TTSTC -Quantitative Analyst/ Senior Quantitative Analyst

Applications Must Be Filed At

https://capps.taleo.net/careersection/ex/jobdetail.ftl?job=00054243

We endeavor to maintain timely communication with all applicants by updating application statuses as promptly as possible. For the most accurate and up-to-date information about your application, please log in to the CAPPS application portal regularly to monitor status changes or updates.

Please note that this job posting can be closed without notice and earlier than the closing date indicated in the posting if a suitable candidate is found. We encourage applicants to submit and complete the application promptly.

Are you ready to grow, make a positive impact? If you are seeking to gain knowledge, build your career, and network among goal-oriented professionals, this is the place for you!

Innovation, collaboration, and a commitment to excellence best describes the culture here at the Comptroller’s Office. We take pride in the work we do serving as Texas' accountant, tax collector, treasurer, and much more! The Comptroller’s office serves virtually every citizen in the state. As Texas’ chief tax collector, accountant, revenue estimator, treasurer and purchasing manager, the agency is responsible for writing the checks and keeping the books for the multi-billion-dollar business of state government.

Our agency workforce is as diverse as the people of Texas we serve. We value our employees and take very seriously our collective commitment to public service.  Personal development opportunities are strongly encouraged through available workshops, teambuilding exercises, and on the job training. We offer flexible scheduling that helps employees maintain a healthy work-life balance.

Click here to see an inside look at the Texas Comptroller’s office!

About Ttstc

The Texas Treasury Safekeeping Trust Company (TTSTC) is a special-purpose entity that manages, safeguards, and invests public funds and securities belonging to the state of Texas, its agencies and local political subdivisions of the state. TTSTC’s special-purpose entity status provides the Comptroller’s office direct access to specialized investment services and programs enabling the Comptroller to achieve the highest return at the lowest cost to the state.

General Description

Join the Texas Treasury Safekeeping Trust Company as a Quantitative Analyst or a Senior Quantitative Analyst! Working within the TTSTC in the Risk & Quantitative Analytics (R&QA) area and performs journey or senior- level fundamental investment research and analysis work.

• Investment Analyst II/ Quantitative Analyst
• Investment Analyst IV/ Senior Quantitative Analyst

Work involves sourcing, validating, and reconciling investment data from fund managers, custodians, and internal / external systems. Ensure integrity and accuracy of investment data feeds. Other duties include structuring data sets to support analytics, modelling, and reporting efforts.

• Investment Analyst V/ Senior Quantitative Analyst

Work involves monitoring and operating various risk and investment data systems, improving, and developing risk and reporting tools, improving and developing new quantitative models used in analyzing investment data, and performing quantitative investment analysis for potential and existing investment opportunities. 

Apply today and help the Comptroller's office keep the Texas economy strong.

Work Hours

Agency standard work hours are Monday through Friday from 8am to 5pm, 40 hours per week with occasional evening and weekend hours. Hours are subject to change based upon business need or division determination.

This position may be eligible for a flexible/hybrid work schedule if certain conditions are met; working arrangements may change at any time as business necessitates.

• Investment Analyst II    $8,584.00 to $8,750.00/ Monthly
• Investment Analyst IV   $11,586.00 to $15,791.00/ Monthly
• Investment Analyst V    $13,917.00 to $19,107.00/ Monthly

Minimum Qualifications

Investment Analyst II/ IV

• Graduation from an accredited college or university with a bachelor's degree in quantitative discipline (Business Administration, Engineering, Math, Statistics, Econometrics, Finance, Economics, or Computer Science)
• 0-2 years (Investment Analyst II)/ 5 years (Investment Analyst IV) of full-time work experience performing quantitative data analysis or analyzing investment data.
• General knowledge of risk management principles and practices.
• Well-versed in analytical and financial applications (e.g. Bloomberg, FactSet, Python, Matlab, VBA, and / or other programming languages (e.g., C++, Gauss, Stata, R, C++, SAS…etc.)
• Intermediate to Advanced Excel / Power BI skills.

Investment Analyst V

• Graduation from an accredited college or university with a bachelor's degree in quantitative discipline (Business Administration, Engineering, Math, Statistics, Econometrics, Finance, Economics, or Computer Science)
• 6 years of investment /market related experience resulting in understanding of financial markets
• Well-versed in analytical and financial applications (e.g. Python, SQL, Matlab, or similar tools)
• Prior knowledge and/or experience with probabilities, statistics, and empirical analysis
• Experience managing risk in the context of an investment portfolio with multi-asset classes and using external holdings-based risk management systems
• General knowledge of risk management principles and practices.

Preferred Qualifications

Investment Analyst II/ IV

• Master's degree or PhD in quantitative discipline (Business Administration, Engineering, Math, Statistics, Econometrics, Finance, Economics, or Computer Science)
• Experience using risk systems (MSCI HedgePlatform / RiskManager, MSCI Barra, Aladdin, TruView, etc.).
• Experience in investment data analytics tools / platforms (Backstop, LPAnalyst, Axioma, MSCI Burgiss, eFront, Venn, etc.)
• Experience using performance systems (Clearwater, Solovis, State Street system, etc.).
• Knowledge of index families and benchmarking (MSCI, Bloomberg, S&P Global, HFR Database and IndexScope, Barclays Live, Cambridge, Preqin, etc.).

