Company Overview:
FactSet Research Systems Inc. is a global provider of integrated financial information, analytical applications and industry-leading services for the investment and corporate communities. As a publicly traded company (NYSE:FDS | NASDAQ:FDS) recently added to the S&P 500 index, FactSet delivers superior content, analytics, and flexible technology to help more than 162,000 users see and seize opportunity sooner. For over 40 years, the company has served financial professionals, which include portfolio managers, investment research professionals, investment bankers, risk and performance analysts, wealth advisors and corporate clients. FactSet gives our clients the edge to outperform with informed insights, workflow solutions across the portfolio lifecycle, and industry-leading support from dedicated specialists.
Department Brief:
QRD (Quantitative Research Development) Model Validation – Product Specialist
Job Description:
The Institutional Buy Side SBU is responsible for the strategy, execution and development of products that will establish FactSet as the premier technology partner for the Analytics investment community. The FactSet QRD (Quantitative Research Development) Model Validation team is looking for a candidate to work with the team in Manila that supports both FactSet's Multi-Asset Class (MAC) and Equity risk models.
FactSet is a leading global provider of financial data, analytics and models, with offices in 35 locations worldwide, including New York, London, Frankfurt, Hong Kong, Singapore, Tokyo, and many more. The Risk Model Validation team collaborates with the Risk Research and the Product Development team to develop new risk models and enhance existing risk models. The team has a crucial role in building a strong brand for FactSet’s risk models by identifying existing risk models' strengths, possible improvements, and necessary changes. The team supports new risk models’ development as well by providing an independent assessment of risk model results to other teams in the Risk QRD group, sales, and clients.
The Model Validation - Infrastructure team is focused on ensuring that the Model Validation team has robust tools and processes to efficiently perform tests and deliver quality analyses for their projects.
The team is responsible for:
- The development, maintenance, and continuous improvement of tools and processes used in the validation of risk models.
- Creating the documentation for tools and processes.
- Ensuring the integrity of backtest data generated by the production jobs.
- Collaborating with other teams to maximize the benefits of FactSet tools in our processes.
- Supporting sales/clients by providing customized and standard analysis.
Business Criteria:
- University Degree holder preferably in Mathematics, Computer Science, or Finance
- Proficient in both written and spoken English
Desired Skills:
- At least 2 - 3 years relevant experience
- Strong analytical approach and logical thinking
- Attention to details
- A keen interest in acquiring knowledge of new technologies
- Problem solving attitude
- Proactively engaging and considering possibilities beyond provided guidelines
- Ability to work on multiple projects with shifting priorities
- Capable of working autonomously as well as in partnership with colleagues across international offices
- Advanced knowledge in Microsoft Excel
- Programming knowledge (VBA, etc.) at any level
Preferred Skills:
- Knowledge/interest in risk analytics and financial markets
Job Responsibilities:
- Development, maintenance, and continuous improvement of tools and processes
- Document the specifications of tools and processes
- Monitor the integrity of production backtest data
- Run tests and analyze the results to support the sales process
- Interact with other product teams
What’s in It for You:
- Joining a stable and growing firm with a proven track record of success for over 40 years
- A community of thoughtful, innovative minds that value collaboration, and welcome your new ideas to the table
- Mentorship and growth opportunities from senior employees
- A focus on your career development with dedicated monthly time to attend conferences, online learning seminars and build your network
- A robust social community involved in volunteerism, intramural sports, and team building events
- Business resource groups that align with our DE&I strategy to create an inclusive environment for all
- Flexible working options: in-person & hybrid
Returning from a break?
We are here to support you! If you have taken time out of the workforce and are looking to return, we encourage you to apply and chat with our recruiters about our available support to help you relaunch your career.
Top Skills
What We Do
FactSet creates flexible, open data and software solutions for tens of thousands of investment professionals around the world, providing instant access to financial data and analytics that investors use to make crucial decisions.
For 40 years, through market changes and technological progress, our focus has always been to provide exceptional client service. From more than 60 offices in 23 countries, we’re all working together toward the goal of creating value for our clients, and we’re proud that 95% of asset managers who use FactSet continue to use FactSet, year after year.
As big as we grow, as far as we reach, and as successful as we become, we stay connected to our clients and to each other.
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