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The Applied Probability Society is a subdivision of the Institute for Operations Research and the Management Sciences (INFORMS). The Society is concerned with the application of probability theory to systems that involve random phenomena, for example, manufacturing, communication network, computer network, service, and financial systems. The Society promotes the development and use of methods for the improvement of evaluation, control, and design of these systems. Such methods include (stochastic) dynamic programming, queueing theory, Markov decision process, discrete event dynamic systems, point processes, large deviations, reliability, and so on. Our members include practitioners, educators, and researchers with backgrounds in business, engineering, statistics, mathematics, economics, computer science, and other applied sciences.

The Applied Probability Society also publishes Stochastic Systems. This open-access journal seeks to publish high-quality papers that substantively contribute to the modeling, analysis, and control of stochastic systems. The contribution may lie in the formulation of new mathematical models, in the development of new mathematical methods, or in the innovative application of existing methods. A partial list of applications domains that are germane to this journal include: service operations; logistics, transportation, and communications networks (including the Internet); computer systems; finance and risk management; manufacturing operations and supply chains; and revenue management.

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Jobs of Interest to APS

  • Hoboken, New Jersey, The School of Business at Stevens Institute of Technology invites applications for a full time tenure-track faculty position in Business Statistics at the Assistant or Associate Professor level with an expected start date of August 2021. Of particular interest are applicants with backgrounds in business analytics, machine learning, large scale data problems, data driven operations management, or a closely related field. This position is part of the School’s strategic plan of hiring three to five faculty members annually over the next few years. The position is available immediately and applications will be accepted until the position is filled. Successful candidates will possess a PhD in Statistics, Machine Learning, Management Science, or other related discipline. The degree must be completed before August 2021. Experience in industry and/or government is a plus.   Business Statistics faculty at the school are active in research involving statistics, stochastic modeling, operations management, social network analysis, financial engineering, and deep learning. Candidates are expected to complement and enhance the research activities of the school with their own scholarly activities, advise Ph.D. students, and are expected to publish in top tier journals of their field. Successful candidates are expected to teach in our graduate and undergraduate programs in Statistical Models, Multivariate Data Analytics, Machine Learning, and Applied Statistics with Application to Finance. The university offers a competitive teaching load and excellent support for faculty research.   Stevens offers Business Intelligence & Analytics and Information Systems degrees at the MS and PhD level. The MS in Business Intelligence & Analytics is one of the largest programs in the School of Business and consists of courses on multivariate data analytics, experimental design, data analytics and machine learning, social network analytics, and web analytics. Successful candidates are expected to participate in curricular development, student advisement and the program’s robust series of public events besides the primary role of pursuing a strong research agenda. Stevens Institute of Technology is a private institution located in Hoboken, NJ, directly across the Hudson River from New York City. Hoboken is a vibrant, walkable community in close proximity of Manhattan and has been ranked among the 12 best college towns in the country by Princeton Review. Stevens Institute of Technology works closely with local and global industries as well as government organizations on various research projects.   The School of Business at Stevens Institute of Technology is ranked among the top business schools in the nation, owing to the incredible career outcomes and high ROI enjoyed by students; the close relationships faculty cultivate with industry; and the university’s leadership in data, analytics and technology, and their roles in tomorrow’s workplaces. The School of Business has a special focus on information systems, analytics, and finance, and encourages interdisciplinary research. The school is AACSB accredited and offers two PhDs in Business Administration and Data Science, two MBAs, nine Masters degrees, and undergraduate degrees in Business as well as Quantitative Finance. For more information, visit www.stevens.edu/business .   Applications and nominations will be accepted until the position is filled. Stevens Institute of Technology appreciates all applications but can only respond to qualified candidates.   The School of Business at Stevens values diversity and seeks candidates who can contribute to a welcoming climate for students of all races and genders. Stevens is an NSF ADVANCE institution committed to equitable practices and policies.  We strongly encourage qualified women and minority candidates to apply.   How to Apply: This position is contingent on final budget approval. Candidates should express their interest in being considered by emailing a cover letter and CV to Antonella Bove at above@stevens.edu .
