Analyst, Portfolio Construction & Implementation

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Professional Los Angeles, CA, US

2 days ago Requisition

Salary Range: $81,000.00 To $ Annually

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 $40.1 billion as of December 31, 2025, 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.

Reporting to the Director of Portfolio Construction and Implementation Strategy, the Analyst is a member of the implementation strategy team and supports the firm’s efforts to translate research views into client portfolios with maximum fidelity. The role is hands-on, data-driven, and quantitative: the Analyst will run analyses, build tooling, and execute studies that inform decisions about portfolio construction, optimization, rebalancing, and execution across the firm’s product suite.

The successful candidate will meaningfully contribute to the goal of efficiently exposing clients to value-add features defined by the Research department while controlling risk, cost, operational complexity, and account-specific considerations.

The Analyst will collaborate cross-functionally with Portfolio Management / Implementation, Research, Trading, and the Quantitative Investment Platform (QIP) team, contributing to firm-wide initiatives that improve risk-adjusted returns net of all costs. The role is a high-impact seat with direct exposure to senior investment leadership and offers the opportunity to develop deep expertise in portfolio construction, optimization, and implementation at a systematic investment manager.

• Portfolio Construction Analysis: Execute studies of signal capture, turnover sensitivity, transaction costs, constraint impact, factor decomposition, rebalance frequency, and parameter selection; synthesize results into decision-ready summaries for senior stakeholders.
• Portfolio Construction Improvement: Evaluate and incorporate state-of-the-art portfolio construction techniques into the firm’s investment process.
• Optimizer and construction tooling: Build and extend tooling around the firm’s optimization engine and related infrastructure, including parameter sweeps, frontier studies, scenario simulations, and pre-trade 'what-if' analyses.
• Implementation monitoring: Maintain monitoring of signal exposure, transfer coefficients, constraint shadow costs, turnover, tracking error, and realized vs. expected costs.
• Execution and rebalance analytics: Support evaluation of portfolio construction and execution strategies, transaction cost models, and rebalance timing/frequency in partnership with Trading and Implementation.
• Data, technology, and new products: Build reproducible data pipelines and analytics within the firm’s codebase; partner with QIP and Engineering on construction and implementation tooling; contribute analytical work to the firm’s expansion into alternatives and…