Senior Quantitative Engineer

2 months ago


Los Angeles, United States The TCW Group Full time
Position Summary

The Senior Quantitative Engineer for Risk and Research Technology is critical in shaping the future of investment technology at TCW. You'll be at the heart of our mission for alpha idea generation, developing and refining quantitative models, analytics, libraries, and applications that empower our investment professionals to make informed decisions.

The successful candidate should have significant experience in financial services, with Securitized Credit strongly preferred, and substantial expertise in deploying advanced analytics applications to investment professionals.

Essential Duties

  • Mentorship and Leadership: Model coding, problem-solving, and project management excellence. Provide constructive feedback, promote innovation, and support a learning-focused team environment.
  • Strategic Technology Contributions: Keep updated with tech advancements to boost modeling and computation. Drive innovation by enhancing systems, contributing to strategic planning, and identifying improvement opportunities.
  • End-to-end Application Ownership: Manage new and existing systems from inception to maintenance, ensuring scalability, high performance, and timely updates. Lead in requirements gathering and technical solutions, with accurate timeline estimations to avoid delays. Produce detailed documentation and training to ensure effective use and support of applications.
  • Quantitative Modeling and Distributed Computing: Build and refine quantitative models and algorithms, optimizing for large datasets and high-frequency analyses. Monitor application and system performance, identifying and resolving bottlenecks to maximize efficiency and usability, including refining algorithms, upgrading hardware, or adopting new technologies.
  • Collaboration Across Teams: Work effectively with various stakeholders, including research analysts, quantitative analysts, portfolio managers, and technologists. Communicate complex concepts clearly with all stakeholders, fostering cross-team collaboration.
  • Compliance and Security: Maintain strict adherence to legal, regulatory, and best practices in quant development.
Required Qualifications
  • A holder of a Bachelor's (or higher) in Computer Science, Engineering, Mathematics, or related field, with a penchant for quantitative challenges.
  • 6+ years of experience in quantitative engineering or related roles. Strong programming skills (Python, C++, C#), advanced knowledge of quantitative methods and statistical modeling, and experience in back-end development (Flask, C#).
  • Experience in the financial industry.
Professional Skills Qualifications
  • Excel at setting priorities and achieving tangible business results.
  • Sharp in solving problems, making decisions, and thinking critically.
  • Skilled communicator, adept with diverse audiences from techies to top execs.
  • Quick learner, always ready to master and apply new knowledge and skills.
Desired Qualifications
  • Quantitative experience within any Securitized Credit Product Area (CMBS, CLO)
  • Experience with 3rd party libraries such as Intex, Bloomberg, FINCAD, QuantLib, SciPy
  • Worked on cloud-native development and using CSP-managed services (ML Azure)
  • Experience with front-end development (REACT/TS)

Estimated Compensation:

Base Salary: For CA based position, the base salary range is $175k to $195k. This is an anticipated range only.

Other Compensation: Eligible to be considered for an annual discretionary bonus

Benefits: Eligible for TCW's comprehensive benefits package. See more information here.

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