Company:	Barra, a Morgan Stanley Company
Group:		Quantitative Research
Team:		Hedge Funds Research
Location:	Berkeley ­ California

Are you looking for an exciting opportunity that offers an intellectually rewarding job scope, with the satisfaction of seeing the impact when one’s ideas are implemented?  If so, consider Barra, a Morgan Stanley Company!

Position:	Research Consultant / Quantitative Analyst 

We is currently seeking a Quantitative Analyst to take an active part (within a team environment) in supporting our hedge fund research and development efforts; actively participating in resolving very complex problems within this segment of our business.  Specific responsibilities will include:

1.Build a strong understanding of hedge fund industry from a financial modeling perspective and develop a strong understanding of Barra methodologies pertaining to models that caters to hedge funds
2.Participate in the development and implementation of mathematical models for risk forecasting and portfolio optimization
3.Support the implementation of model development efforts which include extensive quantitative financial market data analysis and extensive programming
4.Collaborate closely with various groups of the organization including research, sales & client support, product and project management and other 

Minimum Qualifications:

Education
·M.S. degree in a quantitative discipline (i.e. Physics, Applied Math).  Ph.D. in a quantitative discipline a plus but not required

Work Experience
·1- 3 years of work experience in a quantitative research/risk management function within financial services or within academia

Technical Skills
·Knowledge of options (Black-Scholes) and stochastic calculus is required.
·Experience with Monte Carlo simulation and numerical analysis (e.g., numerical integration, optimization techniques) would be desirable, but is not required.
·Statistical skills (e.g., probability theory, time series analysis) and facility with statistical packages (e.g., SAS) would be desirable but are not required.
·Strong general technology experience utilizing C/C++ and SQL
·Knowledge of hedge funds and risk modeling within hedge funds a plus

To apply:

Interested applicants should send their cover letter and resume to:

Email:  careers@barra.com
Attn:  Job Code ­ RE2133

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