About the role#
As a Quantitative Equity Research Co-op, you will support systematic equity strategies alongside researchers and portfolio managers. This six-month role offers hands-on experience with the quantitative investment process. You will contribute to active research initiatives within a team of seven investment professionals, applying technology and analysis to research investment ideas and develop stock selection signals.
What you'll do#
- Monitor and analyze factor and model performance while contributing to regular reporting.
- Pre-process large data sets for signal processing and model estimation, including validation, cleaning, and normalization.
- Apply machine learning and generative artificial intelligence to uncover investment signals and enrich stock selection models.
- Collaborate with investment teams, data science, and technology partners on research initiatives.
- Work with portfolio managers to analyze market dynamics and their impact on factor behavior.
- Present research findings to team members and key stakeholders.
- Work independently on research and development projects.
What you'll need#
- Pursuing a bachelor’s degree in Statistics, Mathematics, Finance, Economics, Computer Science, Business Administration, or a related field.
- Graduation date of December 2027 or May/June 2028.
- Proficient programming skills in R, Python, SQL, or similar languages.
- Experience with large dataset manipulation and statistical analysis.
- Strong communication, interpersonal, and presentation skills.
- Ability to problem solve independently, think creatively, and manage time effectively.
- High degree of self-motivation, integrity, and attention to detail.
- Valid work authorization for the United States without the need for future sponsorship.
Location & details#
- Location: Boston, Massachusetts.
- Work Modality: Hybrid, with four days per week in the office.
- Employment Type: Full-time.
- Compensation: $32.75 per hour.
About Ameriprise Financial Services, LLC
Ameriprise Financial Services provides investment advice, asset management, and insurance services to individual and institutional investors. The company operates a network of approximately 10,000 financial advisors across all 50 states. Founded in 1894, it maintains corporate locations in the United States and internationally. It currently employs over 17,000 people.
How to get in at Ameriprise Financial Services, LLC
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