AI and Trading Analytics Researcher - State Street Associates, Assistant Vice President
Who we are looking for:
The AI and Trading Analytics Researcher (Assistant Vice President) will be a member of the AI and Trading Analytics team within State Street Associates, an investment research division of State Street Global Markets. This role will be responsible for developing novel advanced data-driven analytic solutions to meet specific stakeholder needs for a range of internal teams in the Global Markets business. The role will require effective collaboration across many multi-functional research and technology teams, as well as project management and frequent iteration with representatives from a diverse range of markets and trading businesses. The role requires direct involvement in technical design and coding implementation of research-driven solutions, in collaboration with many other research and technology functional teams. Projects will focus on advanced data modeling, including machine learning and artificial intelligence (AI), with emphasis on leveraging existing areas of expertise from State Street Associates' products and academic partnerships. Engaging internal clients in a consultative manner, and delivering polished materials and presentations to drive engagement and adoption, is essential for success. State Street Associates has a track record of helping the world's largest institutional investors and asset managers solve complex problems, manage investment risk, and enhance portfolio performance. The team's headquarters are located in Harvard Square in Cambridge, MA.
Why this role is important to us:
The team you will be joining is a part of State Street Global Markets (SSGM). When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSGM business unit. As our onboarding and operations service partner, the COO has embarked on a transformational effort to add low-code automation tools to drive optimization of our processes and service levels. Our strategy and implementation function in COO, is vital to State Street as a key enabler for our business to deliver data and insights to our end users. We're driving the company's digital
transformation and expanding business capabilities using industry best practices and advanced technologies such as cloud, low and no-code application solutioning and robotics process automation. We offer a collaborative environment where technology skills and innovation are valued in a global
organization. We're looking for top technical talent to join our team and deliver creative technology solutions that help us become an end-to-end, next-generation financial services company.
Join us if you want to grow your technical skills, solve real problems and make your mark on our industry.
What you will be responsible for:
Design and test quantitative models to meet specific trading business needs.Develop code, product specifications, and processes for implementation.Work directly with subject area experts from across many Global Markets businesses to document needs, prototype new ideas, and deliver products.Apply statistics, advanced prediction, machine learning / AI, and other techniques and rigorously test the efficacy of models, strategies, data-driven processes, and infrastructure.
What we value:
We are looking for highly motivated candidates with exceptional quantitative skills and a desire to develop and implement new research ideas in a practical setting.
Education & Preferred Qualifications:
Advanced degree and/or proven experience in a quantitative field such as finance, economics, mathematics, computer science, or a related discipline.3-5 years' work experience in investment management, investment research, data science, or a similar field involving quantitative techniques for data and analysis.Strong familiarity with theoretical and practical concepts in data analytics for investing, statistical analysis, time series forecasting, classical statistics, and machine learning / AI.Strong familiarity with concepts in investment management, asset allocation, risk management, and investment strategy design.Highly proficient coding skills (Python preferred) and attention to detail.Highly effective communication skills and ability to collaborate successfully.
About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Discover more at StateStreet.com/careers
Salary Range:
$175,000 - $175,000 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.