Quantitative Research Associate - Systematic Portfolio Construction

About the role

We are seeking a Quantitative Research Associate to join our Quantitative Research and Analytics group (QRA) at Capital Group (CG).

Responsibilities

• Deliver high-impact research on portfolio construction and optimization.
• Develop and maintain relevant quantitative models and frameworks.
• Partner with QRA leadership, Portfolio Strategy Management leadership, and Investment Group associates to understand and execute on quantitative research and analytical priorities.
• Work collaboratively with members of the QRA team in a rigorous peer-reviewed approach to quantitative research and support the team with portfolio optimization expertise.
• Respond to deadline-driven requests requiring quantitative analysis.
• Participate in the ongoing development of quantitative research processes at CG.
• Communicate results and recommendations in a form that meets the needs of the listener.
• Help develop computing environments to support research and research-driven processes in a collaborative research environment.

Requirements

• Advanced knowledge of optimization methods (including convex, non-linear, and integer programming) and systematic portfolio construction methods, with a minimum of 5 years of relevant experience.
• Excellent systems and computer skills, including demonstrable expertise with quantitative programming languages (e.g., Python, Julia, or R) and with optimization software (e.g. Gurobi or Mosek).
• A minimum of a basic knowledge of fundamental research, econometrics and modern financial economic theory: e.g. asset pricing, portfolio theory, factor risk models, and machine learning.
• An advanced degree (MFE, MSc, PhD) in a mathematically robust discipline (e.g., mathematics, economics, operations research) or equivalent experience.
• Excellent quantitative research skills.
• Advanced communication skills – the ability to synthesize issues into solutions, translate complex concepts into simple language, and engage across different audiences.
• Self-motivated, takes initiative, and demonstrates commitment to continuously improve skills and self.
• Curious about financial markets, optimization and portfolio construction, and always learning something new.

Qualifications

• Minimum of 5 years of relevant experience in quantitative research and portfolio construction.
• Advanced degree (MFE, MSc, PhD) in a mathematically robust discipline (economics, operations research, etc.) or equivalent experience.
• Expertise with quantitative programming languages (Python, Julia, R) and optimization software (Gurobi, Mosek).
• Basic knowledge of fundamental research, econometrics, and modern financial economic theory.
• Excellent communication skills, able to synthesize complex concepts and present them clearly.
• Self-motivated and committed to continuous skill improvement.
• Curiosity about financial markets, optimization, and portfolio construction.

Skills

• Advanced knowledge of optimization methods (convex, non-linear, integer programming).
• Expertise with quantitative programming languages (Python, Julia, R).
• Knowledge of optimization software (Gurobi, Mosek).
• Basic understanding of fundamental research, econometrics, and modern financial economic theory.
• Excellent communication skills.
• Self-motivation and continuous skill improvement.
• Curiosity about financial markets, optimization, and portfolio construction.

Benefits

• Competitive base salary ranging from $159,354 - $254,966 in Southern California, $185,833 - $297,333 in San Francisco, and $168,924 - $270,278 in New York.
• Annual performance bonus, Capital’s annual profitability bonus, and a retirement plan where Capital contributes 15% of your eligible earnings.
• Access to on-demand professional development resources.
• Flexible work options and generous time-away and health benefits.
• Matching gifts for charitable contributions and the opportunity to secure annual grants for the organizations you love.

Pay

• Southern California: $159,354 - $254,966
• San Francisco: $185,833 - $297,333
• New York: $168,924 - $270,278

Schedule

• Full-time position.

Apply

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