Quantitative Manager Job Description
Quantitative manager
provides technical and financial modeling expertise to build complex and sophisticated Retail Credit Risk quantitative models used for stress testing (including Comprehensive Capital Analysis and Review (CCAR), Dodd-Frank Act Stress Testing (DFAST)) and allowance calculations under IAS-39, IFRS-9 and CECL accounting standards.
Quantitative Manager Duties & Responsibilities
To write an effective quantitative manager job description, begin by listing detailed duties, responsibilities and expectations. We have included quantitative manager job description templates that you can modify and use.
Sample responsibilities for this position include:
Lead & manage teams to build the necessary data repositories for research and implementation of quant models and applications
Support the Global Embedded Risk and Investment Director team by taking ownership of internal infrastructure and reporting
Candidate will be responsible for daily production and distribution of risk reports
Will work closely with technology group and RiskMetrics team to ensure timely delivery of data feeds
Interact with the PMs and serve as a point of contact for any technical inquiries
This role puts strong emphasis on presentation skills and quality of data
As part of oversight team participate in the global projects developing analytical solutions, supporting infrastructure, and maintaining reporting
Participate in client meetings to explain implementation of risk management framework in MAS
Enhance existing risk models design/prototype new models for commodities
Present results to Sr
Quantitative Manager Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Quantitative Manager
List any licenses or certifications required by the position: CPA, JD, CFA, FRM, CAMS, AWS
Education for Quantitative Manager
Typically a job would require a certain level of education.
Employers hiring for the quantitative manager job most commonly would prefer for their future employee to have a relevant degree such as Master's and Bachelor's Degree in Statistics, Finance, Mathematics, Economics, Engineering, Physics, Graduate, Computer Science, Accounting, Math
Skills for Quantitative Manager
Desired skills for quantitative manager include:
Financial and economic concepts
Stress testing requirements
R
Cloudera
CreditEdge
Financial analysis techniques and general accounting procedures
Financial analysis techniques and methodologies
Kamakura
Quantitative forecasting models
Rating agency approaches
Desired experience for quantitative manager includes:
Bachelor’s Degree in Statistics, Econometrics, Mathematics, Industrial Engineering, Operations Research, or another related field of study
Master’s Degree or Doctorate in Economics, Statistics, or Mathematics
Leading/participating in meetings at the operational, project and executive level, providing continuous feedback on project status
Functioning as an escalation point to keep all parties aware of overall project impact, facilitating management decisions at the earliest possible time
Knowledge of modern portfolio management theory and applications, statistics and quantitative methods in finance acquired through formal education
Team orientation and ability to engage with external groups
Quantitative Manager Examples
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Quantitative Manager Job Description
Job Description Example
Our company is looking to fill the role of quantitative manager. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for quantitative manager
- Investment research of quantitative investment strategies, strategic (“smart”) beta strategies, factor completion strategies, and passive strategies
- Develop a relationship with asset managers to facilitate general communications specific to industry trends and product development
- Partner with strategy, portfolio construction and portfolio management colleagues on the incorporation of these strategies into multi-asset portfolios and fund of funds
- Develop quantitative analyses and tools designed to validate qualitative assessments of active managers and work with other team members to interpret the output
- Manage the use, implementation and enhancement of analytical tools utilized by the team
- Liaise with the technology team to provide design requirements for the integration of analytics and tools into proprietary investment research and analytics platform
- Oversee and enhance the utilization of third party solutions (FactSet, Bloomberg, Lipper, Barra, Morningstar, etc)
- Provide quantitative insights on manager positioning trends, factor exposures, factor performance/valuation, market tailwinds/headwinds, and factor timing
- Design ad hoc research projects regarding various topics relevant to investment management
- Articulate the manager selection quantitative research process to both internal and external audiences
Qualifications for quantitative manager
- Ability to leverage technology to maintain and enhance risk and performance management models and framework
- Outstanding written and verbal communication skills with the ability to prepare and deliver executive level presentations to internal and external audiences
- Minimum 2 years of AML Scenario Tuning – related to large regulatory projects
- Minimum 4 years of financial industry/TELCOM experience, in a technical or analytical role with some managerial or supervisory experience
- Preferably has a Master's degree in a quantitative discipline (math, engineering or science), finance, or economics
- Must be registered as an Advising Representative with the OSC and/or the AMF
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Quantitative Manager Job Description
Job Description Example
Our company is searching for experienced candidates for the position of quantitative manager. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for quantitative manager
- Participate in strategic business planning and will lead business analysis activities and business risk assessments for newly identified technology opportunities
- Connect with internal business partners and in consideration of the external environment shape demand and determine how to best support the business through the effective use of technology
- Provide thorough ongoing consultation with the business identify and analyze business needs, work with department members to ensure scope and requirements are aligned and create opportunities for innovation in process changes and technology enabled solutions
- Partner effectively with IT solution architects and IT enterprise architects to design the solution and ensure effective integration of new systems and technologies in existing system landscapes
- Work independently in formulating innovative ideas and solutions on products, processes, and systems
- Establish scope and project objectives, develop budget and capital appropriation requests, meeting time and budget requirements, and help the business partner(s) realize the desired business goals for the project(s)
