Quant Researcher & Developer
Quant Researcher & Developer
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
Join Us at 55ip & Help the Wealth Management Industry Move Forward
Working at 55ip means standing at the intersection of finance and technologyand at the cutting-edge of wealth management. Weve been making rapid progress on our mission: to break down barriers to financial progress for financial advisors and their clients. Our Boston- and Mumbai-based team has built and brought to market a tax-smart investment strategy engine delivering an intuitive experience and intelligent automation. Driven by strategic partnerships with world-class asset management firms such as BlackRock and J.P. Morgan weve experienced breakthrough growth over the last year. Today over 110 financial advisor firms with $90 billion in assets (and counting) are using 55ip.
If we look a little different its because we are. Were entrepreneurs product pros investment scientists and customer advocates who aim to deliver an exceptional experienceand have fun doing it. Like lots of companies weve got a deep bench of smart talented creative people but our superpower is something else: hustle. That extra push when others would quit that new approach nobody else has tried that ability to thrive at 30000 feet or dig into the detailsand to do it all with humility empathy and respect. As we enter an exciting new chapter as a separately-branded subsidiary of J.P. Morgan were looking for top talentwith hustleto join us on our path to becoming an industry standard.
Overview
The 55ip Quant team is looking for a quantitative professional to research implement test and maintain the core algorithms of its technology-enabled investment platform for large investment advisory (RIA) & wealth management firms. The ideal candidate has a background in optimization and statistical modules using software design constructs and tools. The candidate will be motivated a problem solver and an effective team player looking to make a significant impact in supporting research projects and who can grow as an independent researcher.
Responsibilities
- The end-to-end research development and maintenance of investment algorithms
- Contribute to development and maintenance of optimization models
- Take part in building out the research and development framework
- Thoroughly vet investment algorithmic results
- Contribute to the research data platform design
- Investigate datasets for use in new or existing algorithms
- Participate in agile practices
- Liaise with stakeholders to gather & understand the functional requirements
- Take part in research & code reviews
- Develop code using high quality standards and best practices conduct thorough end-to-end unit testing and provide support during testing and post go-live
- Support research innovation through the creative and aggressive experimentation of cutting-edge hardware advanced analytics machine learning techniques and other methods
- Collaborate with technology teams to ensure appropriate requirements standards and integration
Requirements
- Experience in a quantitative role
- Proficient in Python Git and Jira
- Professional experience with commercial optimizers (Gurobi CPLEX) is a big plus
- Masters degree in computer science computational mathematics or financial engineering
- Excellent mathematical foundation and hands-on experience working in the finance industry
- Proficient in quantitative statistical and ML/AI techniques and their implementation using Python modules such as Pandas NumPy SciPy SciKit-Learn etc.
- An understanding of or exposure to financial capital markets various financial instruments (such as stocks ETFs Mutual Funds etc.) and financial tools (such as Bloomberg Reuters etc.)
- Experience in direct-indexing products is a big plus
- Strong communication (written and oral) and analytical problem-solving skills
- Strong sense of attention to detail pride in delivering high quality work and willingness to learn
- Knowledgeable in SQL
- Agility: Able to shift gears and react quickly to timely requests
- Hustle: Self-motivated proactive responsive-ability to think strategically but also willing to dig into the details and tactics
About 55ip
55ip is a financial technology company whose purpose is to break down barriers to financial management enterprises andfinancial advisors use 55ips tax-smart investment strategy engine to dramatically improve their efficiency and effectiveness. 55ips intuitive experience and intelligent automation elevate portfolio design and delivery helping advisors save time and drive better outcomes for their clients. At the heart of the experience is 55ips ActiveTax Technology which includes tax-smart transitions management and withdrawals.55ip is becomingthe industry standard by connecting to platforms where advisorsmanage theirclient accountsenhancing workflow andreducingthe needto move the information is available at
Employment Type
Full-Time
Key Skills
Similar Jobs
Dr. Job is an online platform that connects employers with skilled job seekers, facilitating the search for job opportunities and top talent. Established in 2015. Dr. Job Pro has emerged as the world premier job portal, attracting thousands of job seekers every day from all over the world.
Follow Dr.Job
Dr Job FZ LLC. 2025 © All Rights Reserved