Range
Head of Quantitative Research
New York City. Posted a month ago
The role
You will own the research and modeling for portfolio construction, rebalancing, and tax management. You will report to the CIO and work with Investment Operations, Engineering, and Compliance to move research into production.
What you will do
- Own the design and refinement of core portfolio construction methodology
- Build rigorous backtests to validate model changes
- Lead research on tax-aware strategies and turn findings into production rules
- Partner with Engineering to turn research into production code
- Monitor live portfolio and rebalancing behavior after launch
- Evaluate new data sources, market data vendors, and modeling approaches
- Present research findings and model changes to the CIO and Investment Committee
- Contribute to published market commentary and represent Range at conferences and in the media
- Work with Compliance and Legal to confirm strategies meet fiduciary obligations
Required qualifications
- 9+ years of experience in quantitative research, portfolio management, or investment strategy
- Bachelor's degree in a highly quantitative field such as statistics, mathematics, economics, or financial engineering
- Strong grounding in portfolio theory, including mean-variance optimization, factor models, and risk-adjusted return analysis
- Fluency in Python and SQL for research and production work
- Direct experience building or maintaining tax-aware investment strategies, including tax-loss harvesting or direct indexing
- Experience with tax-aware long/short extensions and concentrated stock diversification
- A track record of shipping research into production
- Clear communication skills
Nice to have
- Experience at a digital wealth management or asset management firm
- Advanced degree or CFA progress
- Familiarity with portfolio risk tools like Barra, Axioma, or Aladdin
- Familiarity with data vendors like Bloomberg or FactSet
- FinTech, RIA, or broker-dealer experience
Benefits
- 100% employer-covered medical insurance for employees (75% for dependents)
- Dental and vision coverage
- Retirement savings program
- Paid Time Off and most federal holidays
- Comprehensive parental leave policy
- Select meals covered throughout the week
- Monthly movement stipend
- Early exercise eligibility
- Professional development focus
- Annual salary and equity refreshes based on performance
- Boomerang Program: hold your spot for 6 months after two years to start your own company
About the company
Range is creating AI-powered solutions to eliminate financial complexity for members. The company is backed by Google's Gradient Ventures and Cathay Innovation.