Research Analyst (AQR Capital Management, LLC, Greenwich, CT)

About AQR Capital Management 

AQR is a global investment management firm built at the intersection of financial theory and practical application. We strive to deliver superior, long-term results for our clients by seeking to filter out market noise to identify and isolate what matters most, and by developing ideas that stand up to rigorous testing. Underpinning this philosophy is an unrelenting commitment to excellence in technology — powering our insights and analysis. This unique combination has made us leaders in alternative and traditional strategies since 1998.

AQR takes a systematic, research-driven approach, applying quantitative tools to process fundamental information and manage risk. Our clients include institutional investors, such as pension funds, insurance companies, endowments, foundations and sovereign wealth funds, as well as financial advisors.

Your Role:

• Conduct research, data analysis, portfolio optimization, risk management and programming.
• Collaborate with researchers and portfolio managers in developing and maintaining trading strategies.
• Engage in the development of quantitative investment strategies.
• Perform statistical and economic research on financial data related to systematic strategies.
• Work closely with portfolio managers to assist in the implementation of investment strategies.
• Add features to the proprietary research system to implement new research ideas.
• Participate in the design and development of research infrastructure for the purpose of conducting economic and statistical research.
• Apply linear algebra and optimization techniques to portfolio construction and signal generation.
• Apply panel and time-series econometrics methods to financial data.
• Apply statistics principles to financial data analysis.
• Programming data analysis in Python or other object-oriented programming language.
• Perform SQL programming for data storage and analysis.
• Perform data visualization, summarization, and analytics in Excel.
• Apply economic and financial concepts involving equity markets (investment valuation, mean-variance analysis, asset pricing models, multi-factor models).

What You’ll Bring:

• Requires Bachelor’s degree in Finance, Economics, Mathematics, or related field of study.
• Knowledge or experience in the following must have been gained through academic research and/or coursework:
  • applying linear algebra and optimization techniques to portfolio construction and signal generation;
  • applying panel and time-series econometrics methods to financial data;
  • applying statistics principles to financial data analysis;
  • programming data analysis in Python or other object-oriented programming language;
  • SQL programming for data storage and analysis;
  • data visualization, summarization, and analytics in Excel;
  • and, applying economic and financial concepts involving equity markets (investment valuation, mean-variance analysis, asset pricing models, multi-factor models).

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

The salary range is $125,000 – $135,000/year. 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.