Head of Quantitative Research
- New York, United States
- On-site
- Director/Executive
- Posted
Responsibilities
- Own the design and ongoing refinement of Range's core portfolio construction methodology, including asset allocation, security selection, and rebalancing logic
- Build rigorous backtests to validate model changes, weighing tradeoffs between tracking error, tax efficiency, and transaction costs
- Lead research on tax-aware strategies, including tax-loss harvesting and direct indexing, and turn the findings into production rules
- Partner with Engineering to turn research into production code, and monitor live portfolio and rebalancing behavior after launch
- Evaluate new data sources, market data vendors, and modeling approaches that could improve member outcomes
- Present research findings and model changes to the CIO and Investment Committee in plain terms
- Share your insights beyond our walls by contributing to published market commentary, and representing Range at conferences and in the media
- Work with Compliance and Legal to confirm new strategies hold up under our Advisers Act obligations and Range's fiduciary standard
Preferred
- Bachelor's degree in a highly quantitative field such as statistics, mathematics, economics, or financial engineering; advanced degree or CFA progress a plus
- Strong grounding in portfolio theory, including mean-variance optimization, factor models, and risk-adjusted return analysis
- Fluency in Python and SQL for research and production work; familiarity with portfolio risk tools like Barra, Axioma, or Aladdin, or data vendors like Bloomberg or FactSet, a plus
- Direct experience building or maintaining tax-aware investment strategies, including tax-loss harvesting or direct indexing
- Experience with tax-aware long/short extensions and concentrated stock diversification
- A track record of shipping research into production, not just publishing findings; FinTech, RIA, or broker-dealer experience a plus
About the role
As Range's Head of Quantitative Research, you will own the research and modeling behind how every member's portfolio gets built, rebalanced, and managed for taxes, from the models under our portfolio construction to the rules that make tax-loss harvesting and direct indexing work at scale. You will report to our CIO, working closely with Investment Operations and Engineering to move your research into production and with Compliance to keep it within our fiduciary obligations.
We're excited to hire this role in Range's New York City office. All of our positions follow an in-office schedule Monday through Friday, allowing you to collaborate directly with your team. If you're not currently based in the area but love what you see, let's discuss relocation as part of your journey to joining us.
What will set you apart
- 9+ years of experience in quantitative research, portfolio management, or investment strategy, ideally at a digital wealth management or asset management firm
- Clear communication skills, with comfort moving between deep research and fast turnaround requests
Compensation
Base salary range: $250,000 – $350,000
This is the base salary range we expect in good faith to pay for this role at the time of posting. Where an offer lands within the range depends on the scope and complexity of work the candidate can own independently and demonstrated depth at this level.
Other compensation and benefits
- The range above reflects base salary only. Our offer packages also include equity in the form of stock options, so total compensation for this role will exceed the base salary range.
- We do not ask for or consider salary history. You are welcome to ask questions about compensation at any point in the process.
Health & Wellness
- : 100% employer-covered medical insurance for employees (75% for dependents), plus dental and vision coverage
- 401(k): Retirement savings program to support your future
Paid Time Off
- : Dedicated time to reset and recharge plus most federal holidays
- Parental Leave: Comprehensive leave policy for growing families
Meals
Select meals covered throughout the week
Fitness: Monthly movement stipend
Equity & Career Growth: Early exercise eligibility and a strong focus on professional development
Annual Compensation Reviews
: Salary and equity refreshes based on performance
Boomerang Program
After two years at Range, you can take time away to start your own company. We’ll hold your spot for 6 months - and pause your equity vesting, which resumes if you return
Range is proud to be an equal opportunity workplace. We are committed to equal employment opportunities regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. As a company, we are committed to designing products, building a culture, and supporting a team that reflects the diverse population we serve.
