Associate (AQR Capital Management, LLC, Greenwich, CT)

About AQR Capital Management

AQR is a global investment firm built at the intersection of financial theory and practical application. We strive to deliver concrete, long-term results by looking past market noise to identify and isolate the factors that matter most, and by developing ideas that stand up to rigorous testing. By putting theory into practice, we have become a leader in alternative strategies and an innovator in traditional portfolio management since 1998.

 At AQR, our employees share a common spirit of academic excellence, intellectual honesty and an unwavering commitment to seeking the truth. We’re determined to know what makes financial markets tick – and we’ll ask every question and challenge every assumption.  We recognize and respect the power of collaboration and believe transparency and openness to new ideas leads to innovation.

Your Role:

• Optimize portfolios based on model views, market conditions, and investment guidelines.
• Oversee daily optimization results, devise trading plans for managing exposures and liquidity, and analyze portfolio performance drivers.
• Collaborate with product, business development, and client teams for portfolio analysis.
• Work on projects with senior portfolio managers and researchers to improve systematic investment portfolios.
• Coordinate design and automation for portfolio management workflows.
• Run cloud-based data processes, ensuring accuracy and timely delivery, validate research team process changes, and document exceptions.
• Interact with data systems using Python and SQL for data checks and queries, utilize third-party software for data retrieval, and assess data validation exceptions.
• Research economic and corporate event impacts on financial data, locate replacement data, and update and enhance processes and systems.
• Identify operational risks and communicate with stakeholders regarding data-related issues and solutions. 

What You’ll Bring: 

• Requires Bachelor’s degree in Computational Finance, Economics, or a related field of study, plus two (2) years of experience in asset classes including commodities, equities, foreign currencies, and fixed income; applying understanding of trading in financial markets; applying knowledge of factors that influence market movements and risk factors; analyzing market trends and interpreting financial news; applying knowledge of financial market impacts on investment strategies; creating investment portfolios with macro products (equity indices; fixed income; currencies; commodities; credit derivatives); programming languages including Python, MATLAB, R, and SQL; and/or, applying quantitative concepts in calculus, linear algebra, and statistics to systematic investment models.

AQR offers generous benefits: 100% paid Medical, Dental and Vision coverage. Some of the perks at AQR include a monthly cell phone reimbursement; a daily lunch allowance for those in the office; free breakfast, snacks and drinks in our kitchens; commuter benefits; and employee referral program.

The salary for this role is $120,000 - $140,000.00/year. 

AQR is an Equal Opportunity Employer. EEO/VET/DISABILITY