Senior Quantitative Research Analyst

About the position Together we fight for everyone’s opportunity for a better financial future. We will do this together — with customers, partners and colleagues. We will fight for others, not against: We will stand up for and champion everyone’s access to opportunities. The status quo is not good enough … we believe every individual and every community deserves access to financial opportunities. We are determined to support both individuals and communities in reaching a better financial future. We know that reaching this future depends on our actions today. Like our Purpose Statement, Voya believes in being bold and committed to action. We are committed to a work environment where the differences that we are born with — and those we acquire throughout our lives — are understood, valued and intentionally pursued. We believe that our employees own our culture and have a responsibility to foster an environment where we all feel comfortable bringing our whole selves to work. Purposefully bringing our differences together to positively influence our culture, serve our clients and enrich our communities is essential to our vision. Are you ready to join a company with a strong purpose and a winning culture? Start your Voyage

Responsibilities

• Responsible for the development of highly sophisticated alpha-generating models and the main topics of research will be asset allocation, portfolio optimization, and security selection.
• Participate in the idea generation process.
• Interact with Portfolio Managers and other asset management team members to understand macroeconomic and risk management issues.
• Improve existing models and processes.
• Require application of concepts such as effective duration, OAS, spread duration, effective convexity, yield measures, beta, and tracking error.
• Work with fixed-income derivatives such as futures, credit default swaps, interest rate swaps, swaptions, bond and futures options.
• Work on development of interactive web dashboards tools for performance monitoring and attribution.
• Work with development of machine learning models for portfolio selection and optimization problems.

Requirements

• Requires a Master’s degree or foreign equivalent in Finance, Quantitative and Computational Finance or a closely related quantitative field and two (2) years of experience as a Financial Analyst, Quantitative Research Analyst or a related position.
• Experience must include: Applying quantitative techniques in financial mathematics, applied mathematics and statistics to solve forecasting risk measurement and management problems.
• Utilizing Python, SQL, and Databricks for agile programming and software development.
• Conducting financial, statistical and quantitative analysis and modeling projects.
• Working with fixed-income derivatives including futures, credit default swaps, interest rate swaps, swaptions, bond and future options.
• Developing interactive dash or Shiny web applications for Portfolio Management and Performance analysis.
• Developing Machine learning and advanced optimization models for model portfolios.

Benefits

• Health, dental, vision and life insurance plans
• 401(k) Savings plan – with generous company matching contributions (up to 6%)
• Voya Retirement Plan – employer paid cash balance retirement plan (4%)
• Tuition reimbursement up to \$5,250/year
• Paid time off – including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
• Paid volunteer time — 40 hours per calendar year