Location: San Francisco, CA or Denver, CO
Managing Director - Quantitative IMR
ABOUT CHARLES SCHWAB INVESTMENT ADVISORY: Charles Schwab has been a leader in financial services for nearly four decades, working to make investing more affordable, accessible and understandable to all. Driven by our purpose "to help everyone be financially fit", we're committed to building an environment that respects the diverse differences of our employees, our clients and the communities we serve.
Charles Schwab Investment Advisory, Inc. (CSIA) is a subsidiary of The Charles Schwab Corporation and an affiliate of Charles Schwab & Co., Inc. (CS&Co). This growing team of 27 dedicated investment professionals, with backgrounds ranging from quantitative financial research, investment manager due diligence, and portfolio management and trading, is responsible for managing Schwab Managed Portfolios (SMP), diversified portfolios comprised of either mutual funds or ETFs totaling over $14 billion in assets under management. CSIA also conducts asset allocation research and performs manager research and evaluation of mutual funds, separate accounts, and ETFs for a variety of CS&Co products and services.
JOB DESCRIPTION: The Managing Director, Quantitative Analysis will be responsible for supervision of the quantitative research group (2 quantitative analysts) within Charles Schwab Investment Advisory, Inc. (CSIA) and will work closely with the Chief Investment Officer on the ongoing development, implementation, and maintenance of a variety of quantitative models, including strategic and tactical asset allocation models, mutual fund ratings, and separate account ratings. The Managing Director, Quantitative Analysis will also be a key member of the portfolio management team for Schwab Managed Portfolios (SMP). This role will also serve as a mentor to existing staff and will aid the team in continued growth.
- 5+ years of investment research experience (academic and/or industry), preferably with published works.
- Deep understanding of empirical research techniques.
- Strong familiarity with alternative investments.
- Good communication skills (verbal, written, presentation).
- Proficiency with Excel and statistical software, such as SAS.
Strongly preferred experience/skills:
- A Ph.D. is highly desired.
- 2-3 years of people management experience.
*Preferred location is San Francisco.
APPLICATION PROCEDURE: Interested candidates should apply online at: http://jobsearch.schwab.com/viewjob.html?erjob=216236&eresc=FinancialEconomicsNetwork