Description

Jacobs Levy Equity Management, an asset manager located in Florham Park, NJ is seeking a Senior Quantitative Equity Researcher to join our research team.  The team is responsible for researching all aspects of the investment process from data processing and alpha modeling through to portfolio optimization.  Our researchers work collaboratively to contribute to our firm’s leading edge, innovative investment process.  We seek people who are passionate about equity investment and motivated to outperform the market. 

Responsibilities include: 

• Conducting exploratory statistical data analysis
• Empirical research into U.S. and global equity market inefficiencies
• Reviewing financial literature
• Developing new and improving existing investment models by identifying novel investment ideas and innovative data sources 

Requirements

Ideal candidates will look to combine creative insights with research to make sound investment decisions. Requirements include:

• PhD in Finance, Economics, Statistics, or related quantitative discipline  
• At least 3 years of empirical equity research experience 
• Familiarity with fundamental, expectational and market data. Experience with alternative data is a plus 
• Solid knowledge of asset pricing literature 
• Ability to think independently with good economic intuition and demonstrated record of original research 
• Strong programming skills (Python, R, Julia, C++, etc.), preferably experienced with large datasets and also familiar with parallel programming
• An understanding of Machine Learning, Natural Language Processing, and AI Engineering is a plus
• Ability to work collaboratively across departments and to explain challenging technical concepts 

Jacobs Levy Equity Management focuses exclusively on managing equity portfolios for institutional clients. Building on the pioneering research of founders Bruce Jacobs and Ken Levy, the firm has developed a unique, multidimensional, dynamic approach to investing that combines human insight and intuition, finance and behavioral theory, leading-edge quantitative and statistical methods, and over 30 years of proprietary research. Jacobs Levy manages assets for a prestigious global roster of corporate defined benefit and defined contribution plans, public retirement systems, sub-advised funds, and endowments/foundations, many of which are Pensions & Investments’ “Top 200 Pension Funds/Sponsors.”

When determining the actual base salary offered to successful candidates, various factors will be considered, including but not limited to, the candidate’s relevant experience, skills, and qualifications for the role, as well as level of education attained, certifications, and other professional licenses held. The salary may also depend on whether the role includes managerial responsibilities. The expected base salary for this position is $175,000-$250,000. In addition to base salary, benefits include discretionary bonus plans, health, dental and other wellness plans, contributions to profit-sharing and 401(k) plan, paid time off, and more.

We are an Equal Opportunity Employer.