Quantitative Summer Associate
Quantitative Summer Associate
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1 Vacancy
Job Description
American Century Investments is a leading global asset manager with over 65 years of experience helping a broad base of clients achieve their financial goals. Our expertise spans global equities and fixed income multiasset strategies ETFs and private investments.
Privately controlled and independent we focus solely on investment management. But theres an unexpected side to us too. We direct over 40 of our profits every yearmore than $2 billion since 2000to the Stowers Institute for Medical Research. Our ongoing financial support drives the Institutes breakthrough work and mission of defeating lifethreatening diseases like cancer and Alzheimers. So the better we do for our clients the more we can do for everyone.
All 1400 of us across the globe are inspired every day by the unique difference our hard work can make in so many lives. It shows in the curiosity we bring to every initiative the deep relationships we build with our clients and the way we treat each other in the hallway. If youre excited to learn more about us we cant wait to learn more about you.
As a summer associate you will become part of and contribute to our MultiAsset Strategies team that seeks to deliver robust outcomes tailored to client needs. During the 1012 week internship you will work directly with our investment professionals and will have broad exposure to the teams investment management capabilities.
The internship will be centered around a primary research project in support of the teams work on portfolio design construction and thought leadership in the field of asset allocation. In addition to this project you may also support the production duties of the team maintaining or enhancing return and risk reporting capabilities and tactical models.
This position requires both a basic understanding of economics and financial market theory (acquired through academic training and/or investmentrelated experience) and an ability to apply this knowledge to new and moderately complex problems. Given the evershifting nature of the field the summer associate must be adaptable innovative and have an entrepreneurial mindset. Also this position requires a strong interest in understanding portfolio management practices and ways in which these practices can be improved. This position requires proficiency in programming and the ability to get familiar with risk and market data software used by the group such as FactSet or Bloomberg.
Major Responsibilities:
Your primary research project may include analysis on a variety of asset allocation topics including portfolio construction development and estimation of various metrics and analytics and customized asset allocation solutions with a focus on specific client needs. This can involve various optimization and quantitative analysis techniques such as Monte Carlo simulations multiperiod optimization and machine learning. In addition to this research project further responsibilities may include:
- Maintain and support portfolio monitoring tools
- Analyze portfolio performance and conduct attribution analysis
- Review industry publications for emerging themes in the asset allocation field. Publications range from Wall St sellside commentary to academic journals.
- Attend and participate in asset allocation investment meetings
This position is onsite in our Santa Clara CA office.
Requirements:
- BS/BA degree in finance accounting economics or science is required. Further the summer associate is working towards an advanced degree in quantitative finance. A background in statistics is a plus.
- Strong quantitative skills and proficiency in programming/coding with Python or Matlab
- Understanding of Excel spreadsheets and relevant software; the position may require usage of Bloomberg FactSet and a wide variety of other software and data providers
- Candidate should be detailoriented and sensitive to working with deadlines
- Competitive Drive
- The ability to communicate clearly and concisely
- Steadfast ethical standards and integrity
- Creativity and unbridled intellectual curiosity
- Demonstrates the American Century Investments Winning Behaviors: Client Focused Courageous and Accountable Collaborative Curious and Adaptable Competitively Driven.
Employees are required to be in the office on a scheduled frequency. Adherence to this schedule is essential to fulfilling the expectations of the role.
American Century Investments is committed to complying with the Americans with Disabilities Act and all other applicable Equal Employment Opportunity laws and regulations. As such American Century strives to provide a reasonable accommodation to any qualified individual under the ADA to perform essential job functions.
We encourage people of all backgrounds to join us on our mission. If you require reasonable accommodation for any aspect of the recruitment process please send a request to All requests for accommodation will be addressed as confidentially as practicable.
American Century Investments believes all individuals are entitled to equal employment opportunity and advancement opportunities without regard to race religious creed color sex national origin ancestry physical disability mental disability medical condition genetic information marital status gender gender identity gender expression age for individuals forty years of age and older military and veteran status sexual orientation and any other basis protected by applicable federal state and local laws. ACI does not discriminate or adopt any policy that discriminates against an individual or any group of individuals on any of these bases.
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American Century Proprietary Holdings Inc. All rights reserved.
Required Experience:
IC
Employment Type
Full-Time
