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Job DescriptionInvesco is seeking a Senior Quantitative Portfolio Manager with quantitative equity portfolio management experience and development skills to join its Custom Equity team. You will work as an integral part of the portfolio management team to rebalance portfolios and contribute to ongoing development of the proprietary portfolio management platform. You will help drive enhancement of automation, scalability, and augment production quality of our proprietary tax-optimized equity SMA technologies. Your primary role is to ensure successful daily management of portfolios using these systems.
Key Responsibilities: - Lead rebalancing of portfolios using proprietary portfolio management platform, including optimization review and trading oversight.
- Developing enhancements and automation for proprietary portfolio management platform.
- Working with the research team to implement new investment capabilities, including participation in new tax-managed equities products.
- Own the information and data services requirements and platform programming.
- Manage junior portfolio managers and the strategic agenda of the team.
- Partner successfully with internal stakeholders including IT, client service, platform and operations.
Experience / Knowledge: - 5-10 years of work experience in quantitative (optimization-based) portfolio management or trading, preferably investment management building and operating quantitative equity portfolio management systems.
- Hands-on experience and proficiency with quantitative equity strategies and trading, ideally including long-short and factor-based strategies.
- Understanding of tax management mechanisms, ideally with experience in applying tax-management to investment strategies.
- Excellent coding skills with extensive hands-on experience in Python. Experience working in cloud-based environments (Snowflake, AWS).
- Strong analytical and mathematical skills, including optimization techniques.
- Excellent working knowledge of econometrics and statistics including time-series analysis.
- Extensive experience with financial databases (e.g. Compustat, DataStream, Bloomberg), optimizers (e.g. Axioma, Barra) and risk models (e.g. Axioma, Barra)
- Proven track record of independently planning, coordinating, and executing development projects.
- Extensive experience managing quantitative teams to deliver outcomes.
Skills / Other Personal Attributes Required: - Passion for quantitative investment management
- Results oriented, with strong emphasis on high-quality execution.
- Demonstrated ownership of quantitative research projects and initiative in developing quantitative techniques.
- Strong demonstrated written and verbal communication skills.
- Ability to communicate effectively with a range of constituents, including researchers and portfolio managers, client portfolio managers, distribution teams, intermediaries, and clients.
- Highly motivated and determined individual able to work collaboratively across groups while staying focused on execution of the core portfolio management function.
- Player-coach who reliably and responsibly fulfills their area of responsibility.
- Ability to work effectively in-office or in hybrid settings.
Formal Education: - Degree in quantitative or technical field, with demonstrated academic excellence.
- Bachelor's degree required, Advanced degree (Master's preferred)
The salary range for this position in New York City is $200,000 - $250,000 / year. The total compensation offered for this position includes salary and incentive pay and will vary based on skills, experience and location.
Full Time / Part TimeFull time
Worker TypeEmployee
Job Exempt (Yes / No)Yes
Workplace ModelAt Invesco, our workplace model supports our culture and meets the needs of our clients while providing flexibility our employees value. As a full-time employee, compliance with the workplace policy means working with your direct manager to create a schedule where you will work in your designated office at least three days a week, with two days working outside an Invesco office.
What's in it for you?Our people are at the very core of our success. Invesco employees get more out of life through our comprehensive compensation and benefit offerings including:
- Flexible paid time off
- Hybrid work schedule
- 401(K) matching of 100% up to the first 6% with a discretionary supplemental contribution
- Health & wellbeing benefits
- Parental Leave benefits
- Employee stock purchase plan
The above information on this description has been designed to indicate the general nature and level of work performed by employees within this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. The job holder may be required to perform other duties as deemed appropriate by their manager from time to time.Invesco's culture of inclusivity and its commitment to diversity in the workplace are demonstrated through our people practices. We are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, creed, color, religion, sex, gender, gender identity, sexual orientation, marital status, national origin, citizenship status, disability, age, or veteran status. Our equal opportunity employment efforts comply with all applicable U.S. state and federal laws governing non-discrimination in employment.