Role of the Portfolio Strategy Research Associate
Dodge & Cox is looking to hire for its Quantitative Analysis and Data Science (QUADS) team. The Research Associate (RA) will work directly with senior members of our investment teams to assist with quantitative research in our Fixed Income department. This position would be a good fit for those pursuing a longer-term career in financial data science and/or fixed income investing.
Primary responsibilities would include, but not be limited to:
- Answering data-driven research questions posed by our investment committees
- Running analytics to support investment decision-making and risk management (risk/attribution models, portfolio simulations)
- Building and improving asset allocation models
- Developing and maintaining dashboards
- Assisting with custom analysis when large datasets or detailed quantitative work is required
- Assisting with managing a growing Python- and Azure-powered ecosystem for quantitative work
- Helping the firm explore applications for machine learning (ML) and artificial intelligence (AI)
The work above will be leveraged across the Fixed Income department and will provide the RA with exposure to investment professionals and senior management across the firm. This is a two-to-four-year position, after which candidates return to school or pursue other professional opportunities.
Qualifications
Dodge & Cox targets candidates with high levels of academic and professional achievement, in addition to leadership ability and interpersonal skills.
Candidates should have:
- Programming experience (e.g., Python, R, MATLAB, SQL); experience with business intelligence tools such as Tableau or PowerBI, version control (git), and cloud computing (Snowflake, Azure, AWS, etc.) are a plus
- An excellent academic record with coursework in economics, probability, statistics, multivariable calculus, and linear algebra
- Strong undergraduate preparation, or at least 1-3 years of postgraduate preparation (in industry or gaining a more advanced degree)
- Demonstrated interest in financial markets and investing
- A conscientious approach toward data analysis to ensure that results are always produced to the highest standards
- Advanced knowledge of MS Excel; familiarity with Bloomberg preferred
- Strong work ethic and demonstrated ability to work in a team environment
Requirements
- Dodge & Cox has a 4:1 hybrid work model, and all Dodge & Cox employees are required to be in their assigned office as noted in the job posting Monday - Thursday each week, with the option to work remotely on Friday.
The salary range for this position is $155k - $180k.The listed pay scale denotes only the pay range of the base salary and does not include discretionary bonus compensation, which may make up an important portion of the total remuneration. Dodge & Cox encourages applicants to consider the value of the many competitive benefits it offers, including coverage of 100% of all healthcare premiums for employees and their families and fully funding a retirement plan at 25% of the total compensation to the IRS limit. Dodge & Cox also provides additional benefits such as commuter, health & wellness, backup care, matching gift, employee assistance, and life and disability insurance. The listed pay scale reflects the base salary Dodge & Cox reasonably expects to pay for this position and is not a reflection of the highest and lowest base salary of any current Dodge & Cox employee. Actual base salary will be based on factors such as the candidate's prior relevant experience (including within and external to Dodge & Cox, as applicable), education, skills, and knowledge.
The job description above is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. It is the Company’s policy to provide equal opportunity to all persons without regard to race, color, religion, sex, pregnancy, marital or domestic partner status, sexual orientation, gender identity or expression, age, ancestry, national origin, disability, or medical condition, as defined in state and federal laws. This policy covers all aspects of employment including, but not limited to, recruitment, selection, training, promotion, transfer, compensation, demotion, and termination. By applying for a position with Dodge & Cox, you acknowledge that you have read our EEO Policy
All Dodge & Cox employees must adhere to the Firm’s security policies and Code of Ethics. Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
Top Skills
What We Do
Investment management is Dodge & Cox’s only business. We are focused on providing U.S., global, international, and emerging markets equity; fixed income; and balanced account management.
Strategies:
Equity — The philosophy guiding the management of our equity portfolios is built on traditional principles: we maintain a long-term focus, conduct our own research, and employ a rigorous price discipline. Our approach is research-intensive; decisions are based on individual company analysis by our team of investment professionals.
Fixed Income — Dodge & Cox’s philosophy is to construct and manage a high average quality portfolio of securities that are selected through bottom-up, fundamental analysis. We believe that by combining fundamental research with a long-term investment horizon it is possible to uncover and act upon inefficiencies in the valuation of market sectors and individual securities.
Balanced — Our objective in managing balanced accounts is to provide regular income, conservation of principal, and an opportunity for long-term growth of principal and income. Our strategy is to invest in a diversified portfolio of stocks and fixed income securities.
Offerings:
Dodge & Cox Funds — Dodge & Cox offers U.S. based investors a simple, low-cost way to own a portfolio of stocks and/or fixed income securities.
Private Client Accounts — The private client group serves high net worth individual investors, family offices, and non-profit organizations across the United States through separately managed accounts.
Institutional Separate Accounts — A client's investment objectives, asset allocation, and portfolio holdings are reviewed with an experienced portfolio manager and client service associate.
To view our U.S. Terms and Conditions of Use, visit: dodgeandcox.com/individual-investor/us/en/terms-and-conditions-of-use.html
Non U.S. Investors: Please visit dodgeandcox.com and select the country you live in
