Raymond James Financial, Inc

Investment Data Scientist - Python & Portfolio Analytics (Hybrid)

Raymond James Financial, Inc$90K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a relevant quantitative field (Computer Science, Mathematics, etc.).
  • 3-6 years of experience in Python development and quantitative analysis.
  • Proven capability in building optimization models and automated workflows.
  • Strong understanding of financial data and investment concepts.
  • Experience with data visualization tools like Tableau or Power BI.

Responsibilities

  • Develop and manage Python code for portfolio optimization and automation.
  • Design portfolio optimization algorithms and statistical models.
  • Collaborate with investment teams to align models with strategic goals.
  • Automate processes to enhance efficiency and reduce errors.
  • Create dashboards and visualizations to display analytical results.

Benefits

  • Medical, dental, and vision insurance.
  • Life and disability insurance.
  • Retirement savings plan.
  • Paid time off including vacation and sick leave.
  • Parental leave and other family-related benefits.
Full Job Description
Job Description Summary

Job Description

As part of the AMS Research team, the Investment Data Scientist plays a key role in developing, improving, and evaluating quantitative models that directly support investment decision-making and portfolio management. This is a hands-on technical role focused on writing production-quality Python code to analyze financial datasets, enhance portfolio construction methods, and automate investment workflows.

You'll collaborate closely with Investment Committee members, analysts, and other stakeholders to improve the investment process through portfolio optimization, statistical modeling, and process automation. You'll also develop interactive dashboards and visualizations that translate complex analytical outputs into actionable insights. This role requires strong analytical thinking, the ability to solve complex technical problems independently and collaboratively, and a commitment to delivering high-quality, validated results.

Essential Duties and Responsibilities
  • Develop and maintain robust Python code for portfolio construction, statistical analysis, and automation of investment workflows.
  • Design and implement portfolio optimization algorithms.
  • Apply advanced statistical methods to extract insights from financial datasets.
  • Collaborate with Investment Committee members, analysts, and quant team members to align model development with investment objectives and operational needs.
  • Build automated processes to eliminate manual tasks, reduce errors, and improve workflow efficiency.
  • Create interactive dashboards and visualizations to communicate analytical findings.


Knowledge, Skills, and Abilities

Core Knowledge (Required):
  • Python libraries for data manipulation and array mathematics: pandas, NumPy, SciPy, and optimization libraries such as CVXPY.
  • Statistical modeling and optimization: mixed integer programming, regressions, time series, and Monte Carlo simulation.
  • Data visualization: Streamlit, Tableau, Power BI, Plotly Dash, or similar platforms.
  • Quantitative finance: portfolio construction methods, risk modeling, and financial data analysis.


Preferred Knowledge:
  • Financial markets, investment products, and portfolio theory.
  • Performance measurement and attribution methodologies.
  • Django framework for database management.
  • Advanced investment concepts and practices in the securities industry.


Technical Skills:
  • Writing clean, documented, and version-controlled Python code.
  • Translating business problems into quantitative models and technical solutions.
  • Building and maintaining automated workflows.
  • Creating clear, intuitive data visualizations for non-technical audiences.
  • Validating and testing models to ensure accuracy and reliability.
  • Performing performance calculations and financial data analysis.


Abilities:
  • Work independently and collaboratively in a fast-paced team environment.
  • Deliver accurate, high-quality analytical work through rigorous testing and validation.
  • Manage multiple projects with competing deadlines.
  • Communicate complex technical concepts clearly to non-technical stakeholders.
  • Debug code, validate results, and ensure analytical accuracy.
  • Balance attention to detail with strategic thinking.
  • Adapt to changing priorities and requirements.
  • Learn new quantitative techniques and investment concepts quickly.
  • Promote team effectiveness through knowledge sharing and collaboration.


Educational and Experience Requirements
  • Bachelor's degree in Computer Science, Mathematics, Statistics, Physics, Engineering, Economics, Finance, or a related quantitative field.
  • 3-6 years of hands-on experience with Python development and quantitative analysis.
  • Demonstrated experience building optimization models, statistical systems, and/or automated workflows.
    OR
  • Any equivalent combination of experience, education, and/or training approved by Human Resources.


