Be You. Be Bold. Choose Duke.
Be You.
Minimum Qualifications
Education
Work requires communications and analytical skills generally acquired through completion of a bachelor's degree program. An MBA and CFA are preferred.
Experience
Work requires experience in research and financial analysis, generally acquired through two years of related experience. OR AN EQUIVALENT COMBINATION OF RELEVANT EDUCATION AND/OR EXPERIENCE
Be Bold.
What You’ll Do:
- Analyze and model portfolio exposures, performance, and risk across a diverse range of asset classes.
- Develop quantitative models to assess investment manager factor exposures and identify drivers of return.
- Contribute to private asset cash flow forecasting and pacing models to inform portfolio construction and liquidity management.
- Research, develop, and backtest systematic investment strategies in collaboration with investment teams.
- Explore and implement AI/ML techniques to enhance investment decision-making and optimize operational workflows.
- Design, build, and maintain interactive dashboards and visualizations to communicate complex data and insights to stakeholders across the organization.
- Collaborate with investment professionals and operational teams (Finance, Legal) on a variety of cross-functional projects.
What We’re Looking For
- Bachelor’s or Master’s degree in a quantitative field such as Finance, Economics, Statistics, Computer Science, Engineering, or Mathematics.
- A demonstrated passion for investing and a strong desire to learn about financial markets.
- Strong proficiency in R or Python for data analysis, modeling, and automation.
- Excellent communication skills with the ability to articulate complex technical concepts to non-technical audiences.
- An independent thinker with a proactive mindset and a high degree of intellectual curiosity.
- Experience building dashboards and data visualizations using tools like R Shiny, Python Dash, Tableau, or Power BI.
- Familiarity with financial markets, different asset classes, and investment concepts is a plus, but not required.
- Prior internship or project experience in finance, asset management, or a related quantitative field for Quantitative Analyst; 3–5-year relevant work experience for Quantitative Associate.
- Exposure to machine learning libraries (e.g., scikit-learn, TensorFlow, PyTorch) and techniques.
- Experience with database querying (e.g., SQL).
Choose Duke.
Why Join DUMAC?
- Impact: Play a critical role in supporting the mission of a world-class university.
- Exposure: Gain unparalleled experience across public and private markets, working directly with seasoned investment professionals.
- Growth: Join a collaborative, mentorship-driven environment with a clear path for professional development and learning.
- Culture: Be part of a dynamic, intellectually stimulating team that sits at the intersection of technology and finance.
Anticipated Pay Range: Duke University provides an annual base salary range for this position as USD $125,000.00 to USD $140,000.00. Duke University considers factors such as (but not limited to) scope and responsibilities of the position; candidate's work experience, education/training, and key skills; internal peer equity; as well as market and organizational considerations when extending an offer.
Your total compensation goes beyond the dollars on your paycheck. Duke provides comprehensive and competitive medical and dental care programs, generous retirement benefits, and a wide array of family-friendly and cultural programs to eligible team members. Learn more at: https://hr.duke.edu/benefits/
Equal Opportunity Employer: Duke is an Equal Opportunity Employer committed to providing employment opportunity without regard to an individual's age, color, disability, gender, gender expression, gender identity, genetic information, national origin, race, religion, sex (including pregnancy and pregnancy- related conditions), sexual orientation, or military status.
Duke aspires to create a community built on collaboration, innovation, creativity, and belonging. Our collective success depends on the robust exchange of ideas—an exchange that is best when the rich diversity of our perspectives, backgrounds, and experiences flourishes. To achieve this exchange, it is essential that all members of the community feel secure and welcome, that the contributions of all individuals are respected, and that all voices are heard. All members of our community have a responsibility to uphold these values.
Essential Physical Job Functions: