culture of inclusivity and its commitment to diversity in the workplace are demonstrated through our people practices. We are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, creed, color, religion, sex, gender, gender identity, sexual orientation, marital status, national origin, citizenship status, disability, age, or veteran status. Our equal opportunity employment efforts comply with all applicable U.S. state and federal laws governing non-discrimination in employment.