Quantitative Developer

Quantitative Developer

Invesco

Downers Grove, IL • On-site

$140K - $150K/yr

Full-time

Medical, Retirement, PTO

Posted 17 days ago


Job description

About Invesco
As one of the world's leading independent global investment firms, Invesco is dedicated to rethinking possibilities for our clients. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehicles to our clients around the world. If you're looking for challenging work, intelligent colleagues, and exposure across a global footprint, come explore your potential at Invesco.
What's in it for you?
Our people are at the very core of our success. Invesco employees get more out of life through our comprehensive compensation and benefit offerings including:
  • Flexible paid time off
  • Hybrid work schedule
  • 401(K) matching of 100% up to the first 6% with a discretionary supplemental contribution
  • Health & wellbeing benefits
  • Parental Leave benefits
  • Employee stock purchase plan

Job Description
Duties:
  • Work closely with Portfolio Management, Analysts, Operations and Technology to provide data analytics, portfolio management technology solutions and custom analysis, investment research and portfolio level reporting.
  • Build and maintain efficient Extract, Load and Transform pipelines that facilitate the gathering of data from multiple channels at Invesco, ensuring its proper normalization in the team's local data warehouse. Responsible for integration, management and accessibility of data within the team's database system.
  • Develop user-friendly GUI front-ends, allowing non-technical team members of the team to access application functionalities.
  • Navigate the team through the firm-wide data migration movement and make it a seamless switch to the Cloud-based Snowflake environment while ensuring that there is no data lost.
  • Conduct recurring optimizations in R and post-optimization analysis for the select funds to reduce tracking error within the applicable constraints.
  • Automate the existing processes in Python and R to improve efficiency, reduce costs and eliminate errors.
  • Debug and fix any issues in the team's legacy processes written in Excel VBA, Python, R, etc.

Requirements:
  • Must have a Bachelor's degree or in Math, Financial Engineering, Quantitative/Computational Finance or similar quantitative field

  • Must have 2 years of experience in quantitative analyst/ developer positions in a finance-related industry utilizing/performing the following:
    • Working with large datasets of at least 1 million+ rows, 30+ columns
    • Creating and maintaining ETL processes.
    • Demonstrating strong mathematical skills
    • Utilizing R, Python, and SAS for programming, SQL, and Excel

  • Work or educational background must include:
    • Applying understanding of portfolio management theories
    • Asset Management, Financial Products and Financial Markets.

  • Position may be eligible to work hybrid/remotely but is based out of and reports to Invesco offices in Downers Grove, IL. Must be available to travel to Downer's Grove, IL regularly for meetings and reviews with manager and project teams within 24-hours' notice.

Apply online or email resume to: Niamh McNamee, Global Mobility Specialist, Niamh.McNamee@invesco.com
RATE OF PAY: $140,000 - $150,000 / year
Full Time / Part Time
Full time
Worker Type
Employee
Job Exempt (Yes / No)
Yes
Workplace Model
Pursuant to Invesco's Workplace Policy, employees are expected to comply with the firm's most current workplace model, which as of October 1, 2025, includes spending at least four full days each week working in an Invesco office. This reflects our belief that spending time together in the office helps us build stronger relationships, collaborate more easily, and support each other's growth and development.
The above information on this description has been designed to indicate the general nature and level of work performed by employees within this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. The job holder may be required to perform other duties as deemed appropriate by their manager from time to time.
Invesco's culture of inclusivity and its commitment to diversity in the workplace are demonstrated through our people practices. We are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, creed, color, religion, sex, gender, gender identity, sexual orientation, marital status, national origin, citizenship status, disability, age, or veteran status. Our equal opportunity employment efforts comply with all applicable U.S. state and federal laws governing non-discrimination in employment.


Frequently asked questions

Q: What skills or qualities help someone succeed as a Quantitative Developer?

A: To succeed as a Quantitative Developer, key technical skills include proficiency in programming languages such as Python, C++, and Java, as well as expertise in data structures, algorithms, and software development frameworks like NumPy, pandas, and TensorFlow. Additionally, strong analytical and problem-solving skills, along with knowledge of mathematical and statistical concepts, are essential for developing and implementing complex models and algorithms. Soft skills like effective communication, collaboration, and adaptability are also crucial for working with cross-functional teams and navigating rapidly changing market conditions.

Q: What is the career path for a Quantitative Developer?

A: A Quantitative Developer's career path typically begins as a Junior Quantitative Developer or Quantitative Analyst, where they focus on implementing and maintaining mathematical models and algorithms for financial institutions. As they gain experience, they progress to mid-level roles such as Quantitative Researcher or Algorithmic Trader, where they develop and optimize complex models, and eventually to senior roles like Head of Quantitative Development or Chief Quantitative Officer, where they lead teams and drive strategic decision-making. Throughout their career, Quantitative Developers have opportunities to develop skills in programming languages, data analysis, machine learning, and domain-specific knowledge, which can lead to long-term career prospects in fields like fintech, data science, or academia.



Invesco job posting for a Quantitative Developer in Downers Grove, IL with a salary of $140,000 to $150,000 Annually and benefits including Medical, PTO, and Retirement with a map of Downers Grove location.