About the Role
The Research department at Dimensional is integral to the firm's day-to-day functioning and long-term strategy, producing high-quality, thought-leadership research on investments and financial markets. This role supports and enhances investment strategies, improves understanding of financial markets, and aids client education through white papers and presentations.
Responsibilities
- Conduct rigorous empirical research related to portfolio structure and implementation.
- Run historical simulations, perform regression, attribution, and characteristics analysis.
- Conduct econometric tests to evaluate the impact of different portfolio construction and implementation approaches on expected performance, costs, and diversification.
- Work closely with investment and sales teams to develop investment solutions meeting client needs.
- Share research findings through white papers and presentations at Dimensional seminars and conferences.
- Participate in and contribute to internal research seminars.
- Discuss Dimensional’s investment philosophy, process, and strategies with clients and prospects.
- Review the latest advances in academic work on asset pricing.
Requirements
- PhD in a discipline such as finance, economics, actuarial mathematics, statistics, engineering, computer science, or similar disciplines.
- 3-5 years of relevant industry experience.
- Excellent knowledge in finance and accounting.
- Extensive experience doing empirical research with large datasets.
- Strong background in econometrics and statistics.
- Strong programming skills in one or more languages such as Python, R, SQL, SAS, Matlab, C, C++, C#, Java, or Fortran.
- Excellent ability to communicate financial and economic concepts, in both oral and written form to a variety of different audience types.
- Researchers are responsible for independently completing research projects, from idea generation to paper publication or strategy implementation.
- Exceptional attention to detail, imagination, and creativity.
- Resumes and portfolios are required as part of your application.
- The use of Artificial Intelligence during interviews and skill testing is prohibited, unless Dimensional Fund Advisors has authorized such use.
- If you require reasonable accommodation in completing this application, interviewing, or otherwise participating in the employee selection process, such accommodation is available upon request.
Skills
- Empirical research
- Portfolio structure and implementation
- Historical simulations
- Regression analysis
- Attribution analysis
- Characteristics analysis
- Econometric tests
- Portfolio construction
- Investment strategies
- Client needs assessment
- White paper writing
- Presentation skills
- Asset pricing
- Python
- R
- SQL
- SAS
- Matlab
- C
- C++
- C#
- Java
- Fortran
- Financial communication
- Economic communication
Location
- Austin, Texas
Work Type
- Office-first hybrid approach: Together on campuses Tuesdays, Wednesdays, and Thursdays; choice to work in the office or remotely on Mondays and Fridays.
Experience Level
- 3-5 years of relevant industry experience
Education Level
- PhD in a discipline such as finance, economics, actuarial mathematics, statistics, engineering, computer science, or similar disciplines.
Benefits
- Comprehensive benefits
- Educational initiatives
- Special celebrations of our history, culture, and growth
About the Company
- Dimensional is a leading global investment firm offering systematic, value-added investment solutions based on robust science and thoughtful implementation.
- Our global team includes more than 1,600 passionate people with diverse experiences, education, strengths, and talents.
- We have a learning mindset rooted in academia and powered by the great ideas in finance.
- Dimensional Fund Advisors LP is an investment advisor registered with the Securities and Exchange Commission.
Equal Opportunity
- It is the policy of the Company to provide equal opportunity for all employees and applicants.
- The Company recruits, hires, trains, promotes, compensates, and administers all personnel actions without regard to actual or perceived race, color, religion, religious practice, creed, sex, sex stereotyping, pregnancy, caregiver status, gender, gender identity, gender expression, transgender identity, national origin, age, mental or physical disability, ancestry, medical condition, marital status, familial status, domestic partnership status, military or veteran status or service, unemployment status, citizenship status or alienage, sexual orientation, status as a victim of domestic violence, status as a victim of stalking, status as a victim of sex offenses, genetic information, political activities or recreational activities, arrest or conviction record, salary history, natural hairstyle or any other status protected by applicable law except as otherwise required or permitted by law or regulation applicable to the Company or its affiliates.
- Dimensional strives to be an inclusive workplace for all.
- Even if you do not match every qualification listed, if you are interested in who we are, what we do, and why we do it, we suggest and encourage you to apply.
