Senior Quantitative Researcher (Boston)

We are looking for a senior researcher to join our Research group. We are a collaborative, data-driven, intellectually rigorous team responsible for coming up with investment ideas, evaluating data sources related to those ideas, codifying those ideas into signals, back-testing the signals, and producing return, risk and trading cost forecasts based on the signals to drive trading decisions. We maintain a friendly, team-oriented environment and place a high value on professionalism, attitude and initiative.As a senior researcher, you will contribute to idea generation and management of high-impact projects that improve the specification and/or implementation of our investment models, as well as research projects that improve portfolio construction decisions in our fully integrated, unified systematic investment process.Qualifications7+ years of experience developing systematic investment strategies, particularly in equity and currency markets and with forecast horizons of days, weeks, or months instead of seconds, minutes, or hoursA creative, rigorous thinker with a demonstrated ability to come up with differentiated alpha research ideas based on investment logic and intuitionExtensive experience performing hands-on quantitative research as an individual contributorExtensive experience managing other researchers on multiple simultaneous research projectsSignificant experience evaluating novel data sourcesExpertise in risk and transaction cost modelingFamiliarity with optimization and portfolio construction in a systematic investment process more generallySignificant experience implementing successful research ideas in a production processExcellent communication skills, including data visualizationStrong analytical, quantitative, and problem-solving skillsUnderstanding of probability, statistics, linear regression, time-series analysis, linear algebra, calculus, optimization and portfolio theoryKnowledge of the application of statistics to economics (including econometrics or regression analysis)Experience with a statistical computing environment such as Python, Stata, R, or MATLABGood understanding of the academic field of empirical asset pricingHigh energy and strong work ethicAn undergraduate degree with an emphasis on challenging quantitative coursework. A graduate degree in a field related to economics, finance, or statistics is a plusThe base salary range for this position is $170,000 - $325,000 per year.Arrowstreet Capital operates a robust talent acquisition program, and we also seek to compensate and reward our employees competitively within our industry and in line with our merit-based culture. Our approach to total compensation includes base salaries and annual discretionary bonuses, as well as a robust benefits package. The determination of a successful candidate’s base salary placement within the listed range will vary based on the candidate’s relevant experience and qualifications (which may also include relevant certifications, credentials and other education), the job responsibilities and scope, the commensurate resulting level of the position and other relevant factors. The listed range is also an estimate, and additional information regarding base salary and other elements of total compensation offered by Arrowstreet Capital to successful applicants will be communicated during the recruitment process. Arrowstreet Capital is a Boston-based systematic investment firm that manages global equity portfolios for institutional investors around the world. All qualified applicants will receive consideration for employment without regard to sex, race, color, religion, national origin, ancestry, genetic information, age, pregnancy, medical condition, disability, veteran or military status, marital status or any other characteristic protected by federal, state, or local law.Arrowstreet Capital is committed to working with and providing reasonable accommodations for qualified individuals with disabilities and disabled veterans. If you need a reasonable accommodation for any part of the employment process due to a disability, contact us to discuss the nature of your request and contact information.SummaryLocation: BostonType: Full time