Investments Interns-1

Job Description

State Street - Investment Strategy & Research InternState Street Global Advisors (SSGA), one of the worlds largest institutional asset managers, is the investment management arm of State Street Bank and Trust Company, a wholly owned subsidiary of State Street Corporation, a leading provider of financial services to institutional investors. Investment Strategy & Research is the investment team of State Street Global Advisors that conducts multi-asset class research, complex portfolio analytics and develops customized solutions to portfolio requirements for institutional clients globally.Investment Strategy & Research in Bangalore comes under the broader umbrella of Portfolio Strategy & Research which started its operations in India in March 2016 and now has nearly 40 strong investment professionals focusing on various asset classes and investment functions. The team maintains its presence globally including Boston, London, Australia, Hong Kong, Japan, Ireland and India. The role offered will be based out of Bangalore, India office.A broader overview of the firm and its activities can be gained from https://www.ssga.com/RoleSSGA Investment Strategy & Research InternResponsibilities Holdings- and returns-based absolute & benchmark relative risk analysis on single asset class and multi asset class portfolios using risk models to understand exposure to factors Performance attribution, and custom client-driven analysis using proprietary tools Analysis of existing and proposed downside risk management portfolio overlays Constructing optimal strategic asset allocation as per target risk, return, yield requirements and investment and regulatory constraints and backtest them Perform forward looking simulations on various portfolio attributes and conduct historical stress testing and custom scenario analysis Producing capital market assumptions for various asset classes on a quarterly basis adding new asset classes and improvising existing forecasting methodology Develop a quantitative understanding of passive, smart beta, enhanced and active strategies for equity and fixed income and an investment intuition around markets and macro The role will expand over time to incorporate broader responsibility, to be accountable for timely deliverables on client portfolio research, analytics projects, to participate in long term thematic research and to maintain relationship with global stakeholdersQualifications Masters Degree in finance, econometrics, science or another highly quantitative subject Understanding of investment analysis and investment process, investment styles such as value/growth investing, factor investing etc. Familiarity with Institutional Investment Practices and Buy Side Portfolio Management concepts Excellent interpersonal, communication and presentation skills Preference too 2-3 years of experience in the investment management industryo Familiarity with investment research and data vendors (e.g., Bloomberg, Reuters, Factset, BarraOne, Axioma, Morningstar Direct and portfolio management systems)o Proficiency with a statistical software package such as Matlab or Ro Experience of writing technical and research reportso Chartered Financial Analyst (CFA) and Financial Risk Manager (FRM) certifications- completed or in progresso Self-driven and initiative led behaviorProgram Flow The role requires and will foster strong background and expertise in finance, multi-asset class research, investment management, econometrics and quant modeling understanding This role will commence with the position of an intern in the strategy & research team. The candidate will go through rigorous training (tentatively 6 months) on various concepts and practices to enable him/her to reach the potential to fulfill the responsibilities listed above While the intern will be based out of Bangalore office, regular interactions with global researchers, strategists, portfolio managers, account executives and Chief investment officers on various projects will be part of the program The candidate will gain exposure to various quantitative models, strategies and platforms and will be mentored for independently conducting research He / She will be evaluated post completion of 6 month core programme and will be expected to prove their mettle in terms of achieving expectations and priorities The expectation from the candidate will be to form a part of the growth of the organization in the medium to long term and blend with the organizational culture globally and locally In terms of hierarchy, the team leads of various research functions currently report to the Head of Quantitative Investments who reports to the Head of Investments, India (and dot-line reporting to Global COO, Investment Solutions Group) who further reports to the Head of SSGA, India

Keyskills :
investment researchcapital marketinvestmentsfinancial serviceseconometricsportfolioportfolio managementfactsetcfafrmrisk managementbloombergchartered financial analystinvestment analysisrisk analysisinvestment managementriskfixed income