Quantitative Risk Analyst

Business Unit:

Compliance, Risk and Internal Audit

Salary Range:

$97,500 USD - $115,000 USD

Specific compensation will be based on candidate’s experience, skills, qualifications, commercial considerations, and other job-related factors permitted by law. At Russell Investments, salary is just one part of our compensation package. Our total rewards approach includes an annual performance bonus (subject to eligibility criteria) in addition to participation in our competitive benefits programs including healthcare, retirement, vacation, and wellbeing programs.

Job Description:

Responsibilities:

The Quantitative Risk Analyst will be responsible for development, maintenance, and support of the portfolio risk systems, which includes risk management database, internal risk tools and risk applications. S/he is also responsible for preparing, analyzing, and delivering of risk reports, and seek to optimize them by using computer programs. S/he will provide advice and clarification to users of these reports across global business units, work with the global IT and Operations unit to ensure data quality and participate in ongoing and new project work aimed at improving Portfolio Analytics or other areas related to the Risk Management function. S/he will prepare, analyze, and deliver periodic market risk reports utilized by portfolio managers, senior management, regulators, and business units. S/he will contribute to the development of an effective and efficient risk-reporting infrastructure by gathering and analyzing data from various business units, writing reports, and providing recommendations. S/he will work on ad hoc projects and analyses that support risk management. S/he will keep up to date on current trends in the asset management space, financial markets, securities, and general investment themes, as well as advances in Risk Management theory and practice. S/he will maintain and enhance daily risk exposure measurements. S/he will utilize knowledge of and experience of a range of analytical resources, including Riskmetrics, Vidrio, Factset, Wilshire, Bloomberg, and Axioma. S/he will perform work using spreadsheets and facility with database manipulation. S/he will utilize programming skills (SQLserver, Visual Basic, Python, R, C#) and XML.

*Multiple positions available*

Qualifications:

THIS POSITION REQUIRES A MASTER’S DEGREE (OR FOREIGN EQUIVALENT) IN QUANTITATIVE FINANCE, OR IN A CLOSELY RELATED QUANTITATIVE MAJOR.

Special Requirements:

REQUIRED SKILLS: EXPERTISE/KNOWLEDGE OF:

• Mathematical and analytical skills in the areas of stochastic calculus, linear algebra, and probability.
• Solid understanding of the fundamentals of algorithms and data structures.
• Knowledge of databases: indexes, views, stored procedures, SQL.
• Coding ability in one of the general purpose languages, e.g. Python, C, C++, Java, etc.
• Documented presentation skills, ability to present technical information and data to various teams.

MUST POSSESS EXPERTISE/ KNOWLEDGE SUFFICIENT TO ADEQUATELY PERFORM THE DUTIES OF THE JOB BEING OFFERED. EXPERTISE/ KNOWLEDGE MAY BE GAINED THROUGH EMPLOYMENT EXPERIENCE OR EDUCATION. SUCH EXPERTISE/ KNOWLEDGE CANNOT BE "QUANTIFIED" BY "TIME."

*May work from home up to 1 day a week*

Equal Employment Opportunity

Russell Investments is committed to providing equal employment opportunities for all associates and employment applicants regardless of race, religion, ancestry, creed, color, gender (including gender identity which refers to a person's actual or perceived sex, and includes self-image, appearance, behavior or expression, whether or not different from that traditionally associated with a person's biological sex), age, national origin, citizenship status, disability, medical condition, military status, veteran status, marital status, sexual orientation, past or present unemployment status , or any other characteristic protected by law.