Education
Bachelor's: Computer and Information Science, Bachelor's: Economics, Bachelor's: Engineering, Bachelor's: Finance, Bachelor's: Mathematics, Bachelor's: Physics, Bachelor's: Statistics

Work Experience
General Experience - 3 to 6 years

Certifications

Travel
Less than 25%

Workstyle
Hybrid

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

About Raymond James Financial, Inc

The Raymond James Technology and Communications Investment Banking Group is a committed and thoughtful partner that provides a full range of investment banking services and best practices. The group is comprised of experienced professionals that have extensive investment banking expertise. They leverage the industry expertise of Raymond James' award-winning research department. The group focuses on key sectors within technology and communications including: communications software, communication towers, defense electronics, enterprise software, internet infrastructure services, homeland security, IT services, mobile technology, semiconductors, software-as-a-service, telecommunications equipment, telecommunications infrastructure and support services, and wireless & wireline telecommunications services. They take pride in a client-centric approach to M&A, with focus on delivering independent solutions that creates value for the long term. The outcome of this unique approach may be seen in the successful transactions of their clients, including over 80 public offerings totaling $17 billion and over 85 strategic advisory transactions totaling over $5 billion in value since 1998.

Raymond James Financial, Inc Careers

Join the vibrant team at Raymond James Financial, Inc, a leading financial services company where innovation, leadership, and professional growth are at the forefront of our operations. As a hub of diversity and expertise, Raymond James offers unparalleled job opportunities that propel your career to new heights. Work You’ll Do At Raymond James Financial, Inc, you’ll collaborate with some of the most talented professionals in the financial industry. Our team is dedicated to providing strategic financial solutions and advice to our clients, helping them achieve their financial goals while fostering economic growth. With a culture rooted in leadership and diversity training, Raymond James is the perfect place to enhance your skills and thrive professionally. Join our market-leading team to assist a diverse range of clients, from individuals to large corporations, in navigating their financial planning with precision and innovative strategies. Lead in a role where your expertise directly influences the success and stability of our clients' financial futures. Work with a dynamic team of advisors and experts who are committed to pushing the boundaries of the financial sector through continuous innovation and exceptional client service. Raymond James Financial, Inc Job Opportunities Introducing the Raymond James Career Development Program We are committed to nurturing talent through our comprehensive career development program designed to provide every employee—from interns to senior leaders—with the tools and training necessary for success. Whether you’re just starting out with an internship or you’re a seasoned professional, Raymond James offers career paths that align with your ambitions and skills. Do Innovative Work Join a company where innovation is part of the daily routine. At Raymond James Financial, Inc, you’ll engage with cutting-edge financial tools and resources that keep you ahead in the industry. Our commitment to technology and innovation ensures that we stay at the forefront of financial services. Be Part of a Great Team Experience a collaborative environment where teamwork and networking are encouraged. Our inclusive culture supports diversity and offers benefits that ensure the well-being of all team members. At Raymond James, you’re not just an employee; you’re part of a family that values your unique contributions and supports your professional journey. Future-Proof Your Career Advance your career with Raymond James, where opportunities for growth are abundant. Benefit from our industry-leading training programs and gain certifications that will elevate your professional standing. With a focus on career longevity and satisfaction, Raymond James ensures that your professional journey is as rewarding as it is successful. Explore Discover the various positions available at Raymond James Financial, Inc that match your skills and interests. We are continuously hiring across multiple disciplines, eager to welcome passionate, curious, and solution-driven team players. Stay Connected Join Our Team Search open positions at Raymond James Financial, Inc and find the perfect match for your career aspirations. Explore a range of opportunities from financial advising to corporate roles that align with your professional skills and goals. Keep Up to Date Stay informed with the latest career tips, insider perspectives, and industry-leading insights—all from the professionals who thrive at Raymond James. Job Alert Emails Customize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities waiting for you at Raymond James Financial, Inc. Join Raymond James Financial, Inc today and be part of a company that values innovation, leadership, and professional growth. Your future in the financial industry starts here.
Learn more about Raymond James Financial, Inc
Size
15,000 employees
Market Cap
$22.6 billion
Industry
Net Income
$862 million
5 Year Trend
+11.6%
Revenue
$8.3 billion
NASDAQ

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