At a Glance
- Tasks: Research and implement signals, optimise portfolios, and develop behavioural analytics.
- Company: Major hedge fund with a growing research function.
- Benefits: Competitive salary, dynamic work environment, and opportunities for innovation.
- Other info: Collaborative team culture with a focus on AI integration and continuous improvement.
- Why this job: Shape investment strategies and make a real impact in the finance world.
- Qualifications: Strong academic background in Maths or Sciences; experience in quantitative research.
The predicted salary is between 50000 - 70000 £ per year.
Our client is a major hedge fund that is growing its Research function supporting its Discretionary Portfolio Managers.
About the Role:
- Researching and implementing signals, building portfolio optimisation tools, developing behavioural analytics, and building tools to support the investment process that shape the way in which our portfolio managers invest and trade.
Responsibilities:
- Work closely with discretionary Portfolio Managers to add value to their process through signal development.
- Become familiar with the markets and sectors they trade.
- Work to optimise our discretionary portfolios, using risk modelling, portfolio construction, and optimisation.
- Backtest and implement signals using both traditional and alternative data sources.
- Follow industry and academic literature for innovations in quantitative strategies and suggest how discretionary PM teams can profit from them.
- Collaborate effectively with team members and communicate complex technical concepts to a less technical audience.
- Stay updated with market trends and continuously seek opportunities for improvement of existing processes and innovation using quantitative methods.
- Help PMs identify and integrate AI tools into their workflow where they add value to research, screening, or decision-making.
Qualifications:
- Exceptional academic background, preferably in Maths or Sciences.
Required Skills:
- Ability to explain technical details to a less technical generalist audience.
- Understanding of portfolio construction and optimisation.
- Experience of using equity risk models.
- Strong knowledge of financial markets, including the sector-level and stock-specific drivers of returns.
- Strong knowledge of Python and experience of data analysis techniques along with relevant libraries.
- Previous experience with optimisation packages is a plus.
- Familiarity with credit markets is advantageous but not required.
- Ideally experience in a quant researcher role; direct experience working with discretionary Portfolio Managers is a strong plus.
- Interest in applying AI and LLM-based tools to investment workflows; hands-on experience building such tools is a plus.
Preferred Skills:
- Familiarity with credit markets is advantageous but not required.
- Ideally experience in a quant researcher role; direct experience working with discretionary Portfolio Managers is a strong plus.
- Interest in applying AI and LLM-based tools to investment workflows; hands-on experience building such tools is a plus.
Candidates must have the right to live and work in the UK.
Quantitative Researcher - Discretionary Business employer: Pagos Consultants
As a leading hedge fund, we pride ourselves on fostering a dynamic and innovative work environment that empowers our Quantitative Researchers to thrive. Our collaborative culture encourages continuous learning and professional growth, with ample opportunities to engage with cutting-edge AI tools and quantitative strategies that directly influence investment decisions. Located in the heart of the financial district, we offer competitive benefits and a vibrant atmosphere that attracts top talent dedicated to shaping the future of discretionary investing.
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Researcher - Discretionary Business
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Pagos Consultants. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Quantitative Researcher - Discretionary Business
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Pagos Consultants.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Pagos Consultants's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Pagos Consultants
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Pagos Consultants.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Pagos Consultants will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Pagos Consultants employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
