Allstate Investments is looking to enhance its fixed income processes by researching and implementing alpha signals, optimization tools, and process diagnostics to generate differentiated performance within its approximately $45B fixed income portfolio.
Requirements
- Experience in Machine Learning and Big Data techniques
- Solid understanding of financial markets, financial modeling, risk management, econometric analysis and numerical methods
- Expertise in statistical analysis and modeling, particularly in modeling time series data and backtesting investment strategies.
- Proficiency with large scale data processing
- Working knowledge of factor investing, asset valuation and portfolio construction
- Strong computer skills and programming experience in Python, SQL.
- Familiarity with Bloomberg, Aladdin, Capital IQ, and other market data vendors
Responsibilities
- Lead research, design, and implementation of quantitative alpha models for systematic and factor investing for fixed income asset classes.
- Advance quantitative research, develop new research pipelines, manage timelines and deliverables, introduce innovative use cases for quantitative insights and tools.
- Incorporate AI/ML/LLM technologies in the quantitative toolkit
- Interact with asset class leads, senior portfolio managers and fundamental research analysts to identify research topics spanning alpha signals and portfolio construction
- Effectively communicate modeling results and research topics to senior investment leaders and Quantitative Steering Committee
- Support and enhance existing quantitative models and associated applications.
- Collaborate with the production support team as needed to resolve any production-related issues.
Other
- Master’s or PhD in STEM or analytical finance/econometrics
- 8+ year experience in asset management or investing (buy/sell side) building quantitative models for alpha generation
- Fixed Income experience, specifically in corporate bonds preferred
- CFA or progress towards CFA a plus
- Strong problem-solving skills and the ability to meet tight deadlines
- Strong oral and written communication skills
- Mentor and develop junior members of the quantitative team
- Allstate generally does not sponsor individuals for employment-based visas for this position.
