Weiss Asset Management, a Boston-based investment firm, is seeking a Quantitative Research Assistant to support senior investment professionals. This Quantitative Research Assistant would provide various kinds of support on investment projects. Successful candidates are problem-solvers and self-starters who have produced results. Attention to detail, strong interpersonal, communication, and writing skills, quantitative reasoning ability, and a rigorous work ethic are prerequisites. Finance experience is not required.
A successful Quantitative Research Assistant will have the opportunity to do the following in the first two years:
- Assemble and maintain data sets
- Identify novel sources of and uses for data in investment decision making
- Build reports and run studies to improve existing quantitative strategies
- Backtest, implement, manage, and develop quantitative strategies
- Read, summarize, and highlight economically significant portions of financial documents.
- Investigate trends and investments of competitors in the hedge fund space
- Graduate degree in quantitative or scientific field or 4+ years of experience doing quantitative research in a rigorous environment
- Fluency with (or ability to quickly develop fluency with) R and Python
- Interest in the application of statistical methods to solving investment problems
- Strong interest in understanding market events by exploring and interpreting data
- Strong interest in exploring for additional sources of data and thinking creatively about alternatives uses of data
- Systematic and clear in documentation of results and research
About the Company:
For more than 25 years, Weiss Asset Management has developed proprietary value-based investment strategies designed to deliver high risk-adjusted returns to our investors, who include charitable foundations, pension plans, endowments, hospitals, government entities and private investors. We manage approximately $2 billion across hedge funds and institutional accounts. We work collaboratively to solve problems, and to identify undervalued assets through deep fundamental research, statistical analysis and an analytically rigorous approach to decision making.
We value integrity, intellectual honesty, continuous learning and improvement. We foster creativity and entrepreneurialism. We have an uncompromising commitment to rationality, and we believe that by understanding our mistakes, we make progress. Our culture is more important than any individual and more persistent than any strategy.
Our team of over 65 individuals is the engine of our success and we welcome truly exceptional candidates from all backgrounds.
WAM is a fit for you if:
- You enjoy a collaborative environment, where decisions are made in diverse teams. At WAM, all employees can expect to work directly with members of other departments representing a range of backgrounds.
- You work well in a flat structure and are comfortable voicing dissenting opinion. Talent and work ethic, not titles, will dictate what you can achieve at WAM, as evidenced by the fact that 3 of our 4 managing directors began their careers here as interns.
- You are driven to constantly learn, improve, and make rational decisions based in fact, and you welcome receiving feedback as well as sharing knowledge with others.
- You prioritize acting ethically in all situations.
WAM is an equal opportunity employer.