Team Overview:The Investment Strategy and Risk Management (ISRM) team is responsible for oversight of and input into the top-down portfolio construction of the Firm's portfolios and ensuring client portfolios appropriately capture the Firm's bottom-up investment recommendations.This is a highly visible role which will feature interaction with Senior Management across various investment teams as well as the client-facing part of the organization.
Key Responsibilities- Design and build statistical models to evaluate alternative datasets, assess portfolio risk, and optimize investment strategies for illiquid assets, including private equity and private debt.
- Translate complex private markets data into actionable, client-ready insights for internal stakeholders and external clients.
- Integrate, clean, and analyze large and complex datasets, including alternative investment datasets that may be unstructured or imperfect.
- Identify value drivers, market behaviors, and trends that can inform investment decision-making.
- Develop advanced analytic models, scenario analyses, and simulation-based frameworks, including Monte Carlo simulations, to support risk-aware portfolio construction and investment processes across subclasses, strategies, and products.
- Generate original, proprietary research and develop clear, concise white papers, presentations, and other materials for internal stakeholders and external clients.
- Partner with software developers, Data Management, IT, and model validation teams to deploy quantitative code and analytics.
- Maintain and enhance existing analytic applications and support the use of analytic models for marketing, client service, and investment-related use cases.
- Work closely with technical and non-technical stakeholders to develop solutions for ISRM and other internal consumers.
- Collaborate with existing technical resources to optimize where data is stored, how it is accessed, and how end users can effectively leverage data and analytics.
- Manage multiple workflows and projects, including tracking dependencies, deliverable dates, milestones, and stakeholder inputs.
- Prioritize and execute work independently while maintaining accuracy, quality, and timeliness.
Candidate Requirements:We seek an individual who is self-disciplined, demonstrates excellent attention to detail and has the following characteristics:
- Advanced degree in Mathematics, Statistics, Computer Science, Finance, Economics, or a similar quantitative field.
- CFA4 charterholder preferred but not required.
- Background in quantitative finance, financial engineering, or quantitative modeling strongly preferred.
- 5-10 years of relevant experience in a quantitative role within asset management.
- Minimum of 2 years of experience involving private markets investment processes and portfolios, such as private equity or private debt.
- Strong quantitative, analytical, critical thinking, and problem-solving skills, with the ability to apply robust statistical techniques to large, complex, and imperfect datasets.
- Exposure to quantitative or statistical modeling techniques used in portfolio analytics, forecasting, and risk management.
- Strong programming capabilities, including proficiency in Python, R, SQL, and/or C++.
- Experience with common database and software platforms required.
- Familiarity with machine learning and AI workflows preferred.
- Strong understanding of investment management concepts, including accounting principles, portfolio theory, equity valuation, factor models, asset allocation, portfolio optimization, liquidity risk management, and performance measurement.
- Familiarity with private investment vehicles and the considerations involved in managing private capital strongly preferred.
- Ability to translate technical methodologies into clear, commercial, and client-oriented insights.
- Demonstrated experience communicating and collaborating across multiple internal and external stakeholders, including technical and non-technical audiences.
- Ability to manage priorities independently, maintain accuracy under tight deadlines, and drive projects from concept through execution.
- Experience directing and managing support staff a plus.
We offer a competitive U.S. benefits package designed to support health, financial security, and work-life balance. Highlights include medical, dental, and vision coverage; a 401(k) with immediate vesting and employer match; profit sharing; flexible spending accounts (FSA); and paid parental leave, including adoption. Employees also receive generous paid time off, commuter benefits, employer-paid short- and long-term disability and life insurance, and access to additional voluntary benefits.
Illinois Pay Transparency
$175,000-$250,000 USD
