Hybrid Intern, Research chez Los Angeles Capital

Firm Mission

“Achieving Client Success through Research and Technology”

Los Angeles Capital, the “Firm”, is a global equity manager of assets for leading institutions around the world. The Firm is recognized as a pioneer in dynamic equity management, utilizing proprietary technology to engineer equity portfolios that adapt to today’s equity market. The Firm’s senior investment professionals have worked together for three decades developing models for measuring and forecasting return and risk of global equity securities. The Firm manages approximately $31 billion as of December 1, 2023, across a wide variety of public equity strategies designed to meet institutional client return and risk objectives. The Firm has been ranked for seven years in a row by Pensions and Investments as one of the “Best Places to Work in Money Management.” The Firm’s working environment places a strong focus on teamwork and values work-life balance. The Firm offers a competitive compensation package that includes health care plans, 401(k), and top-tier benefits. The Firm is 100% employee-owned through a holding company structure and seeks to retain and motivate employees’ long term. Los Angeles Capital firmly believes the quality and commitment of the individuals are vital to the success of the Firm, ensuring that client expectations are exceeded.

Position Overview

The Research Intern will work closely with a senior member of the Research team on a customized project designed to enhance the firm’s proprietary stock selection models. Each project will apply one or more statistical or data science models to a specialized data set with the goal of generating an actionable insight about risk or returns.

Key Job Responsibilities        

• Develop an understanding of the firm’s investment process which includes stock return forecasts, co-variance estimates, and implementation shortfall. 
• Conduct rigorous research and analysis, leveraging financial, economic, and other data to solve complex problems related to quantitative equity management.
• Collaborate with research team members to develop an investment hypothesis. Identify an appropriate data set, then test your hypothesis using a variety of statistical and data science tools.
• Gain experience working with large data sets from S&P Capital IQ, Bloomberg, MSCI, and other leading data providers.
• Present findings to members of the Investment Committee.

Skills and Knowledge Required

• 0-2 years of experience
• Currently enrolled in a bachelor’s or master’s degree program in a quantitative field
• Excellent analytical skills
• Strong problem solving skills
• Strong interest in quantitative equity investing and data analysis
• Excellent oral and written communication skills including the ability to communicate effectively with investment and non-investment professionals

Skills and Knowledge Desired

• Experience with optimization software and equity risk models
• Knowledge of numerical methods
• Experience with R, Python or MATLAB

This is a hybrid position based in Los Angeles, CA which requires weekly attendance. 

Apply today! 

Los Angeles Capital is an SEC registered investment adviser and required to track certain political contributions under rule 206(4)-5. Therefore, you will be required to disclose your prior political contributions. 

Los Angeles Capital is an Affirmative Action/Equal Opportunity Employer committed to providing employment opportunity without regard to an individual’s race, color, religion, age, gender, gender identity, sexual orientation, national origin, ancestry, marital status, medical condition, genetic information, veteran status or disability. 

For more information about the company, please refer to our website at www.lacapm.com.

Personnel/Applicant Privacy Notice

Los Angeles Capital is committed to safeguarding the privacy of our personnel and job applicants. Los Angeles Capital does not "sell" (as that term is defined in the CCPA) your personal information. Please see our privacy notice for details.