Quantitative Investment Solutions (QIS) Platform Analyst

Quantitative Investment Solutions Platform Analyst

Cognizant is a large IT Consulting Firm that leverages modern technologies to transform a variety of business operations. We are seeking an entry-level Quantitative Investment Solutions Platform Analyst. The Quantitative Investment Solutions (QIS) Platform is an entrepreneurial, cross-asset team focusing on building best in class ecosystem for supporting and managing QIS business catering to institutional investors from across the world. The team works in close collaboration with Structuring, Sales, Trading and Quants from multiple regions and is based out of Mumbai, Shanghai and New York. Please note that this is a hybrid role (3 days onsite) in New York City. Only local candidates will be considered that don't need to relocate.

Role Responsibilities:

• Implement, onboard and maintain the quantitative models for back-testing and daily calculations of strategies, based on strategy documentation and following all the backtesting and modelling best practices and maintaining governance requirements
• Calculate, reconcile and disseminate daily strategy levels in a timely and an error free manner, manage exceptions and challenges promptly and effectively
• Build efficient automated controls and operational risk management processes for daily operations and periodically review them for continued efficiency
• Communicate and collaborate with different internal stakeholders (Structuring, Sales, Trading and Quants) on reconciliation issues, strategy implementation and operational risk controls
• Collaborate with stakeholders on adhoc projects, client servicing, platform robustness and scalability
• Ensure adherence to Platform Governance and UBS policies and support execution of those

Required Experience:

• At least a Bachelor's Degree in Quantitative Finance, Mathematical Finance, Financial Engineering or equivalent
• 0-2 years of related experience
• Understanding of financial markets, asset classes, investment strategies and a desire to develop a career in the Quantitative Strategies field
• Strong programming skills in Python required, experience with OOPS desired
• Experience from a similar business, project management, understanding of general risk management, transformation of operational processes through automation etc would be good to have
• Advanced user of Microsoft Office
• Ability to communicate clearly and concisely
• Ability to multitask and work with tight timelines
• Attention to detail

What We Add:

• The opportunity to work in a dynamic and a global team supporting one of the most interesting businesses in the world of investment
• An opportunity to engage extensively across all functions (Structuring, Trading, Quants) globally
• Exposure to quantitative strategies from multiple asset classes and solution areas
• The opportunity of an enriching potential long term career

Salary and Other Compensation:

The annual salary for this position is between $80,000 - $90,000 depending on experience and other qualifications of the successful candidate.

This position is also eligible for Cognizant's discretionary annual incentive program, based on performance and subject to the terms of Cognizant's applicable plans.

Benefits: Cognizant offers the following benefits for this position, subject to applicable eligibility requirements:

• Medical/Dental/Vision/Life Insurance
• Paid holidays plus Paid Time Off
• 401(k) plan and contributions
• Long-term/Short-term Disability
• Paid Parental Leave
• Employee Stock Purchase Plan

Disclaimer: The salary, other compensation, and benefits information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.

Cognizant will only consider applicants for this position who are legally authorized to work in the United States without requiring company sponsorship now or at any time in the future.

What We Offer:

• The chance to work with impact. Here, you're empowered to bring your biggest thinking to help our company and clients improve everyday life.
• Ownership over your career. Stay at the top of your game through our award-winning learning and development ecosystem. And when your ambitions change or we offer new opportunities, we help you pivot by providing reskilling, on-the-job learning and guidance to find new roles that might be a better fit.
• The opportunity to thrive on a high caliber team with heart. We celebrate each other's experiences and perspectives and promote a sense of belonging through our affinity groups and diversity and inclusion initiatives.
• A comprehensive total rewards package, including a competitive salary and pension plan with matching contributions.
• Flexible health and financial benefits to support you and your eligible dependents from day one.
• True work-life balance. Be at your best through paid time off, flexible work arrangements, volunteering opportunities, social events, and so much more.

About Us:

Cognizant is one of the world's leading professional services companies, transforming clients' business, operating, and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build, and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant (a member of the NASDAQ-100 and one of Forbes World's Best Employers 2024) is consistently listed among the most admired companies in the world.

Other employment-related information:

Cognizant is an equal opportunity employer. Your application and candidacy will not be considered based on race, color, sex, religion, creed, sexual orientation, gender identity, national origin, disability, genetic information, pregnancy, veteran status or any other characteristic protected by federal, provincial or local laws.

If you have a disability that requires reasonable accommodation to search for a job opening or submit an application, please email CareersNA2@cognizant.com with your request and contact information.

Language requirements vary depending on roles, but we ask that all candidates have basic English proficiency for company-wide communications purposes. For roles based in Quebec, professional English proficiency is required, as you'll deliver services to and collaborate with stakeholders outside the province who may not speak French.