Asset Allocation Analyst

52 Minutes ago • 3-7 Years

Job Summary

Job Description

Russell Investments is seeking an Asset Allocation Analyst to support its global Asset Allocation and Investment Solutions team. The role involves generating and delivering asset allocation advice for client portfolios worldwide. The ideal candidate will possess strong programming and quantitative analysis skills, experience working with large datasets, and a foundational understanding of investments. Key responsibilities include providing programming support for data management and process development, creating tools for investment advisors to analyze asset allocation impacts, running and maintaining quantitative models for capital market forecasting and performance analysis, and conducting research on asset allocation topics. The role requires excellent communication skills to interact with diverse project stakeholders and a flexible approach to working across different time zones.
Must have:
  • Bachelor's or Master's degree in engineering
  • Proficient in Python and SQL
  • Proficiency in object-oriented programming
  • 3-7 years of programming experience in financial services/asset management
  • Understanding of investment principles and capital markets
  • Excellent problem-solving skills
  • Strong communication skills
Good to have:
  • Ability to code in C#
  • Strong quantitative skill set
  • Familiarity with portfolio construction
  • Familiarity with factor modeling
  • Familiarity with risk and return attribution
  • Familiarity with statistical analysis
  • Familiarity with Monte Carlo simulation

Job Details

Business Unit:

Investment Division

Reporting To:

Director, Asset Allocation Strategy

Shift:

EMEA (1:30 pm - 10:30 pm IST) (India)

About Russell Investments, Mumbai: 

Russell Investments is a leading outsourced financial partner and global investment solutions firm providing a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Building on an 89-year legacy of continuous innovation to deliver exceptional value to clients, Russell Investments works every day to improve the financial security of its clients. The firm is “Top 12 Ranked Consultant (2009-2024)” in P&I survey 2024 with $906 billion in assets under advisement (as of December 31, 2024) and $331.9 billion in assets under management (as of March 31, 2025) for clients in 30 countries. Headquartered in Seattle, Washington in the United States, Russell Investments has offices around the world, including London, New York, Toronto, Sydney, Tokyo, Shanghai – and has opened a new office in Mumbai, India in June 2023.

Joining the Mumbai office is an incredible opportunity to work closely with global stakeholders to support the technology and infrastructure that drives the investment and trading processes of a globally recognized asset management firm. Be part of the team based out of Goregaon (East) and contribute to the foundation and culture of the firm’s growing operations in India. The Mumbai office operates with varying shifts to accommodate time zones around the world.

For more information, please visit https://www.russellinvestments.com.


Job Description:

This role will involve supporting the Asset Allocation and Investment Solutions team in its drive to generate and deliver asset allocation advice for client portfolios globally. The successful candidate will have strong programming and quantitative analysis skills, ability to work with large datasets and basic investment knowledge. There is also a need to be able to communicate with broad project stakeholders.

Years of Experience 

Suitable candidates would have 3-7 years of programming experience in a financial services or asset management company. 

Required qualifications include:

  • Bachelor’s or Master’s degree in engineering. 
  • Proficient in Python and SQL. Must be able to pick up C#.
  • Proficiency in object-oriented programming.
  • 3-7 years of programming experience in financial services or asset management.
  • Understanding of investment principles and capital markets.
  • Excellent problem-solving capabilities and attention to detail. 
  • Strong communication skills.
  • Ability to work collaboratively in a fast-paced environment across time zones.

Preferred qualifications include: 

  • Ability to code in C#
  • Strong quantitative skill set with the ability to analyze complex data using econometric and/or machine learning tools.
  • Familiarity with portfolio construction, factor modeling, risk and return attribution, statistical analysis, and monte carlo simulation.

Special Requirements 

Time zone flexibility to work with colleagues based in Russell’s different locations globally.

Responsibilities 

  • Data management and process development programming support for the asset allocation and investment solutions team.
  • Develop tools that allow investment advisors to see the impact of asset allocation under different market environments and tax treatments.
  • Run and maintain quantitative models and tools linked to capital market forecasting, portfolio and performance analysis and attribution reporting.
  • Conduct research on asset allocation topics.

Core Values 

  • Strong interpersonal, oral, and written communication and collaboration skills with all levels of management. 
  • Strong organizational skills including the ability to adapt to shifting priorities and meet frequent deadlines. 
  • Demonstrated proactive approach to problem-solving with strong judgment and decision-making capability. 
  • Highly resourceful and collaborative team-player, with the ability to also be independently effective. 
  • Exemplifies our customer-focused, action-oriented, results-driven culture. 
  • Ability to act with discretion and maintain complete confidentiality. 
  • Dedicated to the firm’s values of non-negotiable integrity, valuing our people, exceeding client expectations, and embracing intellectual curiosity and rigor. 

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About The Company

Russell Investments is aleading outsourcedCIO(OCIO) partner and global investment solutions firm providing a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Building on an 88-year legacy of continuous innovation to deliver exceptional value to clients, Russell Investments works every day to improve the financial security of its clients. The firm has over $1 trillion in assets under advisement (as of December 31, 2023) and $302.7billion in assets under management (as of March 31, 2024). Headquartered in Seattle, Washington, Russell Investments has offices in 16 cities around the world, including London, New York, Toronto, Sydney, Tokyo, Mumbai, and Shanghai.

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