About Northern Trust:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
Role Summary:
The Head of Data Science will work in the global quantitative strategies team that manages $37bln for clients globally. The aim of the quantitative platform is to generate cutting-edge quantitative research with a particular focus on alpha generation and sustainability approaches and integration.The head of data science identifies, advises on and executes opportunities to better utilize data science within the platform. The individual understands how to apply artificial intelligence techniques in an investment context and is able to communicate data science effectively on all levels within the organization and externally to clients and prospects.
Primary Duties and Responsibilities:
Lead the research, development and maintenance of data science into the investment platform.
Apply machine learning and artificial intelligence in creating applied signal research, portfolio construction research, sustainability approaches, and risk assessment of (new) investment strategies
Forster a culture of innovation, encouraging the exploration of new techniques and technologies that push the frontier
Developed and execute a strategic vision for employing advanced AI and ML techniques in the context of investment strategies
Collaborate with partners up to C-level to effectively deliver data science across the organization
Provide thought leadership and industry engagement
Use sophisticated analytical thought to exercise judgement and identify innovative solutions
Necessary Knowledge and Skills:
Deep level of understanding of AI techniques and how to apply these in complex investment problems
Strong knowledge of the established asset pricing and factor anomaly literature
Hands-on mentality, being able to execute on AI ideas and opportunities in quick-turnaround times
Superior communication skills, with the ability to articulate complex technical concepts to non-technical stakeholders.
Ability to quickly master new applications and tools in order to evolve the capabilities of the quantitative platform
Extensive knowledge of Python, SQL, and building cloud-based AI pipelines
Necessary Experience and Education:
PhD degree in computer science, data science, mathematics, financial economics or related field
10+ years of experience in a data science role in asset management, preferably a quantitative asset manager or hedge fund
Proven track record of running high functioning teams and driving impact in data-driven environments
Proven track record in creating thought leadership w.r.t. AI and investment applications is a strong plus
Working with Us:
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.
We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.
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