Employer Information
ALPHA MANAGEMENT GROUP
Job Title
Research Officer
Job Detail
Number of Positions: 0

Job Type:

Category: Finance

Posted: 2008-03-10

Deadline: Open until filled

Location: London/San Francisco
Job Description & Requirement
Barclays Global Investors (BGI) is America's largest money
manager, providing structured investment strategies such as
indexing, risk-controlled active products, and exchange
traded funds to investors worldwide. For 35 years, BGI has
been at the forefront of developing innovative investment
ideas, applying science and technology to the investment
process. The Barclays PLC subsidiary employs over 3,500
people globally and manages $2 trillion in assets.


OVERVIEW:

BGI's Alpha Management Group (AMG) is responsible for the
construction, support, and maintenance of its fund of hedge
funds products. The group supports the BGI Multi-Strategy
Fund which is a fund of internally managed hedge funds as
well as the AlpEx Products, a fund of externally managed
hedge funds.

The core responsibility of this role is focused on the
research and development of the external fund of hedge
funds products, while providing general support to the rest
of the business. The role spans research, data management,
and data infrastructure functions. The balance between
these areas adjusts according to business needs.


RESPONSIBILITIES:

- Establishment and execution of research agenda.
- Analysis of fund return series and identification of
alpha.
- Support and maintenance of multi-factor risk models.
- Reconciliation and quality assurance of cross-sectional
and time-series data.
- Identification of development requirements in an IT-owned
data warehouse and the specification of solutions.
- Construction and development of a research environment
and tools.
- Portfolio optimization and back-testing.
- Investigation of research ideas to improve product
quality and guide investment decisions.

Thought leadership and business support such as writing
white papers and supporting product collateral.


JOB QUALIFICATIONS:

- Advanced Degree in a relevant quantitative subject.
- Proven experience in a similar quantitative role.
- Familiarity with a statistical software package (i.e.
SAS, Matlab, or Splus) or a programming language (i.e.
C++ or Java) and Unix, Unix Scripting, or Linux Scripting
(i.e. C-Shell or Perl).
- Experience working with large datasets and statistical
analysis.
- Ability to carefully implement BGI's quantitative
approach and tools to fund performance analysis and
attribution.
- Attention to, and an eye for, detail.
- Sufficient flexibility to undertake all quantitative
parts of the investment research process from data
receipt and manipulation through to investment decision
making.
- Ability to find constructive solutions to computational
problems.
- Enthusiasm and willingness to adapt to the needs of a
growing business.
- Ability to constructively communicate with peers and
colleagues (investment, portfolio management, client-
facing, IT...).
- Knowledge of concepts and applications of Modern
Portfolio Theory (i.e. risk-return analysis, performance
attribution and portfolio optimization) and multi-factor
risk modeling (i.e. MSCI/BARRA, Northfield, Wilshire,
Axioma, or similar) is a plus.
- Familiarity with market information tools (e.g.
Bloomberg, Reuters, IDC, DataStream), financial
accounting, and financial instruments and markets from an
index/data perspective is a plus.
Application:
To apply, use this URL:

https://barclays.recruitmax.com//main/careerportal/candidate_update.cfm?szOrderID=2940
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