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The Vanguard Group, Inc.
Optimization Research Scientist
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What they do
A Research Scientist is responsible for designing, undertaking and analyzing information from controlled laboratory-based investigations, experiments and trials.
$97,387 / year median in Pennsylvania
Job Description
Core Responsibilities 1. Develops complex queries and performs extensive programming to access, transform, and prepare data for statistical modeling. 2. Leads and executes deep dive diagnostic, predictive, and prescriptive analytics to support data-driven business decision making. Mentors and develops junior data scientists and analysts. 3. Identifies and diagnoses data inconsistencies and errors, documents data assumptions, and forages to fill data gaps. 4. Engages with internal stakeholders to understand and probe business processes in order to develop hypotheses. Brings structure to requests and translates requirements into an analytic approach. 5. Guides test design, research design, and model validation. Provides statistical consultation services. Serves as the analytics expert on cross functional teams for large strategic initiatives and contributes to the growth of the Vanguard analytic community. 6. Prepares and delivers insight presentations and action recommendations. Communicates complex analytical findings and implications to business leaders. 7. Participates in special projects and performs other duties as assigned. Qualifications Experience in applied research or quantitative modeling, with a n ability to independently execute well- scoped research efforts and contribute to larger multi-disciplinary projects . Strong experience building machine learning or deep learning models to address specific problem statements . Experience or strong familiarity with quantitative trading concepts and systematic workflows . Proficiency in Python and comfort working in development environments such as SageMaker, Databricks, or similar platforms . Experience designing and interpreting evaluation frameworks using out-of-sample testing, simulation, and backtesting . Experience with fixed income investment management problems is preferred Participation or completion of the CFA or related financial knowledge is valuable . Ability to read & reproduce research papers in computational settings . Participation in systematic or quantitative workflows in Investment Management is a plus .