Investment Engineer

New York, NY

Bridgewater Associates

Bridgewater Associates is a premier asset management firm, focused on delivering unique insight and partnership for the most sophisticated global institutional investors.

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About Bridgewater 

Bridgewater Associates is a premier asset management firm, focused on delivering unique insight and partnership for the most sophisticated global institutional investors. 

Our investment process is driven by a tireless pursuit to understand how the world’s markets and economies work — using cutting edge technology to validate and execute timeless and universal investment principles. Founded in 1975, we are a community of independent thinkers who share a commitment to excellence. By fostering a culture of openness, transparency, and inclusion, we strive to unlock the most complex questions in investment strategy, management, and corporate culture. 

Explore more information about Bridgewater on our website here

Our Culture 

Bridgewater’s unique success is the direct result of our unique way of being. We want an idea meritocracy in which meaningful work and meaningful relationships are pursued through radical truth and radical transparency. We require people to be extremely open, air disagreements, test each other’s logic, and view discovering mistakes and weaknesses as a good thing that leads to improvement and innovation. It is by continually striving together for the highest levels of truth and excellence that we create meaningful work and meaningful relationships. Within this culture, Diversity and Inclusion is a top priority because it is essential to finding the best talent in the world, enabling our idea meritocracy, and creating an environment where all types of people can thrive. We have a full-time team as well as affinity networks that work on these issues - If you would like to learn more, please let your Bridgewater recruiter know. 

Explore more information about Bridgewater’s culture on our website here

About the Team 

Bridgewater has a long history as an asset manager in Asia. It started when our founder, Ray Dalio, first visited China in 1984, and we have been managing money for sophisticated institutional investors in the Asia-Pacific region ever since our first Chinese client invested in 1993. Trading Asian markets have always been a core part of our global macro investment strategies, and several Asian economies feature prominently in the research we have published on debt cycles and the changing world order. We opened our first foreign office in China, and in 2018 we launched our first China-focused investment strategy, which has since grown to become the largest wholly foreign-owned private fund in China.  

The goal of the Asia Solutions team within our Total Portfolio Strategies department is to continue our growth journey of being the premier investment management firm in the region. Total Portfolio Strategies (TPS) aspires to shape our industry by conceiving and delivering innovative investment strategies that address our clients’ biggest goals and challenges. This entails developing great investment strategies reflecting our expertise, generating alpha in the markets, researching and publishing our understanding of the macroeconomic environment, and designing solutions to help our clients invest across the region.  

About Your Role: 

Our Investment Engineers are an integral part of our investment process. On a day-to-day basis, your mission is to understand how the world’s markets and economies work and codify this understanding. You will spend your time designing and building the algorithms which are used to generate Bridgewater’s views on markets, translate those views into portfolios, and trade those portfolios. Every piece of investment logic is owned by the Investment Engineers who are 1) experts in their investment domain and can hold the whole model of the investment system in their head, and 2) designers that build systems which beautifully express and run our investment logic that evolves with our investment understanding. Given the flat structure of the team, Investment Engineers can get exposure to the investment thinking of some of the most senior investors at the firm. 

Interested in learning more about working at Bridgewater? Hear about the experiences of our employees here

You will drive the following responsibilities: 

As an Investment Engineer on our team, you’ll spend your time 

  • Owning one of our large investment systems over the next couple of years. With that, you will work on a project with real systems impact from day one and take ownership of a sub system within your first few months.  
  • Exploring new datasets that feed into our research and development agenda. 
  • Driving investment insights, and developing systematic trading & investment strategies based on those insights. 
  • Driving data engineering projects for consumption in our systematic investment processes. 
  • Building visualizations and diagnostics of our data universe to assist in monitoring fundamentals and market action. 
  • Running and operating systems that you have engineered to trade markets. 

You will be a click for the role if you have:  

  • A minimum of 2 years of experience in asset management, investment banking, independent or sell-side equity research, equity data, or data science; or in quantitative risk or equities trading. 
  • Strong mathematical and statistical modeling skills (i.e. highly dimensional time-series and cross-sectional datasets). 
  • Scripting/functional programming knowledge – primarily R or Python, Scala a plus. 
  • Passion and knack for building data models and algorithmic systems that solve complex investment problems. 
  • Deep interest in markets, finance, and investing. 
  • Excellent communication skills and strong interpersonal skills. 
  • Intellectual curiosity and detail-orientation. 
  • A connection to Asia markets. 

Interested in learning more about working at Bridgewater? Hear about the experiences of our employees here

Physical Requirements: 

This role will follow a hybrid schedule, with an onsite requirement alternating between our NYC and Westport campuses. 

Compensation: 

The wage range for this role is $300,000 - $450,000 inclusive of base salary and discretionary target bonus. The expected base salary for this role is between 50% - 60% of this wage range.  

Why Choose Bridgewater? 

It takes all types to make Bridgewater great. We seek a diverse group of innovative thinkers and push them to engage in rigorous and thoughtful inquiry. We develop people through an honest examination of their abilities and performance, enabling personal growth and professional development. We strive to provide you opportunities that will challenge you and unlock your potential. 

One of our core priorities at Bridgewater is to enable our employees to build a great life and career, and we believe our benefits are an important extension of that philosophy. As such, currently Bridgewater offers a competitive suite of benefits. Explore more information about Bridgewater’s benefits on our website here

Bridgewater reserves the right to change its current benefits program at any time, in a manner that is consistent with applicable federal and state regulations. 

This job description is not a contract and confers no contractual rights, privileges, or benefits on any applicant or potential applicant. Bridgewater has the right to change any and all terms of this job description, including, but not limited to, job responsibilities, qualifications and benefits. Nothing in this job description constitutes an offer or guarantee of employment. Please note that we do provide immigration sponsorship for this position. 

Bridgewater Associates, LP is an Equal Opportunity Employer 

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Category: Engineering Jobs

Tags: Banking Engineering Finance Python R Research Scala Statistical modeling Statistics

Perks/benefits: Career development Competitive pay Equity / stock options Salary bonus Transparency

Region: North America
Country: United States

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