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Ameriprise Financial Services, LLC

Quantitative Analyst

Posted 16 Days Ago
Be an Early Applicant
In-Office
Boston, MA, USA
125K-140K Annually
Mid level
In-Office
Boston, MA, USA
125K-140K Annually
Mid level
The Quantitative Analyst will develop stock selection models, enhance research infrastructure, conduct statistical analysis, and collaborate with investment teams to provide insights.
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About Our Company

Working at Columbia Threadneedle Investments you'll find growth and career opportunities across all of our businesses.

We're intentionally built to help you succeed. Our reach is expansive with a Columbia Threadneedle Investments global team of 2,300 people working together. Our capability is diverse with more than 550 investment professionals sharing global perspectives across all major asset classes and markets. Our clients have access to a broad array of investment strategies, and we have the capability to create bespoke solutions matched to clients' specific requirements. Our unwavering focus on our clients and strong financial foundation connects each of our enterprise businesses — Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities.

Job Description

The Quantitative Equity Research team at Columbia Threadneedle Investments is seeking a Quantitative Analyst. The team develops and maintains a comprehensive suite of stock selection models that generate insights for both systematic and fundamental investment strategies. The analyst will research stock selection signals, develop alpha models, and refine portfolio construction methodologies. The role also involves enhancing the team's research and analytics platforms and sharing responsibility for implementing and maintaining quantitative models in production as well as developing new models. The analyst will collaborate with fundamental research analysts and portfolio managers across the organization to exchange ideas, communicate insights, and broaden their expertise across various investment strategies.

Key Responsibilities
Contribute to research projects through idea generation, data preparation, statistical analysis, and development of actionable recommendations

  • Evaluate innovative techniques to extract tradable signals from large datasets

  • Research and develop advanced model construction methodologies

  • Enhance the team’s research infrastructure, production systems, and analytics capabilities

  • Present research findings to key stakeholders and develop thought leadership content

  • Monitor and analyze factor and model performance, and providing regular insights within the firm

  • Perform due diligence on model output, and address inquiries from investment teams

 
Required Qualifications

  • Bachelor’s degree in a Mathematics, Statistics, Finance, Economics, or related field

  • Minimum 3 years of experience in quantitative investment research

  • Bachelor’s degree in a Mathematics, Statistics, Finance, Economics, or related field

  • Deep understanding of statistical modeling, econometric analysis, and machine learning approaches, with demonstrated ability to apply these techniques to investment problem

  • Advanced analytical and quantitative problem-solving skills

  • Strong programming skills with proficiency in Python, R, or similar data analysis languages

  • Excellent written and verbal communication skills with ability to explain technical concepts effectively

  • Demonstrated intellectual curiosity and passion for financial markets

  • Keen attention to detail with track record of delivering accurate work within deadlines

  • Collaborative mindset with proven ability to work effectively in a team environment

Preferred Qualifications

  • CFA charterholder or candidate preferred

Visa Sponsorship
Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).

In-Office Collaboration
We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders — clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.
 

Base Pay Salary

The estimated base salary for this role is $125,000- $140,000 / year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Exempt

Job Family Group

Investment Management

Line of Business  

AMINV US Asset Management

Columbia Threadneedle is a people business, and we recognise that our success is due to our talented people, who bring diversity of thought, complementary skills and capabilities. We are committed to fostering an inclusive and performance-based culture where everyone can belong, grow, contribute and realise their potential.

Columbia Threadneedle is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law.

We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.

Top Skills

Econometric Analysis
Machine Learning
Python
R
Statistical Modeling

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