Join us at 55ip, a dynamic intersection of finance and technology, leading the wealth management industry. We're on a mission to revolutionize financial progress for advisors and their clients, with our tax-smart investment strategy engine. Our strategic partnerships with renowned firms like BlackRock and J.P. Morgan have fueled our growth, with over 110 financial advisor firms and $28 billion in assets using 55ip. We're a diverse team of entrepreneurs, product experts, and customer advocates, known for our hustle and commitment to delivering exceptional experiences. As a subsidiary of J.P. Morgan, we're seeking talented team members ready to join us on our journey to becoming an industry standard.

As a Lead Quant Operations Analyst within 55ip, you will be instrumental in the development of our fundamental investment algorithms. Collaborating closely with investment management teams, your role will ensure portfolios align with investment strategies and views, while also confirming the presence of organizational and infrastructure capabilities to support the portfolio management process. Additionally, you will be responsible for the creation and management of a high-performing Quant Operations team, overseeing the delivery of Quant's audit review related documentation and establishing standard operating procedures.

 

Job responsibilities

Develop and manage a high-functioning five person Quant Operations team that includes mentoring, setting priorities, and backlog grooming. Be responsible for delivering Quant’s audit review related documentation and defining standard operating procedures Work closely with quantitative researchers and developers, portfolio analysts, and technologists to support and streamline the execution of the Quant team’s BAU processes. Analyze algorithmic trade suggestions, positioning, risk metrics, etc. to ensure alignment with investment thesis and process, and recognize, evaluate, and reconcile any results that are inconsistent with strategy objectives. Investigate research datasets for use in new or existing algorithms. Act as a liaison with investment teams and external clients to respond to inquiries and provide deep dive investigations. Be responsible for Quant Salesforce backlog of issue/incident/inquires and team adherence to SLA. Manage Quant Salesforce BAU queues and execute requests (SMA, UMA, Pine Grove reruns & deep dive investigations) Triage Quant Platform issues and handle periodic service needs. Supplement Portfolio Analytics team on a on need basis.

 

Required qualifications, capabilities, and skills

Formal training or certification on software engineering concepts and 5+ years applied experience Prior experience in asset management / trade oversight / portfolio implementation / portfolio management.  CFA and/or FRM, or currently in progress Previous experience managing a small team. Experience or ability to work with Saleforce. Excellent verbal and written communication skills. Strong attention to detail with the ability to conceptualize and learn complex financial data. Team Player with a strong work ethic and a diligent, responsible personality. Ability to work effectively in a highly collaborative, team-oriented environment. Knowledge of basic statistics, strong Excel skills and quantitative capabilities. Capable of querying/analyzing data using SQL, Excel, and Tableau. 

Preferred qualifications, capabilities, and skills

BS (MS is a plus) in accounting/finance/economics/statistics Experience with investment tools such as BarraOne, Factset, and Bloomberg is preferable. Familiarity with Python is a plus.