Quantitative Analyst

Ameriprise Financial Inc

Boston, MA

JOB DETAILS
SALARY
$125,000–$140,000 Per Year
SKILLS
Analysis Skills, Annuities, Asset Management, Chartered Financial Analyst (CFA), Communication Skills, Compensation and Benefits, Computer Programming, Construction, Content Development, Customer Relations, Data Analysis, Data Sets, Detail Oriented, Diversity, Due Diligence, Econometric Modeling, Economics, Equity Securities, Finance, Fundamental Analysis, Insurance, Investment Management, Investment Strategy, Machine Learning, Mathematics, Performance Modeling, Philosophy, Presentation/Verbal Skills, Problem Solving Skills, Production Systems, Python Programming/Scripting Language, Quantitative Analysis, Quantitative Research, R Programming Language, Research & Development (R&D), Statistical Modeling, Statistics, Stock Market, Strategic Analysis, Systems Analysis, Team Player, Thought Leadership, Time Management, Writing Skills
LOCATION
Boston, MA
POSTED
30+ days ago

About Our Company

Working at Columbia Threadneedle Investments youll find growth and career opportunities across all of our businesses. Were intentionally built to help you succeed. Our reach is expansive with a Columbia Threadneedle Investments global team of 2,300 people working together. Our capability is diverse with more than 550 investment professionals sharing global perspectives across all major asset classes and markets. Our clients have access to a broad array of investment strategies, and we have the capability to create bespoke solutions matched to clients specific requirements. Our unwavering focus on our clients and strong financial foundation connects each of our enterprise businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities.

Job Description

The Quantitative Equity Research team at Columbia Threadneedle Investments is seeking a Quantitative Analyst. The team develops and maintains a comprehensive suite of stock selection models that generate insights for both systematic and fundamental investment strategies. The analyst will research stock selection signals, develop alpha models, and refine portfolio construction methodologies. The role also involves enhancing the teams research and analytics platforms and sharing responsibility for implementing and maintaining quantitative models in production as well as developing new models. The analyst will collaborate with fundamental research analysts and portfolio managers across the organization to exchange ideas, communicate insights, and broaden their expertise across various investment strategies.

Key Responsibilities

  • Contribute to research projects through idea generation, data preparation, statistical analysis, and development of actionable recommendations
  • Evaluate innovative techniques to extract tradable signals from large datasets
  • Research and develop advanced model construction methodologies
  • Enhance the teams research infrastructure, production systems, and analytics capabilities
  • Present research findings to key stakeholders and develop thought leadership content
  • Monitor and analyze factor and model performance, and providing regular insights within the firm
  • Perform due diligence on model output, and address inquiries from investment teams

Required Qualifications

  • Bachelors degree in a Mathematics, Statistics, Finance, Economics, or related field
  • Minimum 3 years of experience in quantitative investment research
  • Deep understanding of statistical modeling, econometric analysis, and machine learning approaches, with demonstrated ability to apply these techniques to investment problem
  • Advanced analytical and quantitative problem-solving skills
  • Strong programming skills with proficiency in Python, R, or similar data analysis languages
  • Excellent written and verbal communication skills with ability to explain technical concepts effectively
  • Demonstrated intellectual curiosity and passion for financial markets
  • Keen attention to detail with track record of delivering accurate work within deadlines
  • Collaborative mindset with proven ability to work effectively in a team environment

Preferred Qualifications

  • CFA charterholder or candidate preferred

Base Pay Salary

The estimated base salary for this role is $125,000- $140,000 / year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Exempt

Job Family Group

Investment Management

Line of Business

AMINV US Asset Management

Columbia Threadneedle is a people business, and we recognise that our success is due to our talented people, who bring diversity of thought, complementary skills and capabilities. We are committed to fostering an inclusive and performance-based culture where everyone can belong, grow, contribute and realise their potential. Columbia Threadneedle is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law. We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.

About the Company

A

Ameriprise Financial Inc

About Ameriprise Financial

Ameriprise Financial combines a team-based atmosphere with an entrepreneurial spirit. We are an organization that emphasizes learning and growth, rewards you for your achievements and fosters a healthy work/life balance.

From our Minneapolis headquarters throughout our offices nationwide, you'll find we live our values every day — client focused, integrity always, excellence in all we do and respect for individuals and communities. We embrace diversity in our ideas, management, employee groups and clients.

Our Investment in You

We provide employees and branch advisors with competitive compensation and rewards. Our comprehensive benefits support your health and help you balance your career and personal life. Ameriprise invests in you through compensation, retirement savings, health benefits, wellness programs, work/life balance programs, veteran benefits, etc.

Your Career at Ameriprise

When you join our corporate team, you receive competitive compensation and incentives, opportunities to share in the company's success plus comprehensive benefits. Our employees also enjoy business resource networks, transportation assistance, community service opportunities, and an on-site cafeteria.

Search Open Positions and Apply

Learn More About Joining Ameriprise

Thrive in a Respectful, Supportive Environment

We have a diverse, values-based culture that embraces individual differences and encourages you to perform at your peak. We recognize your achievements and understand that work is one of the many important aspects in your life. While maintaining respect for that life balance, we help you advance your career and reach your goals.

Learn More About Diversity and Inclusion at Ameriprise

Build a Career that Matters to You

At Ameriprise Financial, we believe that learning is a lifelong endeavor. No matter where you are in your career path, we encourage all employees to take advantage of our professional development programs, offered in a variety of ways. Learn on your own, collaborate with a peer or work with an experienced colleague. Whatever your learning style, Ameriprise gives you the opportunity to reach your potential.

Being an Ameriprise Advisor

Join a strong, ethical company that offers you what you need to build a rewarding career as a financial advisor: Culture & Commitment, Dedication & Support, and Opportunity & Rewards. Ameriprise is committed to helping you achieve the vision you have for your practice. With training in financial planning and the backing of a strong, stable FORTUNE 500® company, you’ll discover unparalleled culture, support, and opportunities to build a successful practice. That’s the Ameriprise Difference.

Learn More About Ameriprise Advisor Support

Opportunities for Students

Join an inclusive team to gain career-building skills and network in a supportive, high-energy, team-based atmosphere. Learn through real-world work and collaboration with leaders on projects that produce results through our Internship Program or gain valuable professional experience and build leadership skills through our full-time Leadership Development Program. You’ll also engage in team-building/social events, volunteer activities, executive leadership seminars, and networking opportunities.

Search Open Opportunities

 

COMPANY SIZE
10,000 employees or more
INDUSTRY
Financial Services
FOUNDED
1894
WEBSITE
https://www.ameriprise.com/careers