Director Python R Jobs in Illinois (NOW HIRING)

Team Overview:

The Investment Strategy and Risk Management (ISRM) team is responsible for oversight of and input into the top-down portfolio construction of the Firm's portfolios and ensuring client portfolios appropriately capture the Firm's bottom-up investment recommendations.  This is a highly visible role which will feature interaction with Senior Management across various investment teams as well as the client-facing part of the organization. 

Key Responsibilities

• Design and build statistical models to evaluate alternative datasets, assess portfolio risk, and optimize investment strategies for illiquid assets, including private equity and private debt.
• Translate complex private markets data into actionable, client-ready insights for internal stakeholders and external clients.
• Integrate, clean, and analyze large and complex datasets, including alternative investment datasets that may be unstructured or imperfect.
• Identify value drivers, market behaviors, and trends that can inform investment decision-making.
• Develop advanced analytic models, scenario analyses, and simulation-based frameworks, including Monte Carlo simulations, to support risk-aware portfolio construction and investment processes across subclasses, strategies, and products.
• Generate original, proprietary research and develop clear, concise white papers, presentations, and other materials for internal stakeholders and external clients.
• Partner with software developers, Data Management, IT, and model validation teams to deploy quantitative code and analytics.
• Maintain and enhance existing analytic applications and support the use of analytic models for marketing, client service, and investment-related use cases.
• Work closely with technical and non-technical stakeholders to develop solutions for ISRM and other internal consumers.
• Collaborate with existing technical resources to optimize where data is stored, how it is accessed, and how end users can effectively leverage data and analytics.
• Manage multiple workflows and projects, including tracking dependencies, deliverable dates, milestones, and stakeholder inputs.
• Prioritize and execute work independently while maintaining accuracy, quality, and timeliness.

Candidate Requirements:

We seek an individual who is self-disciplined, demonstrates excellent attention to detail and has the following characteristics:

• Advanced degree in Mathematics, Statistics, Computer Science, Finance, Economics, or a similar quantitative field.
• CFA charterholder preferred but not required.
• Background in quantitative finance, financial engineering, or quantitative modeling strongly preferred.
• 5-10 years of relevant experience in a quantitative role within asset management.
• Minimum of 2 years of experience involving private markets investment processes and portfolios, such as private equity or private debt.
• Strong quantitative, analytical, critical thinking, and problem-solving skills, with the ability to apply robust statistical techniques to large, complex, and imperfect datasets.
• Exposure to quantitative or statistical modeling techniques used in portfolio analytics, forecasting, and risk management.
• Strong programming capabilities, including proficiency in Python, R, SQL, and/or C++.
• Experience with common database and software platforms required.
• Familiarity with machine learning and AI workflows preferred.
• Strong understanding of investment management concepts, including accounting principles, portfolio theory, equity valuation, factor models, asset allocation, portfolio optimization, liquidity risk management, and performance measurement.
• Familiarity with private investment vehicles and the considerations involved in managing private capital strongly preferred.
• Ability to translate technical methodologies into clear, commercial, and client-oriented insights.
• Demonstrated experience communicating and collaborating across multiple internal and external stakeholders, including technical and non-technical audiences.
• Ability to manage priorities independently, maintain accuracy under tight deadlines, and drive projects from concept through execution.
• Experience directing and managing support staff a plus.

We offer a competitive U.S. benefits package designed to support health, financial security, and work-life balance. Highlights include medical, dental, and vision coverage; a 401(k) with immediate vesting and employer match; profit sharing; flexible spending accounts (FSA); and paid parental leave, including adoption. Employees also receive generous paid time off, commuter benefits, employer-paid short- and long-term disability and life insurance, and access to additional voluntary benefits.