  • Seattle, Washington, King County's Department of Local Services (DLS) is seeking a strategic, detail-oriented Finance Manager (Chief Financial Officer) to join our executive team. The Finance Manager will coordinate development of the department’s biennial and supplemental budget requests and manage the department's financial policy development and strategic long-range financial planning. The successful candidate will be responsible for finance and budget for the DLS Director’s Office, which includes one special revenue fund (biennial appropriation of ~$11.0 million) and one (proposed) capital projects fund (~$20.0 million), and will provide strategic financial input to the DLS divisions. This position provides management oversight of DLS’s finance, accounting and payroll systems and will work with the Deputy Director to lead development of finance and operations performance metrics. As a key member of our leadership team , the Finance Manager will serve as the top financial leader in the department, will be a strategic partner to department and division leadership, and will be part of the team tasked with addressing the challenge of funding Roads’ infrastructure. Additionally, the Finance Manager will lead or assist with the department response to major countywide initiatives, some of which include financial systems improvements, Best Run Government and Lean initiatives, and Anti-Racism and Pro-Equity efforts.  First round of interviews is tentatively scheduled for the week of December 14, 2020.   Scope of Job Duties:   To be considered for this opportunity, you must, at a minimum, demonstrate knowledge, skill and ability to: Act as key financial advisor to department and division leadership; For financial and budget planning and issues, serve as the department liaison for the Office of Performance, Strategy and Budget; King County Council staff; and central Finance Business and Operations staff; Prepare and oversee the DLS Director’s Office (DO) biennial operating and capital budget request and identify funding adjustments to meet the department's business and pro-equity needs; Participate in the development and review of the biennial budget requests of DLS’s two divisions; Oversee finance, contracts, and asset management functions for the DO; Develop, with DO staff, the DO biennial business plans ; Review division business plans, with an equity lens; Develop strategic policy on financial and budget issues; Develop and implement the department's budget and financial policies and procedures and coordinate implementation with finance staff in the two DLS divisions; Develop and implement the allocation model for the DO operating fund (funded by other King County departments); Work with division senior management and other County staff in the analysis and evaluation of division rate proposals ; Together with the Deputy Director, develop an integrated system of financial, operational, and HR data dashboards for the department; Make recommendations on opportunities to improve efficiency and reduce risk; Ensure adherence to internal controls and update and maintain documentation of finance and accounting policies and procedures; Serve as a key point of contact for auditors as well as manage, coordinate and respond to audits; Support or serve as the DLS legislative liaison and oversee DLS proposed legislation preparation and submittal process; Perform additional duties or special projects as assigned.   We are looking for candidates who have:   Financial management leadership experience in a public organization, operating within a complex multicultural and diverse government, communications, public relations and/or related environment; Experience managing sensitive financial projects and programs in a political environment with multiple diverse stakeholders ; Effective communication skills and experience preparing and presenting financial spreadsheets and presentations to internal and external stakeholders ; Knowledge of the determinants of equity and support of the County’s anti-racism and pro-equity agenda; A proven and action-oriented commitment to evolve self-awareness of racism, racialized systems, positional power, privilege and the realities of race and other socially defined categories (such as gender, gender identity, etc.); A willingness to take risks as a leader to disrupt and dismantle racialized systems and structures and to help design and replace them with those that provide equitable opportunities for all to thrive ; Strong analytical skills ; Ability to successfully forecast financial needs for the department’s projects, programs and services; Strong knowledge of current and future trends that affect King County in the areas of: Generally Accepted Accounting Principles, standard contract/procurement, budgeting, government fund accounting, auditing, statistics, rate setting and strategic planning; A bachelor's degree with significant accounting coursework and increasingly responsible experience in budgeting, accounting, and financial analysis, OR any combination of education and experience that clearly demonstrates the ability to perform the duties of the position. A background in public policy is desirable.  We would love it if you have:    Working knowledge of the Hyperion budgeting system and the Oracle/EBS financial system/Power BI; Knowledge of Governmental Accounting Standards and techniques and the legislative process .   Why King County? Competitive – healthcare plans Free  – transportation options Manager Support – structured employee assistance program Paid – vacation time (in addition to paid holidays) Paid – sick leave Paid  – parental leave Deferred  –  compensation plan Ten  – paid holidays Awesome Employee Giving Program !   TEMPORARY TELECOMMUTING REQUIREMENT The work associated with this position will be performed remotely , at least through July 5, 2021 in compliance with King County’s telecommuting mandate . Employees will be provided with a County issued laptop and must maintain a workspace with an internet connection where they can reliably perform work and remain available and responsive during scheduled work hours.  Employees must reside in WA state and within a reasonable distance to their King County worksite to respond to workplace reporting requirements.  There will be situations where the employee is required to report to a County worksite.  Please note that when an employee conducts work that is likely to bring them in contact with another individual, safety precautions are required by the department in alignment with the Public Health Directive from the Seattle & King County Public Health Officer.  To support employees during this time King County has a robust collection of tools and resources to support working remotely. The individual selected for this opportunity will be joining an innovative and progressive team. King County is doing its part to reduce the spread of COVID-19 and remains committed to reducing our carbon footprint.    ABOUT THE DEPARTMENT King County is the local service provider for the roughly quarter-million people who live in the unincorporated areas of the county. Taken together, the population in unincorporated King County would be the second-largest city in the state. The Department of Local Services includes a Director's Office and the Road Services and Permitting Divisions. The Director’s Office includes a robust Community Service Area group focused on identifying and responding to the needs of urban and rural unincorporated King County residents and business. The department provides a single executive point of accountability for delivery of local services to all of the unincorporated areas. Are you ready to APPLY? If you are interested in pursuing this position, please follow the application instructions carefully. If you need this announcement in an alternate language or format, would like to request accommodation or assistance in the application or assessment process, or if you have questions, please contact the recruiter listed on this job announcement. The recruitment for this position is open to  all applicants . A completed King County Application is required. We highly recommend that you also provide a  cover letter  and  resume.
