LOS ANGELES CAPITAL MANAGEMENT LLC is hiring: Research Analyst in Los Angeles
LOS ANGELES CAPITAL MANAGEMENT LLC, Los Angeles, CA, United States
Job Description
RESEARCH ANALYST
About the Firm
Firm Mission
“Achieving Client Success through Research and Technology”
Los Angeles Capital, the “Firm”, is a global equity manager of assets for leading institutions around the world. The Firm is recognized as a pioneer in dynamic equity management, utilizing proprietary technology to engineer equity portfolios that adapt to today’s equity market. The Firm’s senior investment professionals have worked together for three decades developing models for measuring and forecasting return and risk of global equity securities. The Firm manages approximately $31 billion as of December 1, 2023, across a wide variety of public equity strategies designed to meet institutional client return and risk objectives. The Firm has been ranked for seven years in a row by Pensions and Investments as one of the “Best Places to Work in Money Management.” The Firm’s working environment places a strong focus on teamwork and values work-life balance. The Firm offers a competitive compensation package that includes health care plans, 401(k), and top-tier benefits. The Firm is 100% employee-owned through a holding company structure and seeks to retain and motivate employees’ long term. Los Angeles Capital firmly believes the quality and commitment of the individuals are vital to the success of the Firm, ensuring that client expectations are exceeded.
Position Overview:
Reporting to the Director of Research Operations, the Research Analyst will support the Research Directors and Associate Directors to enhance the firm’s quantitative stock selection models and the firm’s risk models. The analyst will build appropriate data pipelines, assist with feature engineering, and help with the design and implementation of various predictive models.
Key Job Responsibilities
- Assist with mapping security identifiers across time and across vendors
- Work in Snowflake to build custom views that combine data sets from multiple sources
- Assist with data prep including outlier detection, data imputation, aggregating or removing duplicate records, and data standardization.
- Build Dashboards to visualize the distribution of model inputs across time, size, and global regions
- Build Dashboards to visualize and summarize model outputs
- Evaluate model results using cross-validated mean-squared errors and out of sample portfolio performance
- Assist with model selection and recommend parameter choices
- Present findings and recommendations to Chief Research Officer and Chief Investment Office.
Skills and Knowledge Required
- Master’s degree in finance or quantitative field (data science, math, economics, etc.)
- 0-3 years of experience
- Strong analytics and problem-solving skills
- Excellent oral and written communication skills including the ability to communicate technical results in simple, effective terms
- Hands-on database experience (SQL or No-SQL) building custom queries, views, joins, and stored procedures
- Knowledge of python and common data science libraries such as numpy and SKlearn.
- Hands-on model building experience from data acquisition, data prep, to model selection and model validation.
Skills and Knowledge Desired
- Knowledge of financial data (split adjustments, dividend adjusted returns, price-to-earnings ratios, market cap, Beta, etc.)
- Experience with Snowflake
- Experience with Databricks and Spark
This is a hybrid position based in Los Angeles, CA which requires weekly attendance.
Apply today!
Los Angeles Capital is an SEC registered investment adviser and required to track certain political contributions under rule 206(4)-5. Therefore, you will be required to disclose your prior political contributions.
Los Angeles Capital is an Affirmative Action/Equal Opportunity Employer committed to providing employment opportunity without regard to an individual’s race, color, religion, age, gender, gender identity, sexual orientation, national origin, ancestry, marital status, medical condition, genetic information, veteran status or disability.
For more information about the company, please refer to our website at www.lacapm.com.
Personnel/Applicant Privacy Notice
Los Angeles Capital is committed to safeguarding the privacy of our personnel and job applicants. Los Angeles Capital does not "sell" (as that term is defined in the CCPA) your personal information. Please see the privacy notice for details: https://lacapm.com/files/9H6wltimZGhE/california-personnel-and-job-applicant-privacy-notice.pdf.