Register
Recruit Create CV
Unfortunately, this job posting is expired.
Don't worry, we can still help! Below, please find related information to help you with your job search.
Related keywords
Some similar recruitments
Opps & Analytics Associate (Ms)
Recruited by ACA Group 1 year ago Address , Remote
Corporate & Investment Bank - Control Management - Associate
Recruited by JPMorgan Chase Bank, N.A. 1 year ago Address , Tampa, Fl
Quantitative Developer Jobs
Recruited by Corebridge Financial 1 year ago Address , Wilton, Ct
Quantitative Analyst Jobs
Recruited by Charles Schwab 1 year ago Address , Lone Tree, 80124, Co $87,800 - $195,200 a year
Quant Analytics Sr. Associate - Fair And Responsible Banking Analytics
Recruited by KeyBank 1 year ago Address , Remote $100,000 - $120,000 a year

Investment Associate - Quantitative

Company

State of Iowa Talent Gateway
Address , Des Moines, 50321
Employment type FULL_TIME
Salary $107,536 - $152,942 a year
Expires 2023-11-24
Posted at 9 months ago
Job Description
The Iowa Public Employees’ Retirement System (IPERS) is seeking qualified candidates for an Investment Associate – Quantitative position. IPERS is the state’s largest public retirement system serving over 375,000 active, inactive, and retired members covering public employees across Iowa.

An individual in this position will be responsible for designing and building scalable cloud-based financial data processing systems, as well as implementing machine learning pipelines. The position involves implementing and learning leading edge fintech strategies in the defined benefit pension space. Opportunities involve networking and developing relationships with best-in-class investment firms, as well as access to the latest research and best ideas. Collaboration with senior staff investors provides mentorship and individual development from institutional portfolio managers and traders. Finally, staff are provided with the autonomy and latitude to develop and test new ideas and are encouraged to seek out continuous improvement by deepening their domain knowledge in the finance and quantitative spaces.

Job Requirements:
  • Work well in a collaborative environment, encouraging knowledge sharing and the application of new and different methodologies
  • Contribute quantitative support and analysis for investment research involving:
  • Design and build a quantitative research platform for investment analysis and strategy prototyping. Manage and maintain platform data, applications, and models
  • Derivatives trading
  • Scenario Analysis
  • Strategic and tactical asset allocation
  • Performance attribution/decomposition
  • Alternative risk premia
  • Risk management
  • Portfolio optimization and construction of systematic strategies
  • External manager evaluation, selection, and ongoing monitoring
  • Participate with senior investment officers in strategy implementation, trading, and portfolio management.
  • Communicate opinions and ideas to the CIO and senior investment staff
  • Create and present materials for review by IPERS Investment Board
  • Actively participate in a mission driven culture
Desirable Criteria:
  • Knowledge and experience conducting modeling exercises in R, Python, or SQL
  • Skills: AWS, Snowflake Cloud, Matillion, MS Excel, Access, Power BI
  • Knowledge of financial instruments including derivatives, swaps, options, and futures
  • Design and development experience in data science and/or text analytics platforms
  • Proficiency with financial data management and warehousing

Finalists will be subject to a background check.

Minimum Qualification Requirements

Applicants must meet at least one of the following minimum requirements to qualify for positions in this job classification:

1) Graduation from an accredited four-year college or university with a degree in finance, economics, business administration, or a quantitative field (e.g., mathematics, engineering, computational finance, physics, etc.), and experience equal to three years of full-time work in investment portfolio management or investment or quantitative research for an investment or banking firm, public or private pension system, public or private foundation or endowment, or treasurer's office.
2) All of the following (a and b):

a. Three years of full-time work experience in investment portfolio management or investment or quantitative research for an investment or banking firm, public or private pension system, public or private foundation or endowment, or treasurer's office; and
b. A total of four years of education and/or full-time experience (as described in part a), where thirty semester hours of accredited college or university course work in finance, economics, business administration, or a quantitative field (e.g., mathematics, engineering, computational finance, physics, etc.) equals one year of full-time experience.

For additional information, please click on this link to view the job description. (Download PDF reader)


Join Us!
Whether it's caring for those in need, making highways safer, or improving agriculture production, the work that we do matters to the people of Iowa.

We take our responsibilities and the public trust very seriously. We are committed to delivering the services that matter most to the people of Iowa. If you have the skills, the commitment and the desire to make a difference, then we invite you to explore the career opportunities available with the State of Iowa.

Career Choices
State government is one of the largest employers in Iowa, and also one of the most diverse. From state trooper to nurse to engineer, the state offers a wide variety of career opportunities.

Benefits
The state offers paid vacation, sick time and holidays, a defined benefit retirement plan, health, dental, vision, and long-term disability insurance along with flexible spending accounts. For more information, please visit the executive branch employee benefits website.

The State of Iowa is committed to providing an outstanding employment experience. Check out this Benefits Beyond the Paycheck brochure (Download PDF reader).