What are the responsibilities and job description for the Associate Quantitative Analyst – MDT position at Federated Hermes?
Associate Quantitative Analyst – MDT
Federated Hermes Career Opportunity #9652
Boston, MA
Since 1955, millions of investors in the United States and around the globe have relied on Federated Hermes, Inc. (NYSE: FHI) for world-class investment solutions. Federated Hermes has grown to become one of the nation's largest investment managers with over $902.6 billion in assets under management. Federated Hermes is a global leader in active responsible investing with one of the largest engagement and stewardship teams in the world representing over $2.1 trillion in assets under advisement.
The Federated Hermes MDT Investment Team has a long-standing track record of strong performance driven by a quantitative, systematic investment process built on proprietary models and deep research. Our culture emphasizes empirical rigor, technological innovation, and the continuous pursuit of consistent alpha across changing market environments.
As an Associate Quantitative Analyst on the MDT Investment Team, you will contribute directly to the research that powers our investment models. This is a highly technical, hands-on role ideal for candidates who enjoy solving complex problems and applying advanced statistical and computational methods to real-world financial data. Analysts work closely with senior researchers and portfolio managers, gaining exposure to the full research workflow and learning the underlying frameworks that guide systematic investing.
MDT fosters a collaborative, research-driven environment where intellectual curiosity, analytical rigor, and strong technical capabilities are valued. We celebrate individual contributions while emphasizing teamwork and a common focus. If you thrive in a collegial research setting and are interested in solving open-ended research challenges, we encourage you to explore this opportunity.
Major Duties:
- Conduct research to identify, test, and refine predictive signals
- Analyze large, high-dimensional financial datasets using modern statistical and machine learning methods
- Design experiments and build research prototypes in production-quality code
- Collaborate with senior researchers to validate model assumptions, and enhance the robustness of the investment process
Position Specifications:
- Bachelor’s degree in computer science, mathematics, applied math, or similar quantitative discipline required.
- Strong programming ability required.
- Research experience, experience working with Python in a scientific setting, and experience working with large datasets preferred.
- No prior finance experience required.
The annual base salary range for the position is $110,000 - $130,000. In determining salary multiple factors will be taken into consideration such as experience, education and skill set.
For consideration, please visit our company website and reference job #9652
For additional information, please visit FederatedHermes.com
Federated Hermes, Inc. offers a competitive salary and benefits package along with a professional environment.
Only those candidates in whom we have an interest will be contacted.
We are interested in qualified candidates who are eligible to work in the United States. However, we are not able to sponsor visas.
EOE – Including Disability / Vets
Federated Hermes is committed to providing equal employment opportunities in all aspects of employment to qualified individuals without regard to the following criteria: race, color, national origin, religion, sex, pregnancy, sexual orientation, gender identity or expression, mental or physical disability, age, familial or marital status, ancestry, military status, veteran status or genetic information as well as any other prohibited criteria under any local, state or federal law applicable to Federated Hermes. As part of the firm’s equal employment opportunity statement, Federated Hermes will also comply with applicable government contractor obligations, including ensuring veterans and qualified people with disabilities are considered for employment and promotional opportunities consistent with current federal, state and local laws and regulations. Federated Hermes will also make reasonable accommodations for the religious practices of beliefs of applicants and employees, as well as for mental health or physical disability needs.
Salary : $110,000 - $130,000