Investment Analyst V

• Master's degree or PhD in quantitative discipline (Business Administration, Engineering, Math, Statistics, Econometrics, Finance, Economics, or Computer Science)
• Experience using risk systems (MSCI HedgePlatform / RiskManager, MSCI Barra, Aladdin, TruView, etc.).
• Advanced Excel / Power BI
• Proficiency in Excel, Python, Matlab, VBA, and / or other programming languages (e.g., C++, Gauss, Stata, R, C++, SAS…etc.).
• Experience using Financial Data Tools (FactSet, Bloomberg, Rimes)
• Experience in investment data analytics tools / platforms (Backstop, LPAnalyst, Axioma, MSCI Burgiss, eFront, Venn, etc.)
• Experience using performance systems (Clearwater, Solovis, State Street system, etc.).
• Knowledge of index families and benchmarking (MSCI, Bloomberg, S&P Global, HFR Database and IndexScope, Barclays Live, Cambridge, Preqin, etc.)

Licenses / Certifications

Certification in or working towards certification in one or more of the following:

• Chartered Financial Analyst (CFA)
• Chartered Alternative Investments Analyst (CAIA)
• Financial Risk Manager (FRM)
• Certificate in Investment Performance Measurement (CIPM)

In This Role You Will

Investment Analyst Ii

• Actively monitors and controls the portfolio’s overall and relative risk by assessing how different factors impact performance, using various risk reports such as asset class exposures, tracking error, Value at Risk (VaR), stress tests, scenario analysis, and liquidity metrics.
• Provide risk management oversight through quantitative assessment of market exposures through quantitative assessment of market exposures
• Maintain standardized internal risk reporting
• Manages and monitors the portfolio information system and associated data, risk system, risk data and information providers.
• Design and build automated programs for data aggregation, data cleansing, and data transformation as a feed into any risk system as well as for enhanced analytics and formatting for Investment Team
• Maintain and assist in the design of existing and new module/system implementations of information databases and investment-related systems and software
• Identifies and interprets patterns and trends, assesses data quality and eliminates irrelevant data. Supports the development of improvements in analytic techniques and capabilities.  May include structuring of new data, automating data feeds, monitoring data quality, and reconciling multiple data sources.
• Automates, audits, and reconciles collections of data provided from various sources, including consulting or coordinating with fund managers, custodians, consultants, internal systems, and third-party contractors.
• Use and provide quality control on existing and new module/system implementations of information databases and investment-related systems and software
• Participate in group discussions regarding potential impacts on portfolios.
• Participate in due diligence of investment managers
• Assists with developing and maintaining models to give portfolio managers a better understanding of the range and distribution of potential outcomes of investment decisions in different market conditions.
• Designs, tracks and presents analytics that can be applied and measured consistently across multiple asset classes and investment types.
• Produces and owns regular reports on portfolio performance, asset allocation, and exposures. Automates and enhances the production of quarterly board books and presentations to executive staff and Board committees.
• Assists in regular reporting with data acquisition, reconciliation, and normalization. Contributes to the production of regular reports and presentations to executive staff and Board committees.

Investment Analyst Iv

• Actively monitors and controls the portfolio’s overall and relative risk by assessing how different factors impact performance, using various risk reports such as asset class exposures, tracking error, Value at Risk (VaR), stress tests, scenario analysis, and liquidity metrics.
• Provide risk management oversight through quantitative assessment of market exposures through quantitative assessment of market exposures
• Maintain standardized internal risk reporting
• Evaluate total fund performance attribution and identify sources of active and structural risk.
• Participate in group discussions regarding potential impacts on portfolios.
• Performs quantitative due diligence for potential investment opportunities across all asset classes. Analyzes portfolio trends, risk exposures, and performance attribution. Supports investment decisions with data-driven analytics / research as needed.
• Assists with developing and maintaining models to give portfolio managers a better understanding of the range and distribution of potential outcomes of investment decisions in different market conditions.
• Designs, tracks and presents analytics that can be applied and measured consistently across multiple asset classes and investment types.
• Performs research related to investment strategies, best practices in predictive analytics and investment modeling, evaluation of current and prospective systems, and various areas of risk management and portfolio management.
• Performs qualitative and quantitative investment and risk analysis for potential investment opportunities and existing investments across all asset classes. Present results to external investment team members and to the Investment Committee.
• Produces and owns regular reports on portfolio performance, asset allocation, and exposures. Automates and enhances the production of quarterly board books and presentations to executive staff and Board committees.
• Assists in regular reporting with data acquisition, reconciliation, and normalization. Contributes to the production of regular reports and presentations to executive staff and Board committees.
• Participates in portfolio management and risk system evaluations and research to ensure implemented systems are aligned with industry best practices
• Maintain and assist in the design of existing and new module/system implementations of information databases and investment-related systems and software
• Design and build automated programs for data aggregation, data cleansing, and data transformation as a feed into any risk system as well as for enhanced analytics and formatting for Investment Team
• Identifies and interprets patterns and trends, assesses data quality and eliminates irrelevant data. Supports the development of improvements in analytic techniques and capabilities.  May include structuring of new data, automating data feeds, monitoring data quality, and reconciling multiple data sources.
• Automates, audits, and reconciles collections of data provided from various sources, including consulting or coordinating with fund managers, custodians, consultants, internal systems, and third-party contractors.

Investment Analyst V

• Designs and implements portfolio analytics to monitor the portfolio’s overall and relative risk by assessing how different factors impact performance, using various risk reports such as asset class exposures, tracking error, Value at Risk (VaR), stress tests, scenario analysis, and liquidity metrics.
• Provide risk management oversight through quantitative assessment of market exposures through quantitative assessment of market exposures
• Design and implement standardized internal risk reporting
• Evaluate total fund performance attribution and identify sources of active and structural risk.
• Monitors and analyzes fund liquidity needs to ensure sufficient and optimal cash and leverage levels, including analyzing private asset pacing, building cash flow forecast models, and stress testing portfolio liquidity.
• Participate and lead group discussions regarding potential impacts on portfolios.
• Performs and leads quantitative due diligence for potential investment opportunities across all asset classes. Analyzes portfolio trends, risk exposures, and performance attribution. Supports investment decisions with data-driven analytics / research as needed.
• Develops and maintains models to give portfolio managers a better understanding of the range and distribution of potential outcomes of investment decisions in different market conditions.
• Performs research related to investment strategies, best practices in predictive analytics and investment modeling, evaluation of current and prospective systems, and various areas of risk management and portfolio management.
• Performs qualitative and quantitative investment and risk analysis for potential investment opportunities and existing investments across all asset classes. Present results to external investment team members and to the Investment Committee.
• Participate in due diligence of investment managers
• Prepare reports, statistical studies, and presentation materials; and coordinate special projects.
• Produces and owns regular reports on portfolio performance, asset allocation, and exposures. Automates and enhances the production of quarterly board books and presentations to executive staff and Board committees.
• Assists in regular reporting with data acquisition, reconciliation, and normalization. Contributes to the production of regular reports and presentations to executive staff and Board committees.
• Participates in portfolio management and risk system evaluations and research to ensure implemented systems are aligned with industry best practices
• Maintain and assist in the design of existing and new module/system implementations of information databases and investment-related systems and software
• Design and build automated programs for data aggregation, data cleansing, and data transformation as a feed into any risk system as well as for enhanced analytics and formatting for Investment Team
• Identifies and interprets patterns and trends, assesses data quality and eliminates irrelevant data. Supports the development of improvements in analytic techniques and capabilities.  May include structuring of new data, automating data feeds, monitoring data quality, and reconciling multiple data sources.
• Automates, audits, and reconciles collections of data provided from various sources, including consulting or coordinating with fund managers, custodians, consultants, internal systems, and third-party contractors.

Maximize Your Earnings!

At the Comptroller's office, we know potential employees are looking for more than just a paycheck. The agency offers a strong benefits package for you and your family. Insurance, retirement plans, and a flexible work schedule are just the start. See our benefits offering

If you are seeking to gain knowledge, build your career, and network among goal-oriented professionals, this is the place for you!

Important Note To The Candidate:

 
Salary is contingent upon qualifications. If you are scheduled for an interview and require any reasonable accommodation in our interview process, please inform the hiring representative who calls you to schedule your interview. Whenever possible, please give the hiring representative sufficient time to consider and respond to your request.

Military Preference

To receive MILITARY PREFERENCE, you are required to provide proof by attaching the necessary documentation to this job application.

• https://hr.sao.texas.gov/CompensationSystem/JobDescriptions
• Click on the occupational category for the position.

Additional MOS can be found at the State Auditor’s Office, 

Military Crosswalk Guide.

The Texas Veterans Commission provides helpful employment information. Go to: http://www.texasskillstowork.com, http://www.onetonline.org, https://hr.sao.texas.gov/CompensationSystem/JobDescriptions/ or www.careeronestop.org for assistance translating your military experience and training courses into civilian job terms, qualifications/requirements and skill sets.

Applications submitted through Work in Texas:

Work In Texas (WIT) applicants must complete supplemental questions to be considered for the position. To complete the supplemental questions please go to CAPPS Recruit to register or login and access your profile.

The Comptroller’s Office is proud to be an equal opportunity workplace. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity.

Resumes will not be accepted in lieu of completed applications. The application must contain the necessary information in the work history for the applicant to qualify for the position.

An applicant must be eligible to work in the United States to be hired at the Comptroller’s office and must remain eligible, without sponsorship or any assurance of financial or other assistance from this agency, during the term of their employment.

Applicants selected for further consideration may be subject to a pre-employment credit check. This screening will be conducted in compliance with the Fair Credit Reporting Act (FCRA). You will receive a separate disclosure and authorization form before any credit report is obtained.