Portfolio Manager, Multi Asset

Company Overview Founded in 1989, PanAgora (Greek for across marketplace) Asset Management is a premier provider of investment solutions spanning most major asset classes and risk ranges. We seek to provide investment solutions using sophisticated quantitative techniques that incorporate fundamental insights and vast amounts of market information.

While PanAgora’s investment strategies are highly systematic in nature, the processes deployed within these strategies are built and overseen by talented professionals with significant and diverse investment experience. Innovative research plays a central role in our investment philosophy and process, and is an essential component of our firm’s ability to deliver attractive investment solutions.

Investment teams are organized into an Equity Strategies group and a Multi Asset Strategies group. Most investment team members are engaged in original research using fundamental intuition, market intelligence, modern finance and scientific methods. We are committed to providing clients with reliable investment processes, consistent performance, transparency, and access to our investment resources.

Our client base is comprised of institutional investors across the globe, including public & private retirement funds, sovereign wealth funds, endowments & foundations, and sub-advisory mandates. The quantitative Investment Portfolio Manager position is responsible for research and developing methodologies required for managing global multi-asset risk parity based portfolios.

The researcher is required to innovative research across asset classes, as well as within the asset classes which are fixed income, equities, and commodities. The position is also responsible for generating publication-quality research, presentation of research results, and participating in the group research meetings and discussions.

Essential functions

Conduct alpha factor research for global equity strategies by generating creative investment ideas and rigorous quantitative analysts. Apply statistical analysis and modeling techniques with finance intuition to datasets large and small, enhance existing models, and pursue new and previously unexplored research topics.

Perform advanced programming in Python/Pandas, R, and SQL, and highly customized data extraction from Factset, Bloomberg, Revere, and Thompson Reuters databases. Author research papers to showcase PanAgora’s research depth. Design and manage research agendas. Backtest and present research on equity investment factors. Communicate understanding of the market and how it impacts a client's portfolio.

Advance research capabilities using modern machine learning techniques.

Qualifications

• Requires a Master’s degree in Finance, Econometrics, Economics, Mathematics, or a directly related field plus three (3) years of experience conducting, summarizing, and presenting financial research analysis. Must have three (3) years of experience in the following (experience may be gained concurrently): Programming experience in Python and SQL Experience running backtests and performing and summarizing quantitative equity research
• Experience with advanced computer software programming and design, including pandas, scipy, or numpy
• Experience with advanced mathematical modeling, including regression analysis, Linear Algebra, and Machine learning algorithms
• Experience working with large data sets, financial statements, and other regulatory filings
• Relevant theoretical and empirical factor research, forecasting methodologies, and portfolio construction techniques, including Capital Asset Pricing Model (CAPM), Arbitrage Pricing Theory (APT), Fama-McBeth Analysis, Mean-Variance Portfolio Optimizations, and Optimization Constraint Analysis Must have two (2) years of experience in the following (experience may be gained concurrently): Codifying investment strategies using Python, R, Perl, SQL, or C# Adjusting models to manage portfolio-relevant systemic risk
• Designing and implementing parametric and non-parametric models across different markets for long-term or short-term modeling
• Must have one (1) year of experience in the following (experience may be gained concurrently): Codifying investment strategies using machine-learning technologies for quantitative and textual data
• This job description is not intended to be an exhaustive list of all duties, responsibilities and qualifications of the job. The employer has the right to revise this job description at any time. You will be evaluated in part based on your performance of the responsibilities and/or tasks listed in this job description. You may be required perform other duties that are not included on this job description. The job description is not a contract for employment, and either you or the employer may terminate employment at any time, for any reason. Base salary: $200,000 - $250,000 Disclaimer: The posted salary range represents the company’s good faith estimate of the compensation for this position at the time of posting and the same is not a promise of a particular wage for any individual. Actual compensation may be dependent on a variety of factors including, but not limited to, the candidate’s experience, education or skills, and other factors. **PanAgora is an equal opportunity employer and provides equal employment opportunities to job applicants and employees without regard to race, religion, sex, marital status, color, national origin, age, physical or mental disability, veteran status, pregnancy, ancestry or sexual orientation. PanAgora is committed to maintaining an environment that is free from discrimination as well as adhering to applicable federal and state laws. Our culture thrives on collaboration and creativity. We believe encouraging diversity of thought generates new perspectives that contribute to the overall investment debate, allows for focused collaboration, and ultimately leads to investment innovation. We nurture and promote our culture with a focus on the following principles: Our Core Values Team - At PanAgora, we maintain that a team approach to investing fosters collaboration and compounds the value of insights contributed by any single team member. Research - We believe a holistic approach to research that emphasizes the identification of market inefficiencies, often overlooked by traditional academic research, contributes to the development of more robust idea generation. PanAgora’s strategies combine the firm’s fundamental investment philosophy and original research with an advanced quantitative framework. Service - We seek to provide flexible investment solutions tailored to the evolving needs of our clients. We pair an array of investment offerings with a high degree of transparency in an effort to ensure that our clients understand the drivers of past performance and have proper expectations for the future. We focus on providing unfettered access to experienced client services and investment professionals, and pride ourselves on providing accurate and timely communication with our clients.