Jennison Associates
Equity Quant Research Analyst
Jennison Associates, New York, New York, us, 10261
Job Title
Equity Quant Research Analyst
Who We Are
Jennison Associates is a global investment management firm with around $194 billion in Assets under Management spanning across a range of various equity and fixed income investment strategies. Jennison was founded in 1969 on the principle that doing what's best for clients will always be right for the business. Grounded in our firm values of integrity, collaboration and client focus, the mission across all areas of our firm is to deliver superior long-term investment returns and excellence in client service. This singular focus is embedded in our culture and reflected in the way we invest, the service we provide to our clients, and the people we hire. We recognize that each employee plays a key part in achieving our mission, regardless of their role or title. As a result, we continually strive to make Jennison a fulfilling and rewarding place to work for all employees.
Our Function
We are seeking a highly skilled and motivated Quantitative Analyst to join our team. As a Quantitative Analyst, you will play a pivotal role in developing and implementing quant models to analyze financial data, assess risk and enhance investment strategies. If you are passionate about quantitative analysis and thrive in a collaborative environment, we invite you to apply and be a key player in our success.
Your Impact
Your responsibilities will include, but are not limited to the following:
Build proprietary stock-selection models/screens for both fundamental and quant equity long-short strategiesConduct alpha signal research and back-test investment hypothesesResearch portfolio construction/optimization within the context of complex equity portfoliosWork closely with investment teams and other stakeholders to understand their requirements and incorporate feedback into quantitative modelsExplore new and alternative data sets while developing a comprehensive understanding of financial marketsApply cutting edge quantitative techniques to solve complex investment problemsWrite white papers and research reports dedicated to answer investment questionsStay up to date on the most recent academic research and industry trends and constantly strive for improvement and challenge the way things are doneYour Required Skills
Your required skills must include:
Minimum three years of business related experience in asset managementMaster's or Ph.D. in Statistics, Mathematics, Finance/Financial Engineering, Economics, or a related fieldStrong background in econometrics or statisticsExperience in financial modeling, statistical analysis, and risk managementExperience conducting empirical research, including the cleaning, structuring, and analyzing of large data setsExcellent analytical and problem solving skills, with strong attention to detailStrong proficiency in programming languages, particularly Python or RExcellent communication skills to convey complex quantitative concepts to both technical and non-technical stakeholders.Previous experience in asset management or a related field is preferred
What We Offer
Jennison offers a generous benefits package including but not limited to: premier medical benefits, paid time off, a retirement profit sharing plan, wellness reimbursement, fully paid parental leave, family planning support, paid membership to concierge primary care, supplemental mental wellness benefit provides annual allotment of fully paid therapy sessions and unlimited coaching, additional health and wellness benefits, and life insurance. Our hybrid work model provides employees with the flexibility to work remotely 2 days a week.
The base salary range for this role is $125,000 - $150,000. Individual salaries for this role may vary based on various factors including but not limited to, years of experience, range in corporate level, candidate skills, and geographic location. Eligibility to participate in a discretionary annual incentive program is subject to rules governing the program, whereby an award, if any, depends on various factors including but not limited to, individual and organizational performance.
Jennison is committed to treating all applicants and employees fairly and to providing equal opportunity in compliance with applicable federal, state and local laws. Jennison does not and will not discriminate against any employee or applicant for employment on the basis of race, religion, ancestry, color, gender, gender identity, pregnancy, age, physical or mental disability, national origin, marital status, sexual orientation, citizenship status, covered-veteran or military status, genetic information, and/or any other factor protected by law.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
Equity Quant Research Analyst
Who We Are
Jennison Associates is a global investment management firm with around $194 billion in Assets under Management spanning across a range of various equity and fixed income investment strategies. Jennison was founded in 1969 on the principle that doing what's best for clients will always be right for the business. Grounded in our firm values of integrity, collaboration and client focus, the mission across all areas of our firm is to deliver superior long-term investment returns and excellence in client service. This singular focus is embedded in our culture and reflected in the way we invest, the service we provide to our clients, and the people we hire. We recognize that each employee plays a key part in achieving our mission, regardless of their role or title. As a result, we continually strive to make Jennison a fulfilling and rewarding place to work for all employees.
Our Function
We are seeking a highly skilled and motivated Quantitative Analyst to join our team. As a Quantitative Analyst, you will play a pivotal role in developing and implementing quant models to analyze financial data, assess risk and enhance investment strategies. If you are passionate about quantitative analysis and thrive in a collaborative environment, we invite you to apply and be a key player in our success.
Your Impact
Your responsibilities will include, but are not limited to the following:
Build proprietary stock-selection models/screens for both fundamental and quant equity long-short strategiesConduct alpha signal research and back-test investment hypothesesResearch portfolio construction/optimization within the context of complex equity portfoliosWork closely with investment teams and other stakeholders to understand their requirements and incorporate feedback into quantitative modelsExplore new and alternative data sets while developing a comprehensive understanding of financial marketsApply cutting edge quantitative techniques to solve complex investment problemsWrite white papers and research reports dedicated to answer investment questionsStay up to date on the most recent academic research and industry trends and constantly strive for improvement and challenge the way things are doneYour Required Skills
Your required skills must include:
Minimum three years of business related experience in asset managementMaster's or Ph.D. in Statistics, Mathematics, Finance/Financial Engineering, Economics, or a related fieldStrong background in econometrics or statisticsExperience in financial modeling, statistical analysis, and risk managementExperience conducting empirical research, including the cleaning, structuring, and analyzing of large data setsExcellent analytical and problem solving skills, with strong attention to detailStrong proficiency in programming languages, particularly Python or RExcellent communication skills to convey complex quantitative concepts to both technical and non-technical stakeholders.Previous experience in asset management or a related field is preferred
What We Offer
Jennison offers a generous benefits package including but not limited to: premier medical benefits, paid time off, a retirement profit sharing plan, wellness reimbursement, fully paid parental leave, family planning support, paid membership to concierge primary care, supplemental mental wellness benefit provides annual allotment of fully paid therapy sessions and unlimited coaching, additional health and wellness benefits, and life insurance. Our hybrid work model provides employees with the flexibility to work remotely 2 days a week.
The base salary range for this role is $125,000 - $150,000. Individual salaries for this role may vary based on various factors including but not limited to, years of experience, range in corporate level, candidate skills, and geographic location. Eligibility to participate in a discretionary annual incentive program is subject to rules governing the program, whereby an award, if any, depends on various factors including but not limited to, individual and organizational performance.
Jennison is committed to treating all applicants and employees fairly and to providing equal opportunity in compliance with applicable federal, state and local laws. Jennison does not and will not discriminate against any employee or applicant for employment on the basis of race, religion, ancestry, color, gender, gender identity, pregnancy, age, physical or mental disability, national origin, marital status, sexual orientation, citizenship status, covered-veteran or military status, genetic information, and/or any other factor protected by law.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)