  • Tilburg, Netherlands, We are looking for a Full Professor in a central area of Operations Research (OR). The position will be embedded in the Department of Econometrics and Operations Research (EOR) in the Tilburg School of Economics and Management (TiSEM) at Tilburg University.  The department EOR has three main research themes in OR, namely Deterministic OR, Stochastic OR and Game Theory. The OR research group is also active in applied projects, notably through the Zero Hunger Lab, which provides optimization and data science support to NGO’s and the United Nations. Members of the OR research group have won the prestigious INFORMS Edelman Award for applied OR on two separate occasions. In addition, the OR group performs more theoretical research, including the areas of mathematical optimization (both deterministic and stochastic, discrete and continuous), quantitative logistics, and cooperative game theory. The group has a good track record of acquiring funding for this theoretical work though funding agencies, both at the Dutch and EU level.  We welcome all qualified applicants whose core interests align with those of the OR research group, but also seek to expand the expertise of our group in the areas of Business Analytics and Data Science, in particular Machine Learning.  You will have the following main responsibilities and tasks: supervise PhD students acquire external funding promote the societal relevance of your research teach in and contribute to the development of the degree programs such as Business Analytics and Operations Research contribute to the organization of the faculty, for example by participating in working groups and committees, in the domains of teaching, research and management Job package The position comes with an attractive job package that features benefits including pension benefits, insurance discounts, ample vacation days, and end-of-year bonuses, to mention but a few. The gross salary is largely determined by the Dutch labor agreement (CAO) for universities, namely scale Hgl 2 or Hgl 1 in the VSNU salary table:  https://www.tiu.nu/VSNU-CAOENG .   Academic personnel recruited from abroad may be eligible for a tax-free allowance for extraterritorial costs equal to 30% of their taxable salary. Application and interviews All applications should be submitted online at the website  https://www.tilburguniversity.edu/about/working . Complete applications should include a cover letter, CV, a publication list, teaching and research statements, evidence of excellent teaching performance, as well as two letters of reference. For more information, please contact the recruiting chair, Prof. Etienne de Klerk, email:  E.deKlerk@tilburguniversity.edu . Initial interviews may be done via video-conferencing. Subsequent interviews with the most promising candidates will be scheduled through campus visits to Tilburg University in the first or second quarter of 2021, or at another mutually convenient time and place. The deadline for applications will be  January 30, 2021 , but the hiring committee will review applications as they arrive, and may schedule interviews before the deadline. We therefore encourage applicants to submit their documents as soon as possible.   We encourage you to apply if you have: a PhD degree in Operations Research or a related field excellent research qualities, as shown by a publication record in international, peer-reviewed journals a good track record in teaching, both at the undergraduate and graduate level independently supervised PhD students received substantial research grants from external sources demonstrated organizational skills cross-cultural sensitivity a good command of spoken and written English   Profile You are: an internationally recognized expert in your field, as witnessed, e.g., by plenary talks, prizes and awards, and editorial work for highly ranked journals an inspiring leader who stimulates his or her group members to maximize their potential an enthusiastic team player with good communication skills able to acquire substantial research grants from external sources willing to obtain a University Teaching Qualification (Dutch: BKO) within three years The gross salary is largely determined by the Dutch labor agreement (CAO) for universities, namely scale Hgl 2 or Hgl 1 in the VSNU salary table.
