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Senior Associate

Company: New York Life Investment Management, LLC
Location: New York, NY
Posted on: March 25, 2017

Job Description:

Design and develop quantitative utility (trading) that enables a portfolio
management team to conduct rebalancing portfolios and to generate trades to
meet the target portfolio. Design and backtest investment strategies and
conduct detailed performance analyses to study strategy behavior in
different market environments. Deploy efficient investigation and
management of large data sets and third-party data sources. Create
analytical tools and data interfaces while leveraging various sources of
market and in-house data. Work with chief economist to conduct quarterly
economic survey and provide internal house view of economic outlook.
Liaise with agencies and international clients and manage investment-
related data requests. Build and maintain a financial time series database
for pricing, economic, and fundamental data. Develop and maintain existing
code library to support the investment research and process. Track
academic and industry-research material for idea generation. Design
databases and tools for use in quantitative research. Analyze global
capital markets and provide timely updates related to portfolio performance
and risk management. Function as a part of the SAS fund management team,
providing research and views on asset allocation strategies in particular,
as well as positioning more broadly.

Requirements: Master's degree in Finance, Applied Mathematics, Financial
Engineering, Economics or related field (willing to accept foreign
education equivalent) plus 1 year of experience defining asset allocation
for in-house funds. Also requires: (1) Demonstrated expertise building
quantitative tools and performing analysis including portfolio optimization
using MATLAB, factor analysis for equities, and developing risk models for
multi-asset portfolios; (2) Demonstrated expertise building and maintaining
databases and managing large data sets to conduct investment research using
MATLAB; (3) Demonstrated expertise analyzing global capital markets using
Bloomberg and Thompson Reuters; (4) Demonstrated expertise interfacing with
portfolio managers in boutique companies to analyze funds; (5) Demonstrated
expertise performing quantitative analysis for equity research utilizing
methodologies including price-to-earnings, free cash flow, and EBITDA;(6)
Demonstrated expertise performing daily portfolio management including
recommending trades based on fundamental analysis; and, and (7)
Demonstrated expertise utilizing Excel VBA to perform data extraction,
generate reports, and send trades.

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Keywords: New York Life Investment Management, LLC, New York, Senior Associate , Finance, New York, NY, New York

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