Senior Asset Allocation Strategist, Quantitative Analytics

Senior Asset Allocation Strategist

Russell Investments is seeking a quantitatively skilled investment professional to serve as a Senior Asset Allocation Strategist, focused on designing and delivering multi-asset investment solutions. This role combines asset allocation strategy, quantitative modeling, and investment solution design. This role sits within our Asset Allocation and Investment Solutions team, which is responsible for strategic asset allocation, capital market assumptions, and the design of model portfolios used by U.S. advisors and retail investors.

This is a high-impact role for someone who enjoys applying rigorous quantitative analysis to real-world portfolio design and wants to influence both asset allocation strategy and how investment solutions are built and delivered at scale.

What You'll Do

• Design and develop multi-asset investment solutions, primarily focused in the U.S. Wealth channel
• Build and enhance models supporting asset allocation decisions, including multi-period portfolio construction
• Apply techniques such as Monte Carlo simulation and optimization to evaluate investment strategies
• Translate single-asset class insights into integrated portfolio solutions

Portfolio Construction & Tools

• Contribute to the design and development of portfolio construction methodologies and tools
• Partner with technology teams to implement scalable modeling frameworks and advisor-facing tools
• Support coding and modeling efforts for client solutions and proposals

Thought Leadership & Innovation

• Conduct research on topics such as tax-efficient investing, asset location, retirement income, and withdrawal strategies
• Contribute to written insights that support Russell Investments' market perspective
• Participate selectively in client and industry engagements to share research and insights

Asset Allocation Strategy

• Contribute to strategic asset allocation positioning for multi-asset portfolios, including development of capital market insights and portfolio positioning
• Perform analysis to inform investment implementation decisions

Required Qualifications

• 4-6 years of experience in a capital markets or investment-related role
• Master's degree in finance, economics, or a quantitative discipline (e.g., mathematics, statistics, operations research)
• Proficiency in quantitative analysis using object-oriented programming languages (e.g., Python, C++, or C#)
• Understanding of object-oriented programming and model development
• Familiarity with optimization techniques and Monte Carlo approaches to asset allocation
• Solid foundation in capital markets and portfolio theory
• Ability to analyze complex problems and develop practical, implementable solutions
• Ability to manage multiple projects and priorities effectively

Preferred Qualifications

• CFA, and/or Ph.D. in finance, economics, or a quantitative discipline (e.g., mathematics, statistics, operations research)
• Experience in investment solution design, particularly in retirement, accumulation, or tax-managed investing
• Familiarity with portfolio construction, factor modeling, risk and return attribution, asset return forecasting, and lifecycle finance
• Exposure to actuarial concepts and retirement modeling frameworks
• Strong communication skills, including the ability to present technical concepts to diverse audiences
• Effective writing skills for research and thought leadership

Equal Employment Opportunity

Russell Investments is committed to providing equal employment opportunities for all associates and employment applicants regardless of race, religion, ancestry, creed, color, gender (including gender identity which refers to a person's actual or perceived sex, and includes self-image, appearance, behavior or expression, whether or not different from that traditionally associated with a person's biological sex), age, national origin, citizenship status, disability, medical condition, military status, veteran status, marital status, sexual orientation, past or present unemployment status, or any other characteristic protected by law.