Quantitative Research Analyst

Great Place to Work™ 2020, 2021, 2022, 2023, 2024 | Best Workplaces™ with Most Trusted Executive Teams 2024 | Best Workplaces™ in Financial Services & Insurance 2020, 2021, 2022, 2023, 2024 | Best Workplaces™ for Mental Wellness 2023, 2024 | Best Workplaces™ for Giving Back 2022 | Best Workplaces™ for Women 2021 | Best Workplaces for Inclusion 2021, 2024 | Best Workplaces™ in Ontario 2020 and 2021

Our Company

Picton Mahoney Asset Management (“PMAM”) was founded in 2004 to provide unique investment solutions to institutional, retail and high net worth investors in Canada and around the world. We are proud to say that we are 100% employee-owned and manage approximately $10.8 billion in sub-advisory, pension plan and hedge fund assets on behalf of our clients. The core values at Picton Mahoney guide the employee experience and contribute to the culture which fosters strong, transparent relationships.

Why Work at Picton Mahoney?

Picton Mahoney Asset Management is a place where employees can be proud of building a rewarding career that offers growth and the opportunity to evolve within a supportive culture that focuses on professional development. Over the years, we have learned from feedback and have developed strategies and programs that enhance employee engagement and improve the employee experience. As our values state: We work together; fully engaged and aligned. We support each other, and our actions contribute to the strategic goals of our firm. We believe in integrity and always “doing the right thing” for our clients, colleagues, and the firm. We believe in the concept of “unity in diversity” and are driven by a collaborative spirit to achieve our goals. We are committed to performance, excellence and winning. At Picton Mahoney, “stepping up” is an action, not a thought, which results in the development and implementation of those ideas. We prioritize growth and innovation and accept full responsibility for personal performance and results. We believe in being open when providing and receiving feedback, because it makes us better at what we do best.

The Opportunity

Picton Mahoney Asset Management is presently looking for a Quantitative Research Analyst to contribute to the growth and success of our Quantitative Research & Risk team. Reporting to the Portfolio Manager and Director, Quantitative Research & Risk, the ideal candidate is highly analytical, driven, curious and determined to solve challenging problems. Based out of our Head Office in Toronto, the individual will work closely with our Portfolio Management and Portfolio Construction teams to develop quantitative financial and portfolio management models, assist with identifying quantitative opportunities and more.

Responsibilities of the Role

• Conduct research that incorporates investment insight and empirical analysis to develop statistical models for equity return prediction, risk modeling and portfolio construction.

• Research, develop and maintain existing and new alpha strategies using traditional and alternative data sets.

• Use data analysis to develop robust quantitative investment framework that enhances investment decision-making and continually build, maintain and automate existing and new analytical tools for efficient quantitative analysis and recommendations.

• Collaborate with various teams across PMAM to implement enhancements to investment strategies, enhance our income platform, identify cross asset quantitative opportunities, as well as assist with projects related to factor investing, sector modeling, and portfolio construction.

• Identify, develop and back test investment factors.

• Contribute unique ideas, insights, expertise to improve our quantitative investment platform.

• Respond to ad hoc requests for data and analysis from fundamental, operations, marketing, etc.

The Qualifications and Experience Required

• 3-5 years of experience in quantitative asset management research with application of mathematics, statistics or other empirical analysis to develop quantitative models.
• Academic background in engineering, mathematics, statistics, quantitative finance, computer science, or related discipline.
• Demonstrated knowledge of SQL, including database design, as well as programming experience in Python and R.
• CFA, FRM or CAIA designation or enrollment in one of these programs is an asset.
• Exceptional analytical skills and the ability to think critically and creatively.
• Strong understanding of equity markets and analysis of financial statements.
• Ability to work with large and disparate data and communicate complex issues in a clear and concise manner.
• Understanding of quantitative investment research methods in a bond, credit or equity role is an asset.

Our Commitment to Employees

At Picton Mahoney Asset Management, we take pride in elevating our employees' experiences through an array of exceptional perks and programs. Enjoy a suite of benefits including a Lifestyle Spending Account, that includes Corporate Wellness & Fitness Reimbursement, Women in Capital Markets partnership, Women Executive Membership, Volunteer Days, Charitable Matching, Maternity and Parental Leave Top-Up, Peer Performance Recognition Awards, Semi-Annual Performance Bonuses, a generous Annual Vacation Entitlement (minimum of 15 days/year), Tuition Reimbursement, Extensive Medical & Dental Benefits, Healthcare Spending Account, and more. These offerings are crafted to enhance your career journey and overall well-being. Join us in an environment that values your growth and success!

We are committed to providing an equitable and fair work environment for everyone and all hiring and other personnel actions will be taken without regard to race, colour, creed, religion, sex, disability, gender identity, gender expression, family status, age, language or national origin. If you require an accommodation at any point in time throughout the application and hiring process, please contact Human Resources at (416) 955-4108 or at accessibility@pictonmahoney.com