At Schwab, you're empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us "challenge the status quo" and transform the finance industry together. We are looking for a Quantitative Developer to join Schwab Asset Management's (SAM) Thematic Investing team, which is responsible for the systematic, data-driven thematic investing products. The team develops Natural Language Processing models, explores alternative data, and builds portfolio const... more details
Associate Research Analyst
Job LocationsUS-CA-San Francisco
Requisition ID
2024-101229
Posted Date
16 hours ago(6/24/2024 5:02 PM)
Category
Investment Research & Management
Application deadline
6/26/2024
Position Type
Full time
Your Opportunity
At Schwab, you’re empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us “challenge the status quo” and transform the finance industry together.
We are looking for a Quantitative Developer to join Schwab Asset Management’s (SAM) Thematic Investing team, which is responsible for the systematic, data-driven thematic investing products. The team develops Natural Language Processing models, explores alternative data, and builds portfolio construction algorithms and backtest engines. As part of the research team, the quantitative developer will be an integral part of the investing process, implementing the models and infrastructure that power the investment products.
The Thematic Investing team is part of SAM’s Quantitative Innovation team, which provides research support for SAM equity and fixed-income offerings, including Schwab Personalized Indexing (the firm’s direct indexing offer) and Multi-Asset Research. Working closely with portfolio managers, technology partners, and product and sales teams, the research team is an integral part developing and delivering top-quality research and investment product. This is a great opportunity for moving to a quant role on the buy-side.
Key job responsibilities will include, but not be limited to:
Developing both exploratory analysis and production code, primarily in Python, for analyzing data, backtesting investment strategies and monitoring existing products
Applying data science, including Natural Language Processing and data engineering, to process and analyze unstructured data to provide investment insights
Maintaining large-scale financial data and applying risk models to build equity investment strategies
Collaborating closely with engineers and researchers to turn research ideas into production code and investing products
What you have
Required Qualifications:
2+ years of experience developing software and data systems
Experience with object-oriented Python and demonstrated ability to write clean, maintainable and robust production code
Bachelor’s, Master’s or PhD degree in Computer Science, Financial Engineering, Financial Mathematics, Statistics or another highly quantitative field
Preferred Qualifications:
Firm grasp of applied statistical concepts and techniques, including probability, regression and time series analysis
Experience with financial data and systematic investing strategies
Driven, self-motivator with attention to detail
Intellectual curiosity and strong problem solving and critical thinking skills
In addition to the salary range, this role is also eligible for bonus or incentive opportunities.
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Why work for us?
Own Your Tomorrow embodies everything we do! We are committed to helping our employees ignite their potential and achieve their dreams. Our employees get to play a central role in reinventing a multi-trillion-dollar industry, creating a better, more modern way to build and manage wealth.
Benefits: A competitive and flexible package designed to empower you for today and tomorrow. We offer a competitive and flexible package designed to help you make the most of your life at work and at home—today and in the future.
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