FactSet

FactSet creates flexible, open data and software solutions for over 180,000 investment professionals around the globe. We stay ahead of global market trends, power robust company and industry research, and provide comprehensive data with our market-leading solutions.

We believe today’s talent powers tomorrow’s innovations. As a globally inclusive community, we bring our whole selves to work, and encourage employees to join in, be heard, contribute, and grow. Our work environment fosters diversity, engagement, and productivity because we know that great ideas can come from anyone, at any time.

Your Team's Impact

As part of FactSet’s Institutional Buy-Side Middle Office Solutions Unit our Risk Quantitative Research and Development team (Risk QRD) is responsible for researching and developing FactSet’s in-house factor based multi-asset class (MAC) risk models. That includes linear factor modeling, risk factors multivariate distribution fitting and Monte Carlo simulation, Full-valuation MAC risk modeling, among others. This is a global team that consists of self-motivated, articulate and highly skilled professionals. A unique blend of people with strong quantitative and technical skills.

The Lead Quantitative Researcher will lead research into enhancing the quality and coverage of FactSet’s advanced quantitative analytics offerings. The Lead Quantitative Researcher is responsible for multiple distinct analytical modules or a large singular domain. Close collaboration with Product, Software engineering and Model Validation groups during the software product development lifecycle is expected. The role requires in-depth knowledge of quantitative finance, the financial markets and quantitative analytics software development. In addition, frequent contact with sales, consulting and clients is required.

What You'll Do

• Align the research direction and execute on factor risk models pipeline for FDS MAC Risk solution with focus on private assets and alternatives, including private credit, direct real estate, hedge funds, infrastructure, etc.
• ensure high quality risk models through use of extensive model testing and documentation
• review the current versions of the models and perform in-depth research aligned with the established market industry standards and the recent trends in both academic and practical studies
• prototype and implement in python the respective next generation of the given sub-model
• work closely with Head of Risk Research and marketing to write, publish, and promote research papers and insight articles
• transfer knowledge on the respective models to internal and external stakeholders
• present and provide guidance on model usage and interpretation of results

What We're Looking For

Required Skills

• Advanced degree in Science, Technology, Engineering or Mathematics (PhD preferred)
• 10+ years of experience in quantitative risk modeling and/or quantitative portfolio management
• Solid understanding of the risk drivers in the various asset classes.
• Very strong quantitative research and software development skills using Python, C++, Java or R
• Strong leadership, communication, and interpersonal skills
• Detail-oriented with the ability to see the big picture
• Enthusiasm, strong sense of initiative and projects ownership capacity
• Willingness to travel for client visits and speaking engagements

Desired Skills

• Experience in building market risk models for alternative investments
• Algorithms development, optimizing and scaling up time consuming code
• Experience with collaborative development best practices, such as roadmap planning, VCS, automated testing, code reviews, etc.

What's In It For You

At FactSet, our people are our greatest asset, and our culture is our biggest competitive advantage. Being a FactSetter means:

• Contributing to a firm with over 40 years of consecutive growth, named a 2023 Best Place to Work by Glassdoor and led by a top-rated CEO Talent Champion.
• Support for your total well-being. This includes health, life, and disability insurance, as well as retirement savings plans and a discounted employee stock purchase program, plus paid time off for holidays, family leave, and companywide wellness days.
• Flexible work accommodations. We value work/life harmony and offer our employees a range of accommodations to help them achieve success both at work and in their personal lives.
• A global community dedicated to volunteerism, sustainability, and inclusivity, where collaboration is always encouraged, and individuality drives solutions.
• Career progression plans with dedicated time each month for learning and development.
• Employee-led Business Resource Groups that align with our DE&I strategy and are wholly supported by Executive Management.

Learn more about our benefits here.

Returning from a break?

We are here to support you! If you have taken time out of the workforce and are looking to return, we encourage you to apply and chat with our recruiters about our available support to help you relaunch your career.

At FactSet, we celebrate diversity of thought, experience, and perspective. We are committed to disrupting bias and a transparent hiring process. All qualified applicants will be considered for employment regardless of race, color, ancestry, ethnicity, religion, sex, national origin, gender expression, sexual orientation, age, citizenship, marital status, disability, gender identity, family status or veteran status. FactSet participates in E-Verify.

Salary is just one component of our compensation package and is based on several factors including but not limited to education, work experience, and certifications.