  • New York, New York, Vise is an artificial intelligence-driven asset management platform, built and designed specifically for the Financial Advisor of the future. We are transforming the financial industry by bringing the power of AI and machine learning to automate investment management for financial advisors and build fully customized portfolios backed by portfolio intelligence. Located in New York, we are a well-funded Series A stage startup, backed by Sequoia, Founders Fund and Bling Capital. We are working in one of the largest industries in the world, with customers who are hungry for modern tools and technology that will help them win. Come join us! We’re looking for a top Quantitative Engineer to join our talented team. You'll help us build a new future for wealth management. You will partner closely with our engineering team and work with our Chief Investment Officer to build sophisticated investment models to shape our portfolio construction and portfolio insights. You will be responsible for writing production ready models (in Python) and work with our team to apply quantitative techniques like machine learning and sentiment analysis to a vast array of data sets. You should also expect to stay up to date on the latest research papers and techniques in your field. You should feel comfortable reimagining investment management and questioning every market assumption.  You should thrive in a creative, inventive, and fast-paced startup environment and want to work with people who are passionate about our work and mission. The problem we’re trying to solve as an organization is dynamic and each day brings fresh and exciting challenges. We're interested in people who will react quickly and efficiently when called upon to change or pivot. What you will own Own a set of financial models and work to scale research code to production code Research and explore seemingly impossible problems; we'll want have a practiced or natural understanding of how varying inputs are likely to change the results Building and testing complex investment ideas Apply quantitative techniques like machine learning and sentiment analysis to a vast array of data sets Partner cross-functionally on a daily basis and make decisions together quickly What you will bring on Day 1 Bachelor's degree / Master’s Degree / Ph.D - finance or mathematics is a plus Minimum of 5 years of experience as an engineer in a quantitative role Applied experience in writing great production-level code using Python Excellent comprehension of statistics and probability distributions Understanding of statistical and machine learning models Working experience within financial markets Excellent analytical, interpersonal, communication, and collaboration skills These would be great to have, but we’re sure you can learn this on the job here Strong coaching and mentorship skills Curiosity and desire to solve problems that haven't don't have defined answers Our stack: Python, Postgres, Express, TypeScript, Node, React, Redux, and AWS Vise celebrates and embraces diversity and is committed to building a team that represents a variety of experiences, backgrounds, and skills. We do not discriminate on the basis of race, color, religion, marital status, age, gender identity, gender expression, sexual orientation, non-disqualifying physical or mental disability, national origin, veteran status, or other applicable legally protected characteristics.
  • Singapore, Singapore, The Singapore University of Technology and Design (SUTD) has topped the list of emerging engineering schools (MIT report, 2018) and possesses a unique structure and mission within the vibrant nation of Singapore. SUTD features the integration of design with engineering, an intimate student to faculty ratio, an innovative active learning pedagogy, an interdisciplinary pillar organization, a stellar faculty, and a beautiful new campus. The Engineering Systems and Design (ESD) pillar within SUTD is pursuing multiple exceptional hires at all levels (tenure-track/ tenured faculty, and lecturers). We seek to fill positions in several areas including but not restricted to operations research, data science, applied mathematics, supply chains and logistics, and aviation. Applications are being accepted online at ESDjob@SUTD and the review of applications is ongoing. Additional information about the university and the Engineering Systems and Design pillar can be found at esd.sutd.edu.sg . For direct enquiries contact Assoc. Prof. Bikramjit Das at bikram@sutd.edu.sg Job Requirements (Tenure track/ Tenured Faculty): The successful candidates will have earned or be nearing completion of a doctorate in an engineering systems-related field and have solid grounding in one or more systems methodologies including, but not limited to, optimization, stochastic modeling, data science, game theory, simulation, and machine learning. Empirical, experimental, computational, and analytical research approaches are all welcome. Candidates must be committed to excellence in teaching at the undergraduate and graduate levels and to developing and maintaining an active research program. Successful candidates can look forward to internationally competitive remuneration, attractive research start-up packages and grant opportunities, and assistance for relocation to Singapore. A candidate’s full application package should include: 1. Full resume with profile, publications, as well as conference papers (including Statement of interest / Cover letter) 2. Research statement / plans 3. Teaching statement / plans 4. 3 Research papers 5. Contact information of 3 referees   Job Requirements (Lecturer): The successful candidates will have earned or be nearing completion of a doctorate in an engineering systems-related field and have solid grounding in one or more systems methodologies including, but not limited to, optimization, stochastic modeling, data science, game theory, simulation, and machine learning. Candidates must be committed to excellence in teaching at the undergraduate and graduate levels, and to innovating in the field of pedagogy. Successful candidates can look forward to internationally competitive remuneration, and pedagogy grant opportunities. A candidate’s full application package should include: 1. Full resume with profile, publications, as well as conference papers (including Statement of interest / Cover letter) 2. Research statement / plans 3. Teaching statement / plans 4. Teaching evaluations (recent) 5. Contact information of 3 referees

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