- Serves as an expert resource supporting areas, processes, or technologies in Quantitative Sciences
- Leads large, moderate to complex projects, programs or initiatives
- Identifies and manages risk and issues at the project and program level
- Builds and maintains strong partnerships with strategic technology providers
Qualifications for quantitative manager
- Demonstrates analytical and quantitative skills with strong attention to details
- Has a solid understanding of portfolio management, trading and market mechanisms
- Is familiar with financial market technology platforms
- Demonstrates a high level of initiative, is highly motivated and a self-starter
- Has the ability to work both independently and in a team setting
- Has strong organizational, prioritization and time management skills
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Quantitative Manager Job Description
Job Description Example
Our company is growing rapidly and is looking for a quantitative manager. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for quantitative manager
- Proposes improvements to IT systems/services and business processes enabled through technology
- Analyzing complex data to determine correlations and data integrity issues
- Design appropriate research solutions to drive meaningful insight for clients’ needs and their business
- Understand, interpret and synthesize data from various sources
- Translate insights into engaging stories with clear and concise implications that will help clients make better marketing decisions
- Foster analysis and research skills, along with brand and advertising knowledge across reports on all accounts
- Files will include data files of program participants for multidimensional proiects evaluating a new school and various health components from external partners’ data & analytic staff
- Direct analytic approach for 8-10 projects
- Consult with investigators and others on appropriate statistical approaches to data analyses
- Responsible for overseeing the development and execution of all aspects of consumer and commercial loan related PPNR models (new origination, prepayments, balance, yields, fees, ) and for ensuring full compliance with regulatory and accounting requirements, while providing credible management direction to support business decisions
Qualifications for quantitative manager
- MBA, CFA or Advanced Degree in Mathematics or Computer Science
- Ability to design, run and interpret multivariate and stepwise multivariate regression models and principal component analyses
- Intermediate programming and scripting capabilities in VBA and Matlab
- Familiarity with design and implementation of Monte Carlo methods
- Intermediate background in parametric and nonparametric statistical techniques
- Fully proficient in MS Office applications
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Quantitative Manager Job Description
Job Description Example
Our company is looking to fill the role of quantitative manager. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for quantitative manager
- Work within Market Risk management to develop forward curves models for illiquid price locations using current industry best practices
- Partner with business unit leaders to conduct in-depth market assessments to identify opportunities and risks and serves as liaison between Risk Management and the business in cooperative development of strategy and planning
- Drive improvement of repetitive processes by standardization and automation
- Evaluate and enhance portfolio management infrastructure and tools used to manage a series of equity index portfolios
- Research and recommend strategies to enhance portfolio returns (i.e., micro inefficiencies)
- Engineer methods to improve capacity in order for team to handle more accounts at current staffing levels
- Evaluate and enhance current risk controls to better minimize performance vs
- Portfolio rebalancing, reviewing, and submitting trade lists
- Responses to internal external inquiries as to performance and approach
- Analyze and respond to corporate actions
Qualifications for quantitative manager
- Experience managing/leading design & development teams
- Should have a minimum of 5 years of equity investment experience and knowledge of factor modelling, risk modelling and portfolio optimization and construction methodologies
- Has the ability to do multiple tasks, deliver results in a fast paced, high pressure environment
- Master’s degree is statistics, mathematics, engineering, or economics
- 3+ years of experience in statistical modeling and marketing analytics in the retail banking sector
- 2+ years of experience with segmentation, targeting, and profitability optimization
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Quantitative Manager Job Description
Job Description Example
Our growing company is hiring for a quantitative manager. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for quantitative manager
- Plan and manage validation projects, coordinating within a larger project team as necessary
- Communicate technical subject matter clearly and concisely, both verbally and through written communication via model validation reports and presentations, to individuals from various backgrounds
- Developing transaction cost-aware portfolio construction framework
- Close collaboration with technology professionals to improve portfolio management and risk systems (include accurate specification of project requirements and troubleshooting issues)
- Working closely with the trading team in developing and enhancing execution of systematic strategies with a goal of improving the efficiency of market access
- Presenting research in digestible formats both verbally and in writing
- Lead quantitative scientists, transforming real-world clinical data into actionable insights using robust statistical methods and compelling data visualizations
- Develop and mentor Quantitative Sciences talent
- Carry out original, implementable financial research that forecasts market returns and generates alpha for our clients
- Focus on developing new and improving existing equity forecasting signals incorporating trend, mean reversion and fundamental insights
Qualifications for quantitative manager
- Strong computing development skills, particularly statistical and database modeling tools (SAS, SQL, QRM, MATLAB, Access/VBA, ), ability to adapt to various programming languages and environments
- Management of mutual expectations from interaction with other areas
- Strong understanding of infrastructure and processes required for enterprise wide statistical data management is required
- Knowledge of clinical trial protocol design and clinical development statistics methods is preferred
- Strong knowledge of medical and regulatory document construction and submissions processes is preferred
- Experience managing internal and external teams in fast paced, complex, global environment is required