Artificial intelligence has captured the world’s imagination, with new use cases popping up every day. With some workers finding their jobs eliminated thanks to AI, now is the time to upskill to be eligible for some of the new jobs that are appearing. As far as AI jobs at hedge funds, there’s a shortage in one key area that job searchers can take advantage of when looking for areas to upskill.
In an interview with Hedge Fund Alpha, Subodha Kumar of Temple University shared tips on how hedge fund workers can upskill to be eligible for AI jobs - and which areas will be most important for those hoping to hold some of these AI-related positions in the future.
The types of AI jobs at hedge funds available
At hedge funds, Kumar is seeing several kinds of listing for AI-related jobs, including some new positions. Of course, firms are seeking quant researchers, but the meaning behind these jobs has changed with the implementation of AI. Quant researchers are now expected to have experience with the technology as funds seek experience in machine learning and AI.
According to Kumar, hedge funds are also looking for data scientists or alternative data scientists, alongside other positions.
“I'm seeing a lot of natural language processing researchers are also coming,” he added. “Because till now, we were relying more on the numbers, but now we are going for more text-based data as well, or non-number data. And finally, what I'm seeing is a lot of jobs coming on large language models, [called] application scientist. So… they look at the transcripts, document parsing and so on. And related to that is called feature engineer, which is another job where they try to design algorithms by looking at different features which are not easy to come by without non-AI tools.”
Also see: How The Government Shutdown Impacts Markets With Grays Peak Capital’s Scott Stevens
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full Article
